#india-economy
Let exchange rate act as shock absorber: IMF on Fed hike impact on India
The International Monetary Fund has said the US Federal Reserve's decision to hike interest rates would contribute to tighter global financial conditions and suggested that India allow the exchange rate to act as a shock absorber. An IMF spokesperson on Frida…
RBI MPC must raise rates as inflation and external risks rise
India's economy is currently thriving, boasting a growth rate exceeding 7%, bolstered by diverse sectors and enhancing productivity levels. Nonetheless, escalating oil prices and geopolitical instability present significant threats to economic stability and r…
State wins on factory count, must make up in value creation
ASI FY25: Tamil Nadu leads India in factory count and jobs (15% share) but ranks third in GVA, lagging Maharashtra and Gujarat in value added per worker.
Private capex revival takes hold, capital formation at 3-year high: Economic Affairs Secretary Anuradha Thakur
Private investment in India is experiencing a revival, with growth in capital formation noted in early financial reports. Economic Affairs Secretary Anuradha Thakur highlighted an increase in corporate project commitments across various key sectors. First-qua…
Global bond yields pose challenge for emerging markets; India sees FDI confidence: DEA Secy Anuradha Thakur
Rising global bond yields are making capital more expensive for emerging markets, but India's macroeconomic stability and record foreign direct investment inflows reflect continued investor confidence in the country's fundamentals, Anuradha Thakur, Secretary,…
GST exemption for banks, nominated agencies for gold, silver imports may be withdrawn
The GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exemption, introduced in 2017 when precious-metal imports were tightly regulated, could be withdrawn as the government seeks to…
RBI MPC: beginning of a short and calibrated hike cycle
One expects the monetary policy committee to deliver a rate hike in October, but a calibrated 25 basis points, along with a change in the hitherto ‘neutral’ stance and guidance for a data-dependent policy response in the coming months.
Sustained reforms, self-reliance critical for Viksit Bharat, says Das
Shaktikanta Das said India must build stronger domestic capabilities while remaining integrated with global markets and concluding more free trade agreements
Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growth
Shaktikanta Das stated that India's real GDP grew by 7.8% in the first quarter of this financial year. It was supported by strong domestic demand and favorable investment conditions experienced during this period. This growth follows an average annual GDP inc…
From a nation of savers to a nation of investors: NSE bets on technology, financialisation and market depth
Data and technology have significant long-term potential because they can scale across markets and geographies without depending solely on trading volumes, says NSE MD & CEO
RBI may hike rates by 0.25% in Oct policy amid inflation: Experts poll
The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due to mounting inflationary pressure amid the re-escalation of the West Asia crisis and also the rate hikes by global central banks, ac…
India's industrial output flags gap between textiles, apparel manufacturing
The government's industrial output data, which showed robust growth in August this year, buoyed by the overall manufacturing sector's performance, indicated a prolonged contraction in apparel production, even as the upstream textile industry logged firm upwar…
What will bring foreign investors back to Indian stock market? 5 things that should go right
FPIs sold more than Rs 25,000 crore of Indian equities in September as surging US bond yields, elevated crude prices and a weaker rupee reduced India’s appeal. Cooling yields and oil, currency stability, strong Q2 earnings and attractive valuations could brin…
There could be a pretty big global shock, says Nobel laureate & economist Michael Spence
Michael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advancements in digital infrastructure, particularly in digital financial services like UPI. Spence discusses the significance …
Skilled manpower, digital tech must to boost manufacturing: Experts
All-India Prayagraj seminar urges digital hybrid manufacturing, skilled workforce and higher R&D to boost India’s manufacturing; experts cite AI, IoT and logistics costs.
India’s growth story balances economic development and environmental sustainability, says Siemens India
Technology-driven opportunities across manufacturing, agriculture, transportation and power could help create scalable value in India’s emerging digital economy
India's answer to a risk-priced world is openness, not fragility: PK Mishra
Mishra says India must remain open while limiting vulnerability, balancing resilience costs with energy security, competitive manufacturing and diversified trade
Zero sweat for India as economy drought-proofed
In the 1960s and 70s, a poor monsoon could spark an economic and political crisis in the country. It no longer has the same impact.
Nirmala Sitharaman calls for open, rules-based global economic ties amid geopolitical tensions
At the Kautilya Economic Conclave, Nirmala Sitharaman spoke about fostering international trade policies that are not only open but also predictable. She underlined the critical need for nations to communicate effectively to dissolve geopolitical trade barrie…
Next phase needs private investment, higher R&D spend: Sitharaman
Sitharaman calls for private investment and higher R&D spending to drive India's next growth phase, strengthen innovation and build resilience amid global uncertainty
India’s economic resilience built through a decade of reforms: Nirmala Sitharaman
Nirmala Sitharaman said India’s economic resilience was built through fiscal prudence, infrastructure, banking reforms and sustained reforms since 2014.
India likely to grow around 7% this year despite oil, rainfall concerns: Nilesh Shah
India is likely to grow around 7% this year as Q2 momentum remains good, despite concerns over higher oil prices and deficient rainfall, Nilesh Shah said.
Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra
Higher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively better positioned than many developed markets, yet it remains vulnerable due to imported energy. The high dependence on crud…
India's resilience built over past decade, structural autonomy key to future: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained reforms, while stressing…
Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers — why are millions still not investing? Report decodes
India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here.
FPI investments driven by net returns; working to simplify access: SEBI chief Tuhin Kanta Pandey
Recently, SEBI allowed FPIs to participate in non-agricultural commodity derivatives, Pandey noted. “(In FY27), we have received $800 billion of FPI inflows already.”
Sanctions, tariffs turn into policy instruments, sometimes weaponised: P K Mishra
P K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities. He mentioned that India is diversifying its energy imports to reduce vulnerabilities and ensure economic stability. The need for macroeconomic resilienc…
India’s resilience lies in adapting to geopolitical, trade, and technology shifts: VP Radhakrishnan
Radhakrishnan said India was entering the current phase of global uncertainty from a position of economic strength, pointing to real GDP growth of 7.8% in the first quarter of 2026-27
Goyal pitches India as global trade hub, eyes 75-80% of world economy
India is actively pursuing free trade agreements with 31 nations to boost its global trade ties. Commerce Minister Piyush Goyal underscored the possibility of achieving a $30 trillion economy by 2047. He pointed out significant opportunities for both American…
Democracy makes India's economic reforms durable, says vice-president
C P Radhakrishnan said consensus-building may slow decisions at times but makes reforms sustainable, while warning that growth benefits must reach every section of society