Structural drivers, such as digitisation, technological advancements and favourable demographics, may continue to position India among the fastest-growing major economies, according to the Economic Outlook 2026 released by the Mastercard Economics Institute (MEI).
"I think our decision today that we elevate our historic relationship to strategic relationship is the right decision," Ethiopian Prime Minister Abiy Ahmed Ali said.
From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17
However, despite the steady growth, India's retail credit penetration remains far below global standards, the report said. Asset quality of the banking sector has dramatically improved in the recent past leading to a sharp drop in credit cost. The credit-to-GDP ratio, after peaking around th
India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning that a business-as-usual approach could leave a mult
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services.
Reviewing progress with senior officials, ministers and public representatives on Friday, the Chief Minister said Visakhapatnam must be developed into a slum-free, world-class city. He reiterated that the state's holistic development will be driven by three major economic hubs: Visakhapat
Strengthening employment opportunities in labour-intensive manufacturing and services sectors could help sustain India's GDP growth at around 8 per cent, according to a study by the National Council of Applied Economic Research (NCAER).
In a report, the DBS Group Research analysts shared three key takeaways from the move. The Summary of Economic Projections (SEP) indicates Goldilocks in 2026, it said. GDP growth was boosted to 2.3% from previously 1.8% while core PCE inflation was shaved down to 2.5% from 2.6%.
A new report notes that India's manufacturing strategy is shifting from assembly-led growth to technology-led value creation. The report by Boston Consulting Group (BCG) and venture capital firm Z47 has identified five high-priority sectors that can significantly accelerate India's journey t
Singapore, December 10: The Mastercard Economics Institute (MEI) today released its annual economic outlook for 2026, revealing that Asia Pacific's growth remains broadly stable even as the global economy adapts to rapid tariff changes, accelerating AI investment, and evolving consumer trend