India Growth

Hardware is hard but software is harder — India has built the hardware. Now the country must focus on the software – the people, their skills, their health and education, the economist tells Moneycontrol

FM Sitharaman flags AI talent gap as hurdle to productivity-driven growth

India needs to bump up the growth rate to 8 percent to become Viksit Bharat and AI can give a boost to both productivity and innovation, NITI Aayog CEO BVR Subrahmanyam has said

Maintaining India’s growth is the topmost priority, says FM Sitharaman

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

Billionaire Boom: India’s Richest Get Richer in 2025’s First Half

Despite global jitters and volatile markets, India’s billionaire club got richer in the first half of 2025 — with a few names soaring against the odds. Leading the surge is Nagpur-based billionaire Satyanarayan Nuwal, chairman of Solar Industries. His net worth shot up by a staggering 78%, reaching $7.9 billion, driven by a defense order book worth ₹17,000 crore and a stock rally of 81% this year.

India sustaining status as fastest-growing economy for fourth consecutive year: FM Sitharaman

Sitharaman said the economy’s momentum had stayed strong despite global volatility and scepticism.

Conditions ‘steady’ for growth in Q1FY26, backed by economic momentum, says CEA Nageswaran

CEA Nageswaran said manufacturing continues to face global challenges but pointed to domestic policy support aimed at reversing the trend.

India’s 6.3-6.8% GDP growth estimate for FY26 not a slowdown, says CEA

India’s current growth rate is reflective of these external conditions rather than a domestic economic slowdown.

Rigid growth rate not necessary for Viksit Bharat by 2047: CEA

'Global real economic activity has been declining. There is a slowdown. However, India remains the fastest-growing among large economies of the world, Nageswaran stated

CNBC-TV18 Global Leadership Summit: Piyush Goyal Urges RBI to Cut Rates, Predicts Inflation Drop

Union Commerce Minister Piyush Goyal urged the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation shouldn’t drive this decision. He clarified that this was his personal view, not the government's stance. Goyal expects inflation to drop by December, noting that the Modi government has maintained historically low inflation levels. Addressing recent foreign investor exits, he advised a long-term investment perspective. India’s retail inflation rose to a 14-month high of 6.21% in October, exceeding RBI’s 2%-6% target. The RBI, cautious about inflation risks, recently kept its repo rate at 6.5%, citing potential economic risks.

Why the India growth story needs more white collar jobs

Blue collar jobs are good for sustenance and basic consumption, but it is the white collar workers who end up becoming savers and discretionary spenders

India’s growth likely to be closer to 7.5% in FY25: NCAER DG Poonam Gupta

Budget guidance on fiscal restraint is likely to keep the economy in good stead.

FY25 GDP growth estimate at 6.5-7% is prudent, not pessimistic: CEA

We would rather be pleasantly surprised than be forced to face disappointment which is why we are projecting a GDP growth rate of 6.5-7 percent, said the CEA.

Economic Survey projects conservative growth forecast for FY25, but leaves jobs and private investment puzzle unanswered

India’s GDP level is at the pre-pandemic trajectory, the Economic Survey reveals. It means that the speed of the GDP expansion has ensured no permanent loss in output and demand. Though, employment remains a crucial link between growth and prosperity

MC-Deloitte CEO Survey: India Inc expects Modi govt to present blockbuster budget

An exclusive Moneycontrol-Deloitte survey of 78 CEOs/CXOs shows strong optimism about government reforms, with 80 percent expressing confidence in India's economic growth trajectory

India bankers brace for IPO surge as election uncertainty lifts

With the end of elections lifting any potential uncertainty around policy, companies are poised to seize on India’s strong prospects and capitalize on the window of opportunity.

India's expanding enterprise base, technical innovation capabilities great fit for us: Red Hat CEO Matt Hicks

AI will change and amplify the work being done, creating new opportunities, Hicks noted. The Red Hat CEO cautioned against complacency in the face of AI advancements, suggesting that those who resist technological change risk redundancy.

Modinomics 3.0 and beyond: the best is yet to come

If the last 20 years have been terrific for India, the next two decades will see four times the progress, says Jayant Sinha, Chairperson of the Parliamentary Standing Committee on Finance.

India Growth 2024: Macros, Budget expectations and GDP forecast | Sonal Varma Exclusive | LIVE

India’s GDP growth has been way stronger than expected in Q2 while India continues to be the fastest growing large economy in the world. Can the growth momentum continue? The domestic and global factors that will determine India’s growth in FY25, and what to expect in the upcoming budget from the Finance Minster to ensure the economy remains firmly on the growth path? Sonal Varma, chief economist and managing director, India and Asia (Ex-Japan), Nomura shares her take.

Standout performer: What global rating agencies said about India in 2023

According to experts, the country emerged as a standout performer and is poised to become the third-largest economy in this decade. The agencies are upbeat about the India growth story

India can grow at more than 7% in FY24: Neelkanth Mishra, PM-EAC member

Mishra says India is still behind its pre-pandemic growth estimate roadmap, and more work needs to be done on the labour and capital expenditure front in order to achieve it.

Optimistic India growth story: Here's what Deepak Parekh, Narayana Murthy, Uday Kotak and Kiran Mazumdar have to say

At the India Business Leader Awards held on December 2, 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.

India’s breakneck GDP growth rate risks losing momentum as rural demand continues to falter

Data shows weakness in the consumption story. Private final consumption expenditure was a let-down as growth nearly halved to 3.1% in Q2, from 6% in Q1. Another disappointment was the agriculture sector that grew a mere 1.2%, its slowest expansion in four and a half years.

Q2 GDP: Broad-based recovery across sectors supported high growth, says India Inc

India Q2 GDP: Economists pointed out that the strong growth of 7.6 percent was almost entirely driven by investments and fiscal spending, with private consumption growth remaining weak

Former BP CEO Bob Dudley says oil price tied to China's growth, expresses 'surprise' at Bernard Looney's abrupt exit

Former BP CEO Bob Dudley asserts that the future of oil prices is closely linked to China's economic path and conveys his astonishment at the sudden resignation of Bernard Looney.

B20 Summit: India to be a single mega economy due to digital infrastructure, says Infosys chairman

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.