India poised to become world's 4th largest economy by 2026; GDP to grow 6.8% in FY25: PHDCCI

Quick Summary:

The PHD Chamber of Commerce and Industry anticipates a GDP growth of 6.8% this fiscal year and recommends tax reforms to boost consumption.

India's economy is projected to become the fourth largest globally by 2026, surpassing Japan.

They also foresee a 25 basis point rate cut by the Reserve Bank, with inflation expected to decline significantly.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaJapan

Topics: Income tax reforms Business news PHDCCI India economy Economic projections GDP growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 19:14:30 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1055 words

Reading Time: 6 minutes read

Sentences: 27 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25175016

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 27 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions