MUMBAI: Global brokerage Bernstein has flagged a series of structural risks to India’s growth trajectory, cautioning that it could “under-deliver on its potential” unless key policy bottlenecks are addressed. The India strategy note, styled as an ‘open letter to the Prime Minister’, marks a reprise of a similar exercise...
NEW DELHI: India’s foreign direct investment (FDI) outlook remains mixed, with strong gross inflows offset by persistently weak net inflows, according to a report by Morgan Stanley. The report noted that gross FDI is likely to remain well supported, driven by both greenfield and brownfield investments. However, net FDI...
NEW DELHI: India’s private sector activity recovered in April on the back of growing output and sales primarily in manufacturing, after receding to a three-year low in March due to the West Asia conflict, a private survey said on Thursday. HSBC’s flash India Composite Purchasing Managers’ Output Index (PMI),...
MUMBAI: Just before the West Asia conflict started, the Reserve Bank of India (RBI) net bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, according to the central bank’s monthly bulletin. It heavily intervened in the foreign exchange market by selling...
NEW DELHI: India’s billionaire population is forecast to rise by 51 per cent from 207 in early 2026 to 313 by 2031, according to Knight Frank. The growth rate is estimated to outperform China (20 per cent) and the US (12 per cent). India’s current share of global billionaires,...
NEW DELHI: India faces rising risks of food inflation despite a USD 18.6 billion fertilizer subsidy for FY2026-27, as global supply disruptions triggered by the ongoing US-Iran conflict threaten input availability ahead of the critical Kharif sowing season, FAO’s (Food and Agriculture Organization) Chief Economist Maximo Torero told ANI...
NEW DELHI: India’s fiscal deficit is likely to breach the government’s target of 4.3 per cent and reach 4.5 per cent of GDP in 2026-27 (FY27), as higher subsidy spending and policy support measures strain public finances, according to a report by BMI, which is a unit of Fitch...
NEW DELHI: India will manage high energy prices without compromising economic growth owing to the country’s increased resilience to high energy costs, industry body Assocham said, citing an analysis which states that India absorbed severe oil shocks while growth remained strong in the past. “Data analysed by the industry...
MUMBAI: The Reserve Bank of India (RBI) has proposed stricter capital requirements for non-bank prepaid payment instrument (PPI) issuers and tightened norms governing low-KYC “small” wallets, as part of a comprehensive overhaul of its wallet framework. In the new draft master direction on PPIs released on Wednesday, the central...
NEW DELHI: India’s unemployment rate is projected to rise marginally to 7.0 per cent in 2026 from 6.9 per cent in 2025, which is the highest among its peers in the Asia-Pacific (APAC) region, according to Moody’s Analytics’ latest Asia-Pacific outlook report. India is followed by China and New...
NEW DELHI: Moody’s Ratings on Tuesday downgraded India’s growth forecast for FY27 to 6 per cent from 6.8 per cent estimated earlier, citing weaker consumption and industrial activity amid elevated energy prices and rising input costs following the Middle East conflict. “In light of India’s economic exposure to the...
NEW DELHI: Despite the West Asia crisis having ripple effects on all sectors of the economy, infrastructure investments are likely to see a 45-50 per cent growth over the next two financial years through March 2028, compared to the preceding two years, Crisil said. This would take the quantum...
NEW DELHI: India’s economic growth forecast for 2026 has been downgraded to 6.4 per cent by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), with the latest report on Tuesday flagging rising external risks to the outlook. India’s gross domestic product (GDP) growth is...
CHENNAI: The life insurance industry reported a three-fold jump in growth, with new business premium (NBP) rising 16% year-on-year to a record ₹4.60 lakh crore in FY26. The growth was primarily driven by the Goods and Services Tax (GST) rate cut from 18% to nil on individual life insurance...
NEW DELHI: The images from Noida—angry workers, halted production lines, a breakdown of order inside what is meant to be one of India’s most modern industrial clusters—should not be dismissed as an aberration. They are a warning signal. Strip away the immediacy of the incident, and what remains is...
MUMBAI: States’ capital expenditure growth is likely to slow down to 8-10 per cent in FY27 from 17 per cent in FY26, a report said on Monday. The moderation will primarily result from tighter fiscal headroom due to rising revenue expenditure commitments and a moderation in revenue growth, Careedge...
MUMBAI: RBI Governor Sanjay Malhotra has said that the real risk from supply shocks lies in their second-round effects, warning that prolonged disruptions can push up inflation expectations and embed price pressures in the broader economy. Speaking at his alma mater Princeton University on Saturday, Malhotra said preventing such...
NEW DELHI: Commerce and industry minister Piyush Goyal on Monday said that India plans to set up a dedicated “Korea enclave” or a large industrial township with plug-and-play infrastructure to attract greater investment from South Korean companies. Speaking at the India Korea Business Forum, Goyal said that the proposed...