Private sector spending is still trailing far behind, and analysts generally agree the economy is still failing to create enough quality jobs for its large young population
S&P raised India's FY26 growth forecast citing strong domestic demand, normal monsoon hopes, lower oil prices, and easing policy - reversing last month's downgrade over global risks
Even with oil prices ruling at $110 and $108/bbl in FY13 and FY14 respectively, the Nifty 50 managed to post a gain of 7.3 per cent and 18 per cent in each of these two fiscal years
Helped by significant improvement in energy efficiency and investment capacity, India has been ranked 71st on a global Energy Transition Index released on Wednesday by the World Economic Forum. Sweden topped the list of 118 countries, followed by Finland, Denmark, Norway and Switzerland in the top five. China was ranked 12th, the US was 17th and Pakistan at 101st place. Congo was ranked lowest. While India's rank has fallen from 63rd last year, the WEF said India and China experienced the greatest overall improvement among large economies, especially in increasing access to energy and strengthening transition readiness. The WEF said the top five largest economies China, the US, EU, Japan and India will ultimately determine the pace and direction of the global energy transition due to their sheer size. Together, they account for around half of the global GDP, population and total energy supply (TES), and also nearly two-thirds of global emissions, giving them an outsized influenc
In this exclusive conversation, historian David C. Engerman, author of Apostles of Development, joins Ankur Bhardwaj to discuss the economists who shaped South Asia’s postcolonial development.
While acknowledging that valuations appear stretched, Standard Chartered noted that Nifty's 12-month forward P/E ratio of 20.6x is above its long-term average of 18.2x but still below recent peaks.
UBS ups India's economic growth outlook on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices
India's real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. In a research report, Nomura said there is a "divergence" between the growth in GST collections and across other high-frequency growth indicators like auto sales and bank credit growth. As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24. The RBI sees growth sustaining at 6.5 per cent, the official data showed. "Our baseline view assumes GDP growth moderates to 6.2 per cent in FY26 from 6.5 per cent in FY25," Nomura said in its report. The Japanese brokerage revised its March 2026 Nifty target to 26,140 points, up from the previous level of 24,970 points, on the macroeconomic trends and also sought to temper concerns on valuations. "The Indian equity markets have been resilient in the recent past despite corporate earnings estimate cuts and global uncertainties," Nomura .
FM highlights 7.4% Q4 GDP growth driven by industry, services and agri; calls for faith in India's abilities and urges reforms to eliminate corruption and ease regulation
India has remained the fastest-growing major economy for the fourth straight year, driven by strong manufacturing, services, and farm sector growth, the finance minister said
RBI had pegged the fourth quarter's GDP growth at 7.2%, and FY25 at 6.6%
Bharti Group Chairman Sunil Mittal on Thursday exhorted the industry to prioritise an 'India-first' approach, rising above individual or sectoral interests to contribute to nation-building as the telecom sector doyen advocated prioritising of talent dividend, stepping up R&D, trade reset and a collaborative framework between industry and government. Speaking at the CII Annual Business Summit 2025, Mittal also advised companies to emulate the 'Tata' mould of trust as he highlighted the respect commanded by the 'house of Tatas'. Citing the progress made towards trade pacts between India and key nations, Mittal exuded confidence that the government will safeguard industry's interests in trade agreements, but asserted at the same time, that it is important that the "industry and chambers don't ask for things which will make FTAs difficult". Stating that lakhs of crores are stuck in litigation around direct taxes, indirect taxes, and other regulatory matters, the industry stalwart said
Without stronger domestic demand, GDP growth will continue to rely heavily on government spending, as it has for years
S&P Global Ratings on Friday cut India's growth projections by 0.2 percentage points to 6.3 per cent for the current fiscal year citing uncertainty over the US tariff policy and downside risks from its spillover to the economy. In its report titled "Global Macro Update: Seismic Shift In US Trade Policy Will Slow World Growth", S&P Global Ratings said "we reiterate that there are no winners in a scenario of escalating protectionist policies." S&P said among Asia-Pacific's major economies, China is expected to see its growth drop by 0.7 percentage points in 2025 to 3.5 per cent and in 2026 to 3 per cent. S&P projected India's GDP growth to be 6.3 per cent in 2025-26 and 6.5 per cent in 2026-27 fiscal year. In March, S&P had lowered the FY'26 GDP growth forecast to 6.5 per cent, from 6.7 per cent. "The risks to our baseline remain firmly on the downside in the form of a stronger-than-anticipated spillover from the tariff shock to the real economy. The longer-term ...
Strengthening existing economic centres, rather than building greenfield cities, is key to faster state-level growth
Lowers South Asia's FY25 outlook and urges region's nations to carry out reforms and revenue mobilisation
He added that he expected potential growth rate of around 7% could be achieved over the next decade, though India needed to expand its economy
Fitch says, excluding the pandemic, world growth rate to be the weakest since 2009
Moody's Analytics said that its April baseline represents the economic toll they'll have should the tariffs eventually go ahead in full
Hotmail's Sabeer Bhatia slams India's GDP model, says real growth comes from effort and not just money exchange