Economic Growth

Beating the odds

The data from the expenditure side showed that private final consumption expenditure increased 7.1 per cent during the quarter, an improvement over the previous year but below the headline rate

Updated On: 31 Aug 2026 | 10:00 PM IST

Centre's FY27 fiscal deficit touches 26.8% of full year target at end July

In absolute terms, the fiscal deficit, or gap between the government's expenditure and revenue, was Rs 4,55,144 crore in the April-July period of the 2026-27 fiscal year

Updated On: 31 Aug 2026 | 6:12 PM IST

Alternative pathways to more jobs

New markets and stronger demand from lower-income households can drive productive employment

Updated On: 27 Aug 2026 | 9:45 PM IST

Bombay Club fears were misplaced; family biz raked it in after reforms

Family-owned companies accounted for 72 per cent of the combined revenues of listed firms in FY26, up from 50 per cent in FY01

Updated On: 26 Aug 2026 | 9:23 PM IST

Best of BS Opinion: Building stronger foundations for durable growth

Durable growth depends not just on expansion but on stronger foundations across telecom, education, energy, skilling and institutions

Updated On: 25 Aug 2026 | 6:15 AM IST

China unveils new measures to boost consumption in counties, smaller cities

China on Tuesday rolled out a series of measures to boost consumption in its counties and smaller cities to revive sluggish domestic demand, which has become a major source of its economic slowdown. The measures herald a policy shift to boost domestic demand from top cities and tap the potential of vast lower-tier markets as a new source of economic growth, an official announcement here said. The government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and local fairs. It includes encouraging domestic and international brands to open regional debut stores and promote the revitalisation of existing land resources to improve services, according to the guideline issued by the Ministry of Commerce. The lower-tier markets, generally referring to third-tier and smaller cities, counties, townships and rural areas, account for about 70 per cent of China's population and 60 per cent of total retail sales of consumer ...

Updated On: 18 Aug 2026 | 5:34 PM IST

Judging the RBI by the wrong rule

Has the RBI been biased toward tight monetary policy, or is its rate-setting framework flawed?

Updated On: 17 Aug 2026 | 10:10 PM IST

1991 reforms demonstrated confidence that we could compete: Rakesh Mohan

Rakesh Mohan talks about the trajectory of India's economic development, why the reforms could be pulled off as quickly as they were, and what India can do now to boost manufacturing

Updated On: 16 Aug 2026 | 11:30 PM IST

Renewed reform push: India must speed up its growth to meet challenges

To assuage the anxieties of the youth and children, the country must broaden the avenues for gainful employment available to them and reduce the unemployment rate among graduates

Updated On: 16 Aug 2026 | 10:48 PM IST

India finds favour in Europe; America remains sceptical: Pew survey

Pew Research Center survey across 36 countries shows India's global image tilting slightly positive, with sentiment improving across several European countries

Updated On: 14 Aug 2026 | 10:38 PM IST

Reforms@35: India grew nine-fold, but its Asian peers grew faster

In 1991, five years into the Doi Moi reforms, Vietnam's per capita income was $141, less than half of India's. Today it is $4,829, nearly twice that of India

Updated On: 14 Aug 2026 | 6:35 PM IST

Reforms for higher growth: India must capitalise on international trade

India needs faster tariff cuts, deeper trade integration and stronger investment treaties to boost exports, attract FDI and sustain the high growth needed to become a developed economy

Updated On: 09 Aug 2026 | 11:13 PM IST

Prosperity: The visible hand of leadership in driving sustained growth

Economic theories explain growth through capital, technology and institutions, but leadership may be the missing force that turns sound policies into sustained prosperity

Updated On: 09 Aug 2026 | 11:02 PM IST

1991 marked a paradigm shift in industrial, trade policy: Jairam Ramesh

Jairam Ramesh says the 1991 reforms transformed India's economy, but reviving private investment is now the country's biggest economic policy challenge

Updated On: 04 Aug 2026 | 11:48 PM IST

Reforming the law for land: State capacity, productivity and growth

Unlocking factors of production - land, labour and capital - is crucial for growth in an AI-driven economy. Reducing administrative frictions in land markets will attract investments

Updated On: 31 Jul 2026 | 6:10 AM IST

US GDP grows less-than-expected at 1.5% despite strong consumer spending

US economic growth slowed to 1.5% in the second quarter as weaker net exports offset robust consumer spending and strong AI-led business investment

Updated On: 30 Jul 2026 | 7:01 PM IST

Ageing challenge & opportunity: How active seniors can fuel economic growth

Senior living facilities are coming up in almost all the big cities of India, with Pune and Coimbatore having taken an early lead

Updated On: 28 Jul 2026 | 10:12 PM IST

Green taxonomy urgently needs green capital for India's net-zero ambitions

India's Climate Finance Taxonomy can define green activities, but affordable capital for MSMEs will determine whether the country's green transition succeeds

Updated On: 26 Jul 2026 | 9:51 PM IST

Half a lifetime after the 1991 reforms: Lotuses bloom in muddy waters

Thirty-five years after the 1991 reforms, India has grown dramatically but unfinished reforms, weak public services and job creation remain major challenges T N Ninan

Updated On: 24 Jul 2026 | 1:57 PM IST

Improving investment climate: Reforms at the state level can drive growth

NITI Aayog's investment index highlights wide disparities among states, underscoring the need for governance reforms, stronger institutions and balanced regional growth

Updated On: 22 Jul 2026 | 10:10 PM IST