India is poised to witness a surge in Foreign Institutional Investor (FII) inflows in FY26, as corporate profit to GDP is projected to hit its peak in FY26-FY27, according to a report by Sharekhan, a financial services company.
Reforms in sectors, particularly land, labour, and power, are critical for long-term growth. FICCI proposes creating inter-state institutional platforms similar to the GST Council to facilitate consensus-building and advance reforms in these areas.
India's Current Account Deficit (CAD) is expected to remain at 1.1 per cent of the Gross Domestic Product (GDP) in the financial year 2024-25 (FY25), according to a report by ICICI Bank.
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
The sector has strengthened its role in sustainable economic development, enhanced its competitiveness, and contributed to the country's GDP under the National Strategy for Industry and Advanced Technology "Operation 300bn."
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
Fixed Wireless Access (FWA), a key 5G use case, also saw rapid adoption, reaching nearly 3 million connections within a year. The telecom sector, contributing significantly to India's GDP and providing employment to over 4 million people, is now delving into Artificial Intelligence (AI) and
As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the Finance Ministry.
Former Prime Minister Dr Manmohan Singh, who passed away on Thursday, was an acclaimed thinker, economist and scholar who ushered in a comprehensive policy of economic reforms and steered the country for 10 years as the head of Congress-led UPA government during which India witnessed a hi
India's real GDP growth is projected to remain steady at 6.5 per cent for the financial years 2025 and 2026, according to the latest EY Economy Watch report.
High frequency indicators for the third quarter of 2024- 25 (October-December) indicate that the Indian economy is recovering from the slowdown in momentum witnessed in July-September, driven by strong festival activity and a sustained upswing in rural demand, Reserve Bank of India (RBI) sa