Economic Growth

Why Keir Starmer should adopt peace as an strategic economic mission

Growth alone is not a moral mission. For Keir Starmer's government, making peace - not GDP - the organising principle could align values, stability and prosperity

'India-Sweden economic corridor positioned for robust expansion'

This optimistic outlook builds on the fact that Swedish companies invested a total of $2.5 bn in India over the last six years, highlighting the expanding economic corridor between the two nations

Trade deal with India would enhance bilateral ties: US representative

A new trade deal between India and the US under President Donald Trump and Prime Minister Narendra Modi would further enhance the bilateral relationship, a top US official has said, underlining that Washington's partnership with New Delhi is critical. These remarks were made by House Foreign Affairs South and Central Asia Subcommittee Chairman Bill Huizenga on Wednesday at a subcommittee hearing titled 'The US India Strategic Partnership: Securing a Free and Open Indo-Pacific'. "The US-India relationship is no longer just important. It is a defining relationship of the 21st century. If America wants a free Indo-Pacific, resilient supply chains and a world where democracy, not authoritarianism, sets the rules, then our partnership with India is critical, Huizenga said in his opening remarks. The hearing heard from witnesses, Director of Asian Studies Centre, Heritage Foundation, Jeff Smith, Executive Director of the Observer Research Foundation America, Dhruva Jaishankar and External

ADB raises India's growth forecast by 70 bps to 7.2% on consumption boost

ADB has sharply raised India's FY26 growth forecast to 7.2% on stronger consumption post tax cuts, while inflation estimates have been lowered as prices soften and demand strengthens

ADB sharply revises upward India's GDP growth forecast to 7.2% for FY26

The Asian Development Bank (ADB) on Wednesday upped India's growth forecast for FY26 to 7.2 per cent from 6.5 per cent driven primarily by robust domestic consumption supported by recent tax cuts. The sharp upgrade of 0.7 percentage points of the Indian economy will help Asia to grow at a faster pace of 5.1 per cent as compared to earlier projection of 4.8 per cent for 2025. India's 2025 growth projection is raised to 7.2 per cent, reflecting stronger second-quarter expansion as tax cuts supported consumption, ADB's Asian Development Outlook, December 2025 said. During the second quarter ended September, India logged a six-quarter high GDP growth of 8.2 per cent as compared to 7.8 per cent recorded in the first quarter. As a result, India has achieved 8 per cent growth rate in the first half of the current financial year. The strong growth is attributable to robust expansion of the manufacturing and services sectors on the supply side and consumption and investment on the demand si

India's strong growth, tech demand brighten developing Asia prospects: ADB

Growth in 2025 is now projected at 5.1 per cent, up from the 4.8 per cent forecast in September, the ADB said in an update to its Asian Development Outlook

Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%

FY26 estimates to be revised upwards after faster-than-expected expansion

India's economic growth, social inclusion can advance together: UNDP chief

India has demonstrated that economic growth and social inclusion can advance together and it is helping translate its success stories into global lessons for a more equitable world, a top official of the UN Development Programme (UNDP) has said. The India growth story is not only about economic progress, but it is also about using technology and participatory governance to ensure that development objectives are achieved and no one is left behind, UNDP's Acting Administrator Haoliang Xu said. In an interview to PTI, Xu said India's commitment to climate adaptation, renewable energy and inclusive digital finance offers a blueprint for balancing growth with sustainability. India continues to shape "development pathways" that are both economically sound and climate-responsible, he said. The UN Under-Secretary-General and UNDP Acting Administrator was in India on a three-day visit to strengthen and identify new areas of cooperation, including in areas of digital transformation and clima

Nepal PM Karki says govt to work with pvt sector for economic upliftment

Nepalese Prime Minister Sushila Karki on Saturday said that a prosperous, peaceful and civilised country can be built only through collaboration and cooperation with the private sector, adding that good governance is the pre-requisite of any country to achieve economic growth and social justice. The entire country is gearing up for the upcoming general elections scheduled for March 5, 2026, she said while addressing the National Economic Dialogue version two organised by the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) in Kathmandu. PM Karki said that the country will move forward on the path of a sustainable democratic system through the election. Finance Minister Rameshwor Khanal assured that the government will bring a package to uplift the private sector, which was affected by the Gen Z movement. The private sector industries and businesses have suffered a loss of around NPR 88 billion due to the violent agitation. Home Minister Om Prakash Aryal said that the

UK faces tough economic choices as policymakers confront debt, inflation

The central bank held interest rates steady on Thursday, a decision that came at a time when British policymakers and lawmakers are confronting economic challenges

Pvt investment, states key to achieving Viksit Bharat goal: EAC-PM chairman

S Mahendra Dev says sustaining growth towards Viksit Bharat 2047 hinges on private investment, cooperative federalism, and inclusive, sustainable development

India's Labour Codes: Transformative step towards inclusive economic growth

If we implement with speed, transparency and collaboration, the Codes can anchor India's next growth chapter

Navigating 'we are like that only' India: Complex, curious, and delightful

Our new infrastructure is a definite physical upgrade over the old, but it seems to come with its own challenges

Growth outlook strong, trade diversifies amid US tariff tensions: Centre

India's trade performance for September 2025 showed early signs of diversification in export destinations, even as trade deal negotiations with the United States continue

Viksit Bharat through 'useful knowledge': Building a culture that values it

Can India learn from the framework of economic progress as described by Mr Mokyr? India's policymakers have no shortage of economic blueprints

Where growth comes from: Nobelists stress pragmatism and progress culture

That should be a core question for the discipline of economics, but surprisingly few Nobel Prizes have been awarded to those who ask it

India must fire on all cylinders to reach Viksit Bharat goal: IMF

Krishna Srinivasan urges structural reforms, trade liberalisation, and deeper global integration

IMF raises India's FY26 GDP growth forecast by 20 basis points to 6.6%

India, the World Bank said, is expected to remain the world's fastest-growing major economy, underpinned by continued strength in consumption growth

Uncertainty continues: IMF highlights risks beyond trade, investment

It is worth noting that tariffs are not the only uncertainty. Policy changes related to immigration, for instance, will also affect growth in both advanced and low-income countries

Mapping the themes: How Economics Nobel Prize moves with the times

Joel Mokyr, Philippe Aghion, Peter Howitt win 2025 Nobel Prize in Economics