Economic Growth

Govt extends Stand-Up India scheme till 2031, approves ₹4,111 cr corpus

Union Cabinet approves five-year extension of Stand-Up India scheme with ₹4,111 crore credit guarantee corpus, targeting financial assistance to 250,000 additional entrepreneurs

CPSEs achieve 60% of FY27 capital expenditure target in April-October

Capital expenditure by 63 CPSEs rose nearly 13 per cent to ₹5.03 trillion during April-October, with railways, highways and energy companies among the leading spenders.

No room for pessimism as India's economy continues to show resilience

India's strong economic fundamentals and normalising valuations could create an opportunity for equities to recover after two years of underperformance

Risk pricing, sound underwriting crucial to sustainable growth: RBI DG

RBI Deputy Governor Swaminathan J stressed sound underwriting, appropriate risk pricing, stable deposits and strong governance to ensure sustainable growth in banking

Companies pessimistic about economy, bullish on business: IMA India survey

IMA India's Q3FY27 survey shows business confidence falling as economic sentiment weakens, even as companies grow more optimistic about profitability, investment and hiring

India's growth seen losing momentum after strong start to fiscal year: Poll

The US-Israeli-led war with Iran has so far had limited impact on ​economic growth, but it has pushed up inflation mainly through higher energy costs

Satellite lights, Google Trends can help estimate state growth: RBI report

Combining night-time illumination and Google Trends data reduced errors in quarterly growth estimates by up to 62 per cent across three industrial states

India grows with the world, not at anyone's cost: PM Narendra Modi

Addressing the Bloomberg New Economy Forum, PM Narendra Modi stressed global cooperation, democratisation of technology and India's commitment to reforms amid uncertainty

Won't stop until India becomes developed nation by 2047, says PM Modi

Marking 25 years as a head of government, Narendra Modi sets out six goals for India and vows to continue serving the country until it becomes a developed nation by 2047.

Odisha sets up CM-EAC on lines of EAC-PM to drive $1.5 trn economy goal

Panel comprising economists, former bureaucrats and Sarvam AI co-founder will advise on growth, fiscal management and structural reforms as Odisha pursues its 2047 target

Best of BS Opinion: Durable growth is rarely built on a narrow base

Today's Best of BS Opinion weighs GCC expansion, liquor prohibition, jobs and growth, corporate India, and India's economic roadmap

Tomorrow's route map for India's economy

Eleven essays by noted economists and academics tackle questions concerning India's economy, society and polity, and explore pathways for the country to emerge from the prevailing turmoil

After Moody's, S&P, Fitch, others raise FY27 India GDP growth projections

Fitch Ratings on Wednesday raised India's GDP growth forecast for the current fiscal year to 6.9 per cent, from 6.4 per cent, citing strong economic growth in the June quarter and overall economic resilience. According to Fitch, India's economic momentum is likely to moderate over the remaining fiscal year, prompting the Reserve Bank of India (RBI) to increase interest rates by 0.25 per cent in its October monetary policy meeting. A growth rate of 7.8 per cent in the June quarter indicates that the "Indian economy has shown resilience in the face of the shock from the US-Iran war, despite the strong terms-of-trade deterioration seen in the first half of 2026," Fitch said. It said that PMI survey data point to a slower pace of expansion in both manufacturing and services; below-normal monsoon rains will weigh on growth in agriculture and rural demand; and rising inflation will constrain real incomes and consumer dynamics. "Private investment prospects look more buoyant, and we expe

Sector-specific reforms: A road less travelled

Without a rethink on the very meaning and scope of reforms, the solutions to our most important problems will remain endlessly out of reach

The GDP debate, redux

Despite govt's efforts, it remains difficult to assess whether the problems with the earlier GDP series have been adequately addressed

India's sub-optimal industrial policy

From gender bias and employment to equal pay, this book traces various policy developments and the lessons they hold for policymakers today

Best of BS Opinion: Rules that read well vs those that work

Good rules matter only when they work in practice, from regulation and governance to business and public services

India has several growth engines

At points last year, some economists reckoned that AI-related investment was adding more to American growth than all consumer spending combined

India's economic growth brings confidence, new opportunities to world: Modi

India and Belgium on Thursday agreed to significantly expand their cooperation in trade, defence, critical minerals, clean energy and technologies following Prime Minister Narendra Modi's wide-ranging talks with his Belgian counterpart Bart De Wever. In his media statement, Modi highlighted India recording a 7.8 per cent growth rate in the last quarter and said the country's economic rise was a source of confidence and new opportunities for the world. The Belgian prime minister described the conclusion of the India-European Union free trade pact as a major milestone, and said New Delhi and Brussels are building a relationship that is broad and more strategic than ever before. "Today, the world is passing through a phase of great upheaval. In many parts of the world, situations of conflict persist. Food, fuel or supply chains- uncertainty is affecting every sector," Modi said. "Even in this challenging environment, India's economy has maintained its momentum. In the last quarter, we

Beating the odds

The data from the expenditure side showed that private final consumption expenditure increased 7.1 per cent during the quarter, an improvement over the previous year but below the headline rate