Page 3 - India Economy

IMF projects Indian economy to grow at 6.6% in 2025-26, outpacing China

The IMF released its revised projections following the effects of US tariffs across various economies and the subsequent deals made between countries amid growing uncertainty

India's economy expected to grow at 6.7-6.9% in FY26 amid reforms: Deloitte

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal. Deloitte India's 'India Economic Outlook' report forecasts a GDP growth between 6.7 and 6.9 per cent, averaging 6.8 per cent this fiscal year, up by 0.3 percentage points from Deloitte's previous forecast. This performance signals not just resilience but a renewed sense of India emerging stronger than most nations. Similar growth rates are expected in the subsequent year, but the range of variation remains broader due to uncertainties associated with trade and investment. The GDP growth forecast is in lines with the RBI which projected FY26 economic growth at 6.8 per cent. Growth is likely to be supported by buoyant domestic demand, accommodative monetary policy, and structural reforms, such as GST 2.0. Low inflation will contribute to spending as purchasing power ..

India resilient but not immune to global headwinds, says RBI report

RBI's State of the Economy report highlights India's macro strength despite global volatility; notes negative FDI inflows and rising policy uncertainty worldwide

Private sector sees scope in India as govt maintains capex push: Sitharaman

Finance Minister Nirmala Sitharaman on Friday said India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said the task before nations is not only to manage uncertainty but to confront trade, financial and energy imbalances. "Geopolitical conflicts are intensifying. Sanctions, tariffs, and decoupling strategies are reshaping global supply chains... For India, these dynamics highlight both vulnerability and resilience. Our capacity to absorb shocks is strong, while our economic leverage is evolving. "Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer against uncertainty," Sitharaman said at Kautilya Economic Conclave 2025 here. Addressing the session on 'Seeking Prosperity in Turbulent Times', Sitharaman said wars and strategic rivalries are redrawing the boundaries of cooperation and conflict. "Alliances that once appeared solid are being tested, and new .

Flash PMI eases to 58.5 in September on weak export orders

India's Flash PMI slowed in September as weak export orders hurt manufacturing while domestic demand ahead of festivals offered support, easing price pressures and lifting confidence

India's 8% growth goal at risk as private capex lags: YES Securities

YES Securities warns India's growth relies too heavily on government spending as private capital expenditure falters despite record corporate cash holdings of ₹10.35 trillion

Fed cuts rates 25 bps but inflation risks keep investors on edge

Some investors are now less certain that a rapid shift to lower borrowing costs will materialize, potentially dampening optimism that stocks and bonds would get a strong lift from easier policy

India's reforms give cushion against global uncertainty: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran said GST overhaul and structural reforms will strengthen India's resilience to global risks and help meet the fiscal deficit target

Revenue loss? State govts build pressure on Centre after GST reform

Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit

Best of BS Opinion: India's new-age economy gets a data reset

Today's Opinion pieces explore a new data framework, the Bima Sugam initiative, the real impact of the GST rate cuts, and what the startup ecosystem really needs

Textile hubs in Surat, Tiruppur suspend output as US tariff takes effect

The 50 per cent tariff will affect the export prospects of several industries in India's largest market and also poses a risk for India's near-term growth and capital flows trajectory

Govt plans ₹25,000 cr export support mission to counter US tariff impact

Commerce ministry readies WTO-compliant schemes to aid exporters, diversify markets, and ease trade finance amid rising US tariffs

Best of BS Opinion: India must not bend the knee before Trump's tariffs

Today's articles look at India's options while dealing with the vagaries of Donald Trump's tariff impositions, a look at a potential new VP for India, and the desire for older, great brand campaigns

Trump calls India and Russia 'dead economies' but data tells a different story

From India's trillion-dollar export surge to Russia's energy strength, trade data counters Trump's claim amid escalating tariffs and tensions

Expect progressive improvement in demand, says ITC CMD Sanjiv Puri

Sanjiv Puri, ITC's Chairman and MD, expresses cautious optimism on demand recovery, driven by easing interest rates, better weather conditions, and benign inflation

Govt says India ranks 4th in income equality on World Bank database

India's Gini Index score of 25.5 places it among the world's most equal societies, ahead of China and the US, reflecting shared growth and effective poverty reduction efforts

India open to 'big, beautiful deal' with US, says FM Nirmala Sitharaman

India signals willingness for a broad trade pact with the US ahead of July 9 tariff deadline. But Finance Minister Nirmala Sitharaman said agriculture and dairy sectors remain non-negotiable red lines

Zero-for-Zero Tariffs: Rethinking Trade Liberalization

In this SmartCut episode, Dr. Shikha Jain, Director of IMDR Pune, unpacks Zero-for-Zero Tariffs, their history, benefits, challenges, and why India needs to rethink trade liberalisation. >

Fastest growth in years: Corporate manufacturing trumps household units

The gross value added by household manufacturing units has grown 13.5 per cent in absolute terms between FY19 and FY24 after adjusting for inflation

FY25 GDP growth a tale of two halves as economy withstands global shocks

Given benign inflation outlook and growth still lower than potential, MPC should continue on reducing policy rate by another 50 bps