India central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
Growth in India services sector slows to more than 2-year low in Jan, PMI shows
Growth in India's dominant services sector was the slowest in over two years in January amid cooling demand but remained historically strong and led to a substantial rate of hiring, a business survey showed on Wednesday.
India Delivers $12 Billion in Tax Cuts to Spur Economic Growth
India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen.
India central bank cuts policy rate for the first time in nearly five years; pegs next year's GDP growth at 6.7%
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
The Economist18h
Narendra Modi is struggling to boost Indian growth
A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...
Rural demand, price hikes power India consumer goods sector growth, NielsenIQ says
Solid demand in rural areas, as well as higher prices of staples including edible oil and wheat flour, helped the consumer ...
India’s Budget Plots Path for Sustainable Growth
Focus now turns to policy execution, with economists watching to see if policymakers can deliver on their aim of supporting ...
The PIE News2d
India set for eightfold growth as it eyes $30 trillion vision
“Over the next century, India is going to grow eight times what it is today. The vision is to be a USD$30 trillion economy. That means that 80% of India that we’ll see in 2047 will be built in the ...
MPC meet: RBI projects India's GDP growth at 6.7% for FY26
The Economic Survey 2025 estimated a real GDP growth of 6.4 percent in FY25, 20 bps lower than the projection by the RBI in its December monetary policy ...
Lotus Technology: Struggling To Shift Gears In India's Competitive Market
Lotus Cars faces challenges in core markets and unlikely growth in India, leading to potential downward revisions and a ...
The Financial Express22h
India’s insurance landscape: Poised for growth
The rapid growth in the insurance sector can be attributed to the increased participation of private players, use of ...
India’s Growth Dilemma: Physical Development Or Human Development?
Viksit Bharat represents the government’s vision to transform the country into a developed nation by 2047. Prime Minister ...