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India’s large informal sector, a low female work participation and the new users’ propensity to spend less could limit UPI’s future growth, say experts
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The collections were lower than the Rs 1.96 lakh crore garnered in July, but remained above the Rs 1.8 lakh crore mark for the eighth consecutive month
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The services sector proved to be the backbone of the recovery, expanding 9.3 percent in Q1FY26, a two-year high
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Services sector posts two-year high; consumption and rural demand provide support
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Although collections remained above Rs 1.8 lakh crore for a seventh consecutive month, they were lower than the Rs 2.1 lakh crore average achieved in the first quarter of FY26
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July marks second consecutive month with PMI above 58, signalling robust industrial momentum despite global headwinds
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Revised projection aligns with RBI’s estimate; IMF warns of downside risks from tariffs and geopolitical tensions
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Core sector weakness and coal contraction weigh on quarterly industrial output
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FM lists top three policy priorities: sustaining growth, amplifying Global South's voice, and building inclusive economic ecosystems; flags public capex and FDI as key levers amid global uncertainty
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The ratings agency lowered its forecast for the year to 6.3 percent from 6.6 percent expected earlier
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India’s composite PMI rose sharply to a 14-month high of 61.0 in June, from 59.3 in May, driven by strong growth in both manufacturing (58.4) and services (60.7).
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The Buck Moon goes by many other names across cultures. Some Native American tribes call it the Thunder Moon, reflecting the frequent summer thunderstorms in July.
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The decline corresponds with a dip in core sector performance. Core sector growth slumped to a nine-month low of 0.7 percent in May from 1 percent in the previous month
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Women had a higher unemployment rate compared with men at 5.7 percent, up from 5 percent in the previous month
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The multilateral institution was more optimistic about the coming year, as it projected the economy to grow 6.5 percent in FY26 and 6.7 percent in FY27 on the back of robust services activity leading to higher exports
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The SBI Research note comes days after the World said extreme poverty in India dipped to 5.2 percent in 2022-23 from 27.1 percent nearly a decade ago
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MPC meeting: This marks a reversal from the committee’s April stance when it adopted an 'accommodative' approach to prioritise growth
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The divergence in financial health, market expansion and profitability metrics underscores a widening gap in sector dynamics, an ICRA report says
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The performance of services contrasts with the manufacturing sector, which dipped to a three-month low of 57.6 for the month
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The OECD’s latest Economic Outlook paints a mixed picture for the global economy, projecting slower growth and rising uncertainty. While the US is set to cool off sharply, India manages to hold its ground
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On the inflation front, OECD was more optimistic projecting 4.1 percent inflation in FY26 and 4 percent the following year
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May marks the first decline in the HSBC India Manufacturing Purchasing Managers' Index since US President Donald Trump imposed tariffs on April 2.
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Moneycontrol analysis shows that construction share in the economy reached a 12 year high of 8.4 percent, helped by 9.4 percent growth in FY25
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The number is more than the median Moneycontrol poll conducted earlier this week, which had pegged growth at 6.9 percent for the January-March quarter and 6.3 percent for FY25
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It’s time to ask whether behavioural science can tackle big problems
