Page 10 - Indian Economy

Industry credit rises 7.3% in September as retail loan growth moderates

RBI data shows faster growth in credit to industry at 7.3 per cent in September 2025, led by engineering, infrastructure, and textiles, even as retail credit slows to 11.7 per cent

'India has a can-do spirit': Julius Baer's Mark Matthews at BS BFSI Summit

At the Business Standard BFSI Insight Summit 2025, Julius Baer's Mark Matthews said India's resilience, demographics and 'can-do' spirit keep it a standout in emerging markets

India must build on macroeconomic stability, use trade as growth engine

This mix of policy choices made over the years has enabled a stable macroeconomic environment

ICAR rejects GM-Free India's claims of data rigging in genome rice

Coalition alleges trial data of Pusa DST-1 and DRR Dhan 100 rice varieties was rigged to show higher yields; ICAR calls the claims baseless and politically motivated

Global CEOs have committed massive maritime investments to PM: Govt

Rs 5.5 trillion has started funnelling from previous MoUs, says Sonowal

Fiscal policy strongly supportive of growth: RBI Deputy Guv Poonam Gupta

What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta

BS BFSI Summit: Specialised banks needed for niche mkts, says M Nagaraju

DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity

India to be steady lighthouse for global rough seas: PM Narendra Modi

Calls on global shipping cos to invest and expand in India

8th Pay Commission must consider liabilities stemming from wages, pensions

It will always be hard for the government to follow market mechanisms, but systems must be adjusted to reflect the broader economic reality

As India targets debt reduction, lack of clarity could risk hard-won gains

The government has done really well on the fiscal front, but any ambiguity about the future path could put the hard-won gains at risk

Economy has weathered global headwinds, GDP to be near 7% in FY26: CEA

Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26. Speaking at the India Maritime Week here, Nageswaran said three global rating agencies have recently upgraded their ratings on India, and if the country continues on the same track, India can "soon" break into the 'A' rating category. The academic-turned-policy advisor said the resilience shown by the economy, coupled with measures by the government and the Reserve Bank of India (RBI), places the Indian economy in a "comfortable position". "We should be quite satisfied with the way the Indian economy has responded to global uncertainties this year, and the tariff-related developments as well," he said. The policy measures, including relief in income tax and the recent GST rationalization "have combined to improve the economic growth prospects for this year to near or

Industrial output growth moderates to 3-month low of 4% in September

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

Datanomics: Investors see losses in a third of NBFC IPOs since 2018

On October 24 (Friday), the share closed on the Bombay Stock Exchange (BSE) below its offer price by 0.6 per cent

Rupee weakens due to persistent demand for dollar among importers

The rupee settled at 88.25 per dollar against the previous close of 87.85 per dollar

Chatroom: EODC not necessary for selling goods made from duty-free inputs

Understanding export-obligation timelines, currency-correction relief, and anti-dumping duty exemptions for EOUs

Q2 biz confidence drops on US tariff; 1st fall after 3 qtrs of improvement

Micro, small, and medium enterprises (MSMEs) showed stable confidence, with their BCI inching up marginally from 137.1 to 138.2

Navigating 'we are like that only' India: Complex, curious, and delightful

Our new infrastructure is a definite physical upgrade over the old, but it seems to come with its own challenges

EU Parliamentary trade delegation in India to discuss FTA progress

Seven EU Parliament members to meet Indian officials, industry bodies, and civil society groups to assess progress on the India-EU free trade agreement

Indian economy likely to grow faster than expected 6.6% in FY26: Poll

While a punitive 50 per cent tariff levied by the US on Indian goods is still in place, recent comments from Washington and New Delhi have raised optimism it will be reduced

A third of decade-old tax cases in High Courts haven't had a single hearing

The government has signalled its intent on reducing tax litigation in steps. A two-part series examines the state of tax litigation. The first part looks at tax cases pending for over 10 years