Govt spending sparks India’s economy despite inflation, geopolitical crises: Icra

Icra joined the bandwagon of rating agencies predicting robust growth for India’s economy, which it said ... Icra said. In the fiscal year ended 31 March (FY24), Icra upgraded two entities ... Read More

Strong economy, flows power India's Nifty to best fiscal year since 2021

BENGALURU, March 28 (Reuters ... of $4.56 trillion. India's growth has also outpaced its Asian peers, with the domestic economy speeding towards growth of 7.6% in fiscal 2024, the fastest ... Read More

India’s Mission 2047: How India aims to become a developed economy - high speed expressways, electric mobility, digital payments & more

India aims to become ... will create five-year budget plans for financial management. Viksit Bharat@2047 initiative targets a $30 trillion economy by 2047. The main aim is to enhance economic ... Read More

What 10 Years of Modi Rule Has Meant for India’s Economy

Narendra Modi has kept India ... despite upbeat economic news, India has been doing the opposite. Here many of the signals are mixed — but the vibes are fantastic. International surveys show ... Read More

Breakingviews: India can grow fast with or without Narendra Modi

MUMBAI, April 10 (Reuters Breakingviews ... of 8% is achievable, he adds. Economic optimism is justified. For a start, India's "twin deficits", in its fiscal and current account balances ... Read More

India's 'Goldilocks' economy to prompt RBI to keep rates on hold

Strong economic growth and moderating inflation means India's central bank ... monetary policy committee's external member Jayanth Varma told Reuters. But central bank governor Shaktikanta Das ... Read More

Indian Economy News

Services and industry activity are expected to push India's output growth to reach 7.5% in FY24, as per the World Bank. It added that growth is expected to moderate to 6.6% over the medium term. Read More

India’s engine of growth to be a $5 trillion economy

India’s ambitious goal of becoming a $5 trillion economy by 2025 hinges on several key sectors, and education stands tall among them. Let us explore the intricate relationship between India’s ... Read More

India's GDP set to grow 8% or more in Jan-March quarter, finance minister says

India's economy is projected to grow at 7.6% in the current fiscal year to March 31, according to the latest government estimates. The Reuters Daily Briefing newsletter provides all the news you ... Read More

Economic Indicators News

PARIS (Reuters) - French President Emmanuel Macron on Thursday blamed a budget deficit blowout on the wider European economic slowdown and ruled out raising taxes to plug the... BERLIN (Reuters) - The ... Read More

How fast is India’s economy really growing?

So what is India’s actual growth rate? And is the economy accelerating? Chart: The Economist To answer these questions, start with the 8.4% figure. Nominal GDP growth in the same period was 10.1 ... Read More

Government Spending

It's time to address it. Federal spending on servicing the national debt has eclipsed military spending in fiscal ... U.S. economy according to the CBO's latest projection. The Congressional ... Read More