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India’s economy

  • Economy

    India is now the fourth-largest economy, surpassing Japan

    by ANI May 26, 2025
    by ANI May 26, 2025

    In a matter of just less than three years, India has taken another stride, pipping Japan to become the fourth-largest economic powerhouse. In September 2022, India had surpassed the UK …

  • Economy

    Business community gives a thumbs up as BJP expands footprint after state elections

    by Mahua Venkatesh December 4, 2023
    by Mahua Venkatesh December 4, 2023

    The crucial state election results—seen by many as a precursor to the general elections slated for next year — will boost investors’ confidence. Several multinational companies that are either looking …

  • Economy

    India exercises financial sovereignty, refuses to pay for Russian oil in Chinese Yuan

    by Mahua Venkatesh October 24, 2023
    by Mahua Venkatesh October 24, 2023

    India, which has made it clear that it will not use Chinese yuan to purchase Russian oil, the domestic oil refiners are trying to resolve the payment mechanism at the …

  • Economy

    World Bank pegs India’s growth rate at 6.3% for 23-24

    by IN Bureau October 3, 2023
    by IN Bureau October 3, 2023

    The World Bank has pegged India’s growth rate at 6.3 per cent for 2023-24 notwithstanding the global headwinds. Even as this is lower than the 7.2 per cent growth rate …

  • Economy

    India’s GST revenue for September is at Rs 1.62 lakh crore, J&K registers 32% growth in collection

    by IN Bureau October 1, 2023
    by IN Bureau October 1, 2023

    India’s gross goods and service tax (GST) revenue in September stood at Rs 1,62,712 crore, a growth of 10 per cent. In the corresponding month last year, the GST collection …

  • Economy

    India’s economy grows at 7.8% during April-June, highest in four quarters

    by IN Bureau August 31, 2023
    by IN Bureau August 31, 2023

    Driven by the services sector, India has recorded a growth rate of 7.8 in the April-June quarter of the current financial year– the highest in four quarters. The GDP growth …

  • Economy

    Why push for infrastructure, robust demand will turn India into world’s growth engine

    by Mahua Venkatesh August 23, 2023
    by Mahua Venkatesh August 23, 2023

    Prime Minister Narendra Modi’s assertion at the BRICS Business Forum that India is poised to touch the 5 trillion economy mark very soon and that the country will be the …

  • Economy

    PM Modi pledges resolute steps to fight inflation in his Independence Day address

    by IN Bureau August 15, 2023
    by IN Bureau August 15, 2023

    Prime Minister Narendra Modi, while addressing the nation on the 77th Independence Day speech, took the opportunity to take up the issue of inflation head on. Official data released just …

  • Economy

    India’s federal model powers growth as states compete to grab investments

    by Mahua Venkatesh August 11, 2023
    by Mahua Venkatesh August 11, 2023

    Barely 20 years ago, Gujarat was the only state in India that organised regular investment summits under the Vibrant Gujarat brand. A trend, started by Prime Minister Narendra Modi in …

  • Economy

    MNCs and their India strategy: What’s in store?

    by StratNews Global August 4, 2023
    by StratNews Global August 4, 2023

    A recent paper published in the Harvard Business Review, flags India’s growing importance as a consumer economy. In this backdrop, the paper co-authored by three professors asks a very blunt …

  • Economy

    India’s growth in factory output yields ‘solid’ job creation

    by Mahua Venkatesh August 2, 2023
    by Mahua Venkatesh August 2, 2023

    India’s manufacturing sector continues to be robust. As India’s score stood at 57.7 on the S&P Global Purchasing Managers Index (PMI) for July, it marked the 25th straight monthly growth …

  • Economy

    How rural India is going through a quiet transformation away from media glare

    by Mahua Venkatesh July 24, 2023
    by Mahua Venkatesh July 24, 2023

    Why is the demand for tractors or other fast moving consumer goods increasing despite a patchy and uneven monsoon? A surge in government spending especially with a focus on infrastructure …

  • Economy

    Cabinet nod for commercial mining aimed at making India ‘mineral secure’

    by IN Bureau July 13, 2023
    by IN Bureau July 13, 2023

    As India aims to ramp up manufacturing of electric vehicles (EVs) and batteries through Production Linked Incentive (PLI) schemes, the Cabinet nod to amend the Mines and Minerals (Development and …

  • Economy

    Goldman Sachs visualises India as world’s second largest economy by 2075

    by Mahua Venkatesh July 10, 2023
    by Mahua Venkatesh July 10, 2023

    India, which is now the world’s most populated country, is all set to ride high on its demographic dividend at a time when China’s worries over an ageing population are …

  • Economy

    India’s sowing of kharif crops on course despite concerns over monsoon

    by Mahua Venkatesh June 5, 2023
    by Mahua Venkatesh June 5, 2023

    Sowing of crops during the Kharif season, which begins in June, is expected to be normal even as concerns over a possible El Nino situation this year have risen. Agriculture …

  • Economy

    Beating expectations India grows at 7.2% in 2022-23, records higher growth rate than China for 2 consecutive years

    by Mahua Venkatesh May 31, 2023
    by Mahua Venkatesh May 31, 2023

    India’s economy grew at 7.2 per cent in 2022-23 driven by an expansion in the services sector and investments. Beating expectations, the country registered a GDP growth rate of 6.1 …

  • Economy

    Has Apple’s boss Tim Cook just opened pathway for big corporates to pour into India?

    by Mahua Venkatesh May 7, 2023
    by Mahua Venkatesh May 7, 2023

    Will Apple Inc’s top boss Tim Cook’s India visit drive more multinationals to look at expanding operations in the country? Cook during his visit to India last month launched two …

  • Economy

    India emerges global leader in Services Index ahead of China

    by Mahua Venkatesh May 5, 2023
    by Mahua Venkatesh May 5, 2023

    India has begun the new financial year on a positive note, registering healthy growth in both manufacturing and services sectors. With an S&P Purchasing Managers’ Index for the services sector …

  • Economy

    No longer a mute spectator, India is taking on biased international rating agencies—Sanjeev Sanyal

    by Mahua Venkatesh April 25, 2023
    by Mahua Venkatesh April 25, 2023

    Global rating agencies have clear biases against India, Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister (EAC-PM) tells India Narrative in an interview. While speaking on …

  • Economy

    Indian is still among world’s fastest growing economies, says World Bank

    by Mahua Venkatesh April 4, 2023
    by Mahua Venkatesh April 4, 2023

    Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has said. The report noted that despite rising global challenges, which …

  • Economy

    UP budget focuses big on infra, women and youth in quest for $1 trillion economy

    by Mahua Venkatesh February 22, 2023
    by Mahua Venkatesh February 22, 2023

    Close on the heels of the Uttar Pradesh Global Investors Summit and state Chief Minister Yogi Adityanath promising to touch the $1 trillion mark economy in the next five years, …

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