India Macro, Economy & Public Policy › Sub-category
GDP / IIP / Growth Data
9 articles
India’s economy demonstrates robust growth across multiple sectors, according to recent data. Credit growth among Scheduled Commercial Banks reached 15.9% in fiscal year 2025-26, led by services and personal loans, while vehicle retail sales hit a record high in April. Inflation, measured by the Consumer Price Index, stood at 3.48% in April, with deflation in key food items offsetting broader price increases. The services sector experienced accelerated growth in April, and exports increased, contributing to a narrowing trade deficit, signaling a positive economic trajectory.
India Eight Core Industries Growth 1.7% in April 2026
Government releases Index of Eight Core Industries data showing 1.7% YoY growth in April 2026.
Cement, Steel and Electricity production grew by 9.4%, 6.2% and 4.1% respectively in April 2026.
Cumulati
MoSPI Organizes State GDP Reconciliation Discussions 2026
MoSPI schedules annual joint discussions from May 20 to June 19, 2026, to reconcile State Domestic Product estimates.
Discussions will focus on GSDP estimates for FY 2022-23, 2023-24, and 2024-25 usin
MoSPI Seeks Feedback on Knowledge Economy Framework
MoSPI invites public feedback by June 15, 2026 on base paper for measuring knowledge economy contribution.
Technical Advisory Group and Committee on Knowledge Systems formed to develop actionable poli
NSO Releases 2022-23 and 2023-24 Supply and Use Tables
MoSPI's NSO released Supply and Use Tables for 2022-23 and 2023-24, the first under the new 2022-23 base year.
Total economic supply was ₹627.18 lakh crore in 2022-23 and ₹669.88 lakh crore in 2023-24
India Urban Female Unemployment Falls to 8.5% in April 2026
MoSPI releases April 2026 PLFS monthly bulletin showing urban female unemployment rate declined to 8.5%, the lowest level since April 2025.
Overall labor force participation rate stood at 55.0% in Apr
FADA April'26 Vehicle Retail Hits Record High
FADA reports best-ever April retail with 2.61M units, up 12.94% YoY, led by tractor growth at 23.22% and CVs at 15.02%.
Rural demand outperformed urban across categories, with PV rural growth at 20.40
India Services Trade March 2026
RBI released provisional March 2026 services trade data showing exports of $38.208 bn, up 7.2% YoY, and imports of $17.210 bn, down 1.6% YoY.
February 2026 services exports fell 9.7% YoY to $34.708 bn
India Private Sector Growth Accelerates in April
HSBC Flash India Composite PMI rose to 58.3 in April from 57.0 in March, indicating sharp private sector output growth acceleration.
Manufacturing led the resurgence with output index jumping to 59.1
RBI April 2026: CPI Up, Trade Gap
RBI Bulletin April 2026 includes monetary policy statement and article on State of the Economy highlighting modest CPI rise in March.
Money market and bond yields eased after West Asia ceasefire, indi