Page 6 - Economy & Policy News

PM Narendra Modi talks Strait of Hormuz, seafarer safety at SCO meet

PM calls for an end to the Russia-Ukraine conflict and freedom of navigation in the Strait of Hormuz as SCO leaders discuss stronger regional trade and connectivity

Centre spends 37% of capital expenditure target in four months

Capital spending rose 30 per cent year-on-year to Rs 4.51 trillion in April-July, while the fiscal deficit fell nearly 3 per cent to Rs 4.55 trillion

India's GDP grows 7.8% in Q1FY27 despite disruptions from West Asia crisis

Investment, consumption spearhead strong uptick despite West Asia crisis effects

Bhupendra Patel invites global, domestic investors to participate in VGGS

Gujarat highlights opportunities in semiconductors, green energy, data centres and manufacturing as it gears up for the 11th Vibrant Gujarat Global Summit in January 2027

India's floating solar plan: Strategic clean-energy move or risky bet?

India's PM-SSY targets 5 GW of floating solar capacity with two-hour storage and Rs 28,500 crore of investment, but high costs, viability concerns and technical risks could impede scale-up.

Investment demand drives growth in Q1FY27, consumption loses momentum

Gross fixed capital formation growth accelerated to 11.9 per cent in Q1FY27, while private consumption growth slowed to 7.1 per cent from 7.5 per cent in Q4FY26

Datanomics: Subsidies weigh on GDP growth despite strong GVA expansion

India's GDP grew 7.8% in Q1FY27, below 8.2% GVA growth as subsidies restrained net indirect tax growth, widening the gap between the two measures

Reaping benefits of reforms in very uncertain global environment: CEA

CEA V Anantha Nageswaran says strong manufacturing, services and exports underscore India's economic resilience despite global uncertainty and energy risks

Investments by PE/VC funds jump to $4.1 billion in July: Report

Private equity and venture capital funds' investments in India increased 3 per cent year-on-year to USD 4.1 billion in July, as per a report released on Monday.

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

Reforms, agile economic management bearing fruit: FM on 7.8% Q1 GDP growth

Nirmala Sitharaman said the reforms undertaken by the NDA government, together with an agile management of the economy, are bearing results, with real GDP growth coming in at 7.8% in April-June

India bloomed, doomsayers doomed: PM Modi on 7.8% GDP growth in Q1

The prime minister said that India's exemplary GDP growth during Q1 of FY 2026-27 is a "herculean feat"

From BoP crisis to record reserves, RBI's forex strategy pays dividends

That swing has been made possible by a shift in forex management policy that was forged in the fire of the balance-of-payments crisis of 1991

NIIF raises ₹19,000 crore in first close of second infrastructure fund

The first close, anchored by the Government of India and backed by global and domestic institutional investors, surpasses 60 per cent of the fund's target size

Why India may revive 'Most-Favoured-Nation' rule in bilateral treaties

India dropped the MFN clause from its 2016 Model BIT after an investment dispute raised concerns over its broad use. Now, a limited MFN rule is reportedly under consideration

India faces crude squeeze as Russian, West Asian supplies tighten

Russian crude oil supplies to India, which set records in June and July at nearly 55 per cent of the country's total imports and bailed out Indian refiners, are under threat while West Asian supplies

India state fiscal health: Punjab has highest interest burden in FY25

The Business Standard's India State Fiscal Health Tracker is based on the RBI's 2025 Handbook of Statistics on Indian States and compares states and UTs across eight separate fiscal indicators

India state fiscal health: Delhi, Arunachal mark extremes of debt burden

Delhi has the lowest debt burden among states and Union Territories, while Arunachal Pradesh has the highest, based on FY25 Budget Estimates

India state fiscal health: Manipur leads capital outlay ranking in FY25

Business Standard's State Fiscal Health Tracker compares states and Union Territories on capital outlay as a share of total expenditure. Here's what the FY25 Budget Estimates show

India state fiscal health: Arunachal logs highest revenue surplus in FY25

Business Standard's State Fiscal Health Tracker compares states and Union Territories on revenue deficit as a share of GSDP. Here's what the FY25 Budget Estimates show