Page 22 - Indian Economy

Indian pharma market grows 7.3% in September, chronic drugs gain traction

India's pharmaceutical market rose 7.3% year-on-year in September to ₹20,886 crore, driven by robust growth in antidiabetic, cardiac, and respiratory therapies

Countries that maintain more openness will grow more: Anne Krueger

The position of any country, including India, will depend on what they do and how they react to geopolitical uncertainties

Closer India-China ties positive for both: ADB Chief Economist Albert Park

Albert Park tells that the 50 per cent US tariffs offer opportunities to India to diversify its export destinations

India's economy is stronger than Trump thinks, but needs structural reform

The most urgent challenge facing Indian policymakers is weathering the escalating trade war

Unlocking 8% GDP growth: Why India must embrace global debt capital markets

The real question is no longer whether India can afford to rely on foreign capital, but whether it can afford not to

India remains anchor of stability in volatile world: RBI Guv Malhotra

India's macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve Bank Governor Sanjay Malhotra said on Friday. Speaking at Kautilya Economic Conclave 2025 here, the governor attributed the country's strong fundamentals to low inflation, good foreign exchange reserves, a narrow current account deficit, and the very strong balance sheets of our banks and corporates. "It is the combined efforts of the government's policy makers, regulators, and regulated entities. All in all, despite recent odds, the economy seems well settled into an equilibrium of resilient growth. This is quite a feat...makes India stand out as an anchor of stability in a volatile world," Malhotra said.

India must shape global outcomes, not remain passive spectator: Sitharaman

'Very foundation of the global order is shifting beneath our feet,' says Finance Minister

Private sector sees scope in India as govt maintains capex push: Sitharaman

Finance Minister Nirmala Sitharaman on Friday said India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said the task before nations is not only to manage uncertainty but to confront trade, financial and energy imbalances. "Geopolitical conflicts are intensifying. Sanctions, tariffs, and decoupling strategies are reshaping global supply chains... For India, these dynamics highlight both vulnerability and resilience. Our capacity to absorb shocks is strong, while our economic leverage is evolving. "Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer against uncertainty," Sitharaman said at Kautilya Economic Conclave 2025 here. Addressing the session on 'Seeking Prosperity in Turbulent Times', Sitharaman said wars and strategic rivalries are redrawing the boundaries of cooperation and conflict. "Alliances that once appeared solid are being tested, and new .

Electronics component plan gets ₹1.15 trillion proposals, says govt

The government has received Rs 1.15 trillion worth of investment proposals under the Rs 22,919 crore ECMS from 249 firms, with approvals and production set to begin soon

EM index notches longest monthly winning streak in over two decades

The MSCI EM index rose 7 per cent in September, its ninth monthly gain in a row, driven by China's equities, while India trailed with modest returns and foreign outflows

UP's bottom-up model can show the way to measuring India's true economy

The headline numbers are based on currently available, measurable data and represent the best possible estimates within the existing system

Five states contribute over 40% of GST revenues in April-September FY26

Maharashtra, Karnataka, Gujarat, Tamil Nadu and Haryana contributed over 40 per cent of GST revenues in Apr-Sep FY26, with Maharashtra leading at ₹31,830 crore monthly

RBI eases compliance burden; gives extra time for merchant payments

In another decision, the RBI eased the compliance requirements for small value exporters and importers

RBI unveils 22 measures to boost credit flow, ease home loan burden

Indian banks are now also allowed to fund acquisitions of non-financial entities and to finance land acquisition by special purpose vehicles, quelling a long standing demand of lenders

RBI unveils three measures to boost rupee internationalisation, expand SRVA

RBI announced lending in rupees to neighbours, transparent reference rates, and expanded SRVA use in corporate bonds and commercial papers to advance rupee internationalisation

Indian Railways freight volume rises 4% in September, coal demand steady

Indian Railways' freight volume reached 127.5 MT in September 2025, with overall growth led by fertiliser, iron ore, and steel products, even as coal demand remained subdued

Stable repo rates expected to boost commercial realty developments

Predictable borrowing costs and GST reforms are expected to boost commercial real estate, housing demand and investor sentiment during the festive season across India

India manufacturing PMI eases to 57.7 in Sep, selling prices hit 12-yr high

The September manufacturing PMI reading marked the weakest improvement in sector health since May, though it remained well above the neutral 50 threshold

Govt puts ecommerce players under vigilance over GST pass-through

Tax officers are checking if the GST rate cuts are being passed on to customers by comparing prices before and after September 22

India's Apr-Aug fiscal deficit widens to ₹5.98 tn, 38.1% of FY26 target

Net tax receipts stood at ₹8.1 trillion, down from ₹8.7 trillion in the same period last year, while non-tax revenue rose to ₹4.4 trillion from ₹3.3 trillion a year ago