Page 9 - Indian Economy

Stop blaming Nehru: Real question is why India didn't change course after him

While his policies were flawed, successors deepened socialist model and failed to reform; India's delayed catch-up a collective failure

Sanctions, logistics issues take a toll on India's exports to Russia

Oil imports drive surge; engineering exports dip as sanctions, logistics, and market access hamper outbound growth

OECD retains India FY26 growth outlook at 6.7% amid US tariff risks

OECD has kept India's FY26 growth forecast unchanged at 6.7% and FY27 at 6.2%, citing easing monetary policy and public capex, while warning that higher US tariffs could hit exports

India in a 'sweet spot', GDP growthto be over 7% in FY26: Ficci President

India is "in a sweet spot" to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on the back of strong macro fundamentals and ongoing reforms, new FICCI President Anant Goenka said on Tuesday. Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time. To make sure that happens, the chamber has outlined priorities such as increasing R&D spending from 0.7 per cent to over one per cent of GDP; strengthening industry-academia partnerships, supporting the government's efforts to further promote ease of doing business, trade and supply chain security, and enhancing manufacturing excellence which includes focus on quality, women in the workforce, and adopting sustainable practices. "I think GDP should be 7 plus kind of level (during 2025-26). After all the changes that have happened with respect to the income ...

IIP growth slips to 14-month low of 0.4% in October as output weakens

India's industrial output slowed sharply to 0.4 per cent in October-the weakest in 14 months-hit by fewer working days, a decline in electricity generation

Govt seeks Parliament nod for ₹41k crore additional spending in FY26

First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs

Rupee hits fresh low of 89.79 per dollar as NDF positions mature

India's foreign exchange reserves continue to fall as the RBI steps up its defence of the rupee to prevent it from breaching the 90-per-dollar mark

India needs new livelihood architecture, not more schemes: Report

Climate resilience, despite being the defining challenge of the next decade, has not been mainstreamed into livelihood design

After robust H1, economists upgrade full-year FY26 growth forecast to 7.5%

Most economists have raised India's FY26 GDP growth forecast to around 7.5% after a strong first half, citing robust Q2 data, improving credit trends and potential support from a US trade deal

CII flags $1 tn green funding gap, seeks new finance body in Budget 2026

Industry body calls for a GIFT City-based intermediary to scale green capital, recycling and fast-track clearances

Govt must keep non-serious firms out of magnet scheme: Sona Comstar MD

Sona Comstar MD says Centre should consider 'ring-fencing' this sector through safeguard duties in future

Beating expectations: Recent reforms will improve the business environment

India's GDP surged 8% in the first half, defying global headwinds, but weak nominal growth and slowing tax revenues raise fresh questions ahead of the MPC's policy review

'RBI may cut interest rate by 25 bps amid subdued inflation, strong GDP'

The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely to keep the rate unchanged in the backdrop of better-than-expected GDP growth of 8.2 per cent in the second quarter. The consumer price index (CPI) based headline retail inflation is ruling below the 2 per cent lower band mandated by the government for the last two months. Some experts, however, believe that the RBI may continue with the pause on interest rates as economic growth has picked up, sustained by fiscal consolidation, targeted public investment, and various reforms, such as the GST rate cut. The Monetary Policy Committee meeting is scheduled from December 3-5, 2025. RBI Governor Sanjay Malhotra is scheduled to announce the decision of rate-setting panel on December 5. The central bank started its rate-easing cycle in February last year. It has cumulatively reduced the repo rate by

CII urges govt to set up finance institution, fund to promote green economy

Industry body CII has urged the government to set up a dedicated finance institution and tech expo fund to support initiatives related to promoting the green economy, as there are significant gaps in long-term and low-cost capital availability in the country. As India moves closer to its goal of becoming a USD 5 trillion economy, advancing a green economy is no longer a choice but a strategic necessity, it said. In its pre-Budget suggestions, the chamber has suggested establishing a dedicated Green Finance Institution (GFI) to mobilise large-scale, low-cost capital for India's green transition across renewable energy, clean mobility, green buildings, and industrial decarbonisation. "The institution could be domiciled in the GIFT City (in Gujarat) to leverage regulatory flexibility and attract foreign capital. It could offer concessional loans, equity support, credit guarantees, and securitization of small-scale green assets to reduce project financing costs," it said in a ...

Jairam Ramesh calls India's 8.2% GDP growth 'ironic' after IMF criticism

Earlier on Friday, as per the NSO data, India's real GDP was estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26

Datanomics: Rupee drag may delay India overtaking Japan's economy

India posted strong 8.2% real GDP growth in Q2 FY26, but rupee depreciation trimmed its dollar GDP, keeping Japan narrowly ahead in the April-September comparison

India's forex reserves fall by $4.47 billion as gold reserves decrease

RBI data shows declines in gold and foreign currency assets, pulling reserves down to $688 billion

Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%

FY26 estimates to be revised upwards after faster-than-expected expansion

India set for over 7% GDP growth in FY26, to cross $4 trn mark: CEA

Chief Economic Adviser V Anantha Nageswaran said India's growth outlook remains strong, with Q2 momentum boosting expectations that GDP will exceed 7 per cent and cross $4 trillion this fiscal year

Telangana outlines $3 trillion vision for 2047 with focus on human capital

Telangana has set a bold target to become a $3 trillion economy by 2047, with its new vision document centred on human capital, productivity and investment