The Ministry pointed out that revenue receipts in the first half of the year, at almost 52 per cent of Budget Estimates, were above the five-year rolling average
In 2025, macro policies will need to support domestic demand, but without compromising on macrofinancial stability risks
Decentralising local governance is crucial to empowering municipal bodies with greater administrative autonomy and financial independence
Some technical factors, such as net product taxes and the GDP deflator, have also disrupted GDP's trajectory
The policies of the first decade-and-a half of planned development are better characterised as Nehruvian Humanism
For growth to be sustainable, it must be financed by higher gross domestic savings because there is not much space to do so through external borrowing
Sachin Gupta, chief rating officer at CARE Ratings, said that the first half of FY25 paints a picture of cautious optimism within India's corporate sector
Gross domestic product shrank 0.1 per cent month-on-month in October, as it did in September, the Office for National Statistics said
Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon
For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates
After gaining as much as 1.6 per cent from the previous day's close, the Sensex slipped into negative territory, only to recover sharply once again
Speaking at Assocham's Bharat@100 Summit, CEA V Anantha Nageswaran emphasised that India's underlying growth story remains intact despite dismal Q2 GDP figures
The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September
India's GDP recorded a 5.4% growth in the July-September quarter, its slowest in two years
Cash transfer schemes have emerged as a powerful strategy for ruling state governments to attract women voters, often influencing election outcomes
The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year
The forward-looking policy bias might create room to lower rates in early 2025
The same-sex law that's slated to take effect in January will also create 152,000 full-time equivalent jobs and will help lift the nation's gross domestic product by 0.3 per cent
The first GDP data release under the new schedule is set for November 29, covering the second quarter of FY25
Growth in GDP in the first quarter this financial year declined to a five-quarter low of 6.7 per cent