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India’s strong macroeconomic indicators have paved the way for robust growth outlooks for fiscal year 2026-27, but the delay in India-US trade deal may lead to revisions of some barometers. According to global brokerage Goldman Sachs, India’s mass consumption trend, especially in the rural and lower income segments of urban spaces, is in a nascent…
“We will continue to see relentless growth,” Commerce and Industry Minister Piyush Goyal said, adding India’s merchandise and services exports too have recorded high growth during April-October this fiscal. File | Photo Credit: The Hindu Commerce and Industry Minister Piyush Goyal on Saturday (November 29, 2025) said a host of steps and reforms undertaken by…
Read More “Government reforms, manufacturing push lift Q2 growth to 8.2%: Goyal” »
Indian businesses are in a “cosy comfort zone” created by the presence of a 1.4 billion-person domestic market, and need to find opportunities globally, Union Commerce Minister Piyush Goyal said on Saturday (August 30, 2025). In the comments that come amid deep concerns about the impact of high U.S. tariffs on the Indian economy, Mr….
Growth in the manufacturing sector quickened to 7.7% in the April-June 2025 quarter, coming on top of a high base of 7.6% in the same quarter of the previous year. File | Photo Credit: Getty Images India’s economic growth rate in the first quarter (April-June) of the current financial year quickened to a five-quarter high of…
“India’s economic trajectory stands out in a turbulent global landscape,” Rumki Majumdar, Economist, Deloitte India, said. Deloitte India on Tuesday (August 5, 2025) projected India’s economic growth at 6.4-6.7 % in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be…
The NSO’s first advanced estimates of GDP growth for the year suggest that the economy’s engines will slow to a four-year low this fiscal. Image for representation. | Photo Credit: Getty Images/iStockphoto India’s real Gross Domestic Product (GDP) is expected to rise 6.4% in this financial year, slowing from 8.2% in 2023-24, the National Statistics…
Read More “India’s real GDP expected to rise 6.4% in FY25” »
India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic growth fell sharply to 5.4% for the quarter ended September. The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been…
New Delhi: Prime Minister Narendra Modi today said this is the right time to join India’s growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation. Addressing the 18th Asia-Pacific Conference of German Business 2024, PM Modi said the time is ripe for foreign investors to…
The latest Fitch Ratings has cited a recovery in consumer spending and increased investment. File photo | Photo Credit: The Hindu Fitch Ratings on Tuesday, June 18, 2024, raised India’s growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment….
Read More “Fitch raises India’s growth estimates for FY25 to 7.2%” »
Nirmala Sitharaman said the manufacturing sector witnessed growth of 9.9 % in 2023-24 (File) New Delhi: Finance Minister Nirmala Sitharaman on Friday termed 8.2 per cent GDP growth in 2023-24 as ‘remarkable’ and said the growth momentum will continue in the “third term of the Modi Government”. Today’s GDP data showcases robust economic growth with…
Read More “Growth Momentum Will Continue In PM Modi’s 3rd Term: Nirmala Sitharaman” »