Topic
economic growth
Business India Government Sees GDP Momentum Intact, No Extra Borrowing Needed Despite Middle East Crisis
The Indian government remains confident in its growth outlook despite rising fuel and fertiliser import costs from the Middle East crisis, with sources saying GDP momentum is intact and no additional borrowing is needed. The government targets a fiscal deficit of 4.3% of GDP for FY27 and plans to reassess macroeconomic conditions in July after Q1 growth data.
Trade TOI Business Desk Profile: How the Team Covers Global Economic News for Readers
The TOI Business Desk is a team of journalists dedicated to providing the latest business news from around the globe. Their coverage spans industries, markets, economic trends, and exclusive reports, helping readers navigate the complexities of the business world.
Business Why the US economy keeps defying the odds: corporate investment and energy resilience drive outperformance
The US economy continues to grow at a steady pace despite global shocks such as trade tariffs, immigration changes, and Middle East conflict. Corporate capital expenditure remains high at 13.9% of GDP, productivity has risen, and energy independence from fracking has reduced vulnerability to oil price spikes. Cultural attitudes toward risk-taking and structural differences with Europe further explain the divergence.
Business Raghuram Rajan Questions India's Growth Data, Cites Weak Investment and FDI
Former RBI Governor Raghuram Rajan has questioned India's official economic growth figures, noting a persistent disconnect between headline GDP numbers and business behavior such as weak corporate investment and falling foreign direct investment. His remarks come as India reported 7.7% growth in FY 2025-26, but Rajan argues that investment decisions by companies suggest growth may be less robust. He also warns of risks from the Middle East conflict and rising oil prices.
Business India GDP Growth to Slow to 6.6% in FY27 on Weaker Consumption and Investments:
BMI forecasts India's economic growth will moderate to 6.6% in fiscal year 2026/27, a slowdown from the 7.7% recorded in FY26. The research firm attributes the deceleration to three factors: fading consumption boost from GST reforms, elevated inflation driven by the Strait of Hormuz disruption, and slowing investment growth. The rupee is expected to average 95.1/USD, supporting export competitiveness.
Logistics Rail Traffic Surge Signals Industrial Growth
Rail traffic has increased significantly, indicating a robust industrial economy. Rail carload traffic rose by 2.5% and intermodal traffic by 8% year-over-year, according to FreightWaves.
US Inflation Hits Three-Year High at 4.2%
US inflation has surged to a three-year high of 4.2%, primarily due to rising energy costs. This increase raises the likelihood of the Federal Reserve raising interest rates.
Business India Secures $843 Billion in FDI Over a Decade
India attracted $843 billion in foreign direct investment between 2014-15 and 2025-26, driven by initiatives like Make in India and the PLI Scheme. The country recorded $94.53 billion in FDI in 2025-26 alone, with significant contributions from the US.
Trade India's Growth Sustained by Strong Fundamentals: World Bank
The World Bank emphasizes India's robust economic fundamentals and strategic partnerships as key to sustaining growth despite geopolitical challenges. The food processing sector is identified as a promising area for expansion.
Business Fitch Lowers India's Growth Forecast Amid Middle East Crisis
Fitch Ratings has revised India's GDP growth forecast for FY27 to 6.4%, down from 6.7%, citing the impact of Middle East turmoil on consumer spending. The agency also noted the potential for improved conditions once the energy shock eases.
Business India's GDP Surges 7.8% in Q4 FY26, Outperforming Expectations
India's economy demonstrated robust growth in the fourth quarter of FY26, with GDP expanding by 7.8%, surpassing expectations. The full-year growth reached 7.7%, driven by strong performances in trade, hotels, and transport sectors.
Business India's Economic Growth to Lead the World for Two Decades: Goyal
India is poised to remain the world's fastest-growing economy for the next two decades, according to Piyush Goyal. The country's strategic trade agreements and manufacturing capabilities are key drivers of this growth.
Business OECD Forecasts India's Growth Amid Global Economic Challenges
The OECD forecasts India to achieve a growth rate of 6.3% in FY27 and 6.4% in FY28, despite global economic challenges. Fiscal and monetary policies are expected to adapt to inflationary pressures and energy price shocks.
Business India's GDP Growth Slows Amid Global Challenges
India's GDP growth is projected to have slowed to 7.2% in Q1 2026, impacted by weaker external demand and industrial activity. Despite challenges, India remains the fastest-growing major economy, with services growth expected to stay robust.
Trade India Eyes Economic Resilience Amid Global Trade Challenges
Prime Minister Narendra Modi chaired a meeting with the Economic Advisory Council to discuss strategies for bolstering India's economic growth amid global uncertainties. Key discussions included trade reforms and measures to attract foreign investment.
Trade India Aims for $30 Billion Seafood Export by 2031
India's Commerce Minister Piyush Goyal announced a target to increase seafood exports to $30 billion by 2031, emphasizing value addition and quality. The strategy includes leveraging free trade agreements and reducing raw shrimp imports.
Business India's GDP Grows 7.7% in FY26; RBI Lowers FY27 Forecast
India's GDP expanded by 7.7% in FY26, driven by strong investment and sectoral growth. However, the RBI has revised its FY27 growth forecast down to 6.6%, citing global economic challenges.
Business India to Surpass China in Global GDP Share by 2060
India is expected to surpass China in global GDP share by 2060, according to a report by the World Inequality Lab. The report highlights demographic shifts and economic trends that will reshape the global economic landscape.
Business India's GDP Growth Hits 7.7% in FY26, Modi Credits Reforms
India's GDP growth reached 7.7% in FY26, reflecting economic resilience and successful reforms. Prime Minister Narendra Modi attributes this growth to the hard work of 140 crore Indians and ongoing economic reforms.
Business India Eyes 7% Growth by FY28 Amid Economic Challenges
India's Chief Economic Adviser, V Anantha Nageswaran, projects a return to 7% GDP growth by FY28, contingent on macroeconomic stability and improved external conditions. This optimistic outlook follows the Reserve Bank of India's revised forecast of 6.6% growth for FY27.
Trade Global Investors Eye India for Long-Term Growth, Says Goyal
Union Commerce Minister Piyush Goyal highlights India's appeal to global investors at the Citi India Conference 2026. With nine free trade agreements in recent years, India is poised for sustained economic growth.
Business Industrial Output Growth Slows Amid Sectoral Challenges
India's industrial output growth decelerated to 4.9% in April 2026, down from 5.7% a year earlier, due to a contraction in the mining sector. Despite this, manufacturing and electricity generation showed resilience.
Manufacturing Factory Output Surges 4.9% in April, Manufacturing Expands 6.2%
India's industrial production rose by 4.9% in April 2026, driven by a 6.2% expansion in manufacturing. The new IIP series with a base year of 2022-23 reflects a more comprehensive industrial activity measure.
Commodities Natural Rubber Prices Steady Amid 3.4% Production Growth
India's natural rubber production increased by 3.4% in FY26, reaching 9.05 lakh tonnes. Favorable weather and government incentives supported this growth, while domestic prices showed stability.
Trade India, Canada Forge New Trade and Investment Forum
India and Canada have launched the Canada-India Trade and Investment Forum to enhance bilateral economic relations. The forum aims to foster commercial partnerships and expand cooperation in key sectors.