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. […]
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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 […]
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“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 […]
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Congress General Secretary Jairam Ramesh. File | Photo Credit: Shiv Kumar Pushpakar The Congress on Tuesday (June 24, 2025) attacked the Centre over interest rates on savings accounts reportedly reaching the lowest level in 25 years, alleging that the Modi government has, in the last 11 years, left no stone unturned in “ruining” the country’s […]
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The manufacturing sector’s growth stood at 4.8% in Q4 of FY25, the second fastest quarterly growth in the year, on a high base of 11.3% in Q4 of the previous year. Representational file image. | Photo Credit: B. Velankanni Raj While a significant uptick in economic activity in the fourth quarter of financial year 2024-25 […]
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The U.N.’s mid-year update of its World Economic Situation and Prospects 2025 report has projected global growth to slow to 2.4% in calendar year 2025. File. | Photo Credit: Reuters The United Nations has lowered its growth projections for India for this year and the next, to 6.3% and 6.4%, respectively. These are both 0.3 […]
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The economy grew at 13.2% in the first quarter and 6.3% in the second three-month period. File | Photo Credit: Reuters Pencilling in just 4% GDP growth for the fourth quarter, a rating agency report has said the final growth numbers for the full year will be lower than the second advance estimate of 7%. […]
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The Reserve Bank of India (RBI) on Wednesday raised the policy repo rate by 35 basis points (bps) to 6.25%, downshifting gears from consecutive increases of 50 bps, and scaled down GDP growth hopes for the year to 6.8% from 7%, even as Governor Shaktikanta Das exuded confidence about the economy being resilient and asserted […]
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In September, Fitch projected 7% growth for the current fiscal, followed by 6.7% in 2023-24 and 7.1% growth in 2024-25. File Fitch Ratings on December 6 retained India’s economic growth forecast at 7% for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments. […]
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Former Finance Minister P. Chidambaram. File | Photo Credit: Karunakaran M. Former Finance Minister P. Chidambaram has panned the government claiming it is living in denial about the internal factors responsible for the economic downslide in the context of the latest Gross Domestic Product (GDP) numbers for the second quarter of this financial year. In […]
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