Friday, August 07
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025–26 in the Lok Sabha on Thursday, a day after the Budget Session of Parliament began. Prepared by the Economic Division of the Department of Economic Affairs under the supervision of Chief Economic Adviser V Anantha Nageswaran, the Survey offers the government’s official assessment of the state of the economy and an outlook for the coming fiscal year.As in previous years, the Survey focuses on growth drivers, fiscal and external sector stability, inflation trends, employment, and the pace of structural reforms.Key takeaways from Economic Survery 2025-56➤ India’s growth momentum remains strong, with full-year real GDP growth expected in the range of 6.8 to 7.2 per cent in 2026-27, a tad lower than 7.4 per cent
As India prepares for the Union Budget 2026, economists and market experts are weighing in on the country’s macroeconomic performance and the challenges ahead. Swaminathan Aiyar and Pranjul Bhandari recently discussed the outlook for growth, investment, and policy priorities in the coming year.A Year of Unexpected GrowthSwaminathan Aiyar noted that 2025 defied many expectations. “This is a year which was very unexpected. One year ago, Trump was coming. There were all kinds of disruptions that were anticipated. Many people said there is going to be a recession globally. Everything is going to go to hell. What has happened? At this particular year, it has been a year of unexpectedly fast growth in India, 7.5%; very low inflation, below 2%. The RBI governor has called this a Goldilocks ye
India’s defence sector is poised for an expansionary phase in the coming fiscal year, as analysts and industry experts anticipate a significant increase in government spending. With FY27 budget proposals hinting at a potential 20% to 25% rise in defence allocations, the industry outlook remains structurally positive.Jyoti Gupta, from Nirmal Bang Institutional in an interview to ET Now, highlighted the growth trajectory, noting, “So, well 20% to 25%, it is a bit high, but yes, the outlook looks remain expansionary with FY26 allocations of around 6.8 trillion, which is around 9.5%. We expect forming the base for an expected increase of 10% to 15%. 20-25% would be a great number and as spending trends towards around 2% of the GDP amid heightened geopolitical risk, in fact capital outlay w
Toyota Motor sold a record 11.3 million vehicles globally in 2025, the company said on Thursday, retaining its crown as the world's top-selling automaker for a sixth consecutive year.Global group sales rose 4.6% from a year earlier, including the parent company's Toyota and Lexus brand vehicles as well as those sold by small-car unit Daihatsu and truck maker Hino Motors.Second-ranked German rival Volkswagen Group reported this month that unit sales fell 0.5% last year to just under 9 million vehicles, as it seeks to cut costs at home and contend with intense competition in China.Toyota's growth was driven mainly by sales in the U.S. and Japan, which together accounted for more than two-fifths of the parent company's sales.Toyota and Lexus brand vehicle s
