India Economy

News and Trends

India's Economy to Grow at 6.5% in FY26: Report

With a growing population and a shifting economic structure, India must boost spending on education and healthcare.

News and Trends

Country's Digital Infrastructure To Be Game Changing for Sectors and Capital Markets: Experts

The Indian startup ecosystem is expected to grow steadily in 2025 with more favourable conditions, regulatory support and an ever-increasing appetite for digital adoption.

News and Trends

World Bank Report Highlights Reforms Needed for India's Economic Ascent

The report suggests that ongoing efforts to enhance digital and physical infrastructure will yield efficiency gains, reducing ICOR across all scenarios, though the decline is most pronounced in the high-reform scenario

News and Trends

IMF Urges Deeper Structural Reforms to Strengthen India's Growth Outlook

As per the report, continued fiscal discipline will be crucial in rebuilding financial buffers, easing debt service, and ensuring macroeconomic stability.

News and Trends

How Fintechs Seized the Day at Mahakumbh

India's digital payment ecosystem has seen unprecedented growth, with UPI transactions surpassing 16 billion in December 2024. Maha Kumbh reflected this trend as pilgrims increasingly adopted cashless payment methods.

News and Trends

India's Private Sector Growth Hits Six-Month High in February: HSBC Flash PMI

While manufacturing output also improved, the PMI report dipped slightly from 57.7 in January to 57.1 in February due to competitive pressures. However, the manufacturing index remained well above its long-run average of 54.1, indicating continued expansion.

News and Trends

India's Forex Reserves Decline by $2.5 Billion After Three-Week Rise

Foreign currency assets (FCA), which constitute the largest share of the reserves, recorded a sharp fall of $4.515 billion, bringing the total down to $539.591 billion

News and Trends

Uttar Pradesh Leads MSME Growth: Report

The Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2022 offers significant incentives to encourage MSME growth, particularly in backward regions. Capital subsidies range from 10 per cent to 25 per cent, capped at INR four crore per unit, with additional benefits for SC/ST and women entrepreneurs.

News and Trends

India's Pharma Exports To Reach $350 Billion by 2047: Report

The global pharmaceutical industry is valued at approximately $1.6 trillion, while India's market stands at $55 billion, projected to grow to $120-130 billion by 2030.

News and Trends

India Inc. Propels Investment to Over INR 32 Lakh Crore in Nine Months of FY25: SBI Report

From approximately INR 10 lakh crore in FY21, investment commitments have steadily climbed, exceeding INR 37 lakh crore in FY23 and FY24 combined.

Technology

Why 2025 Will Be a Breakthrough Year for MSMEs in India's Digital Revolution

With the convergence of AI, cloud ecosystems, enhanced connectivity, and ethical data practices, 2025 represents a pivotal year for MSMEs in the digital sector. To remain competitive, MSMEs must embrace these technologies while fostering innovation and strategically aligning their operations with emerging trends.

News and Trends

India's Growth Slides From 8.2% to 6.4% in FY 24-25: Govt Report

Real GVA for FY 2024-25 is estimated to be INR 168.91 lakh crore, compared to INR 158.74 lakh crore in FY 2023-24, which implies a growth rate of 6.4 per cent. This is especially lower than the 7.2 percent real GVA growth achieved in the previous financial year.

News and Trends

Auto Retail Records 9.1% YoY Growth in CY24 Amid Headwinds: FADA

Growth was led by the two-wheeler (2W) segment up by 10.7 per cent, three-wheeler (3W) segment by 10.4 per cent, passenger vehicles (PV) increasing by 5.1 per cent, and tractors by 2.5 per cent

News and Trends

India's Poverty in Decline: SBI Report

The poverty line is now set at INR 1,632 for rural areas and INR 1,944 for urban areas, significantly higher than the INR 816 (rural) and INR 1,000 (urban) benchmarks established in 2011-12.

News and Trends

India's Exports Set to Cross $800 Billion: Piyush Goyal

In a move to bolster India's start-up ecosystem, the government is simplifying procedures for startups relocating their headquarters back to India.