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UN Lowers India GDP Growth Forecast to 6.4% for 2026, Economy, Times Now

As per the report released by the UN Department of Economic and Social Affairs (UN DESA) on Tuesday, India, however, remains one of the fastest-growing major economies

Oil Crisis: India Steps Up Measures, Economy, Times Now

As per the report released by the United Nation's Department of Economic and Social Affairs (UN DESA) on Tuesday, India, however, still remains one of the fastest-growing major economies

Anticipated investments of USD 110-120 billion will focus on capacity additions of 270-300 GW, necessitating around 7 lakh acres of land., Economy, Times Now

Missiles, mines, attacks on ships, US blockade, Iran's closure - the Strait of Hormuz has de facto been closed since the start of the Middle East conflict since late February. Several weeks later, India - an economy dependent on the world for 90% of its crude needs - has managed its oil supply situation better than most expected.

India's female workforce participation lags behind peer nations. Boosting this rate could significantly increase GDP. Experts suggest focusing on job creation and improving employment quality. Labour law reforms and removing trade bottlenecks are crucial. Investing in health and education will also drive participation. These steps can foster economic growth and societal progress.

MUMBAI: Leading rating agencies have revised downward India's GDP growth estimates for the next few quarters and up to 2027, thanks to the impact of the war in West Asia on the economy.

India's economic growth is projected to slow in the fourth quarter of fiscal year 2026. ICRA forecasts a 7% growth rate, down from the previous quarter. This slowdown is attributed to weaker industrial and services sector expansion. Agriculture is expected to see a slight improvement. ICRA also anticipates a full fiscal year 2026 GDP growth of 7.5%.

The rapidly growing trade and investment have not only contributed to India's growth story, but also played a positive role in the economies of the Nordic countries and created thousands of jobs, the PM noted.