Topic
indian economy
Finance RBI: Improving Liquidity Supporting Robust Credit Growth Amid Global Uncertainties
The Reserve Bank of India's latest State of the Economy report states that improving liquidity conditions are supporting robust credit growth, even as India's external sector remains steady with an improving outlook aided by foreign investment inflows. The central bank noted that India has navigated external uncertainties well, underpinned by healthy demand and resilient industrial and services sectors. Retail inflation edged up to an 18-month high of 4.4% in June.
Business Resilient industrial and services sectors helped Indian economy sustain despite global pressures: RBI
The Reserve Bank of India (RBI) stated that the Indian economy has navigated global uncertainties well and remains among the fastest-growing major economies. Healthy domestic demand and resilient industrial and services sectors sustained momentum despite fragile geopolitics and supply-chain pressures. Foreign investment inflows recovered, while CPI inflation rose to an 18-month high of 4.4% in June.
Business India's Core Sector Grows 5% in June, Fastest in Five Months on Iron Ore Boost
India's expanded core sector grew 5% in June 2026, the fastest pace in five months, driven by a 43.9% surge in iron ore and 9.8% cement growth. Energy-intensive sectors such as crude oil, natural gas, and refinery products continued to contract, while fertiliser production fell for the fourth straight month. The data, based on a revised base year 2022-23, showed Q1 FY27 core sector expansion of 3.6%.
Business Pricing, Not Volume, Drives India Inc in Q1; Crisil Sees 11-11.5% Revenue Growth Despite Supply Disruptions
India Inc's Q1 FY27 corporate revenue is estimated to grow 11-11.5% according to Crisil, driven by pricing rather than volume, a reversal from the past two years. Resilient domestic demand allowed companies to pass on higher input costs, while supply disruptions from the West Asia conflict impacted exporters and construction. Operating profit margins are expected to contract 75-100 bps.
Business Indian Economy Shows Resilience Amid Global Headwinds: MoSPI Secretary Saurabh Garg Highlights Data-Driven Governance at National Statistics Day
Secretary of the Ministry of Statistics and Programme Implementation, Saurabh Garg, stated that the Indian economy continues to perform well despite global headwinds. Speaking at National Statistics Day, he highlighted the expansion of administrative data under Digital India and the importance of data-driven governance to achieve the Viksit Bharat 2047 vision.
Business What NSE and Jio Platforms IPOs reveal about India's changing economy
India's National Stock Exchange (NSE) and Jio Platforms have filed for IPOs expected to raise a combined $7.3bn, marking a shift in the country's economic landscape. The listings highlight the financialisation of household savings and the digital revolution driven by Jio's cheap data tariffs.
Business Nine Years of GST: One Tax, One Market, Many Transformations
The Goods and Services Tax (GST), launched on July 1, 2017, has transformed India's indirect tax system. Nine years on, the taxpayer base has expanded from 66.5 lakh to 1.65 crore, gross collections have risen from Rs 7.4 lakh crore to Rs 22.27 lakh crore, and the rate structure has been rationalised from four slabs to two. The digital GSTN platform has improved compliance and transparency, while the GST Council continues to drive cooperative federalism, according to government data and experts.
Business Sensex Climbs 521 Points, Nifty Crosses 24,400; Fourth Consecutive Winning Session
Indian benchmark indices advanced nearly 0.7% on Monday, with the Sensex gaining 521 points to close at 78,285 and the Nifty adding 160 points to settle at 24,430. The rally, the fourth consecutive winning session, was led by HDFC Bank, Mahindra & Mahindra, and Bharat Electronics, while Kotak Mahindra Bank, TCS, and Bajaj Finserv declined. Sectorally, realty and private banks outperformed, while PSU banks and IT lagged.
Business India's insurgent consumer brands grow 3x faster than market, generating $7.5B in FY25
India's upstart consumer brands are growing three times faster than established FMCG companies, generating an estimated $7.5 billion in revenue in FY25, up from $2 billion five years ago, according to a report by Bain & Company and DSG Consumer Partners. Insurgent brands in jewellery, beauty, and home categories are expanding 6x faster than their broader markets, but scaling beyond Rs 500 crore remains a challenge.
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.
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.