Bharat Express

GDP Growth

The Indian stock market opened higher on March 3, with key indices rising due to strong GDP growth and favourable GST collections.

Experts urge investors to focus on long-term gains and opportunities despite short-term market fluctuations.

A Reuters poll estimates India's economy grew 6.3% last quarter, aided by higher government spending despite weak household demand.

India aims for a $23-35 trillion GDP by 2047, driven by sectoral growth, tech innovation, and demographics.

SBI economists estimate India's Q3 FY25 GDP growth at 6.2-6.3%, driven by strong demand, rising Capex, and improved EBIDTA and corporate GVA.

The RBI reduced the repo rate, the interest rate at which the central bank lends money to commercial banks, for the first time since May 2020.

Union FM Nirmala Sitharaman will present the Budget for 2025-'26 on February 1. Sitharaman will present the Union Budget for the eighth consecutive time.

The FICCI survey, which gathered responses from over 150 companies, revealed that 64% of businesses expect GDP growth to range between 6.5% and 6.9% for the current fiscal year.

Maha Kumbh 2025 in Prayagraj is likely to create a significant cultural, social, and economic impact.

India is set to become the most resilient economy among the top 10 over the next three years, says the PHDCCI.