India Economy

PL group spots next capex wave in power, data centres, and renewables

India's capex cycle gains momentum, creating opportunities across power, data centres, semiconductors and defence

Weekly economy wrap: GDP beats estimates, but inflation risks remain

India's economy started FY27 on a strong footing, but questions emerged over the 7.8 per cent GDP growth in Q1 and the methodology behind it

World Bank's Mishra pushes back on doubts over strength of India's growth

World Bank Executive Director Neelkanth Mishra said high-frequency indicators such as vehicle sales, cement volumes and credit demand point to strong economic momentum despite doubts over GDP data

Govt issues FAQs on GDP revision, explains new series and methodology

The government has revised the GDP estimate for Q1 FY2025-26 following the introduction of a new GDP series with 2022-23 as the base year

The Growth Surprise: Another blockbuster GDP print for India

India's economy has shown resilience despite tariffs and the West Asia conflict, with strong domestic demand, healthier balance sheets and investment supporting growth

Weekly economy wrap: Forex reserves at record high as monsoon risk persists

Record forex reserves and stronger credit flows provided support, but uneven monsoon rains, food-price interventions and external risks kept policymakers on alert

Why India's 7% growth may not be enough for 2047 developed nation goal

India needs 9.25% growth rate to meet PM Modi's 2047 developed-nation goal, according to Ashok Lahiri, a senior official at the country's apex government-run think-tank

India state fiscal health: Delhi boasts highest own revenue share in FY25

Business Standard's State Fiscal Health Tracker compares states and Union Territories on own revenue as a share of total revenue receipts. Here's what the FY25 Budget Estimates show

Core industries growth slows to 5.4% in July as iron ore, power ease

Six of the nine core sectors recorded growth in July, while natural gas, crude oil and fertilisers contracted; refinery products returned to growth after three months

Datanomics: Manufacturers beat input price changes despite volatility

Disaggregated figures for the top five categories showed month-on-month volatility.

Weekly economy wrap: Tax collections rise, but inflation and trade gap bite

Stronger tax collections and exports offered support, but higher inflation, a widening trade deficit and elevated debt kept macroeconomic risks in focus

From agriculture to services: How India's economy transformed over 80 years

India's economy has undergone a major transformation over eight decades, moving from an agriculture-led model towards a more diverse, services-driven economy

'Gujarat is driving its economic growth via sector-specific policies'

Gujarat CM Bhupendra Patel outlines plans to make the state a $1 trillion economy by 2030, attract GCCs, expand renewables and reform state-run enterprises

IMF estimates Indian economy will hit $5 trillion in FY29: FM Sitharaman

Indian economy is set to cross USD 5-trillion mark in FY29 as per the International Monetary Fund (IMF) and the government has adopted a broad-based growth strategy to achieve the milestone, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Tuesday. As per the World Economic Outlook database (April 2026) published by the IMF, India's GDP at current prices is projected to be around USD 5.1 trillion by 2028-29, she said in a written reply. "The government has adopted a broad-based growth strategy focusing on enhancing agricultural productivity, promoting manufacturing, supporting MSMEs, expanding infrastructure, improving logistics and ease of doing business, creating an efficient and streamlined tax system through income tax and GST reforms, fostering innovation and digitalisation, strengthening human capital, and ensuring energy security," she said. The strategy is complemented by sustained emphasis on public capital expenditure, liberalising the FDI regime, boosting ..

Best of BS Opinion: Institutions must make room for today's world

From exports and AI to urban livelihoods and geopolitics, India's institutions must adapt to new realities shaping the economy and society

Minus N-power plans, fresh private investments fell 32% sequentially in Q1

India's fresh investment plans jumped 71% in Q1FY27, but excluding four mega nuclear projects, private investment weakened amid West Asia-related uncertainty

Weekly economy wrap: Factory growth accelerates as govt unveils energy push

Industrial and services activity strengthened, while fiscal spending, energy security and export competitiveness dominated the policy agenda

Industrial credit growth triples to 19.2% in June on broad-based rise

Industrial lending gathered pace across micro, small, medium and large enterprises as non-food bank credit, services, agriculture and retail loans also recorded stronger growth

April-June fiscal deficit of India stood at 18.2% of 2026/27 target

Government data showed India's fiscal deficit reached Rs 3.1 trillion, or 18.2% of the FY27 target, as capital expenditure and overall spending increased in the first quarter

Investment tide turns for new Chief Ministers in first quarter of FY27

Karnataka, Kerala and West Bengal posted sharp rises in proposed investments in Q1 FY27 after leadership changes, while Tamil Nadu saw inflows plunge