india economy

Mumbai, March 4 German development finance institution DEG and Citi announced on Thursday providing a USD 76-million co-financing package to Shriram Finance Ltd, aimed at accelerating economic inclusion, rural development, and climate-aligned mobility across India.Under this, DEG (Deutsche...

Mumbai, March 4 Indian government bond yields rose to nearly a three-week high on Wednesday afternoon, tracking a sharp increase in global crude oil prices amid escalating tensions in the Middle East.The yield on the benchmark 10-year government security rose to 6.7112 percent, its highest...

Mumbai, March 4 The benchmark stock market indices, Sensex and Nifty, experienced significant losses on Wednesday, in line with the weak trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.Continuing its sharp fall from the previous session, the 30-share BSE...

New Delhi, March 4 India's services sector growth moderated slightly in February as new order growth slowed to a 13-month low amid slower improvement in demand and a pick-up in inflation, a monthly survey said on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index...

Minister of Chemicals and Fertilizers, Jagat Prakash Nadda, stated that the budgetary allocation of 13 thousand crore rupees for BioPharma SHAKTI and three dedicated Chemical Parks is a strategic investment in India's future. Speaking at the post-Budget webinar on the theme "Sustaining and...

Prime Minister Narendra Modi stated that India remains a beacon of hope for the world due to its strong economy. He said that as India emerges as a beacon of hope, rapid economic development has become essential for achieving the vision of "Viksit Bharat" (Developed India).Speaking in a...

Mumbai, March 2 India's current account deficit (CAD) increased to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter, compared to USD 11.3 billion (1.1 per cent of GDP) in the previous year, mainly due to a larger trade deficit, according to data released by the Reserve Bank of...

New Delhi, March 2 India and Canada have agreed to expand their bilateral trade to USD 50 billion by 2030, Prime Minister Narendra Modi said on Monday.Bilateral trade between the two countries stood at around USD 8 billion during the January-October period of 2025."We want to take our...

New Delhi, March 2 India's industrial production growth slowed to a three-month low of 4.8 per cent in January, driven by weak performance in the mining and manufacturing sectors, according to official data released on Monday.Factory output, measured by the Index of Industrial Production...

New Delhi, March 2 India's manufacturing sector activity growth jumped to a four-month high of 56.9 in February, supported by substantial improvement in domestic demand even as growth in new export orders witnessed a decline, a monthly survey said on Monday.The seasonally adjusted HSBC India...

March 01, New Delhi – Union Minister Ashwini Vaishnaw addressed the Gujarat SemiConnect Conference 2026 in Gandhinagar, calling it a historic milestone for India's journey in the semiconductor industry.The Cabinet Minister highlighted that the Prime Minister inaugurated the country's first...

New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...

New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...

New Delhi, February 27 The economic growth projection for the next fiscal year has been revised upwards by 20 basis points to 7-7.4 per cent following the release of a new GDP series, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...

New Delhi, February 27 India's economy grew by 7.8 per cent during the October-December quarter of 2025-26, up from 7.4 per cent a year ago, according to the new series of national accounts with 2022-23 as the base year.The Ministry of Statistics and Programme Implementation (MoSPI) released...

New Delhi, February 27 The postponement of Natarajan Chandrasekaran's reappointment for a third term as Chairman of Tata Sons has raised questions about the unanimous resolution passed last year by the trustees of Tata Trusts, which recommended an extension of his tenure, according to industry...

Mumbai, February 26 Seeking to address concerns about job losses in the Indian IT sector due to the emergence of artificial intelligence (AI), Commerce and Industry Minister Piyush Goyal has expressed confidence that the new technology would actually enhance opportunities for Indian businesses...

Kolkata, February 25 Sanjeev Sanyal, a member of the Prime Minister's Economic Advisory Council, said on Wednesday that India has managed to sustain growth of 7-7.5 per cent while maintaining macroeconomic stability despite global uncertainties, while asserting that sequential growth with...

New Delhi, February 25 Sebi Chairman Tuhin Kanta Pandey said on Wednesday that technology, including artificial intelligence, will play an increasingly important role in strengthening surveillance, enhancing transparency, and deepening investor awareness.Addressing global and domestic...

New Delhi, February 25 Smartphones have become India's top export category, with overseas shipments worth $30 billion expected in 2025, Union Electronics and IT Minister Ashwini Vaishnaw said on Wednesday.The minister shared the development in a social media post."Becoming the world's...