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India's GDP to grow at 6.2 pc despite tariff woes: IMF

The Statesman Bhubaneswar

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April 23, 2025

Citing trade tensions and uncertainties oozing from 'Trump-tariff', International Monetary Fund (IMF) has slashed down growth forecast for global economy by 0.5 per cent for this year to 2.8 per cent, though it expects India's GDP growth to remain above 6 per cent, despite all the odds.

- AGENCIES

The IMF released the April 2025 World Economic Outlook (WEO) report in Washington on Tuesday.

The report said that shortly after the January 2025 WEO Update, the US announced multiple waves of tariffs on major trading partners and critical sectors.

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The Statesman Bhubaneswar

Fake currency notes worth ₹16 lakh seized from MP madrasa

Policein the Khandwa district of Madhya Pradesh seized fake currency notes worth nearly Rs 16 lakh from the roomofanimaminamadrassa located near a mosque in a village on Sunday.

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1 min

November 03, 2025

The Statesman Bhubaneswar

IPL2026 auctionlikely tobemoved overseas again

While news about the IPL 2026 mini-auction taking place in India surfaced earlier, there seems to beachange in approach concerning the auction location, which is nowlikely totake place abroad.

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1 min

November 03, 2025

The Statesman Bhubaneswar

Fog lights on

The latest US interest rate cut reveals a central bank attempting to steer an economy through dense uncertainty, guided more by instinct than data.

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2 mins

November 03, 2025

The Statesman Bhubaneswar

Chief secys of states, UTs to appear today before Supreme Court in stray dogs case

THE TOP COURT HAD EARLIER EXPRESSED STRONG DISAPPROVAL OF THE FAILURE OF MOST STATE GOVERNMENTS TO FILE COMPLIANCE AFFIDAVITS, DESPITE CLEAR ORDERS ISSUED ON 22 AUGUST.

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1 mins

November 03, 2025

The Statesman Bhubaneswar

Shafali, Deepti halftons help India set SA 299 target

Recalled to India’s ICC Women's World Cup squad as an injury replacement ahead of the knockouts, Shafali Verma (photo) picked the grandest stage of all to deliver her finest ODI innings. The 21-year-old opener smashed a career-best 87 to headline a century stand with Smriti Mandhana, before DeeptiSharma’s run-a-ball 58 propelled India to a competitive 298/6 in the final against South Africa at the DY Patil Cricket Academy in Navi Mumbai on Sunday.

time to read

1 mins

November 03, 2025

The Statesman Bhubaneswar

Toxic air tightens grip on Delhi as AQI soars to 366

Delhis air tured visibly murkier on Sunday as toxic smog blanketed theskyline, blurring buildings and bringing another sharp spike in pollution levels.

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1 mins

November 03, 2025

The Statesman Bhubaneswar

Eight militants of different outfits arrested in Manipur, arms recovered

Eight militants of different banned outfits were arrested by security forces from five separate Manipur districts during the past 24 hours, and some arms and ammunition were recovered from them, officials said on Sunday.

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1 min

November 03, 2025

The Statesman Bhubaneswar

BPCL posts 169 per cent surge in Q2 PAT, strong performance in H1 FY26

Bharat Petroleum Corporation Limited (BPCL), one of India’s leading energy companies, has reported a strong financial and operational performance for the second quarter (Q2) and first half (HI) of FY 2025-26, driven by robust refining margins andimproved market sales.

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1 min

November 03, 2025

The Statesman Bhubaneswar

IUML distances itself from Salam’s remarks against CM Vijayan

The Indian Union Muslim League (IUML) has distanced itself from its state general secretary PMA Salam’s inflammatory comments targeting Chief Minister Pinarayi Vijayan.

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1 min

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The Statesman Bhubaneswar

Jagan Mohan Reddy condemns YSRCP leader Jogi Ramesh’s arrest in liquor case

YSR Congress Party President and former Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Sunday condemned the arrest of party leader and former minister Jogi Ramesh in the spurious liquor case and alleged that Chief Minister N. Chandra-babu Naidu was trying to escape after his fake liquor factories were exposed.

time to read

1 mins

November 03, 2025

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