economic growth

New Delhi, April 3 – The Indian passenger vehicle industry is estimated to report wholesale volume growth of around 7-9 per cent in FY26, driven by strong festive demand, GST rate cuts, and multiple new model launches, according to a report released on Friday.The growth is expected to moderate...

New Delhi, April 3 India's exports have maintained a strong pace despite global challenges, and are expected to show positive growth in 2025-26, a senior official from the Ministry of Commerce said on Friday.Data on exports and imports for the month of March and the full 2025-26 fiscal year...

Colombo/Washington, April 3 Sri Lanka and the World Bank Group have launched a new five-year partnership aimed at supporting the island nation's economic recovery and boosting private investment, according to a joint announcement.A new five-year Country Partnership Framework (CPF) has been...

Lucknow, April 3 Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed support for the state's ambitious economic growth targets, officials said on Friday.Following the meeting on Thursday, Adani posted on X, praising the chief minister's vision...

New Delhi, April 2 The infrastructure sector is set to play a central role in sustaining the country's long-term economic growth and achieving the goal of 'Developed India' by 2047, said Rohit Rishi, Managing Director of India Infrastructure Finance Company Ltd (IIFCL), on Thursday.Addressing...

New Delhi, April 2 India's largest iron ore producer and miner, NMDC, achieved a production of 53.15 million tonnes (MT) of iron ore in the fiscal year 2026, becoming the first company in India's mining history to surpass the 50 MT annual production mark, the government said on Thursday.The...

New Delhi, April 2: China's official economic growth figures are inaccurate, and the country's economy is facing a major threat due to its growing bad debt and a rapidly aging population, a new report has said.The Japanese news site, Nippon.com, cited estimates from the US think tank, Rhodium...

RBI Interest Rate Hike Unlikely Unless Crude Oil Prices Remain Above $100 New Delhi, April 2 – The Reserve Bank of India is unlikely to raise interest rates at its upcoming Monetary Policy Committee meeting next week, according to a report released on Thursday. The report suggests that the RBI’s...

India Manufacturing PMI Slows to Four-Year Low in March Amid Rising Costs and Global Uncertainty New Delhi, April 2: India’s manufacturing sector growth moderated sharply in March, with the Purchasing Managers’ Index (PMI) slipping to its lowest level in nearly four years, reflecting mounting...

India Manufacturing PMI Eases to 53.9 in March Amid Global Disruptions and Rising Input Costs New Delhi, April 2: India’s manufacturing activity showed signs of moderation in March, with the Purchasing Managers’ Index (PMI) easing to 53.9, as global disruptions linked to the ongoing Middle East...

Ahmedabad, April 1 Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Wednesday that it has surpassed the landmark milestone of handling 500 million tonnes of cargo.From a single port-led vision in 1998 to a network spanning 19 ports and terminals across India and beyond, APSEZ has...

Johannesburg, March 31 South African President Cyril Ramaphosa announced an ambitious initiative to attract investment of around USD 60 million over the next two years at the 6th edition of the annual South Africa Investment Conference in Johannesburg on Tuesday."Investment conferences such as...

New Delhi, March 31 – India’s alternative investment industry is poised for significant expansion, with total assets under management (AUM) expected to reach around $276 billion by 2030, up from $152 billion in December 2025, according to a new report released on Tuesday.The CareEdge Ratings...

New Delhi, March 31 India's real GDP growth for the next fiscal could decline by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said.The EY...

IMF Warns Middle East Conflict Could Trigger Global Inflation and Slow Growth Energy Shock and Economic Uncertainty Intensify Amid Ongoing Conflict New Delhi, March 31: The International Monetary Fund (IMF) has cautioned that the ongoing conflict involving the United States, Israel, and Iran...

India GDP Growth Seen Slowing to 6.5% in FY27 Amid Energy Price Pressures: ICRA Growth Outlook Weakens on Rising Energy Costs and Global Uncertainty New Delhi, March 30: ICRA on Monday projected that India’s GDP growth will moderate to 6.5 percent in the financial year 2026 to 2027, down from...

India’s Industrial Production Rises 5.2 Percent in February New Delhi – India’s industrial production recorded a growth of 5.2 percent in February 2026, driven primarily by an increase in manufacturing output, according to official data released on Monday.Factory output expanded by 2.7 percent...

India’s Industrial Production Rises 5.2 Percent in February New Delhi, March 30 – India’s industrial production experienced a growth of 5.2 percent in February, driven primarily by gains in the manufacturing sector, according to official data released on Monday.Factory Output Increases Factory...

Electronics Component Manufacturing Scheme Sees Boost with Rs 7,104 Crore Investment New Delhi, March 30 – The government has approved 29 new applications under the electronics component manufacturing scheme, representing a significant investment of Rs 7,104 crore, according to a senior official...

India Auto Sector Growth to Slow in FY27 After Strong GST-Driven Expansion: ICRA ReportNew Delhi, March 27: India’s automobile sector is expected to witness a moderation in growth in FY27 after a strong expansion in FY26, largely driven by policy support such as GST cuts, improved...