Noida, with its high-rise buildings, wide roads, industrial and information technology (IT) hubs, is a testament to India’s rapid economic transformation. Yet, factory worker protested in the city last month,…
Category: Economy
India’s services sector recovers lost ground in April with strongest rate of expansion since November
India’s services sector recovered some of the ground lost in March, accelerating growth in April, the first month of the new fiscal year, as new business intakes and output rose,…
Indian firms to pump $20.5 billion into US economy: Envoy Sergio Gor says partnership creating ‘real American jobs’
said on Wednesday that new investment flows from India are steadily expanding within the American economy, adding that Indian firms are planning to invest more than $20.5 billion across sectors…
West Asia war may briefly dent India’s growth as fundamentals strong: Memani
New Delhi: The West Asia war may temporarily hurt India’s growth rate and dampen investment sentiment, but the conflict poses no existential threat to most businesses, according to Rajiv Memani,…
Govt clears ₹50,000-crore package to boost credit flow and support businesses
The Union cabinet on Tuesday approved a ₹18,100-crore support package to cushion businesses from liquidity stress from the ongoing West Asia crisis. The allocation, which is the fifth edition of…
SCBs clock 15.9% credit growth in FY26, led by services, MSMEs, retail
The Union finance ministry on Tuesday said India’s scheduled commercial banks (SCBs) closed 2025-26 with robust credit growth of 15.9%, up sharply from 10.9% a year ago. The 497-basis-point expansion…
India plans to award construction-ready highway contracts, with all approvals in place, to curb delays
The government is considering awarding national highway contracts only after obtaining all critical clearances, a move aimed at curbing project delays and cost escalation, according to two officials aware of…
India among most resilient as global shocks test emerging markets: Moody’s Ratings
Large emerging economies, including India, have weathered repeated global shocks over the past five years without losing access to markets, Moody’s Ratings said on Tuesday. In a report assessing how…
Why RBI wants to keep India’s gold at home
The Reserve Bank of India (RBI) brought back over 100 tonnes of gold to India in the six months to March, taking the total gold reserves stored locally to 680…
India’s fertilizer subsidy reaches ₹2.17 trillion in FY26 due to West Asia war, may rise by a fifth in FY27
India’s fertilizer subsidy bill touched ₹2.17 trillion in FY26, exceeding budget estimates and underscoring volatile global input prices and currency pressures, according to two government officials aware of the development.…