🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report

YourStory

YourStory · 8m ago

Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report

The Indian economy is showing resilience, with a projected GDP growth of 6.6% in 2024-25, driven by rural consumption, government investment, and strong services exports, according to an RBI report. The Financial Stability Report highlights the strengthened soundness of scheduled commercial banks due to strong profitability and declining non-performing assets. Despite some recent deceleration in growth, structural drivers remain positive, with expectations of recovery in the latter half of 2024-25, supported by various domestic and external factors.

Related News

India to be third largest economy by 2028: Morgan Stanley

YourStory

YourStory · 5m ago

India to be third largest economy by 2028: Morgan Stanley

India is projected to become the third-largest global economy by 2028, according to Morgan Stanley. With a robust consumer market and macro stability, India's economy is expected to grow from $3.5 trillion in 2023 to $5.7 trillion by 2028. The country's share in world GDP could rise to 4.5% by 2029. Growth scenarios project the economy reaching between $6.6 trillion and $10.3 trillion by 2035, driven by domestic demand, policy support, and infrastructure improvements.

RBI Monetary Policy Meeting: Gov Malhotra maintains India’s GDP growth projection for 2025-26 at 6.5%

Business Today

Business Today · 2m ago

RBI Monetary Policy Meeting: Gov Malhotra maintains India’s GDP growth projection for 2025-26 at 6.5%

RBI Governor Sanjay Malhotra maintains India's GDP growth projection for 2025-26 at 6.5%. The economy shows resilience with strong agriculture, improving industrial activity, and healthy private consumption. While domestic activity is robust, geopolitical tensions and weather uncertainties pose risks. Urban and rural demand are improving, supported by trade agreements. Overall, India displays stability and opportunity in a shifting global economy, as it pursues its "Viksit Bharat" vision.

'Well done India': Top economists laud 8.2% GDP growth in FY24

YourStory

YourStory · 1y ago

'Well done India': Top economists laud 8.2% GDP growth in FY24

India's GDP growth rate of 8.2% in FY24 received praise from leading economists, exceeding estimates and positioning India as the fastest-growing large economy. Manufacturing and mining sectors performed strongly, propelling India's economy to $3.5 trillion and setting the stage for the $5 trillion target in the coming years. Despite moderate growth in Q4 FY24, India's GDP growth rate outperformed expectations and reflected the country's economic resilience and buoyancy amidst global challenges. Experts anticipate that the growth momentum will continue in FY25, driven by manufacturing.

India to remain a bright spot amid global uncertainty: World Bank's Auguste Kouame

Economic Times

Economic Times · 2m ago

India to remain a bright spot amid global uncertainty: World Bank's Auguste Kouame

India is projected to be a robust performer in the global economy amidst uncertainty, with its GDP anticipated to grow by 6.3% in FY26. Despite lower global trade dependency, India's domestic economy remains strong, says Auguste Kouame of the World Bank. However, challenges like stagnant manufacturing GDP share and state divergence persist. Key growth areas identified include AI, energy, and skill development, playing significant roles in the global and Indian economies.

SBI Research anticipates RBI repo rate cut in February policy meet

Livemint

Livemint · 8m ago

SBI Research anticipates RBI repo rate cut in February policy meet

The Reserve Bank of India (RBI) is expected to cut repo rates in February 2025, regardless of the impact of the rupee's weakness against the dollar, according to a report by SBI Research. The report predicts a cumulative 75 basis points rate cut. The RBI recently announced its decision to keep the repo rate at 6.50%, maintaining a neutral monetary policy stance. The report also mentions the RBI's upward revision of inflation projection for 2024-25 and the downward revision of GDP growth forecast.

India fastest growing major economy, likely to become third largest soon: President Murmu

Money Control

Money Control · 10m ago

India fastest growing major economy, likely to become third largest soon: President Murmu

India's President Droupadi Murmu claims that India is the fastest growing major economy and is likely to become the third largest economy soon. The Indian economy has shown resilience in the face of geopolitical challenges and is projected to grow tenfold by 2047. India's rapid economic growth of 8.2% in 2023-24 reaffirms this resilience. To sustain high growth levels, India needs to attract private investment and create an enabling environment for trade and innovation. The government's investor-friendly policies, such as 100% FDI, aim to support economic growth.

India's private sector capex declines to 3-year low of 11.2% in FY24

Business Today

Business Today · 5m ago

India's private sector capex declines to 3-year low of 11.2% in FY24

India's private sector capital expenditure (capex) fell to a three-year low of 11.2% in FY24, potentially dropping below 11% of GDP in FY25, according to an India Ratings report. This marks a decline from the pre-COVID average capex of 11.8% between FY16 and FY20. The overall investment rate for FY25 is projected at 31.1%, driven by slowing investments in the services and industrial sectors, as well as a moderation in household investments.

States, UTs crucial to India's rise as world’s third-largest economy by 2028: Morgan Stanley

Economic Times

Economic Times · 1m ago

States, UTs crucial to India's rise as world’s third-largest economy by 2028: Morgan Stanley

Morgan Stanley's report predicts India could become the world's third-largest economy by 2028, emphasizing the crucial role of states and union territories. It forecasts India's GDP reaching $10.6 trillion by 2035, with states like Maharashtra and Tamil Nadu potentially hitting around $1 trillion in economic size by 2030-2035. The report highlights challenges such as governance issues and infrastructure deficits, while noting some states' strong growth and higher-than-average GDP per capita.

The Future of India’s Economy Under Modi 3.0 - Business Byte

Business Bytes

Business Bytes · 1y ago

The Future of India’s Economy Under Modi 3.0 - Business Byte

The Indian economy has been showing resilience despite challenges posed by the COVID-19 pandemic. The country has witnessed impressive GDP growth rates for three consecutive years, with a projected 8.2% increase in the financial year 2023-24. The fiscal deficit has been well managed, with a target of 5.1% for the current fiscal year. Reforms and development are expected to continue, focusing on infrastructure, digitalization, and manufacturing. Overall, the economy is well-positioned for sustained growth under the leadership of Modi 3.0.

Apple leads India tablet PC market with 25% share in 2023

Economic Times

Economic Times · 1y ago

Apple leads India tablet PC market with 25% share in 2023

According to a report by CyberMedia Research, Apple dominated the India tablet PC market in 2023, holding a 25% market share. Samsung followed at the second spot with a 23% market share. Apple's tablet shipments declined by 17% YoY, while Samsung's grew by 36%. The report also highlighted the rising demand for diverse tablet options in India, including premium and 5G tablets. The market is expected to grow by 5-10% in 2024 due to technological advancements and evolving consumer preferences.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Gaming Ban Stumps Cricket: Virat ...

Download the medial app to read full posts, comements and news.