A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
The immediate impact of the recently imposed US tariffs on Indian exports may appear limited, but the secondary and tertiary effects on the economy pose significant challenges that must be addressed, highlighted a report by the Department of Economic Affairs under the Ministry of Finance.
The achievements of the Indian economy in recent years are very creditable and widely recognized, despite facing unprecedented challenges stated Reserve Bank of India Governor Sanjay Malhotra on Monday.
Around 20 per cent of gig workers failed address verification checks, raising concerns for customer safety in sectors such as e-commerce, food delivery, and transport, according to a survey report by AuthBridge.
In a significant boost to investor confidence, S&P Global Ratings has upgraded India's long-term unsolicited sovereign credit rating to 'BBB' from 'BBB-', while also raising the short-term rating to 'A-2' from 'A-3'.
Despite the ongoing shifts in global trade dynamics, India's trade performance remained resilient in the first quarter of the financial year 2026, according to the Monthly Economic Review report released by the Department of Economic Affairs (DEA).
The Indian economy remained strong in May 2025 even as global uncertainties continued, according to the Reserve Bank of India's (RBI) June monthly bulletin.
India's soft industrial momentum, a widening trade gap, and early signs of business caution warrant close tracking as H2 2025 unfolds, according to a report by LLama Research.
Chief Economic Advisor V Anantha Nageswaran on Thursday expressed confidence that India is on track to become a USD 5 trillion economy by 2027-28, even as the country navigates complex geopolitical challenges and positions itself to benefit from shifting global trade dynamics.
The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per cent to 4.2 per cent of GDP by the bumper dividend transfer by Reserve Bank of India, according to a report by State Bank of India