India Economy

Disruptions from West Asia war threaten to derail India's growth momentum

Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country

West Asia war: Are the effects priced in amid rising economic risks?

As the Strait of Hormuz disruption deepens, India faces rising inflation, supply shocks, and fiscal strain, with markets yet to fully price in the risks

New GDP series: A beginner's guide to GDP estimates | GDP base year | GDP growth | Indian Economy

India is set to release a new GDP series with 2022–23 as the base year. But what exactly is GDP, how is it calculated, and why do revisions matter?

An economic policy response to the West Asia crisis: Managing supply shock

Policymakers will need to rely on both internal and external shock absorbers to guide the economy to its new equilibrium

If short-lived, conflict unlikely to dent India's macro outlook: Economists

Economists say a brief West Asia conflict may have limited impact on India's macro outlook, though risks could emerge if crude oil prices stay elevated for a prolonged period

Iran war: Fiscal pressures on govt may mount next FY, say experts

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

West Asia war digest, March 11: Stories tracking the economic fallout

HL: West Asia war digest, March 11: Stories tracking the economic fallout Strap: From fuel security and LPG shortages to auto, food, markets and LIC losses, here's Business Standard's March 11 covera

Best of BS Opinion: Broader ecosystem response needed to check cyber fraud

Today's Opinion highlights RBI's draft digital fraud framework, Nepal's political churn under Balen Shah, questions around India's growth optimism, LBS reforms, and a book on plastic's global spread.

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB says India's crude oil reserves of about 100 million barrels-enough for 40-45 days-leave the country exposed to potential supply disruptions through the Strait of Hormuz

West Asia conflict poses short-term risks to Indian economy: RBI MPC member

Conflict in the Middle East poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum, an external member of the RBI's rate-setting panel has said. Going forward, there is a need for fiscal and monetary policies to work in a coordinated manner to push GDP growth to a higher trajectory, Nagesh Kumar has said. In the present scenario, a hike in oil prices, exports disruptions and impact on remittances have been identified as the immediate challenges on the growth front, he said. "The breakout of the Middle East conflict poses some immediate-term challenges for the Indian economy by raising oil prices, disrupting exports destined to the region and the potential loss of remittances, besides threatening security of the Indian diaspora in the region," Kumar told PTI in an e-mailed interview. In the immediate short run, he noted, the conflict is escalating with US-Israel strikes and oil prices are likely to harden. "Hopefully,

India moves to shield economy as Iran tensions expose oil, currency risks

Reserve Bank of India stepped up surveillance of the currency market, and traders said Wednesday the central bank intervened to curb volatility after the rupee plunged to a record low

BS Manthan: EAC-PM Chairman underlines 3 development goals for vision 2047

Prof S Mahendra Dev said that since 2014, reforms have led to a structural transformation that lays the foundation for a developed economy

India's outbound FDI moderates to $3.42 billion in January, shows RBI data

India's outward FDI stands at $3.42 billion in January 2026, easing from December levels, with equity, loans and guarantees showing mixed trends

US trade deal could push India's growth above forecast: CEA Nageswaran

Nageswaran's bullishness was echoed by Indian markets, with the rupee posting its biggest gain in more than three years and stocks jumping the most since 2021 on Tuesday

NSO to launch year-long nationwide migration survey from July 2026

The National Statistics Office will roll out a comprehensive migration survey from July 2026 to June 2027 to capture patterns, drivers, and labour profiles of migrants across India

Budget 2026: Confident yet anxious amid global and domestic uncertainty

The Budget has indeed woken up the sleeping markets, just not the way the government's fans would have expected

Navigating global turmoil: Can India stay the course on policy and growth?

Despite geopolitical risks and inflation worries, experts say resilient growth, likely US rate cuts, and stable Indian fundamentals will shape markets in the year ahead

India on a strong plank to show sustained growth in uncertain times

On the whole, the Survey paints a positive picture for the economy as well as outlook, though cautions more on the external environment

March of a Republic: India must find its way in an uncertain environment

As global order frays and the US turns inward, India's Republic Day optics underline a strategic pivot towards Europe and faster reforms at home

Stable policies power India's rise as fastest-growing major economy: CG

A stable policy environment and a predictable, reform-oriented investment climate have ensured India's emergence as the world's fastest-growing major economy in recent times, Consul General in Shanghai Pratik Mathur said on Friday. Speaking at the 11th Edition of the Shanghai International Business Cooperation Forum, Mathur highlighted initiatives like Make in India and Digital India as important drivers of New Delhi's rise through the global rankings, the Consulate said in a post on X. He spoke at length about the increasing global interest in the upcoming AI Impact Summit 2026, which India will host on February 19-20, focusing on the principles of 'People, Planet, and Progress'. Mathur also spoke about India's Global South-oriented, people-centric, and inclusive AI policies, such as Bhashini, which have boosted the nation's ability to foster the world's largest startup ecosystem, with over 100,000 startups. The government's Bhashini AI platform allows translation of text, numbers