Tag: India Economy
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…
Fitch affirms India’s ‘BBB-‘ credit rating with stable outlook
Fitch Ratings on Tuesday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said the domestic economy remains strong, despite headwinds from the…
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI
New Delhi, Fitch Group company BMI on Tuesday projected India’s growth to slow to 6.6 per cent in the current fiscal as the boost to…
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert says
Mumbai: As Washington tightens the screws over Russian crude imports, India’s macroeconomic stability remains remarkably well-insulated, according to Anindya Banerjee, Head of Commodity and Currency…
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
India’s forex reserves rise by $6.1 billion to $682.35 billion as of July 24
India’s foreign exchange reserves increased by $6.1 billion to $682.35 billion in the week ended July 24, according to data released by the Reserve Bank…
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India’s industrial output accelerated to 7.3% year-on-year in June 2026, up from a revised growth of 5.1% in May, driven by a sharp expansion in…