As a long-pending free trade agreement heads for signature, years of negotiations show where New Delhi and Brussels held their ground — and what each side hopes to gain.
Centre looks to deepen power distribution reforms despite early financial turnaround at discoms.
India’s thermal share set to fall below 70% as demand cools, renewables surge.
Union power minister Manohar Lal Khattar said the sector is emerging as one of the largest long-term investment opportunities as electricity demand rises alongside economic growth.
At Rs 89.5 to a dollar, Goldman Sachs’ estimate for the rupee at the end of March, the economy is expected to end FY26 at about the $4 trillion mark.
While addressing WAVES 2025 in Mumbai, Prime Minister Narendra Modi on Thursday said the event is a wave of culture, creativity and universal connection. He urged the youth to tell their "1 billion untold stories to the world". The PM said India, with a billion-plus population, is also a "land of a billion-plus stories". "When the world is looking for new ways of storytelling, India has a history of stories which is timeless and thought-provoking. And it is not just about culture, it is about science, sports and more. This treasure should be taken to the world and it is the responsibility of the WAVE platform," he said. According to PM Modi, foreign audiences are watching Indian content through subtitles. "Over-The-Top platform has grown significantly. Screen size is small but the scope is huge. Screen is micro but growth is significant," said the PM.
SEBI Chairman Tuhin Kanta Pandey speaks exclusively to Moneycontrol on the regulatory changes ahead – FPI Mood, MF TER, F&O and Much More. Watch this space for more details.
The Union Budget 2025 is set to be presented by Finance Minister Nirmala Sitharaman. The Budget is likely to focus on changes in the income tax structure and improving the ease of doing business in India among other things. Interestingly, this will be Sitharaman’s seventh Budget presentation with five full term ones and one interim budget presented earlier this year.
In his book India@100, Subramanian envisions India becoming a $55 trillion economy. To reach that goal, he stressed the importance of boosting manufacturing sector growth, as this is critical for job creation and inclusive growth.
A CNBC-TV18 poll saw the Q2 GDP growth at 6.5%, which itself seemed pessimistic compared with the RBI forecast of 6.8%. And RBI's downgrade to 6.8% is only a month old. As recently as Oct 9, during the monetary policy announcement, the central bank was confident of a 7% growth in the second quarter.
Addressing an event in Delhi, she said the Indian economy had been demonstrating resilience in the face of geopolitical challenges and the country's economy was likely to grow tenfold by 2047.
#Sanghnomics: Samyak Vikas or right development means fulfilling physical and psychological needs and leading towards the spiritual fulfilment individually. The goal is to move to a happy, contented, prosperous society leading to the common weal
Chachra also believes that with India's robust fiscal dynamics, Modi 3.0 will have room for targeted spending, further supporting growth initiatives.
In the report "Thoughts from the road", KKR's Henry H. McVey flagged possibilities of India’s superior economic growth, greater capital appreciation of the public markets than peers, and value creation across private investments
India's CEOs are much more confident of their businesses than global counterparts about the next 12 months, shows PwC survey
A consistent 30 lakh fresh additions every month since July has driven the SIP registrations for FY24 above the the combined figure for FY23 and FY22, according to the Association of Mutual Funds in India (AMFI)
Prominent figures such as Deepak Parekh, Narayana Murthy, Uday Kotak, and Kiran Mazumdar, among others, expressed their unwavering optimism about India's trajectory and future prospects.
Shah hopes that the incoming 2024 Budget would live up to the excellent standards set by the previous two, which placed a strong focus on infrastructure, expansion of industrial capacity through PLI schemes, and improvement of the business climate
India's thriving economy has investors questioning its sustainability, but Morgan Stanley remains optimistic, citing strong data and performance.
India's digital public infrastructure like Aadhaar, the unified payments interface, digilocker, and others are transforming the country's multiple informal sector economies into one mega economy, Infosys Chairman and Aadhaar founder Nandan Nilekani said on August 27. The veteran technology executive said that while the world is dealing with balancing innovation and regulation, India has already achieved a balance through a participatory model of data governance and architecture. He also highlighted on how data footprint, known as data capital can be utilised to help citizen move ahead. Watch.
PM Modi recently announced that India will become the third largest economy in the world. Moneycontrol’s Shweta Punj caught up with Nilesh Shah of Kotak and Indranil Sengupta of CLSA to understand if that’s a possible and what will it take for India to get there. The consensus is that India will become the third largest economy in the world even if it continues to grow at the current rate of 6-6.5%. But per capita income growth will take more time. Tune in.
International Monetary Fund on Tuesday lowered its growth projection for India to 5.9 percent from 6.1 percent for FY24. However, despite a significant drop, India continues to be the fastest-growing economy in the world, the World Economic Outlook figures revealed. IMF division chief Daniel Leigh reposed faith in the Indian economy and said that it is a “very strong economy”. He added that India is one of the bright spots in the global economy right now with a high growth rate. The latest growth forecast by the multilateral agency is significantly lower than the Reserve Bank of India's (RBI) projection of 6.5 percent. Watch to know more.
India’s normal monsoon conditions could get disrupted in 2023 and that’s because of a weather phenomenon known as El Nino. It’s not just the monsoon that will be impacted, we might also have to see rising food and electricity prices this summer. How does El Nino impact the weather and the economy? We explain all about it in this video. Watch!
Ray Dalio, the billionaire founder of the world's largest hedge fund Bridgewater Associates, is super bullish on India, says the country is set to record the highest growth in the coming years. Addressing the World Government Summit 2023 in Dubai, Ray Dalio ranked India high up during a session titled ‘Governments and Changing World Order’. “India has a bright future. From the last 10 years of study and based on what we are seeing for the country, India will have the greatest and fastest growth rate. This country will see the biggest transformation among the rest of the countries of the world,” Dalio explained. Watch to know more!
Gross domestic product will grow 7% in the fiscal year ending March, according to the first official estimate released by the Statistics Ministry on Friday.