On the inflation front, OECD noted that retail inflation may eventually converge towards the 4% target
UP is planning an AI City in Lucknow, Awasthi said, to be developed through a public–private partnership model.
Electronics, speciality chemicals and machinery components offset part of the decline even as labour-intensive sectors struggle
OECD continues to predict global growth will slow to 2.9% in 2026 from 3.2% in 2025 as the full effects of levies on trade have yet to be felt.
Private sector profitability and a wave of AI success stories have created a sense in the market that the lending boom will continue for a long time, said Rajan, a finance professor at the University of Chicago.
Moneycontrol Pro Panorama December 2 edition: RBI's liquidity measures clearer than rate cuts, revised tax regime could impact ITC investors, EPC firms face deteriorating working capital, new AI equation and India’s role in shaping the future and more
He also said the proposed trade pacts with the US and the European Union (EU) are among the key pacts that Indian industry is keenly awaiting.
Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time.
Tax transparency must be seen as more than a compliance measure, the finance minister has said, describing it as 'foundation of sustainable development and fiscal resilience'
Nomura's note citing the 14-low momentum in India's industrial production adds a layer of caution amid the strong GDP figures and GST relief. The increasing pressure from Trump tariffs is overshadowing the respite expected from the recent tax cuts.
The need of the hour is not a debatable rate cut but a fix for liquidity
These proposed reforms come in the backdrop of India's second quarter GDP growth hitting top gear clocking 8.2% in the July-September period.
The government aims to identify methodological gaps, address data discrepancies and improve India’s standing in international rankings
The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago.
There was good news on the UPI front, with transactions staying above 20 billion for a second straight month
Gross domestic GST revenue sees negative growth of 2.3%, gross import revenue rises over 10%
The salubrious effects of low inflation brought succor to consumers along with lower taxes leaving more money in their pockets to spend.
A stronger-than-expected 8.2% Q2 print has led forecasters to sharply upgrade growth projections for the full year
The increase in industrial production contrasts with the performance of core industries, where growth fell to a 14-month low of 0 percent
The growth rate in GST revenue at 0.7 percent was the slowest since the pandemic, provisional data showed
Moneycontrol Pro Panorama December 1 edition: Trump’s intensified immigration policy faces hurdles, a blowout Q2 GDP print makes it a close call on rates for the RBI, Cognizant’s rebound worries Indian IT, gold loans rise from distress to mainstream, and more
The pace of expansion stayed strong in November, with UPI transaction volumes rising 32.2% YoY, a three-month high, and value 22.1%
Other mid-sized banks – including Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI) and Bank of Maharashtra (BoM) – are expected to be absorbed by SBI, PNB or BoB.
A generational opportunity in otherwise bubbly markets
Despite the moderation, the index remains firmly in expansion territory and above its long-run average