India's GDP Growth Hits 7.4% in Q4 FY25, Highest in Four Quarters; Annual Growth at 6.5%
In the last quarter of FY25, India's economy saw strong growth, with GDP growing by 7.4%, the fastest quarterly growth in the previous year. Despite global challenges, the economy grew steadily, with full-year GDP growth of 6.5%, according to official data released on Friday.
Resilience in the services sector, robust domestic demand, and a manufacturing recovery propelled the fourth-quarter results. This strengthens India's standing as one of the world's major economies with the quickest rate of growth and represents a notable increase over prior quarters.
Economists attribute the growth boom to increased capital expenditures, policy-driven infrastructure expansion, and improved rural demand. The government's focus on Aatmanirbhar Bharat and production-linked incentive (PLI) programs has also helped to boost industrial output and employment.
The data indicates a favourable prognosis for FY26, with analysts anticipating further momentum if macroeconomic stability is maintained, despite concerns about inflation and geopolitical risks.
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6 hours ago
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From red to black: India's top automakers see EV business turning around
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Time of India
11 hours ago
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‘UP emerges as backbone of India's defence sector'
Lucknow: Crediting the Modi-Yogi leadership for transforming the state into a hub of military manufacturing and exports, Sarojininagar MLA Rajeshwar Singh on Sunday said that Uttar Pradesh is emerging as the backbone of India's defence sector. Sharing insights on platform X, Singh said, "From rifles to rockets, UP is forging India's defence future. Our state is now a symbol of self-reliance, innovation, and global impact." The state hosts seven ordnance factories, three HAL units, and two Indo-Russian ventures — the AK-203 rifle unit in Amethi and the BrahMos missile facility in Lucknow. Six Defence Corridor nodes, three testing beds, South Asia's largest arms complex (Adani Defence, Kanpur), and the country's first strategic materials complex (PTC Industries, Lucknow) further underline UP's strategic importance. Global players like MKU Limited and Lohia Aerospace from Kanpur export to over 100 countries, reinforcing UP's position in the international defence supply chain. Singh hailed this as a hallmark of Aatmanirbhar Bharat , saying, "Under PM Modi and CM Yogi, UP is not only securing India but also generating jobs, driving innovation, and placing the state on the global defence map."
