Fitch Revises India’s FY26 GDP Growth Forecast to 6.9% on Strong Domestic Demand

New Delhi, September 10, 2025 — In a notable upward revision, Fitch Ratings has raised India’s gross domestic product (GDP) growth forecast for the financial year 2025–26 to 6.9%, up from its previous estimate of 6.5%. The revision reflects the rating agency’s confidence in India’s resilient domestic demand, robust capital spending, and improving macroeconomic fundamentals….

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GST Reforms Set to Accelerate Growth in India’s Logistics Sector

New Delhi, September 9 — India’s logistics and transport sector is poised for significant expansion following sweeping reforms introduced in the 56th GST Council meeting held earlier this month. The new framework, dubbed “GST 2.0,” aims to simplify compliance, reduce tax burdens, and enhance operational efficiency across the supply chain, with implementation set to begin…

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Trump’s Tariffs Could Trim India’s GDP by Up to 0.6%, Warns Chief Economic Adviser Nageswaran

NEW DELHI, Sept 8 — India’s Chief Economic Adviser (CEA) V. Anantha Nageswaran has cautioned that the country’s gross domestic product (GDP) could shrink by up to 0.6% in the current fiscal year due to punitive tariffs imposed by U.S. President Donald Trump. In an interview with Bloomberg TV, Nageswaran described the 50% tariff hike…

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Hinduja Group Commits ₹7,500 Crore Investment in Tamil Nadu’s EV Sector; AstraZeneca Expands Innovation Hub

In a major boost to Tamil Nadu’s industrial and innovation landscape, UK-based Hinduja Group has signed a memorandum of understanding (MoU) with the state government to invest ₹7,500 crore in electric vehicle (EV) infrastructure. The investment will focus on cell and battery manufacturing, battery energy storage systems (BESS), and EV charging stations, and is expected…

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GST Rate Cut Expected to Ease Inflation and Impact Fiscal Deficit Moderately

The recent Goods and Services Tax (GST) rate rationalisation, set to take effect from September 22, is projected to reduce Consumer Price Index (CPI) inflation by approximately 25 basis points (bps), while potentially widening the fiscal deficit by up to 40 bps, according to leading brokerage and policy analysts. The GST Council’s decision to simplify…

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