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ICRA GDP ESTIMATE
India ready for a premium wealth show while US missiles rattle the worldIndia's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran w...
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain aheadIndia's economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robus...
RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mountRBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes a...
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi NayarThe Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncerta...
ICRA sees Q4 growth slowing to three-qtr low of 7%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 prev...
ICRA lowers India's FY27 GDP growth estimate to 6.2%Rating agency ICRA has revised India's FY27 GDP growth forecast down to 6.2% from 6.5% due to elevated crude oil prices stemming from the W...
FY'27 Budget likely to peg fiscal deficit at 4.3%: ICRAUnion Budget News: The government is expected to set the fiscal deficit at 4.3 percent of GDP for the next financial year. Capital expendit...
ICRA projects Q4 growth at 6.9%, FY'25 GDP expansion at 6.3%ICRA forecasts India's Q4 GDP growth at 6.9%, resulting in a 6.3% expansion for FY25, below the NSO's 6.5% projection. This anticipated slo...
Budget 2025: Focus to be on capex, fiscal health, says ICRAICRA stated that the Union Budget 2025-26 will prioritize capital expenditure with a 12-13% increase, while also focusing on fiscal consoli...
India's economic growth seen to ease to 6% in Q3 dragged by industrial sector: ICRAIndia's Gross Domestic Product (GDP) is expected to moderate sequentially to 6.0% YoY in Q3 FY2024, according to credit rating agency ICRA....
Icra revises upwards FY24 GDP growth forecast to 6.5%Earlier this month, the RBI had revised upwards its GDP estimate to 7 per cent from 6.5 per cent, calling the revised number a "conservativ...
GDP growth to be higher than RBI's estimate of 8 pc for June quarter: EconomistsContributions of the services sector -- which has continued to deliver higher growth -- were also mentioned by SBI and Icra. They also hint...
Icra ups Q2 GDP growth estimate to 7.9% after govt spending increases"Economic activity in Q2 FY22 was supported by a pick-up in industrial and service sector volumes after the second wave of Covid-19 subside...
GDP likely to grow just 2% in 2020-21: IcraDespite the Reserve Bank of India's (RBI) massive actions to spur the economy, India's gross domestic product (GDP) is likely to contract b...
India's GDP growth in Q4 of FY18 seen at 7.4%: IcraThe Central Statistics Office (CSO) is scheduled to come out with GDP estimate for the fourth quarter (Q4) of fiscal 2017-18 and provisiona...