Economy

India set for resilient growth in 2025 driven by urban consumption: S&P

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

Govt mulls bond issue for middle-class, rates could beat retail inflation

The new scheme, likely to be backed by Nabfid, aims to offer retail investors an alternative savings route to equity markets

Centre's draft farm policy looks to restore state autonomy in agri-markets

Following the repeal of the 2021 farm laws, a new policy looks to pass the baton of enacting wide-ranging agricultural reforms to states, a position that they held earlier

India to continue resilient growth, RBI may do modest rate easing: S&P

In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26

Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv

He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth

A call for transparency: Why India must not let its GDP data turn Chinese

India's GDP data faces growing scrutiny over transparency and reliability. To regain trust and ensure accuracy, a reform in statistical methods is critical to avoid pitfalls seen in China's approach

Economists react to India's new central bank chief announcement

With a new governor at the helm of the Reserve Bank of India (RBI) and a deputy governor retiring next month, the RBI's monetary policy committee (MPC) will have a new look

Govt mandates use of locally-made solar cells from 2026 to curb imports

The government plans to increase its non-fossil fuel capacity to 500 GW by 2030 from about 156 GW at present

Rupee hits record low as appointment of new RBI chief spurs dovish bets

The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week

India inflation fell in Nov likely on moderating vegetable prices: Poll

A fall in inflation will be welcomed by households in the world's most populous country, where food takes up a large chunk of budgets

Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor

Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low

FDI equity flows up 45% at $29.8 billion in H1FY25, shows govt data

Gross foreign direct investment, which includes equity capital of unincorporated bodies, reinvest earnings and other capital, saw 29 per cent rise at $42.3 billion during April-September

Money matters: States' pension bill growth slowed in FY23, says RBI report

Seven states even saw decline, says RBI's 'Handbook of Statistics on Indian States'

Fuelling growth, taming inflation to top Sanjay Malhotra's agenda at RBI

The pace of the country's economic growth moderated sharply in the second quarter ended September 2024

Change of guard: Who is Sanjay Malhotra, Centre's pick as new RBI governor?

As revenue secretary, Malhotra took key decisions, including rationalisation of capital gains tax

Six years of Shaktikanta Das's leadership as Mint Road's helmsman

It's been an eventful six year for Shaktikanta Das as Mint Road's helmsman. Here's a look at some of the significant moves during his watch

Shaktikanta Das: More hits than misses in six-year tenure as RBI governor

RBI became stronger, surer under Shaktikanta Das

Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das

Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, will take over from Shaktikanta Das, whose term comes to an end on December 10

India, Australia outline path for early conclusion of comprehensive FTA

New Delhi and Canberra discussed several critical areas of the proposed agreement, including trade in goods, services, mobility, agri-tech cooperation, among others

Retail inflation for farm workers eases to 5.96%, rural labourers to 6%

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 11 points and 10 points, respectively, in October 2024