September 1, 2025 12:42 PM

India’s economy expands 7.8% in April–June, services and manufacturing lead growth

India’s economy grew faster than expected at 7.8% in the April–June quarter of FY 2025-26, consolidating its position as the world’s fastest-growing major economy. Powered by strong domestic demand, a robust services sector, and resilient manufacturing activity, the country is on course to reach a $7.3 trillion GDP by 2030 and emerge as the world’s third-largest economy. Growth momentum strengthens Real GDP for the first quarter of FY 2025-26 is estimated at ₹47.89 lakh crore, comp...

August 14, 2025 4:38 PM

S&P Global upgrades India’s sovereign credit rating to ‘BBB’ from ‘BBB-‘

Credit rating agency S&P Global on Thursday upgraded India’s long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", citing economic resilience and sustained fiscal consolidation. BBB and BBB- are credit ratings given by agencies like S&P and Fitch to show how safe or risky a borrower (like a company or government) is for investors.  In a note, S&P Global stated that the stable outlook reflects continued policy stability and high infrastructure investment...

August 13, 2025 5:42 PM

India’s economy continues on fast-growth track: CEA Nageswaran

The government’s Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said the high-frequency indicators (HFIs) show that the overall momentum of the Indian economy remains robust and continues on a fast-growth track. HFIs are economic data points released frequently that offer timely insights into the current state of the economy. He emphasised that while trade-related issues are crucial, they should not overshadow other critical challenges.  While addressing an event in Delhi, N...

July 18, 2025 12:31 PM

India remains a compelling investment destination globally: Report

India remains a compelling investment destination worldwide owing to its stability, structural reforms, and a resilient consumer base, a leading global investment firm, KKR, has stressed. KKR, in its ‘2025 Mid-Year Global Macro Outlook,’ said India’s growth prospects and favourable market conditions make it an attractive opportunity for investors. “From a macro perspective, India’s relative insulation from global trade friction remains intact, supported by its predominantly domestic, ...