Prøve GULL - Gratis
India to grow at 6.9% in FY26 on demand boost
Business Standard
|September 11, 2025
Forecasting better times
Fitch Ratings has raised India's FY26 economic forecast to 6.9 per cent from 6.5 per cent earlier, saying domestic demand will drive growth as strong real incomes support consumer spending and financial conditions encourage investments.
"At the same time, annual growth will slow in the second half of the financial year, and so we expect growth to slow in FY27 to 6.3 per cent. With the economy operating slightly above its potential, we expect growth will edge down to 6.2 per cent in FY28," said the global ratings agency.
Denne historien er fra September 11, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
US-China rivalry reaches South American telescope projects
In the foothills of the Argentine Andes, the enormous Chinese radio telescope sits in one of the world’s premier stargazing locations, untouched by light pollution.
1 mins
May 11, 2026
Business Standard
CIL lines up ₹1 trillion capex push over 5 yrs
Focus on overhauling and diversifying operations: CMD
2 mins
May 11, 2026
Business Standard
Bengal's stalled infra projects to get double-engine boost
With the Bharatiya Janata Party (BJP) forming the government in West Bengal for the first time, the central government is likely to go full throttle on several infrastructure projects in the state.
2 mins
May 11, 2026
Business Standard
Reduce energy consumption, delay gold purchase: PM
Prime Minister Narendra Modi on Sunday appealed to citizens to collectively adopt some resolutions to help the country cut down on its energy consumption to save foreign exchange, which will India face global economic disruptions, supply-chain challenges, and rising prices caused by international conflicts. The PM suggested several austerity measures, which he said, would be an act of patriotism.
1 mins
May 11, 2026
Business Standard
J&K Bank aims for ₹5 trn biz, near-zero net NPA in 2-3 years
Jammu and Kashmir (J&K) Bank intends to become a national bank over the next five years, with retail as its main focus. It sees almost 50 per cent of its business coming from outside J&K. Amitava Chatterjee, managing director (MD) and chief executive officer (CEO), in a telephonic interview with Subrata Panda in Mumbai, highlighted initiatives taken by the bank a few years ago that are now showing results, especially in governance and non-performing assets (NPAs). Edited excerpts:
2 mins
May 11, 2026
Business Standard
For Indian IT, OpenAI, Anthropic may redraw enterprise tech battle lines
OpenAI and Anthropic’s decision to form artificial intelligence (AI) services companies through joint ventures with private equity (PE) firms to drive greater enterprise adoption of their products is likely to strike at the heart of what information technology (IT) services companies have been doing over the past three decades.
3 mins
May 11, 2026
Business Standard
Losses pile up, OMCs may hike retail prices of fuel
A hike in retail prices of petrol and diesel seems likely, as the underrecovery of state-run oil marketing companies (OMCs) swells to ₹30,000 crore per month on the sale of fuel and liquefied petroleum gas (LPG).
2 mins
May 11, 2026
Business Standard
Performance, public-sector banks and George Bernard Shaw
The challenges before the performance-linked incentive structure of senior PSB executives
5 mins
May 11, 2026
Business Standard
Adda247 lays off over 20% employees
Homegrown edtech major Adda247, backed by Google and WestBridge Capital, has laid off over 200 employees, or nearly 20 per cent of its workforce, citing structural adjustments, according to multiple sources.
2 mins
May 11, 2026
Business Standard
AI to robotics: Convergence trend in tech
Much like consumers buy vehicles or furniture based on their needs, technology works best when clever combinations are applied with context.
2 mins
May 11, 2026
Listen
Translate
Change font size