India Economic Growth

October 6, 2026 3:09 PM

World Bank raises India’s FY27 growth forecast to 7.1% from 6.6%

The World Bank has raised its forecast for India's economic growth in FY27 to 7.1 per cent from 6.6 per cent, citing stronger-than-expected economic activity, robust domestic demand and exports. In its latest India Development Update, released on Tuesday, the World Bank said India's medium-term growth prospects remain strong despite global headwinds. The World Bank, however, flagged risks from higher global oil prices, El Nino conditions and potential stock market corrections, which co...

August 14, 2025 1:24 PM

Can US President Donald Trump’s Tariffs Halt India’s Growth? 5 Reasons They Won’t Succeed

In the backdrop of "Howdy Modi" and "Ab ki Baar, Trump Sarkar," which amplified the bonhomie in the India-America relationship shaped during George W. Bush's time, US President Donald Trump's sugar-uncoated remarks on imposing a 25 percent trade tax and penalty on India for dealing with Russia on energy and military equipment have not only taken a geopolitical turn but could also destabilize America's economy, as inflation and household expenses could spiral up and potentially hit his grandiose ...

August 5, 2025 12:32 PM

Indian services sector stays strong in July on surge in orders and global demand: HSBC PMI

India’s services sector continued its strong performance in July, buoyed by a steady rise in new business orders and increased international sales, according to the latest HSBC India Services Purchasing Managers’ Index (PMI). The seasonally adjusted Services PMI stood at 60.5 in July, barely changed from 60.4 in June, reflecting a sustained and sharp expansion in business activity. This marks the strongest growth rate since August 2024, underscoring the sector’s resilience. “At 60.5, t...