Page 2 - India Economy

Cash transfer schemes need cost justification and impact evaluation

India needs evidence-based welfare policies that assess the costs, outcomes and trade-offs of cash transfers instead of allowing electoral politics to shape public spending

'True measure of success will be no of industries that become operational'

Uttar Pradesh Chief Minister Yogi Adityanath outlines the roadmap to a $1 trillion economy, driven by infrastructure, manufacturing, MSMEs, exports and investment-led growth

India must remove investment barriers, ease non-tariff measures: Report

Competere Foundation says reducing investment restrictions and addressing overseas regulatory barriers are key to boosting exports, productivity and long-term growth

ADB commits $1 bn to support sustainable growth, Indian cities' resilience

The Asian Development Bank (ADB) has approved a USD 1 billion loan to support the Government of India's urban reform agenda and maintain momentum in urban investments and reforms aimed at transforming cities into engines of economic growth, innovation, and livability. Besides, the Manila-based multilateral funding institution also approved a USD 850-million loan to support reforms that will speed up the rollout of the Government of India's flagship rooftop solar programme, boosting the resilience of Indian households through better access to affordable clean energy. The Urban Transformation and Investment Program supports the implementation of India's flagship Urban Challenge Fund (UCF) and related reforms to strengthen urban institutions, improve integrated economic and spatial planning, and help urban local bodies strengthen their finances, ADB said in a statement on Tuesday. It will promote resilient urban regeneration that protects women and girls, including transit-oriented ...

India faces 'stagflationary shock' amid upside risks to food prices: BMI

The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input costs

1991 Budget speech was Freedom Day for us; whole world was open: Mittal

Sunil Bharti Mittal says the 1991 reforms transformed India's business landscape, paving the way for Airtel, and calls for continued reforms to sustain growth

35 years of liberalisation: Why India had no choice but to open its economy

In 1991, India faced one of the worst economic crises in its history. With foreign exchange reserves nearly exhausted and the country on the brink of default

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