Congress leader Salman Khurshid on Wednesday said the recent fall of the Indian rupee, which breached the 90 mark against the US dollar, reflects the impact of US sanctions and tariffs.
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
Despite the reform momentum, Shriram said delays in approvals remain a persistent challenge for companies. "Time is important for industry. For approvals, time is required. But quicker decisions and time-bound decision-making will help the Indian economy and industry grow faster," he told AN
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
Ashok Chandra, MD and CEO of Punjab National Bank (PNB), on Monday said he is confident that the Indian economy will continue to show robust GDP growth in the coming quarters and years.
Earlier today, as per the NSO data, India's real GDP was estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26, compared with 5.6 per cent in the same quarter of the previous fiscal.
India's real GDP has been estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6 per cent in the same quarter of the previous fiscal, official data showed Friday.
The capital expenditure landscape in the country is showing clear signs of optimism, supported by healthy spending by the Centre, a pick-up in state capex, and a revival in investments among Indian corporations, according to a report by Care Edge Ratings.
Obesity and related chronic diseases account for a growing share of India's health burden, costing the economy an estimated $28.9 billion annually, said a report by Tony Blair Institute for Global Change (TBI).
The revenue of India's data centre operators is likely to reach nearly Rs 20,000 crore annually by fiscal 2028, said a report by Crisil Ratings on Tuesday.