The International Monetary Fund (IMF) has raised India’s economic growth forecast to 7.0% for 2026 and 2027 on a fiscal-year basis, citing resilient domestic demand, robust services activity and stronger-than-expected economic momentum. In its October 2026 World Economic Outlook (WEO), the Fund said India remains among the fastest-growing major economies despite higher oil prices and […]
India’s Union Petroleum Minister, Hardeep Singh Puri, has revealed that nearly 67 million citizens visit fuel stations daily, reflecting the country’s growing energy demand in line with its rapid economic progress. Puri highlighted India’s impressive growth, stating that the nation has emerged as the world’s fourth-largest economy with a GDP of $4.3 trillion and recorded […]
Asian Development Bank (ADB) forecasts India’s growth at 6.5% for both 2025 and 2026, while revising down growth outlooks for developing Asia due to a new global trade environment marked by tariffs. India’s GDP increased by 7.6% in H1 2025, fueled by strong public investment, despite lower net exports and consumption. Manufacturing and construction reported […]
