Indian Economy

Manufacturing PMI climbs to four-month high in Feb, rises to 56.9

However, the latest figure was significantly lower than the Flash India Manufacturing PMI of 57.5, released last month

India's manufacturing PMI hits four-month high in February, rises to 56.9

The overall result suggests India's economy ‌is expected to remain resilient this quarter after posting 7.8 per cent growth in October-December

Economists project FY27 growth to be over 7% in the new GDP series

Economists expect India's FY27 growth to exceed 7 per cent under the new GDP series, supported by capex push and consumption, though trade tensions and El Nino risks loom

Modi's visit signals a new phase in India-Israel economic partnership

PM Modi's visit to Israel and ongoing FTA negotiations mark a shift from transactional trade to structured, execution-led economic collaboration between India and Israel

New GDP series lifts FY27 growth outlook to 7-7.4%, says CEA Nageswaran

India's GDP growth for FY27 is seen at 7-7.4% under the new series, with risks tilted upward, as strong momentum, reforms and trade deals lift the outlook

A new baseline for a new economy: Understanding logic of India's GDP reset

One way to look at the new series is as a shift from a grainy image to a higher-resolution one. The scene itself does not suddenly change, but the blur is reduced

India's growth may outpace current estimates after GDP data overhaul

Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world's fastest-growing major economy

A beginner's guide to GDP estimates ahead of the release of new series

What is GDP, how is it calculated, and why do estimates matter? A simple guide to GDP, GSDP, nominal vs real growth and India's new base year

New GDP series: How revisions in FY2011-12 rewrote high-growth years

Under 2004-05 series, India recorded 3 straight yrs of 9%-plus growth

India's GDP expected to grow between 6.8-7.2% in FY27: EY Economy Watch

India's GDP could grow between 6.8-7.2 per cent in the next fiscal, EY Economy Watch report said on Thursday. It suggested that to attain the Viksit Bharat goal by 2047, India may have to increase its tax-GDP ratio largely by improvement of tax compliance as major tax reforms have already taken place. "In the background of India's extensive bilateral trade agreements with other major economies or economic groups, India's medium-term prospects have brightened up. We estimate India's real GDP growth to be in the range of 6.8-7.2 per cent in FY27," EY India Chief Policy Advisor D K Srivastava said. The EY Economy Watch report said that major tax reforms were undertaken in the current fiscal, in particular relating to personal income tax (PIT) and the GST. Both these reforms involved a considerable amount of revenue forgone aimed at increasing household disposable incomes so that private consumption demand could be supported. "These tax reforms involved considerable sacrifice of GoI's

As 16th FC boosts southern share, delimitation may face fewer hurdles

More than three weeks after the 16th FC's recommendations became public, the southern states are no longer complaining about an unfair deal in the way central taxes are distributed among them

StatsGuru: Productivity gap continues to hinder India's MSME growth

MSMEs accounted for 48.58 per cent of India's merchandise exports in FY25

India's new GDP series likely to see overhaul of inflation metrics

India's revised GDP series will introduce major changes in inflation adjustment for consumption, investment and trade, shifting toward granular deflators and global SNA standards to reduce volatility

Private sector growth hits three-month high in Feb as new orders pick up

Companies recruit additional staff and scale up output as sales improve

Partnered prosperity in a Globalist Gambit: Mapping India's trade ascent

The past months have witnessed trade deals with economic giants augmenting investor-friendly confidence in India's global trade agenda

As Budget renews push for social sectors, gap in implementation persists

Spending on health and education as percentage of GDP is modest and below policy targets

New CPI series will have less instability structurally, says Pronab Sen

Former chief statistician says the revised cpi was overdue, supports excluding free pds items and sees little immediate impact on rbi policy decisions

2024 CPI series rebasing halves index value; inflation rate unchanged

Shift to CPI 2024 base sharply lowers headline index levels in back series, but inflation rate remains identical across rural and urban segments

How India can reframe global economic cooperation in a multipolar world

India seeks to convene, align and anchor a shifting global order by building platforms where governments, capital and enterprise forge the partnerships shaping future prosperity

US drops pulses, digital services tax from fact sheet on India trade deal

The US has revised its interim trade deal fact sheet with India, removing pulses from tariff talks and softening language on India's $500 billion purchase plans, even as negotiations continue