Reserve Bank of India (RBI) Governor Shaktikanta Das offered a cautiously optimistic view of the Indian economy amidst mixed signals surrounding festival season demand.

Optimism Prevails: RBI Governor Shaktikanta Das on India's economic outlook

India’s economy is poised for significant growth, with real Gross Domestic Product (GDP) projected to rise by 7.2 per cent in the fiscal year 2024-25, according to Union Finance Minister Nirmala Sitharaman as explained in a report by the Press Trust of India.

FM Nirmala Sitharaman projects 7.2% GDP growth for India in FY25

Growth in India's business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a survey that also showed job creation rose at the fastest pace since February 2006 as detailed in a report by Reuters.

India's business activity accelerates in October, PMI reports

Finance Minister Nirmala Sitharaman on October 21 said India is poised to continue its growth trajectory and is likely to become the world's third-largest economy by 2027.

India likely to be world's 3rd-largest economy by 2027: FM Nirmala Sitharaman