Page 3 - Economy

Starting anew: Despite Delhi connections, Bengal govt has its task cut out

There is no doubt that West Bengal's economy performed way below potential, and Mamata Banerjee's 15 years in power compounded the damage

Pakistan's FDI falls to lowest since 2023 amid tax policy concerns

Pakistan's foreign direct investment fell 34 per cent year-on-year to its lowest level since 2023, as businesses cited unpredictable tax policies and several multinational firms exited the market

RBI sees resilient economy despite West Asia conflict, monsoon concerns

Reserve Bank of India said the economy remains resilient, supported by healthy demand and strong industrial and services activity, while warning that the Iran war and a deficient monsoon pose risks

India's ambition of becoming developed economy demands policy certainty

India needs predictable tax, trade and regulatory policies to attract foreign capital, boost investment and achieve its Viksit Bharat growth ambitions

RBI attracts $20.7 billion through forex steps to bolster capital inflows

The scale of ‌inflows is in particular focus for ​the rupee, which is facing renewed pressure ‌from a sharp rise in oil prices amid renewed hostilities in the Middle ‌East

Lagging on FCNR (B) deposit collections, banks pin hopes on Sept-end rush

Banks expect FCNR-B deposit mobilisation to accelerate before the RBI's September 30 deadline, even as early collections by several public lenders trail their stated targets

West Asia war a blow to Kerala's remittance-backed economy: CM Satheesan

Satheesan speaks about the impact of the West Asia war, a proposed high-speed rail project in the state and the Adani group's stake sale plan in the Vizhinjam port project

IEA chief warns prolonged Hormuz disruption could hit global economy

IEA chief Fatih Birol says markets are gripped by uncertainty as attacks in and around the Strait of Hormuz threaten oil, gas and fertiliser shipments

The 'Indian Common Market': Rethinking growth beyond one India

India's next phase of consumption growth will be driven by treating large state economies as distinct markets, each requiring its own products, distribution strategy and consumer insight

India tops major economies in intangible investment growth: WIPO report

From software and databases to research and organisational know-how, India's investment in intangible assets is growing faster than that of any other major economy, says the report

Telangana on course for $1 trillion economy by 2034: CM A Revanth Reddy

CM A Revanth Reddy says Telangana is on track for a $1 trillion economy by 2034, backed by major infrastructure projects, investment, skilling and fiscal discipline

Rising debt, AI boom and financial fragilities raise global risks: BIS

Bank for International Settlements said rising public debt, financial vulnerabilities and uncertainties surrounding the AI boom are increasing risks to the global economy, despite resilient growth

The long-term ROI of an MBA

In this session of Gurugyaan, we hear from Nitish Jain, President of S P Jain School of Global Management.

Parl panel to study India's economic conditions amid global uncertainties

As conflicts and geopolitical uncertainties around tariffs cloud domestic growth, a key parliamentary committee has decided to examine the evolving economic condition of the country. According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen 'Evolving Economic Conditions in the Country' as an additional subject for detailed examination during the year 2025-26. Parliamentary panels select their subjects soon after they are constituted. But they are at liberty to select additional subjects keeping in mind evolving circumstances. Indian economy is estimated to have grown at 7.7 per cent in 2025-26 (April-March), with a robust 7.8 per cent growth in the January-March quarter. India's GDP had grown at 7.1 per cent in the 2024-25 fiscal year. However, the RBI estimates GDP growth to slow to 6.6 per cent in current fiscal year as the ongoing conflict in West Asia pushes up cost of fertiliser and fuel globally. India is a net importer of both crude oil and fertiliser.

Karnataka must move away from subsidies to growth-enabling reforms

The multicultural life of the young in Bengaluru today represents India's greatest cosmopolitan and sophisticated culture, surpassing that seen in even Mumbai in some respects

Centre's ₹19k crore Bengal maritime plan expected to generate 62k jobs

West Bengal's ₹19,209-crore maritime pipeline aims to boost the blue economy, strengthen logistics and create over 62,000 jobs

'India's fiscal deficit may rise to 4.7% of GDP in FY27 amid West Asia war'

India's fiscal deficit may widen to 4.7 per cent of GDP in FY27 as higher oil prices, subsidy costs and revenue risks from the West Asia conflict weigh on finances, writes Aditi Nayar of ICRA

Grand marketing strategies must give way to Consumer India's 'value logic'

Forget groupthink, grand marketing theories and macro numbers. This is the time to build strategies around consumers' own value logic

Japan's economy expands at 2.1% annual pace, boosted by consumer spending

The Japanese economy grew at an annualised rate of 2.1% in the January-March quarter, the government said Tuesday, showing its resilience despite rising energy prices because of the war in Iran. Japan's real gross domestic product, or GDP, the sum value of a nation's goods and services, grew at a seasonally adjusted 0.5% from the previous quarter. It was the second straight quarter of growth. The annualised number shows what the growth, or contraction, would have been if the quarterly rate continued for a year. Increased spending by consumers and businesses helped contribute to the stronger than expected results. Higher government spending also supported the expansion. Private consumption rose 0.3% quarter-on-quarter, or at an annualised rate of 1.1%, according to the preliminary data from the Cabinet Office. Public demand rose 0.3% from the previous quarter. Japan's economy contracted in July-September last year, then eked out moderate growth in October-December of 0.2% on-quarter

The power of prices in times of crisis: Don't suppress market signals

Economies adjust to shocks through prices. The role of policymakers is not to suppress those signals