Indian Economy

RBI holds repo rate unchanged in first monetary policy of FY25

The RBI’s Monetary Policy Committee kept the repo rate unchanged at 6.5%, signaling stability amid a complex economic landscape.

India’s economic triumph is defying sceptics

India’s recent economic performance has once again demonstrated its resilience and dynamism, with a remarkable GDP growth of 8.4% in the October-December quarter of 2023-24, marking the highest growth rate in six quarters. This stellar achievement has firmly established India as the fastest-growing major economy globally, outpacing economic powerhouses like China, the US, and the […]

BRICS next global superpower, India’s rise to benefit all: Zemedeneh Negatu on Ethiopia’s membership

NEW DELHI: Last year saw an unexpected development in geopolitics with the expansion of BRICS, as five new nations were welcomed into the fold: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. However, the invitation extended to Ethiopia was particularly surprising, given its status as an unconventional BRICS contender. Just before 2024, Fitch downgraded Ethiopia […]

Finance Minister lambasts UPA, Touts Modi govt’s economic achievements

In a debate over the 'White Paper on Indian Economy and its impact on the lives of people of India', Sitharaman asserted that Congress prioritised the family over the nation's welfare, leading to the infamous fragile five status of the economy.

India to be world’s third-largest economy: PM Modi guarantees

NEW DELHI: Prime Minister Narendra Modi, during a recent speech, ahead of the General Elections, restated his commitment to boost the Indian economy. Instead of specifying a figure, he expressed that in his third term, India would become the world’s third-largest economy. In Delhi, during his response to the Motion of Thanks on President Droupadi […]

India aims for $7 trillion economy by 2030: Finance Ministry report

NEW DELHI : India is poised to become the world’s third-largest economy with a GDP of $5 trillion within the next three years, and it aspires to reach $7 trillion by 2030, according to a report released by the finance ministry just ahead of the interim budget announcement. Chief Economic Adviser V Anantha Nageswaran emphasised […]

Indian economy at world’s high table

India has graduated to a higher position in the comity of nations in recent days. Global financial firm Morgan Stanley has upgraded India as an investment destination while downgrading China. This comes on the heels of leading credit rating agency, Fitch Ratings actually downgrading the credit rating of the world’s biggest economy, the United States. […]

Benefits of internal migration far outweigh its negative impact: SBI

Interstate migration of labour is not a zero sum game, it observes.

India’s per capita income slated to reach ₹15L from ₹2L: SBI

This surge is anticipated to boost the share of the taxable workforce to an impressive 85.3%, a stark rise from the current 22.4%.

Congress MP Naseer Hussain says BJP is not able to give answer to rising unemployment, poverty

Congress MP Syed Naseer Hussain says unemployment has rises to 8 percent in India, and poverty is also on the rise but the centre is not giving any answers on this in the parliament winter session.