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
Contrary to initial forecasts, maize has overtaken sugarcane as the primary source of ethanol. It’s pushed up acreage under the crop but returns to farmers haven’t been commensurate. This situation should catalyse policy makers to revisit their package of incentives
US President Donald Trump has extended the scope of his anti-migrant policy, leveraging a shooting incident. Whether it will do any economic good for the US is questionable
Changes to the liability and damage legislation are essential to truly open up India’s nuclear energy sector
PM Modi’s vision of India as an economic superpower is no longer aspirational rhetoric; it is unfolding in real time, in data, and in measurable national capacity.
India is redirecting exports to Asia, the EU and the Middle East as steep US tariffs hit shipments, with high-value sectors adapting faster than MSMEs, data shows.
The detailed aspects of data frequency, timeliness, and granularity demonstrate India's comparatively robust statistical infrastructure. The IMF rating is not a judgment to warrant the kind of triumphalism or despair that has characterized some of the reactions.
The Gujarat government is organising this 'padyatra' (foot march) from Karamsad to the Statue of Unity in the Narmada district of the state to commemorate the birth anniversary.
India's economy just posted growth in Q2 that beat every forecast, but the real story is messier than the headline
To counter external headwinds, the space for further fiscal stimulus is limited. Monetary stimulus space has become available on the back of subdued inflation
A stunning growth rate of 8.0% in the first half of the year, despite global headwinds, higher US tariffs on Indian exports, and volatility in capital flows, highlights the underlying strength of robust private consumption and investment