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The value of gold with Indian households has seen a big jump due to the rally in gold prices which has beaten all analyst expectations. (AI image) Did you know that the value of household gold with Indians is more than the size of India’s GDP? With gold prices skyrocketing in recent years, the value…
India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…
MUMBAI: RBI on Friday raised India’s GDP growth rate projections for the current fiscal to 7.4% from 7.3% earlier, while the central bank’s monetary policy committee (MPC) left the repo rate unchanged at 5.25%. The MPC also decided to continue with its neutral stance, a release from RBI said.RBI governor Sanjay Malhotra said that the…
The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…
Elon Musk makes a bold claim: “Balance of power is changing”; could India soon surpass the US in GDP growth Elon Musk reposted a chart on X with the caption “The balance of power is changing.” There was no further explanation. The chart itself had already been circulating. It came from World of Statistics and…
We have entered into another year and as the global economic landscape evolves, countries have increased not just in population, but for influence in trade and finance. As per the latest projections from the International Monetary Fund (IMF), as aggregated on Worldometer’s 2026 data, the global rankings of national economies by nominal GDP shows dynamic…
Finance minister Nirmala Sitharaman(left) with MoS for Finance Pankaj Chaudhary. (PTI) NEW DELHI: Finance minister Nirmala Sitharaman not only chose to retain the Centre’s focus on capital expenditure, but also announced that at 4.4% of GDP it had hit the highest level in at least a decade. In her ninth consecutive budget speech, she proposed…
India is set to lead global economic growth by 2026, surpassing the US, according to IMF data. Elon Musk highlighted this seismic shift, noting India and China will drive over 43% of worldwide expansion. This surge, fueled by domestic strength and manufacturing, signals a changing global economic landscape beyond traditional Western markets. Elon Musk dropped…
The government is likely to peg the fiscal deficit at 4.3 per cent of GDP in the next financial year beginning April 2026, while continuing with double-digit growth in capital expenditure, rating agency ICRA said in its pre-Budget expectations on Friday.ICRA said it expects a shortfall of about Rs 1.3 lakh crore in net tax…
Reserve Bank of India Governor Sanjay Malhotra has welcomed the Ministry of Statistics and Programme Implementation’s (MoSPI) decision to revise the base year for key macroeconomic indicators — Consumer Price Index (CPI), Gross Domestic Product (GDP) and Index of Industrial Production (IIP) — saying the exercise will better reflect changing consumption patterns and economic structures…
