India GDP Data Live: CEA Nageswaran Says Investment, Consumption Up As India 'Outshines' Others

Read below more breaking news update for May 30.

(Photo source: Envato)

India's economy expanded at a faster-than-expected pace in the foruth and final quarter of FY25. The gross domestic product rose 7.4%, as per data from the Ministry of Statistics and Programme Implementation.

Breaking News Live: Security Alert At Udyog Bhawan After Bomb Threat

The secretary of the Ministry of Heavy Industries received an e-mail on Friday threatening to blow up Udyog Bhawan, housing several central departments, sending the security apparatus into intense action, officials said.

(Source: PTI)

India GDP Data Live: CEA Nageswaran On FY26 Outlook

Chief Economic Adviser V. Anantha Nageswaran expressed confidence that both manufacturing and services indices are firmly in expansionary zone heading into FY26.

"E-way bill generation has picked up. Average hotel occupancy, cargo shipping growth rate better. The momentum of the economy which picked up in Q4 is moving into new FY as well," he said.

Breaking News Live: Fiscal Deficit Data

The Union government's fiscal deficit reached 11.9% of the budgeted target by April for fiscal 2026, according to the Controller General of Accounts.

The fiscal deficit was Rs 1.86 lakh crore, as per data released on Friday. The revenue deficit was 9.4% of fiscal target at Rs 49,000 crore.

Also Read: India's April Fiscal Deficit Reaches 11.9% Of FY26 Target; FY25 Projection Met

India GDP Data Live: CEA Nageswaran Says Investment, Consumption Up

Chief Economic Adviser V. Anantha Nageswaran said the provisional estimate for India's GDP is in line with the second advanced estimate and the country still outshines large economies.

"The nominal growth is 9.8% for the full year. There is fairly robust domestic demand. Private consumption share highest in two decades. The capital formation is very steady at 30%," he said.

India GDP Data Live: CEA Nageswaran To Address Media At 5 PM

Breaking News Live: India Q4 GDP Growth At 7.4%

India's economy expanded at a faster-than-expected pace in the foruth and final quarter of FY25. The gross domestic product rose 7.4%, as per data from the Ministry of Statistics and Programme Implementation.

For the full year, GDP is estimated to have grown by 6.5%, which is the same as compared to the second advance estimate of 6.5%—the lowest in four years.

GDP was estimated to grow by 6.8% in the fourth quarter, according to economists polled by Bloomberg. GVA growth was pegged at 6.4%.

Also Read: India's Q4 GDP Growth At Four-Quarter High Of 7.4%; GVA Grows 6.8%

Breaking News Live: Stock Markets End Lower

Indian stock markets ended lower with both benchmark Sensex and Nifty 50 closing in red on Friday, marking the second week of losses. This comes ahead of the fourth quarter GDP data which will be released at 4:00 p.m.

Also Read: Stocks To Watch Today: Bajaj Auto, Suzlon Energy, Mazagon Dock, Castrol India, Ola Electric

Breaking News Live: NEET PG To Be Held In One Shift Only

The Supreme Court on Friday directed the National Board of Examination not to hold NEET-PG 2025 in two shifts, observing that such an exam will create arbitrariness.

Breaking News Live: PM Modi Meets 14-Year Old IPL Cricketer Vaibhav Suryavanshi

PM Narendra Modi meets 14-year-old IPL cricketer Vaibhav Suryavanshi and his family on Friday.

"At Patna airport, met the young cricketing sensation Vaibhav Suryavanshi and his family. His cricketing skills are being admired all over the nation! My best wishes to him for his future endeavours," he tweeted.

Breaking News Live: First Batch Of 17 Women Cadets Graduate Alongside 300 Male Peers

In a historic milestone, the first batch of 17 women cadets on Friday graduated from the Pune-based National Defence Academy (NDA), alongside over 300 male counterparts, marking the passing out of its first co-ed batch.

Read the full article here.

Breaking News Live: Amit Shah Address A Rally At Jammu and Kashmir's Poonch

"When Pakistan attacked our civilians, Indian Armed Forces gave a befitting reply, and destroyed nine of their airbases. Because of this, Pakistan came up with ceasefire proposal," said Union Minister Amit Shah at a rally at Jammu and Kashmir's Poonch on Friday.

