India Economy

As global order frays and the US turns inward, India's Republic Day optics underline a strategic pivot towards Europe and faster reforms at home

A stable policy environment and a predictable, reform-oriented investment climate have ensured India's emergence as the world's fastest-growing major economy in recent times, Consul General in Shanghai Pratik Mathur said on Friday. Speaking at the 11th Edition of the Shanghai International Business Cooperation Forum, Mathur highlighted initiatives like Make in India and Digital India as important drivers of New Delhi's rise through the global rankings, the Consulate said in a post on X. He spoke at length about the increasing global interest in the upcoming AI Impact Summit 2026, which India will host on February 19-20, focusing on the principles of 'People, Planet, and Progress'. Mathur also spoke about India's Global South-oriented, people-centric, and inclusive AI policies, such as Bhashini, which have boosted the nation's ability to foster the world's largest startup ecosystem, with over 100,000 startups. The government's Bhashini AI platform allows translation of text, numbers

India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal

A review of FY26 state Budget speeches shows wide variation in how Indian states plan to adopt AI and how little most are willing to spend on it

Assam has emerged as India's fastest-growing state economy over five years, but a low base, fiscal pressures and social challenges temper the headline growth story

What is often framed as flexible employment increasingly resembles regular work, raising questions around hours, pay and working conditions

Markets look calm, but five forces-rising debt, slowing revenues, weak savings, geopolitics and populism-signal a tougher growth phase for India

India's economy is growing faster than peers, but a weakening rupee may delay its move past Japan to become the world's fourth-largest in dollar terms

State's ambition to be a $1 trn economy is driven by various industries

Knowledge is the most powerful tool for India to become a USD 5 trillion economy and the third largest economy in the world, Union Minister Nitin Gadkari said on Monday. Speaking at an event in the Indian Institute of Technology Bombay, he said the future of any country is based on the type of futuristic technology it possesses. "The IITs and its students have have a great contribution towards the country's development and progress. While working in the government, if we face any challenge, we refer it to the IITs first. The credibility of IITs is so good that the solution we get is widely accepted. In a nutshell, you are the capital of knowledge," the Union minister said. "The progress of the country, resources, technologies are important but what is more important is the futuristic technology and knowledge. The future of any country is based on what type of futuristic technology it possesses," he added. Prime Minister Narendra Modi has put forth a target in the form of a mission

The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation

The challenge is not reversal but recalibration: India must redesign its external strategy even as domestic engines stay strong

India is "in a sweet spot" to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on the back of strong macro fundamentals and ongoing reforms, new FICCI President Anant Goenka said on Tuesday. Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time. To make sure that happens, the chamber has outlined priorities such as increasing R&D spending from 0.7 per cent to over one per cent of GDP; strengthening industry-academia partnerships, supporting the government's efforts to further promote ease of doing business, trade and supply chain security, and enhancing manufacturing excellence which includes focus on quality, women in the workforce, and adopting sustainable practices. "I think GDP should be 7 plus kind of level (during 2025-26). After all the changes that have happened with respect to the income ...

India's strong GDP growth masks a deeper disconnect: muted revenues, weak private capex, and demand constraints that leave corporate performance trailing headline numbers

Finance Minister Nirmala Sitharaman highlights global challenges, stresses infrastructure push, reform measures, and technology-led growth to boost investment and productivity

Policy hurdles, high royalties and red tape keeping global explorers away, warns report

As global markets grapple with persistent geopolitical uncertainties, inflationary pressures, and monetary policy shifts, experts at the Business Standard BFSI Insight Summit 2025

Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI)

India’s economy is performing better than expected and is likely to post growth north of 6.7 per cent in the current financial year, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday

The IMF released its revised projections following the effects of US tariffs across various economies and the subsequent deals made between countries amid growing uncertainty