India Economy

Private sector project announcements jumped over 70% in Q1FY27, led by power projects, even as government capex plans more than halved amid fiscal pressures

Falling oil prices offer India short-term relief, but the RBI warns that geopolitical tensions and shifting global capital flows continue to pose financial stability risks

Extended Strait of Hormuz disruption could fuel inflation, weaken the rupee, widen the current account deficit and crowd out private investment, says report

India remains the world's fastest-growing major economy despite a challenging global environment, and sustaining high growth will require continued reforms, investments and execution, HUL Chairman Nitin Paranjpe said on Tuesday. Addressing shareholders at the 93rd AGM, India has demonstrated "structural resilience" at a time when global economies are grappling with geopolitical conflicts, climate volatility, tightening financial conditions and shifting consumer behaviour. "While growth expectations have moderated, India continues to be the fastest-growing major economy," he said. India's long-term growth prospects are supported by "three drivers", which are favourable demographics, digital public infrastructure and a proactive policy environment. According to Paranjpe, India's young population can become a force multiplier for consumption, productivity and innovation, while the country's digital public infrastructure has created a unique foundation for commerce, credit and financia

India is building a first-of-its-kind AI-powered platform for official economic statistics. The Ministry of Statistics and Programme Implementation (Mospi) is developing a Common Data Platform

India's policy week was marked by US trade talks, weak core output, stronger FDI, coal-import substitution and a faster disinvestment push

Governor Sanjay Malhotra says investor-friendly measures are being rolled out as India seeks inclusion in Bloomberg's Aggregate Bond Index

India's path to becoming a high-income economy hinges on building strong, accountable institutions that can harness demographic, energy and AI opportunities

Falling crude prices and US-Iran talks have eased pressure on the rupee, but RBI may continue building forex buffers amid global and domestic uncertainties

Coal output contracted 9.3 per cent in May, marking a 10-month low, while growth in petroleum refinery products slumped to a 42- month low of -8.7 per cent

Corporate order inflows hit a 13-month low in May as weak demand, geopolitical tensions and cautious private investment weigh on project awards

A pause in West Asia hostilities offers relief on energy, freight and trade costs, but India must stay alert as the US-Iran understanding remains fragile

Australian Prime Minister Anthony Albanese on Thursday said he looked forward to hosting PM Narendra Modi again soon, while describing India's growing economic importance

India's macro picture stayed broadly resilient this week, but higher fuel and food prices, global uncertainty, and policy adjustments kept pressure on households and companies

The Bank also cut its estimates for global economic growth to 2.5 per cent due to the West Asia crisis; India seen growing at 6.6 per cent in FY27 and 7.2 per cent in FY28

PM Narendra Modi’s unusual appeal asking Indians to avoid buying gold for a year has sparked concern and debate. Is India facing economic stress?

RBI's policy hold and India's stronger-than-expected GDP growth anchored a week marked by firm PMIs, fuel-price risks, trade talks and fresh Cabinet approvals

PM Modi said India has remained resilient through global crises, highlighting self-reliance, energy security and infrastructure-led growth

India's GDP rose to ₹346.36 trillion in FY26, but rupee depreciation against the US dollar kept the country behind the UK and Japan in global economic rankings

Thomas Piketty says rich nations must curb growth and cut fossil-fuel use if countries like India are to achieve developed-world living standards by 2100