India's manufacturing sector gained further momentum in August, with the country's Manufacturing Purchasing Managers' Index (PMI) climbing to 59.3 from 59.1 in July, according to the HSBC India Manufacturing PMI data released on Monday.
Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday.
Union Commerce Minister Piyush Goyal criticised analysts and sections of the media for their negative outlook on India's economy, calling them "weak-kneed." Speaking at Bharat Buildcon, he emphasised India's rising global economic prominence, ongoing free trade agreement talks, and governmen
The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI).
The latest minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting in August have showed divide between the RBI leadership and government-nominated members over the growth outlook of the Indian economy, according to a report by Union Bank of India.
In the Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi announced upcoming next-gen GST reforms before Diwali so as to benefit consumers, small industries and MSMEs.
The government's recent decision to rationalise Goods and Services Tax (GST) rates is likely to ramp up domestic demand and lift consumer sentiment, according to a report by Centrum Institutional Research.
Nifty of National Stock Exchange (NSE) will swing between -11 per cent and +4 per cent from its year-end target of 25,000, as markets navigate a range of evolving macro risks including potential trade tariffs, shifts in the US economic outlook, and central bank policy actions by the Fed and
India has received its first sovereign credit rating upgrade in 18 years, with S&P Global Ratings raising the country's long-term rating to 'BBB' from 'BBB-' and the short-term rating to 'A-2' from 'A-3', while keeping the outlook stable. The announcement, shared in a tweet by the Indian