India Economy

Half a lifetime after the 1991 reforms: Lotuses bloom in muddy waters

Thirty-five years after the 1991 reforms, India has grown dramatically but unfinished reforms, weak public services and job creation remain major challenges T N Ninan

Delaying reforms will hurt future of our youth: Montek Singh Ahluwalia

Montek Singh Ahluwalia says India needs a fresh reform roadmap, faster private investment and broader policy consensus to achieve the Viksit Bharat goal

Improving investment climate: Reforms at the state level can drive growth

NITI Aayog's investment index highlights wide disparities among states, underscoring the need for governance reforms, stronger institutions and balanced regional growth

Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth: IMF

The IMF warns that rising oil prices from West Asia tensions and an El Nino-hit monsoon pose key downside risks to India's 2026-27 economic growth outlook

Fresh data centre capacity sees 59% annual growth in Jan-Jun: Report

India's data centre segment witnessed a 59 per cent annual growth in fresh capacity additions to 258 MW IT during January-June, according to Savills. In a statement on Tuesday, real estate consultant Savills India said, "The new data centre capacity additions in India surged to 258 MW IT in the first half of 2026, compared to 162 MW IT in H1 2025". The capacity additions took the country's total operational stock to 1.8 GW IT. Of the total operational stock, Savills said that hyperscalers accounted for 36 per cent, followed by enterprise-focused facilities at 8 per cent and edge data centres at 1 per cent. The remaining 55 per cent comprised facilities catering to both hyperscalers and enterprises. "India's data centre market is set for significant expansion, with total capacity projected to nearly fourfold and reach over 7 GW IT by 2030," the consultant forecast. Srihari Srinivasan, Director & Lead - Data Centre Services, Savills India, said the Indian data centre market ...

Weekly policy watch: PMI Flash data, President Murmu's Europe tour in focus

India's policy calendar this week will track infrastructure growth, business activity and diplomatic outreach

Business Standard poll: Crude prices, exports improve CAD outlook

Economists have sharply lowered India's FY27 current account deficit forecast as softer crude oil prices, resilient exports and remittances improve the external outlook

Weekly economy wrap: UK trade pact takes off as inflation risks rise

The India-UK trade pact took effect; government approved a ₹1.9 trillion electronics push, while inflation, the trade deficit and oil-linked policy risks moved higher

Moody's sees India losing some pace as global growth slows to 2.5% in 2026

Moody's Analytics says India will remain the fastest-growing major economy in 2026 and 2027 despite losing some momentum as global growth slows amid geopolitical risks

CBDT notifies Cost Inflation Index for FY2026-27 at 384. What it means

A higher index means the inflation-adjusted cost of acquiring an asset will be higher than it was in FY26

Rain check for RBI: Food inflation, El Niño risks make rate cuts unlikely

Keeping in mind the factors on crop prospects, it stands to reason that rate cuts are out, and an unchanged position can be expected.

India's million-plus cities reveal stark differences in jobs and pay

In building the first city-level portrait of urban work, the National Statistics Office has taken a step towards the evidence-based view that sound urban policy depends on

Hospitality leads as MoSPI unveils India's first services production index

India's first trial Index of Services Production covers 19 sectors accounting for nearly 60 per cent of services output, with accommodation and food services leading April growth

AI threatens low-end jobs, making skilling an urgent national priority

Govt needs to focus more on low-end work, which will be impacted more by technology and artificial intelligence

Statsguru: The big city wage puzzle of pay, jobs and gender gaps

India's million-plus cities offer higher wages and better job quality, but unemployment remains similar to other urban areas, with sharp gender pay gaps across cities

Weekly economy wrap: India advances Indo-Pacific ties; IMF cuts growth view

Strap India deepened Indo-Pacific partnerships through deals with Australia, New Zealand and Indonesia, even as oil risks prompted growth downgrades and weakened the rupee

Reality check: From UP to TN, 5 states promise to chip in combined $5 trn

Rupee depreciation and slow growth weigh on states' ambitious economic goals

IMF trims India's FY27 growth forecast to 6.4% from 6.5% in April

The IMF has cut India's FY27 growth forecast to 6.4 per cent, saying higher energy prices outweigh resilient economic activity, while raising its FY28 projection

VB-G RAM-G weakens rural employment guarantees, shifts power to Centre

The revamped rural jobs programme weakens the safety net and shifts power from states to the Centre

Weekly economy wrap: Energy relief, slower PMI, monsoon concerns mark week

Fuel curbs were withdrawn and LPG prices fell as energy pressures eased, but softer PMI readings, a wider fiscal deficit and inflation risks kept policy concerns alive