World Bank cuts India’s FY26 growth forecast to 6.3% citing global headwinds
Wednesday, 23 April 2025 () The World Bank has lowered India's GDP growth forecast for FY 2025-26 to 6.3%, citing global economic headwinds and domestic policy uncertainties. The IMF also revised its projection downward to 6.2%. Across South Asia, growth projections have been broadly reduced, with the region expected to grow at 5.8% in 2025.
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the...
The U.S.-China trade war has hit new highs as Trump’s tariff rate on Chinese imports surges to 145%, triggering fierce retaliation from Beijing. China’s Commerce Minister is seeking new markets in..
Elon Musk is urging former President Trump to roll back his aggressive tariff policies, warning of serious consequences for U.S. businesses—especially Tesla. Musk criticized White House trade adviser..
Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports. At one point, losses..
Finance Minister Nirmala Sitharaman, during her US visit, affirmed India's significant growth potential, recognized by global institutions like the World Bank... IndiaTimes Also reported by •newKerala.com
Wednesday, 23 April 2025 ()
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