INDIAN ECONOMy

India’s business and consumption activity showed conflicting signs of recovery in July as elevated inflation, rising borrowing costs and fears of a global slowdown weighed on Asia’s third-largest economy. Demand for Indian goods and…

States' revenue growth will slide to 7-9 per cent in FY23 even as handsome GST collections will help in the accretion, a report said on Wednesday. The revenue growth had galloped 25 per cent in FY22 courtesy a lower base in the…

India's GDP growth in the first quarter of the current fiscal is expected to grow in double digits at 13% owing to a low base and robust recovery in the contact-intensive sectors following the widening vaccination coverage, as per an…

India's GDP is expected to be much higher in Q1FY23 and growth is expected around 15.7 per cent with a large possibility of an upward bias because several indicators have shown good progress in the Indian economy, as per the latest SBI…

Prime Minister Narendra Modi, from the ramparts of the Red Fort on the eve of the 76th Independence Day, called for turning India into a developed nation in the next 25 years. The PM set an ambitious target of making India a developed…

(This story originally appeared in on Aug 15, 2022)India toppled massive challenges ever since its independence to become the 6th largest economy in the world today. At $3.17 trillion, Indian economy is ranked behind the United States,…

Inflation in July may have eased from multi month highs, but that still may not be a cause for celebration as core inflation remains high at 6%. This may prompt the central bank raise repo rate as much as 35 basis points, Nomura…

Seventy-five years ago today, India embarked on its remarkable journey as a free country. Across this considerable expanse of time, we have accomplished much. In terms of purchasing power parity, India is the world's third-largest…

South Korea transitioned to a knowledge economy in about 15 years. The short answer then is yes, India can also transform into a knowledge economy by 2047. The hitch: India ranked a lowly 97 out of 154 countries in the UNDP’s Global…

Do freebies end up hurting the economy? Earlier this week, Prime Minister Modi had said freebies handed out by states are not in the interest of the taxpayers and set the nation back. Swaminathan Aiyar says the onus lies with the parties…