IMF, India
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Speaking about the investment environment, the FM highlighted the role of both central and state governments in attracting foreign capital, especially with the help of a favourable FDI policy.
India is projected to add $1 trillion to its GDP every 12–18 months to 2047. With this momentum, India is targeting a $30 trillion economy by 2047.
India's top private banks saw a slowdown in profit growth. Combined net profit reached ₹43,641 crore in the June quarter. This is a 2.7% increase, lower than the previous year. Sluggish credit and deposit growth impacted performance.
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The first quarter of FY26 presents a picture of resilient domestic supply and demand fundamentals and with inflation remaining within the target range and monsoon progress on track, the domestic economy enters the second quarter of FY26 on a relatively firm footing,
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