Economy

Asian Development Bank lowers India's growth forecast to 6.5% for FY25

The multilateral funding agency also revised downwards its forecast for the next financial year (FY26) to 7 per cent from 7.2 per cent estimated earlier

Reducing debt burden priority for next decade, says FM Sitharaman

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra

A rate cut will not be possible for the next 13-14 months due to the inflation outlook, said Mishra, who is also a part-time member of the PM's Economic Advisory Council

Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks

Yogi 2.0 to offer 30% subsidy on investments of Rs 1,000 crore

Maritime sector key to India's vision of 3rd largest economy: VP Dhankhar

Addressing the participants, including delegates from 11 countries, he further said that modern India has a 7,500 km coastline, 13 major ports, and 200 non-major ports that establish it as an

Need to differentiate between financial, non-financial regulation: CEA

In financial sector, regulators have the tendency to lean towards excessive regulations, as if things go wrong in this sector the state is expected to bail out and the effects are systemic

ADB cuts India FY25 GDP growth forecast to 6.5%, 7% in FY26 on weak demand

Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia

E-commerce: A sunrise sector, purveyor of India's economic growth

In a recent report, Deloitte projected India's e-commerce CAGR to be 21 per cent, expected to reach $325 billion by 2030

Here's how India is sacrificing its growth and why it needs to stop

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Packing and labelling imported goods don't confer Indian-origin status

The balances in the RVAs are built through inward remittances in freely convertible currencies

NSO to kickstart next edition of 'Debt and Investment Survey' in 2026

In rural India, 17.8 per cent households were indebted to institutional credit agencies against 14.5 per cent households in urban India

India set for resilient growth in 2025 driven by urban consumption: S&P

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

WTO: India for 'per capita distribution of subsidies' criteria for fishers

India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations

Ajay Seth gets additional charge of revenue as Malhotra becomes RBI guv

His appointment comes at a time when the Goods and Services Tax Council meeting is scheduled for December 21 in Jaisalmer

Rupee hits new low of 84.85 per dollar a day after RBI guv's appointment

Foreign exchange market participants said that state-owned banks sold dollars on behalf of the RBI at 84.85 per dollar to prevent further depreciation of the exchange rate

TN faring better in contribution to Indian economy, GSDP up by 14%: CAG

The state's own tax revenue constituted a major part of the revenue receipts to almost 62 per cent

Will do what is best for economy, says incoming RBI guv Sanjay Malhotra

Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth

India's electronics ambition faces hurdles, but there is a plan of action

What India needs is to replicate the Apple Inc model and get global giants to build scale in the country by focusing on not only the domestic market but also exports

Rate cut bets rise post new RBI chief appointment, nudge bond yields down

Malhotra's appointment comes as economic growth has slowed and inflation has risen

Soaring govt debt to destabilise financial markets in 2025, says BIS

Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions