India Economy News - Latest Updates & Headlines
Govt capex, private investment to drive India's growth in FY 26: Report
New Delhi, March 30: The Indian economy is expected to clock 6.5 per cent growth in 2025-26, driven by government investment in big infrastructure projects, and an acceleration in private investment during the year, according to the latest EY Economy Watch report.
RBI to shift focus on growth over inflation in April policy meeting, cut repo rate by 25 bps: Care Edge
New Delhi, March 30: Reserve Bank of India's monetary policy committee is expected to shift its focus from concerns around inflation to supporting growth in its next review meeting in early April, Care Edge Ratings has asserted.
India's economic growth needs to fuelled by ratepayers: Finance Secretary
New Delhi, March 29: Newly-appointed Finance Secretary Ajay Seth said on Saturday that India's economic growth needs to fuelled by ratepayers, not just taxpayers and borrowings.
Mamata Banerjee and 'tukde-tukde gang' go abroad, insult India, this is unfortunate: Giriraj Singh
New Delhi, March 28: Union Minister Giriraj Singh hit out at West Bengal Chief Minister Mamata Banerjee over her remarks at the Oxford University's Kellogg College in London and said that her remarks were unfortunate.
Core sector industries clock 2.9 pc growth in Feb: Centre
New Delhi, March 28: The combined Index of Eight Core Industries (ICI) increased by 2.9 per cent in February, as the production of cement, fertilisers, steel, electricity, coal and refinery products recorded positive growth, according to data released by Ministry of Commerce and Industry on Friday.
India least exposed to US tariffs due to domestic demand strength: Morgan Stanley
New Delhi, March 28: When it comes to the ratio of goods exports to GDP in the wake of US trade tariffs, India and Japan are the least exposed economies owing to domestic demand strength, a Morgan Stanley report said on Friday.
Mamata Banerjee says she 'differs' with India being largest economy, BJP confronts
New Delhi, March 28: West Bengal Chief Minister Mamata Banerjee has come under fire from the BJP following her remarks on India's economic standing.
Those who come to contribute to India's economy are welcome: Amit Shah
New Delhi, March 27: Union Home Minister Amit Shah replied to the discussion on the Immigration and Foreigners Bill, 2025, in the Lok Sabha on Thursday. After the discussion, the House passed the Bill.
India's worst economic slowdown over, but market volatility may persist: Goldman Sachs
New Delhi, March 26: The worst phase of India's economic slowdown and earnings decline is likely over according to the global financial firm Goldman Sachs.
New Income Tax Bill to be taken up for discussion in monsoon session: FM Sitharaman
New Delhi, March 25: Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that the new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament.
India will be resilient to US tariffs because of its higher share of service exports: S&P Global
New Delhi, March 25: India's economy is expected to show resilience despite trade tensions arising from US President Donald Trump's tariff threats, according to a report by S&P Global.
India well-positioned to benefit despite global uncertainties: Bernstein
New Delhi, March 25: India’s macroeconomic situation has bottomed out, and the country is set to see GDP growth around 6.5 per cent for the year ahead, according to a Bernstein note on Tuesday.
India's composite Output Index decline marginally in March, while private sector output grows strongly: HSBC PMI
New Delhi, March 24: India's private sector continued its strong growth momentum in March, though at a slightly slower pace compared to February, according to the latest HSBC Flash India PMI data.
Industrial electronics to help India reach $500 bn manufacturing goal: Experts
New Delhi, March 21: Industrial electronics, which contributes 20 per cent to India’s current $150 billion electronics production, can help the country lead the Industrial Revolution 4.0 and reach the $500 billion manufacturing goal, industry experts said on Friday.
India faces limited impact from US trade policies, but risks remain: UBI Report
New Delhi, March 21: India's economy may be shielded from the full effects of US trade tensions due to its trade balance with the US, but the final impact will depend on the contours of a trade deal between the two nations says a research report by Union Bank of India.
India is set to become the consumption capital of the world: Report
New Delhi, March 21: India is set to become the consumption capital of the world, outpacing major economies says a report by Angel One, Iconic asset.
Govt's infrastructure push to enable India's logistics compete with China, US: Gadkari
New Delhi, March 20: With the rapid development of infrastructure, the government aims to bring down logistics costs by more than 5 percentage points to less than 10 per cent of GDP so that India becomes more competitive with China and the USA, Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday.
India's large domestic market to cushion blow from US tariff hike: Fitch
New Delhi, March 19: The large size of India's domestic market, which reduces reliance on external demand, is expected to insulate the country from the US tariff hike, with the economy expected to maintain a growth of 6.5 per cent in FY26, global ratings agency Fitch said on Wednesday.
India insulated from global trade war, says Fitch; revises GDP growth forecast to 6.5% in FY25-26
New Delhi March 19: Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war.
