Indian Economy

India needs to lift the poor, not take down the rich: Daniel Waldenström

Swedish economist Daniel Waldenström argues that education, broader asset ownership and growth-led redistribution are key to tackling inequality

After FCNR(B) highs, forex kitty shrinks by $51 billion in four weeks

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

RBI study fills four-month gap in state inflation data using survey inputs

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

A quick guide to GST Council's key decisions on tax and compliance

From easier input tax credit claims to automated registration and a ₹40-crore cap on penalty-only appeals, the proposed changes seek to reduce compliance friction.

Monsoon deficit threatens crop output, adds to food inflation risks

The southwest monsoon was both patchy and deficient. That has hurt key farm regions and raised concerns over food prices

RBI MPC meet: 'Pressure on current account is a temporary problem'

The FCNR(B) deposit flows of $135 billion was made possible by the strong macroeconomic fundamentals of India, says Malhotra

Rate hike to widen banks' margins as EBLR-linked loans reprice faster

Deposit rates may rise with a lag, credit demand seen holding up

GST Council to take up far reaching compliance reforms at Thursday meeting

The GST Council is expected to consider simpler compliance, faster refunds and changes to prosecution and arrest rules, with no major rate changes likely at the meeting

Govt unveils 2026-30 roadmap to measure value of India's natural wealth

Mospi's 2026-2030 strategy prioritises forests, water, minerals and pollination services, aiming to improve environmental accounts and their relevance to policymaking

'The 1991 reforms were brought in reluctantly; there was distrust of biz'

India has an opportunity again with China turning the reform clock back in some ways, says the man who helped launch Pepsi and Reebok in India

World Bank lifts India FY27 growth view to 7.1% on robust domestic demand

World Bank raises India's FY27 growth forecast to 7.1 per cent from 6.6 per cent but flags risks from high oil prices, El Niño and capital flow volatility

Crisis-proofing the corporation

Through the journeys of five companies, this book offers hard-won lessons and best practices for navigating tough times and emerging stronger

Capex slows in Q2: What’s behind the fall in new project announcements

According to provisional data from the Centre for Monitoring Indian Economy, new project announcements by the government and private sector fell sharply in the September quarter

India economy strong; energy security, jobs key to growth: N Chandrasekaran

India's economy is robust in a world that is uncertain and difficult, and multiple indicators show that the country is in a stable and strong position, Tata Sons Chairman N Chandrasekaran said on Monday and highlighted that energy security, advanced manufacturing jobs and investment in human capital are "critical" for sustaining long-term growth. He noted that the Viksit Bharat 2047 vision has percolated across multiple aspects of the country. Delivering on the vision, he said, will require inclusive and sustainable development, built on world-class infrastructure, institutions and intellectual property. "... All three will be critical," he said, addressing the Indian Foundation for Quality Management (IFQM) Symposium 2026. Chandrasekaran -- who was recently handed his third five-year term at the helm as Tata Sons Chairman amid an intense boardroom battle-- further said the Indian economy is doing very well and, over the last several years, has consistently exceeded expectations by

1991 reforms: Quant analysis shows liberalisation gains are petering out

India's global percentile ranking has improved modestly since 1991, but weak per capita gains and external vulnerability remain key drags

AI driving up global bond yields, a worry for EMs: DEA secy Anuradha Thakur

Economic Affairs Secretary Anuradha Thakur said heavy government borrowing and rising AI investment are increasing global demand for capital and pushing up its cost

Today's resilience may not imply tomorrow's immunity: RBI Governor Malhotra

Sanjay Malhotra said future crises could emerge from geopolitics, cyberattacks or technology failures, requiring resilience across banks, markets and financial infrastructure

Niti Aayog member Rajiv Gauba calls for light-touch regulation for growth

Gauba said the state should be firm where risks are high and light-touch where risks are low, while remaining predictable in both cases

Today's financial resilience does not guarantee future stability: RBI guv

Reserve Bank Governor Sanjay Malhotra on Saturday said the resilience of the financial system today should not be taken as a guarantee against future vulnerabilities and called for continued vigilance to safeguard financial stability. Speaking at the Kautilya Economic Conclave here, he outlined five priorities for policymakers, stressing that financial stability should focus not on preventing shocks but on strengthening the financial system's ability to withstand and contain their impact. "Today's resilience may not necessarily imply tomorrow's immunity, and we are committed to remain vigilant of emerging vulnerabilities and continue to keep our financial system strong and resilient," he said, highlighting the resilience of the financial system supported by healthy balance sheets of banks and NBFCs. He said shocks, whether endogenous or exogenous, are inevitable and the objective should be to build a financial system capable of providing financial services even under severe ...

Sanctions, tariffs sometimes weaponised as policy tools: PK Mishra

Principal Secretary to the prime minister, P K Mishra, on Saturday said export restrictions, sanctions and tariffs become instruments of economic policy and they are sometimes even weaponised. The top government functionary also said that wars disrupt energy and food markets while shipping routes and geographical choke points become sources of economic vulnerability. Addressing the Kautilya Economic Conclave on the subject 'A World Priced for Risk', he said India is a major energy importer, and any prolonged disruption to an important maritime route can affect the economy adversely. India's response, therefore, has combined several layers of protection. "For energy security, the disruption around the Strait of Hormuz has been a particularly clear reminder of how geography can translate into economic risk," he said. Without mentioning any country, the top official said export restrictions, sanctions and tariffs become instruments of economic policy, sometimes they are even ...