Economic Policy

Indians prefer saving over spending. But for this to happen naturally, it requires more than calls to save fuel or work from home

Former chief economic adviser Ashok Lahiri assumed charge as NITI Aayog vice-chairperson amid a major overhaul of the government policy think tank

An immediate instinct is to turn inwards and seek self-reliance. But the world, and certainly India, is too dependent on other countries for that to be an effective strategy

Budget must prioritise divestment to create fiscal space to tackle unexpected shocks and support critical sectors including health and education

The architecture of a new industrial era is being shaped by sustained political leadership and long-term institutional thinking

With inflation easing, tax revenues rising and major FTAs taking effect, India's economy held firm in 2025 even as US tariffs and global slowdown fears weighed on trade

The government has also succeeded in conveying a message that it is sharply focused on reforms that improve the ease of doing business

Populists, whether from the left or the right, have a greater penchant for autarchic policies that restrict trade and view the world through a mercantilist zero-sum perspective

To ensure the 56th GST Council is remembered as the most transformative since 2017, the proposed changes must be implemented in spirit, and what must happen next for promises to become policy

Here's how analysts leading brokerages assess the impact of the GST rate rejig on the Indian economy, bond markets and the possibility of an aggressive interest rate cut by the Reserve Bank of India

Amid global disruptions and macroeconomic uncertainties, India's economic resilience and forward-looking policies are creating a more favourable landscape for consumption-driven sectors like automobiles and such steps are expected to support automotive demand recovery in the near to mid-term, according to Hyundai Motor India Ltd Managing Director Unsoo Kim. Hyundai Motor India Ltd (HMIL) is also evaluating the introduction of Genesis, Hyundai's global luxury marque, in the Indian market. In his address to shareholders in the company's annual report for 2024-25, Kim said the company expects "domestic sales growth to be broadly in line with industry estimates of low-single digit" and 7-8 per cent volume growth in exports in 2025-26. "Global disruptions, macroeconomic uncertainties, and a high base effect continue to pose challenges across the automotive industry. Yet, India's economic resilience and forward-looking policies, including repo rate cuts and income tax relief, are now ...

The India-UK trade deal is a balanced and comprehensive agreement expected to create millions of jobs and open vast opportunities for bilateral trade and investment, benefiting both nations

Congress chief Mallikarjun Kharge on Thursday referred to the 1991 landmark liberalisation budget to say India urgently needed an impactful second-generation economic reforms, but an "inherent inertia" has set in the Narendra Modi government in the past 11 years. He alleged that due to the "disastrous economic policies" of the Modi dispensation, "which lacks both vision and action", the economy is reeling at a sub-par growth rate. "Inequality has widened, wage growth has miserably stagnated, household savings are getting depleted, youth do not have jobs, the middle class and poor are being robbed to help cronies, and we are facing a trade war, which would hurt both our agriculture and manufacturing sectors," Kharge alleged. "Thanks to the disastrous economic policies of the Modi government, which lacks both vision and action," he said. On the 34th anniversary of the presentation of the budget by then finance minister Manmohan Singh that ushered in economic liberalisation, Kharge sa

There are dozens of issues that slow our growth far below potential. They don't need a grand vision, but they urgently need attention if India is to grow at over 8 per cent

The gap between the GDP and individual prosperity is striking, especially when compared with other major economies

India, Paraguay to explore expanding India-Mercosur PTA

Seth said the country needs to ramp up investments and productivity from all factors of production

On tariffs, prognosticators are struggling to understand the logic and legal basis behind Trump's so-called "reciprocal tariff" plan set for April 2

Sitharaman's comments came in the backdrop of the government's target of bringing down the debt-to-GDP ratio to 50 per cent by 2030, from the current 57 per cent

The chronological approach-from the time of the historical Buddha to the present moment with a Bharatiya Janata Party-run government at the Centre-makes the book easy to follow