India's BoP to remain negative for the year, but the magnitude would be lower: Report
New Delhi, March 19: Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
India's CPI inflation to average 4 pc in FY26, 75bps rate easing cycle likely: Morgan Stanley
New Delhi, March 18: A Morgan Stanley report on Tuesday projected that it expects consumer price index (CPI) inflation in India to average 4 per cent in F26, which implies cumulative easing of 75bps by the RBI (compared to 50bps projected previously) in the coming months.
India's wholesale inflation largely steady in February at 2.38%
New Delhi, March 17: Wholesale inflation in India edged marginally higher in February, rising to 2.38 per cent, according to data released by the commerce ministry on Monday. In January, it was 2.31 per cent.
India's economic indicators strong, rate cuts could further bolster growth: SBI report
New Delhi, March 16: India's economic indicators for February reflect a moderation in inflation, improved industrial output and strong corporate earnings, according to the latest SBI Ecowrap report.
India to become world's 3rd-largest economy by 2028, overtaking Germany: Morgan Stanley
New Delhi, March 15: India is set to become the world’s third-largest economy by 2028, overtaking Germany, according to a report by global financial services firm Morgan Stanley.
Retail inflation to come below RBI's 4.4% estimates in Jan-Mar quarter at 3.8%: Report
New Delhi, March 14: Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
Decline in inflation paves way for higher GDP growth
New Delhi, March 13: The decline in retail inflation to a level that is below the RBI's targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
India's deal activity surges 14 pc in Feb to register 3-year high
New Delhi, March 13: Defying economic uncertainty, India's deal activity surged 14 per cent in February to register a three-year high in terms of volumes, a report showed on Thursday.
India set to become World's most sought-after consumer market: Morgan Stanley
New Delhi, March 13: India is poised to become the world's most sought-after consumer market while undergoing a significant energy transition, rising credit-to-GDP ratio, and expanding manufacturing sector, according to Morgan Stanley's latest report.
Assam has 15 per cent growth rate, higher than national average: CM Sarma
Guwahati, March 11: Chief Minister Himanta Biswa Sarma on Tuesday said that Assam has the growth rate of 14-15 per cent which is more than the national average.
India best placed in Asia for growth outlook amid trade tensions: Morgan Stanley
New Delhi, March 11: Despite ongoing global trade tensions India is the best-positioned country in Asia for economic growth, according to a report by Morgan Stanley.
India's capital expenditure growth likely to moderate to single digits: SBI MF Report
New Delhi, March 11: India's capital expenditure (capex) growth is expected to moderate to single digits over the next two years after witnessing strong growth in recent years, according to a report by SBI Mutual Fund.
India's long term growth story intact, equity markets attractive: Morgan Stanley
New Delhi, March 11: Indian equity scene looks attractive — a stock pickers' market — as the country is likely gaining share in global output in the coming decades driven by strong foundational factors including robust population growth, a functioning democracy, macro stability influenced policy, better infrastructure, a rising entrepreneurial class and improving social outcomes, a Morgan Stanley report said on Tuesday.
Global trade tensions: India is best placed in Asia, says Morgan Stanley
New Delhi, March 11: Trade tensions will likely remain a drag on Asia's growth but India is still the best placed in the region against this backdrop – low goods exports, strong services exports and policy support for domestic demand, a Morgan Stanley report said on Tuesday.
Govt extends duty-free import of yellow peas to keep inflation in check
New Delhi, March 9: The Government has extended the duty-free import of yellow peas by three months till the end of May and clamped a duty of 10 per cent duty on imports of lentils (masur) with immediate effect, according to an official notification.
India's retail inflation may ease to 4.1 pc in February, food prices remain a concern: BoB Report
New Delhi, March 7: India's consumer price inflation (CPI) is expected to decline to 4.1 per cent for February 2025, according to a report by the Bank of Baroda (BoB).
India's long-term outlook strong, another RBI rate cut likely in April: HSBC report
New Delhi, March 7: India's long-term outlook remains strong and the investment cycle is projected to be on a medium-term uptrend supported by government investment in infrastructure and manufacturing, pickup in private investments, and a recovery in the real estate cycle, a new HSBC report said on Friday.
Deep tech innovations to help India reach $10 trillion economy goal
Bengaluru, March 6: As the nation moves towards becoming a $10 trillion economy, India is undergoing a structural shift from a software-led technology ecosystem to one driven by deep-tech innovations, a report said on Thursday.
India likely to clock steady GDP growth of 6.5 pc in 2025-26: Crisil
New Delhi, March 3: India's GDP growth is expected to be steady at 6.5 per cent in fiscal 2025-2026 with the upcoming monsoon season likely to be normal and commodity prices to remain soft.
Tax relief in Budget, RBI repo rate cut should keep domestic demand resilient: Report
New Delhi, March 2: India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
India's growth becoming more balanced as private consumption's share in GDP rises
New Delhi, March 2: The good news is that India's growth is becoming more balanced as private consumption's share in GDP rose in fiscal 2025, according to a Crisil report.