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India's economy News

India's economy

20 Feb 2025

India's Economic Slowdown Is Caused By Monetary And Fiscal Tightening: Report

The recent policy measures will boost growth in the coming months.

India's economy

15 Jan 2025

India Most Resilient Economy Among Top 10, To Become 4th Largest One By 2026

India’s growth story continues with GDP surpassing $4 trillion in 2025, supported by robust economic fundamentals and a dynamic business environment.

28 Apr 2024

Startups In India Grew Over 300 Times In 10 Yrs, Says Union Minister Jitendra

India of 2024 is ready to take a giant leap, backed by its scientific acumen and technological prowess, says Union Minister Jitendra Singh.

India's economy

25 Jun 2023

Central Govt Created Employment-Generating Economy: Gadkari

He said people in passenger traffic, tourism, restaurants, hoteling, buses, railways and aviation?all got businesses because the footfall has gone up at these places. "Automobile industry in the country is Rs 7.50 lakh crore, 4.50 crore people got jobs.

31 Jan 2023

IMF Projects Indian Econ to Grow 6.1 % in 2023; Global Growth to Dip by 2.9 %

IMF on Tuesday expects India's growth rate to decline from 6.1 % in 2023 from 6.8% in 2022. The forecast of low growth in 2023 reflects the rise in central bank rates to fight inflation -- especially in advanced economies -- as well as the war in Ukraine. Nevertheless, global growth projected for 2023 and 2024 is below the historical (2000-19) annual average of 3.8 per cent.

India's Exports

15 Dec 2017

Exports stage smart recovery, up 31% in November

Trade deficit widened to USD 13.82 billion in the month under review from USD 13.39 billion in November 2016.

03 Nov 2017

Easier to do business in India than ever before, says PM Narendra Modi

India, Modi said, is one of fastest growing economies in the world and implementation of the Goods and Services Tax (GST) from July 1 has eliminated multiplicity of taxes.

India's services sector

03 Nov 2017

India's services activity grows for 2nd straight month in October

To cater to greater output requirements, service providers hired more for the second month in succession, but the rate of job creation slowed from September.

01 Nov 2017

Is it Rahul Gandhi's opinion or his dog's? BJP takes a dig

The BJP on Wednesday said that Congress vice president knew nothing about India`s economy.

10 Oct 2017

Bold reforms have put India firmly on growth path: OPEC

In particular, OPEC's Secretary General Mohammed Barkindo said, oil cartel is working to better understand the potential impacts that such beneficial economic changes may have on future oil demand.

India's economic growth forecast

02 Oct 2017

Fitch lowers India's growth forecast to 6.9%

Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest expansion since 2010.

01 Oct 2017

India's GST may have adverse impact on this country's economy

According to the report, Bhutan's imports will likely increase as Indian exports are zero rated under GST, making the imports cheaper.

India's economy

27 Sep 2017

Modi govt rejects Yashwant Sinha's critique of economy

"The world acknowledges India is the fastest growing economy. No one should forget it. Our image at the international level is very strong," Home Minister Rajnath Singh said.

India's economy

27 Sep 2017

Niti Aayog deputy chief says no harm in busting fiscal deficit target

Government officials last week told Reuters that they were contemplating spending up to Rs 500 billion (USD 7.61 billion)more to halt the slowdown, which could widen the federal fiscal deficit for the financial year ending next March to 3.7 percent of GDP from a budgeted target of 3.2 percent.

25 Sep 2017

Government in process of changing economic environment: Arun Jaitley

The Finance Minister said that the "environment" was a result of three factors.

India's IIP growth

12 Sep 2017

India's industrial output growth crawls at 1.2%; inflation rises to 3.36%

The factory output growth, measured on the Index of Industrial Production (IIP), for April-May period decelerated to 2.3 percent from 7.3 percent in the same period last fiscal, as per the data released by the Central Statistics Office.

07 Sep 2017

India's tolerance, openness its biggest economic strength: Raghuram Rajan

India's diverse multicultural society and tradition of tolerance is its greatest strength, Raghuram Rajan said on Thursday.

India's economic growth

31 Aug 2017

FM hopeful of 7% GDP as manufacturing 'bottoms out'

The Economic Survey had projected a growth of 6.75 percent to 7.5 percent for 2017-18.

India's economic growth

31 Aug 2017

India Inc expresses disappointment over weak GDP data

India Inc on Thursday expressed disappointment over the country's economic growth, which slipped to a three-year low of 5.7 percent in April-June.

India's economic growth

01 Sep 2017

Indian economy grows at slowest pace under Modi government, hits 3-year low of 5.7% in April-June

India's GDP growth slipped to 13-quarter low of 5.7 percent year-on-year during the April-June quarter as compared to 6.1 percent in January-March, government data showed on Thursday.

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