Page 4 - Indian Economy

India's growth story is a multi-decade opportunity: BlackRock's Larry Fink

BlackRock chief Larry Fink said India could emerge as one of the world's defining growth engines over the next two decades, driven by policy stability, infrastructure push and rising confidence

Breaking the glass wall: Why the India-US trade deal works for India

The India-US trade agreement should be seen as a win for consumers and producers, with debates on protectionism and strategic autonomy often missing the economic trade-offs involved

Services PMI rebounds to 58.5 in Jan amid higher output, hiring

Growth in India's services sector accelerated in January as output, new orders and hiring picked up, though the PMI reading remained below the flash estimate, S&P Global data showed

US trade deal could push India's growth above forecast: CEA Nageswaran

Nageswaran's bullishness was echoed by Indian markets, with the rupee posting its biggest gain in more than three years and stocks jumping the most since 2021 on Tuesday

Budget 2026: Industrial policy takes centre stage, deeper fixes pending

And bigger problems await from policy bottlenecks that the Budget has left untouched

Budget 2026: A status quo Budget with limited appeal for global investors

Markets disappointed as Budget 2026 sticks to fiscal discipline but offers no big ideas to revive investor confidence or attract fresh foreign capital

Budget 2026-27 Highlights: FM Sitharaman boosts manufacturing across sectors

Budget 2026-27 Highlights: Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha on Sunday. Catch updates here

Political polarisation worrying investors: Nobel laureate Abhijit Banerjee

Nobel laureate economist Abhijit Banerjee has warned that political polarisation in India is eroding transparency and making the country a "mystery" for global investors, even as the growth numbers remained robust. In an interview with PTI, Banerjee said from an economic standpoint, the most critical issues confronting the country today were media freedom and transparency, arguing that investors ultimately cared about data credibility rather than political rhetoric. "I think India is going through a politically polarised phase in the sense that there are many conflicts that have existed for a long time, and we have to decide, as a nation, to what extent we want to be seen as open and reliable. I think the real issues have to do with media freedom," he said. "The most important issues are media freedom and transparency. Do we really know what the numbers are? That's what investors care about," Banerjee said. While India has continued to attract foreign investment, he described the .

Fiscal deficit in April-December kept at 54.5% of Budget Estimates

India contained its FY26 fiscal deficit at 54.5% of Budget Estimates for April-December, aided by higher non-tax revenues and controlled spending despite a December capex dip

Decoding Economic Survey 2025-26: Five ideas that explain India's economy

Behind dense language, the Economic Survey 2025-26 lays out five clear arguments on growth, risk, manufacturing, governance and why stability now matters as much as speed

Economic Survey 2025-26 gives clear direction towards Viksit Bharat

Economic Survey 2025-26 underscores India's macro stability, reform-led growth, and fiscal discipline, while warning that weak state finances pose emerging risks

India is indeed an oasis of macro stability: CEA V Anantha Nageswaran

CEA V Anantha Nageswaran says India can grow 6.8-7.2% in FY27 despite global uncertainty, citing domestic reforms, resilient consumption and strong fundamentals

Economic Survey 2025-26: A year of adjustment - on several fronts

Economic Survey 2025-26 signals an adjustment phase ahead, with moderate growth, stable inflation, fiscal consolidation and policy shifts shaping India's macro outlook

This Budget will see many firsts, but future Budgets need a different mould

Budget 2026-27 breaks new ground, but delayed GDP rebasing and continued fiscal secrecy risk undermining its numbers within weeks

More power to 'People India' and Middle India as growth engine shifts

India's growth is powered by hard-working people and a rising 'Middle India';. This aspirational group needs financial enablement and infrastructure support to accelerate mobility and sustain growth

Republic Day: PM Modi greets citizens, urges resolve for 'Viksit Bharat'

Republic Day, observed annually on January 26, marks the day India adopted its Constitution in 1950, officially becoming a sovereign, socialist, secular, and democratic republic

A Budget for India's strategic growth, jobs and global competitiveness

The document will be pivotal in outlining agenda that sustains growth and capex, enhances manufacturing and technological capabilities, creates jobs, and makes our economy more dynamic and competitive

Why creative destruction is essential to India's long-term economic rise

Nobel economics insights show how innovation, institutions and creative destruction drive long-run growth, offering key lessons for India's development goals by 2047

India flags 'huge mountain of debt' in developed nations as major concern

Japan's 40-year bond yield rocketed past 4 per cent to a fresh high since its debut in 2007 and a first for any maturity of the nation's sovereign debt in more than three decades

AI-led growth looks strong, but concentration risks are hard to ignore

The IMF has reaffirmed India's position as the fastest-growing major economy, with its 2025-26 forecast revised to 7.3 per cent