Tag

Economic Growth

8 articles
India’s robust economic expansion continues to be a key narrative, with GDP growth reaching 7.7% in FY2025-26 and 7.8% in the fourth quarter, solidifying its position as the world’s fastest-growing major economy. Prime Minister Modi highlighted this resilience alongside significant infrastructure and tourism developments, including projects in Daman and Nagar Haveli, which have spurred a tenfold increase in tourism. This sustained growth, supported by healthcare initiatives and ease-of-doing-business reforms, suggests continued momentum for the Indian economy, though investors should remain attentive to global economic conditions and the effective execution of ongoing development programs.
Modi Announces Japan Business Week at India-Japan Forum
PM Modi announced a PMO-led Japan Business Week for direct engagement with Japanese investors to address concerns and facilitate greater investment. India recorded 7.7% GDP growth last year and has be
NITI Aayog Launches Ayurveda Globalisation Roadmap Report
NITI Aayog released a strategic roadmap report on globalizing Ayurveda, outlining a comprehensive framework for international expansion. The report proposes a three-pillar strategy focusing on availab
Indian Railways June Freight Up 4%, Passenger Traffic Grows
Indian Railways freight loading grew 4% YoY to 142.21 million tonnes in June 2026, generating ₹430 crore additional revenue. Passenger traffic reached 63.81 crore passengers with 3.9% growth in non-su
India Hosts First BRICS MSME Forum June 19
India's MSME Ministry hosts First BRICS MSME Forum and Third SME Working Group Meeting in Agra on June 19, 2026. India's MSME sector comprises 8.6 crore enterprises, contributes 31.1% to GDP and 48.58
India's GST Completes Nine Years with Major Reforms
Government publication highlights nine-year GST journey, detailing its transformation from 17 taxes into unified system with 1.65 crore taxpayers. Next-Gen GST reforms implemented two primary slabs (5
Cabinet Approves ₹30,000 Crore Additional NIIF Commitment
Union Cabinet approved additional ₹30,000 crore government commitment to National Investment and Infrastructure Fund. Total government commitment to NIIF now stands at ₹60,000 crore to accelerate infr
HSBC Flash India PMI Slows to 57.4 in June
HSBC Flash India Composite PMI fell to 57.4 in June from 59.3 in May, indicating the weakest expansion since March. New orders growth slowed to a three-month low while employment expansion reached its
India Core Industries Growth Slows to 0.5% in May 2026
• Government releases provisional Eight Core Industries Index data showing 0.5% YoY growth in May 2026. • Steel, cement, and electricity production grew 5.0%, 8.4%, and 8.7% respectively, while coal,