Tag: India Economy
India placed better in economy despite global challenges, says FM Sitharaman
India is in a stronger economic position despite challenges facing the world, Union Finance Minister Nirmala Sitharaman said on Wednesday, while calling for a more…
India’s wholesale inflation accelerates to 9.92% in August from 9.78% in July
India’s wholesale inflation edged up to 9.92% in August from 9.78% in July, government data showed on Monday, hovering around 10% for a fourth straight…
India economy to regain its mojo, return to current account surplus: NITI Aayog’s Lahiri
New Delhi: NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday said the Indian economy has been doing reasonably well and that Asia’s third-largest economy…
India’s strong economic momentum continues despite global uncertainties, says Chief Economic Adviser
New Delhi: Chief economic adviser V Anantha Nageswaran Monday said the domestic economic momentum is very strong in the near term even as uncertainties remain…
Economy Stable Despite Global Turbulence; El Nino Risks Loom: Finance Ministry report
New Delhi: India’s economic activity, inflation and external position have remained “relatively stable” despite external risks, and the external sector remains well-positioned to absorb the…
India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shock
India’s gross domestic product (GDP) quickened to 7.8% in the first quarter of FY27, up from revised 6.9% in the same quarter last year, as…
Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investors
Washington: India today stands as the fastest-growing major economy in the world and offers a combination of scale, sustained growth, a young population, expanding consumption…
India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus
New Delhi: India could reach a $20 trillion economy by 2036 if it can raise underlying rupee growth to around 14.2 per cent and achieve…
Forex reserves soar to $707 billion, highest so far in current fiscal
Mumbai: India’s foreign exchange reserves rose $14.1 billion to $707 billion in the week ended August 7, the highest total reserves in this fiscal year….
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: Government
India was the world’s sixth-largest economy in 2025-26, with a nominal gross domestic product of $3.92 trillion, according to the International Monetary Fund’s April 2026…