Breaking News Live: PM Modi In Bihar

Addressing a rally in Bihar, Prime Minister Narendra Modi said, "I salute BSF sub-inspector Mohammed Imtiaz, who was killed in Pakistani firing in Jammu and Kashmir."

Source: PTI

Breaking News Live: Rajnath Singh After Visiting INS Vikrant

After visiting INS Vikrant on Friday, Defence Minister Rajnath Singh in apost on X stated, "I congratulate all of you on the success of Operation Sindoor.

It further said, "When India launched 'Operation Sindoor' after the cowardly terror attack in Pahalgam, the speed, depth and clarity with which our armed forces acted was amazing. It sent a clear message not only to the terrorists but also to their patrons that India no longer tolerates, India now gives a befitting reply"

Breaking News Live: ED Deputy Director Arrested 

The CBI has arrested a deputy director of the Enforcement Directorate in Odisha for allegedly taking a Rs 20 lakh bribe from a Bhubaneswar based businessman, officials said Friday.

(Source: PTI)

Breaking News Live: PM Modi Visits Bihar

Prime Minister Narendra Modi is in Bihar today marking his third visit to the poll bound state this year. Modi is set to launch projects worth 50,000 crore in the state, as reported by NDTV

Breaking News Live: Rajnath Singh Visits INS Vikrant 

Defence Minister Rajnath Singh is on board INS Vikrant, India'sfirst indigenous aircraft carrier in Goa after Operation Sindoor. The carrier was deployed in the Arabian Sea during OP Sindoor.

News Live Update: Shashi Tharoor 'Disappointed', Says...

Shashi Tharoor, along with a delegation comprising of MPs, is in Colombia as part of the government's global outreach to to convey India's strong resolve to fight terrorism. "We were a little disappointed in the reaction of the Colombian government, which apparently expressed heartfelt condolences on the loss of lives in Pakistan after the Indian strikes, rather than sympathising with the victims of terrorism," he said.

News Live Update: Netflix Down, Thousands Face Outage

Thousands of users were unable to access Netflix early today as the OTT streaming service faced an outage.

Read more about it here

Breaking News Live: DFS On RBI's Draft Gold Loan Norms

Department Of Financial Services said in a post on X

  • Examined RBI’s draft guidelines on gold lending

  • Suggested to RBI that small gold loan borrowers should not be adversely affected

  • Guidelines should be implemented by Jan 1, 2026 only

  • Small borrowers upto Rs 2 lakh maybe excluded from norms

Breaking News Live: Salman Khurshid Says Prosperity J&K After 370 Abrogation

Congress leader Salman Khurshid during an interaction with a delegation in Indonesia said there is prosperity in the valley after 370 abrogation and that as put an end to separatism, NDTV reported.

Breaking News Live: Benchmark Indices Open Flat

Benchmark indices Sensex and Nifty 50 opened flat on Friday. Nifty 50 was up 0.05% and Sensex was up 0.01%.

News Live Update: PM Modi In Bihar

Prime Minister Narendra Modi will inaugurate and lay foundation stone of multiple development projects worth over Rs 48,520 crore in Bihar's Karakat on Friday

News Live Update: Army Chief Checks Operational Readiness 

Army Chief Gen Upendra Dwivedi on Thursday visited the White Knight Corps and assessed the operational readiness of the troops along the border, PTI reported.

He was briefed by the GOC, White Knight Corps, on the prevailing security situation and the operational dynamics along the borders.

News Live Update: Home Minister Directs Security Vigilance

The government will leave no stone unturned to provide all required facilities to the Amarnath pilgrims, Union Home Minister Amit Shah said, as he directed security forces to maintain utmost vigilance and ensure seamless completion of the annual pilgrimage.

(Source: PTI)

News Live Update: Trump Tariffs To Stay

A federal appeals court temporarily reinstated US President Donald Trump's tariffs on Thursday, a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

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WRITTEN BY
Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
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