India Economy

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

India's financial assets & liabilities logs strong growth in FY24: RBI

India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal

How seriously Indian states are funding artificial intelligence ambitions

A review of FY26 state Budget speeches shows wide variation in how Indian states plan to adopt AI and how little most are willing to spend on it

Assam economy: Gains and gaps amid growth, debt, welfare challenges

Assam has emerged as India's fastest-growing state economy over five years, but a low base, fiscal pressures and social challenges temper the headline growth story

Statsguru: 'Gigification' of Indian economy and the future of work

What is often framed as flexible employment increasingly resembles regular work, raising questions around hours, pay and working conditions

Indian economy faces five headwinds that leave no margin for error

Markets look calm, but five forces-rising debt, slowing revenues, weak savings, geopolitics and populism-signal a tougher growth phase for India

Datanomics: India may not surpass Japan as 4th-largest economy in FY26

India's economy is growing faster than peers, but a weakening rupee may delay its move past Japan to become the world's fourth-largest in dollar terms

Airports to highways: Tracking the making of Uttar Pradesh's economy

State's ambition to be a $1 trn economy is driven by various industries

Knowledge most powerful tool for India to become $5 trn economy: Gadkari

Knowledge is the most powerful tool for India to become a USD 5 trillion economy and the third largest economy in the world, Union Minister Nitin Gadkari said on Monday. Speaking at an event in the Indian Institute of Technology Bombay, he said the future of any country is based on the type of futuristic technology it possesses. "The IITs and its students have have a great contribution towards the country's development and progress. While working in the government, if we face any challenge, we refer it to the IITs first. The credibility of IITs is so good that the solution we get is widely accepted. In a nutshell, you are the capital of knowledge," the Union minister said. "The progress of the country, resources, technologies are important but what is more important is the futuristic technology and knowledge. The future of any country is based on what type of futuristic technology it possesses," he added. Prime Minister Narendra Modi has put forth a target in the form of a mission

RBI cuts repo rate by 25 bps to 5.25%, keeps policy stance ‘neutral’

The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation