Stay Connected. Stay Informed.
Image used for representational purposes. File | Photo Credit: Reuters India’s manufacturing sector activity growth fell to a five-year low in July, due to slower rise in new business orders amid increasingly challenging market conditions, a monthly survey said on Monday (August 3, 2026). The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index, fell from…
“Monetary and fiscal policies are robust, and because of that, we are witnessing high GDP growth,” RBI governor Sanjay Malhotra said. File | Photo Credit: ANI Reserve Bank Governor Sanjay Malhotra has said the West Asia crisis and the expectation of a weak monsoon present significant risks to economic growth. “Despite global uncertainties, India has…
Read More “West Asia crisis, uncertain monsoon major risks for growth: RBI Governor” »
The report says the primary driver of the slowdown was the capital goods sector, with the fall in growth rates in this area contrasting with accelerations at consumer and intermediate goods makers. (Representational image) | Photo Credit: Getty Images/iStockphoto Manufacturing activity slowed to 54.2 in June 2026, its second-lowest level in four years, according to…
Read More “Manufacturing PMI slows to 54.2 in June, second-lowest in four years” »
United Nations: The World Bank projects India’s economy to grow by 6.7 per cent in the next fiscal year starting in April, slightly higher than in the current fiscal year, and continuing to top the growth tally. The Word Bank’s Global Economic Prospects released on Thursday estimated the current fiscal year’s growth rate at 6.5…
Read More “India’s Economy To Grow By 6.7% In Next Two Fiscal Years: World Bank” »
Reserve Bank of India’s (RBI) new Governor Sanjay Malhotra. | Photo Credit: PTI Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday (December 30, 2024) said that prospects of the Indian economy are expected to improve on the back of high consumer and…
Read More “Prospects of economy expected to improve in 2025: RBI Governor” »
Nirmala Sitharaman was speaking on the sidelines of the World Bank in Washington on Wednesday. Washington: Union Finance Minister Nirmala Sitharaman said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India’s economy. While participating in a panel discussion on the…
Read More “No Country, Whether US Or China, Can Ignore India: Nirmala Sitharaman” »
Dr. Nicholas Sitko | Photo Credit: Special Arrangement Senior Economist of the Food and Agriculture Organization (FAO) of the United Nations, Nicholas Sitko, said India has to increase its own fertiliser production capacity as the situation in Ukraine and West Asia is likely to remain unstable. Dr. Sitko, who was in New Delhi in connection…
Read More “India needs to hike domestic fertiliser output to offset unstable market: Economist” »
The 6.9% economic growth projections for India in the mid-year update is an upward revision from the 6.2% GDP forecast made by the U.N. in January. | Photo Credit: B. Jothi Ramalingam The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7%…
Read More “India’s 2024 economic growth projection revised upwards by U.N. to nearly 7%” »
The Manufacturing sector Flash PMI stood at 59.1 in April, unchanged from March’s final reading for the index. File | Photo Credit: Reuters Combined output from India’s manufacturing and services sectors may have grown at the fastest pace in almost 14 years this month, with the services activity rising to a three-month high, as per the…
RBI Governor Shaktikanta Das presented a memento to Prime Minister Narendra Modi during a ceremony to mark 90 years of the Reserve Bank of India in Mumbai on April 1, 2024. | Photo Credit: PTI Prime Minister Narendra Modi on April 1 said India needs to become economically self-reliant in the next ten years so…
Read More “India needs to become economically self-reliant: PM Modi” »