In global uncertainty and weak domestic demand of the agency, the growth of gross domestic product (GDP) in India for 2025-26 reduces. Meanwhile, the report from the inspections and the General Auditor (CAG) found discrepancies in the center of the center and Jagdeep Dhankhar resigned as the vice president of India.
Growth
The Asian Development Bank (ADB) published its latest estimates for GDP projection in India and reduced the growth prognosis to 2025-26 to 6.5% compared to an earlier estimate of 6.7% of April. Revision of the mines reflects the negative impact of American tariffs and weakened demand and investment climate. Evaluation and research in India reduced their projections even lower to 6.3%, which reduced 30 basis points from an earlier estimate. As a result, GDP growth is estimated to be 6.2-6.5% in 2025-26 by all major agencies.
Export dependence
India exported electronic goods worth $ 40.9 billion in the years 2024-25, but imported $ 102.6 billion, making it a pure importer of a huge margin. The amintanalysis of business data shows that electronics exports are highly concentrated, with the US representing 37.3% of total exports, which significantly increased from approximately 14% in 2010-11. Other highest destinations include SAE, the Netherlands, the United Kingdom and Italy, but their shares remain modest to 4.8-9% in 2024-25, which has been low growth over the last 15 years despite export pressure in India.
Fiscal
£21.3 trillion: This is unrealized tax revenues for 2022-23, which means an increase £5.47 trillion from the previous year, MingPort, quoted the latest CAG report presented in parliament. The audit report emphasizes the gaps in the transparency and consistency of data on compliance with the Fiscal Liability and Budget Management Act (FRBM). The message noted that there was an inconsistency £18,000 crore in the fiscal deficit between the Union Government Finance (UGFA) accounts for 2022-23 and the budget at first glance (bag) for 2024-25.
Sudden resignation
In the middle of the ongoing monsoon meeting, vice -president Jagdeep Dhankhar offered his resignation to the president and quoted medical reasons and shortened his term, which was scheduled for August 2027. He was 14. With a sudden resignation, Dhankhar became one of the three vice -presidents he left in the middle of the period. With holding for two years and 344 days, its presidency is also the third shortest in the history of independent India.
Investors’ sale
After three months of influx of funds, foreign investors have transformed net sellers for most of July due to the tension of trade in India and mixed corporate financial results, PTI said. According to the latest NSDL data, investors of foreign portfolio (FPI) have pulled out £4,508 crore from shares this month (within July 24). It follows a pure tide £14 590 crore in June, £19 860 crore in May and £4 223 crore in April. Previously FPI withdrew £3 973 Crore in March, £34 574 crore in February and £78 027 crore in January.
Domestic
£60 681 crore: This is Forex savings from almost 8% of the year-on-year decline in coal imports during 2024-25, the Ministry of Coal said this week. In 2024-25, India imported 243.62 million tonnes of coal, out of 264.53 million tonnes in 2023-24, resulting in a reduction in Forex, coal and G. Kishan Reddy. This decline in imports comes with increasing domestic coal production, which in 2024-25 increased by 5% to 1.05 billion tonnes.
Cost
Indian societies have surpassed the persistent weakness in demand because profits have increased at at least five quarters analysis. Among 182 companies that announced their first quarter results by 2025-26, total income increased by 5.4%year-on-year, but net profits jumped by 23%, as the cost of raw materials dropped by 14%-the four-year decreases. With the exception of BFSI, net profits have increased almost 40% of the previous year.
Graph of the Week: Digital Revolution
Mobile phones have proven to be a growing investment tool for retail investors, which, according to BSE data, represents more than a quarter of monthly transactions since April 2024. This represents a dramatic increase in only 5% in June 2019 and 10% in June 2020.
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(Tagstotranslate) Foreign investors
