Indian economy

S&P Global manufacturing PMI India’s manufacturing sector showed a healthy expansion in March with the S&P Global India manufacturing Purchasing Managers Index (PMI) rising to a three-month high of 56.4 …

As many as 58 million jobs have been added between 2019 and 2022, recent data published by National Sample Survey Office (NSSO) showed, amid concerns over rising unemployment especially in …

The Indian economy will continue to grow as inflationary pressures ease, pushing real spending powers. A report by the global banking and financial service major ING said that India’s economy …

Raghuram Rajan, former Governor of the Reserve Bank of India (RBI) who also served as chief economic adviser under former Finance Minister P Chidambaram never fails to stir up a …

Prime Minister Narendra Modi on Monday inaugurated a slew of connectivity projects, including a brand-new airport, to turn Karnataka’s Shivamogga into a model city of New India. During his short …

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in 23 months thanks to lower food prices, especially vegetables. Prices …

India’s gross direct tax collections up to 10 February, 2023 stand at Rs 15.67 lakh crore — 24.09 per cent higher compared to the corresponding period in the previous financial …

India’s GDP will touch $26 trillion in market exchange terms by 2047-48 with a per capital income exceeding $15,000, a report released by EY said. The Narendra Modi government has already …

Higher procurement of rice and wheat especially in “relatively laggard” states such as Assam, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Uttar Pradesh, Uttarakhand and West Bengal has helped in bridging …

Shaktikanta Das, Governor, Reserve Bank of India has said India’s economic resilience continues to remain in tact though rising debt distress in South Asia is a cause for concern. In …

Modinomics appears to be working for India as the country has emerged as one of the fastest growing economies of the world while the inflation rate is much lower than …

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per cent, the country’s consumption pattern is once again picking up …

India’s growth rate Is expected to clock between 6.5 per cent and 7.1 per cent during the current financial year 2022-23, Deloitte said, adding that rising inflation and an anticipated …

The Indian economy is undergoing a structural transformation, as the country’s cash dominated economy is gradually turning into a digital economy driven by smart-phone lead payment economy, a report by …

India’s bank credit –an important indicator of economic activities—has remained robust. According to the Reserve Bank of India data released last week, credit to industry rose by 12.6 per cent …

India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP growth.  In October, the S&P Global purchasing managers’ index or …

The Centre’s gross revenue collection on account of goods and services tax (GST) for the month of October stood at Rs 1,51,718 crore a jump from Rs 1,47,686 crore collected …

Indian economic managers are unfazed by the revision of the country’s GDP growth projections. The International Monetary Fund (IMF) on Tuesday slashed India’s growth projection from the earlier 7.4 per …

Finance Minister Nirmala Sitharaman has said that India is likely to register a growth rate of about 7 per cent this financial year. The International Monetary Fund (IMF) has reduced …

Global investors are betting big on India despite rising challenges driven by geopolitical shifts notwithstanding the lowering of growth projections for the country by most agencies. Several business heads are …

Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after months of aggressive buying. Amid the global uncertainties, the RBI …