indian economic growth

September 7, 2025 11:34 AM

India’s future growth depends on building a ‘startup-linked economy’: Minister

India’s future growth will increasingly depend on building a ‘startup-linked economy’ anchored in strong industry partnerships, according to Union Minister Jitendra Singh. According to Minister Singh, the government has created an enabling ecosystem for innovation and entrepreneurship, but sustaining startups requires early and substantial engagement with industry. He was speaking at the launch of 'Campus Tank' organised by Chandigarh University. “This was mainly for industry linkage...

August 25, 2025 12:11 PM

50% US tariffs unlikely to significantly impact India’s growth: Analysts

As the August 27 deadline for the imposition of 25 per cent US secondary tariffs on Russian oil purchases approaches, analysts and global reports suggest that a cumulative 50 per cent tariff is unlikely to significantly derail India’s growth, thanks to robust domestic demand. Sectors such as textiles and gems and jewellery - both labour-intensive industries - are expected to face moderate pressure. However, pharmaceuticals, smartphones, and steel are relatively insulated due to exemptions, ex...

June 25, 2025 6:24 PM

India’s economy resilient amid global uncertainties: RBI

India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin. The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May. “Financia...

May 2, 2025 1:11 PM

India’s manufacturing PMI hits 10-month high in April on robust output, export surge

India’s manufacturing sector saw its strongest performance in ten months in April, as output and international demand surged, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI). The seasonally adjusted PMI rose to 58.2 from 58.1 in March, indicating solid expansion in factory activity. Pranjul Bhandari, Chief India Economist at HSBC, attributed the uptick to robust new orders and a potential shift in global production to India amid changing trade dynamics. “Export or...

February 27, 2025 12:28 PM

World Bank sees India as right place to invest for global firms

The World Bank has reaffirmed its positive outlook on India's economic growth, urging global companies to invest in the country. Speaking at the 'Advantage Assam 2.0 Business Summit' on Wednesday, World Bank Country Director, Auguste Tano Kouame, dismissed worries over short-term fluctuations, calling India “the shining light in the world.” In his address at the session titled "Leveraging MDB (multilateral development bank) Resources to Unlock Opportunities for the Private Sector,” Kouam...