Page 2 - Economic Growth

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

State-level race in per capita income: Tracking shifts in NSDP rankings

Every state in the East, comprising Bihar, Jharkhand, Odisha, and West Bengal, lost its ranking. West Bengal mirrored Punjab in sliding 13 positions

Why 'creative destruction' defines this year's Economics Nobel Prize

They won the prize for explaining the Innovation-driven economic growth, which is a theory that states that a nation's long-term growth depends on its ability to innovate

AI is reshaping the economy: Can India's education system keep pace?

India doesn't just need a workforce trained in AI - it needs a generation ready to think with AI

India's urban crisis demands urgent and coordinated city governance

From clogged drains to toxic air, India's cities face rising threats. Smarter planning and citizen engagement are key to recovery

Countries that maintain more openness will grow more: Anne Krueger

The position of any country, including India, will depend on what they do and how they react to geopolitical uncertainties

Unlocking 8% GDP growth: Why India must embrace global debt capital markets

The real question is no longer whether India can afford to rely on foreign capital, but whether it can afford not to

India must shape global outcomes, not remain passive spectator: Sitharaman

'Very foundation of the global order is shifting beneath our feet,' says Finance Minister

ADB lowers FY27 India growth forecast to 6.5% citing US tariff impact

The Asian Development Bank lowered India's FY26 growth projection to 6.5% from 6.7%, citing steep US tariffs that could hit exports, manufacturing and investment in key sectors

Indian economy to grow at 6.5% in FY26, US tariffs to weigh on exports: ADB

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday. It is to be noted that the Asian Development Outlook (ADO) of the Asian Development Bank (ADB), released in April, had projected a higher growth rate of 7 per cent, which was lowered to 6.5 per cent in the July report on concern of a steep 50 per cent US tariffs on shipment from India. While GDP grew strongly in the first quarter (Q1) of FY26 at 7.8 per cent on improved consumption and government spending, additional US tariffs on Indian exports will reduce growth, particularly in the second half of FY26 and in FY27, though resilient domestic demand and service exports will cushion the impact, ADO September 2025 said. The reduction in exports will impact India's GDP in both FY26 and FY27 as the tariffs are implemented. A

GST reforms will boost market purchasing and economy: MoS Chaudhary

The recent GST reforms will spur market consumption and boost the domestic economy, Minister of State for Finance Pankaj Chaudhary said on Monday. He said the impact of these reforms will be known in the next four to six months. Chaudhary interacted with businessmen, entrepreneurs, and tax experts in Indore regarding the Goods and Services Tax reforms. "Prime Minister Narendra Modi believes that when GST reforms bring additional money into the hands of the common people, it will definitely boost market purchasing and accelerate our economy," he said. Chaudhary said that though the GST system was introduced in 2017 under the leadership of PM Modi, efforts for it were going on for 10 years. Taking aim at the previous Congress-led UPA government, the MoS said, "The then government was not successful in introducing the GST system because people didn't trust that government. The lack of credibility was the reason that the erstwhile government couldn't convince states to adopt the GST .

FM Sitharaman to inaugurate 4th Kautilya Economic Conclave 2025 on Oct 3

Finance Minister Nirmala Sitharaman will inaugurate the 4th Kautilya Economic Conclave (KEC 2025) with the theme 'Seeking Prosperity in Turbulent Times' here on October 3. External Affairs Minister S Jaishankar will close the proceedings with reflections on India's foreign and economic policy on October 5, the Finance Ministry said in a statement on Saturday. The three-day KEC 2025 promises to be a dynamic forum, combining India's domestic priorities with global perspectives and charting pathways to prosperity in a time of turbulence, it added. Building on its rich experience, KEC has significantly improved its quality and international presence with 75 participants from abroad, representing over 30 countries, to focus on contemporary challenges, it noted. Special luncheon sessions will include a forward-looking session on 'Communications: Emerging Technologies' led by Communications Minister Jyotiraditya Scindia with leading experts on AI and digital infrastructure. The conclave

In a clear change of strategy, govt turns to tax benefits to boost demand

The 'Festival of Savings' appears to be the new policy instrument to revive and sustain growth

FY26 borrowing plan to remain unchanged, says CEA V Anantha Nageswaran

CEA V Anantha Nageswaran said India's Q1 growth momentum will continue into Q2 FY26, with GST reforms lifting demand, fiscal deficit on track, and borrowing plans unchanged

Next-gen GST reforms to boost savings, benefit all sections: PM Modi

PM Modi said that the reforms will boost savings and directly benefit every section of society