Indian Economy

Economy may grow at 7% in FY27 despite trade tensions: CareEdge Ratings

CareEdge Ratings expects 7% growth in FY27, citing a possible US-India trade deal, low inflation and strong capex, while warning US tariffs could weigh on goods exports

New GDP series to improve informal sector estimates, add double deflation

India's revamped GDP series will use richer data and double deflation to better capture the informal economy, address IMF concerns and improve accuracy from 2026

China's growth shows why government support should be aimed at new starters

China's growth highlights the need for India to shift policy support towards new firms, boost manufacturing, R&D spending, and empower states and cities to drive entrepreneurship and competitiveness

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

India will surpass Germany to become third-largest economy by 2027: Scindia

Union Minister Jyotiraditya Scindia on Saturday expressed confidence that India will surpass Germany to become the world's third-largest economy by the end of 2027, lauding the polices and institutional reforms ushered in by the Centre under Prime Minister Narendra Modi. Scindia was addressing the YEF Bharat Summit 2025' organised by the Young Entrepreneurs Forum Bharat here. He said, India was once known as the golden bird. About 2,000 years ago, India's share in the world's gross domestic product (GDP) was 20 per cent. Under the leadership of Prime Minister Narendra Modi, India will move forward with this vision and emerge as a star on the global stage. India's economy has leapt from the 10th position 12 years ago to fourth, leaving behind Japan, he said. By the end of 2027, we will surpass Germany to become the world's third-largest economy, asserted the minister. In the race for economic development, India has already surpassed the country that tried to rule it for 200 years, h

Why China rose and India lost ground in the global middle-class map

An unambitious elite spoiled by finance - plus a working class held back by inadequate education and inequities of caste and gender - are stymying the emergence of a global middle class in India

Weak regulation hurt public policy in 2025; fixing it is 2026's big task

From aviation to finance, regulatory failures marked India's economy in 2025, exposing weak state capacity and the urgent need to redesign how regulators function

GST rate cuts likely to keep driving consumer demand for some quarters

Consumer companies say that demand has already started to see some positive impact

Centre mandates risk registers, umbrella geotech study in tunnel projects

Authority is accountable at every step of tunnel projects, guidelines say

India a significant trade partner for Ethiopia and Jordan, shows data

India-Ethiopia trade at $550M, India-Jordan at $2.67B; pharma and engineering exports key focus areas

Budget 2026-27: CII suggests reforms to drive investment-led growth

Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for 2026-32; offering incremental tax credits or compliance relaxations for firms achieving significant new investment, production, or tax contribution milestones; and establishing an NRI Investment Promotion Fund. It also called for reinstating accelerated depreciation benefits to further incentivise fresh capital expenditure and technology upgrades, particularly for MSMEs and manufacturing industries, provided the measure is structured to stimulate modernisation without triggering ..

Haier targets ₹14,500 crore topline in 2026, plans ₹3,500 crore expansion

Aims for 38% growth driven by ACs and TVs; to expand manufacturing capacity to 4 million units by 2027, creating 12,000 jobs

Gujarat leads in FY25 loan growth, Karnataka in deposits, shows data

RBI data shows state-wise credit trends; Maharashtra leads in outstanding credit and deposits, while Gujarat records highest growth

India Inc's profits relative to capital employed at 14-year high

Improving return ratios can be positive for FPI flows

India-US trade talks: DPDP Act, Information Technology rules dominate

Washington considers specific provisions in the DPDP rules and IT Rules non-tariff barriers for its companies

Rupee hits new low on weak sentiment amid US trade deal uncertainty

The currency, Asia's worst performer in 2025, saw mild RBI intervention as FPIs sold over ₹14,000 crore in equities this month

Slower food deflation nudges retail inflation to 0.71% in November

Food deflation eases to -3.91%, rural inflation turns positive at 0.10%, but gold & silver surge above 58% keeps core elevated

Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment

Trade deal with India would enhance bilateral ties: US representative

A new trade deal between India and the US under President Donald Trump and Prime Minister Narendra Modi would further enhance the bilateral relationship, a top US official has said, underlining that Washington's partnership with New Delhi is critical. These remarks were made by House Foreign Affairs South and Central Asia Subcommittee Chairman Bill Huizenga on Wednesday at a subcommittee hearing titled 'The US India Strategic Partnership: Securing a Free and Open Indo-Pacific'. "The US-India relationship is no longer just important. It is a defining relationship of the 21st century. If America wants a free Indo-Pacific, resilient supply chains and a world where democracy, not authoritarianism, sets the rules, then our partnership with India is critical, Huizenga said in his opening remarks. The hearing heard from witnesses, Director of Asian Studies Centre, Heritage Foundation, Jeff Smith, Executive Director of the Observer Research Foundation America, Dhruva Jaishankar and External

India one of the fastest-growing major economies, says US Representative

US Representative Bill Huizenga also stressed the wider strategic stakes of cooperation between Washington and New Delhi, noting the importance of their combined economic and geopolitical influence