May 29, 2026 12:38 PM

RBI sees India’s growth resilient at 6.9 percent in FY27 despite West Asia conflict risks

India's economy is expected to remain resilient in 2026-27 despite rising geopolitical tensions and inflationary risks emanating from the West Asia conflict, the Reserve Bank of India (RBI) said in its Annual Report 2025-26. The central bank projected India's real GDP growth at 6.9 per cent for 2026-27, while warning that inflationary pressures could intensify due to elevated crude oil prices, supply disruptions and global uncertainty. "Against the backdrop of a moderate global growth, the out...

May 12, 2026 7:51 PM

India’s clean energy transition now central to economic resilience: Pralhad Joshi

India’s clean energy transition is now central to the country’s industrial competitiveness, trade positioning and long-term economic resilience, Union Minister for New and Renewable Energy Pralhad Joshi said on Tuesday. Addressing the annual summit of Confederation of Indian Industry in New Delhi, the minister said India’s push towards achieving 500 GW of non-fossil fuel capacity by 2030 is laying the foundation for a globally competitive and self-reliant energy ecosystem. Joshi said the...

March 3, 2026 2:22 PM

PM Modi calls for manufacturing push, sustainability focus in post-Budget webinar

Prime Minister Narendra Modi on Tuesday said this year’s Union Budget reinforces the government’s commitment to sustaining and strengthening economic growth, urging industry and stakeholders to seize emerging global opportunities. Addressing the second installment of the post-Budget webinar series on the theme “Sustaining and Strengthening Economic Growth,” the Prime Minister underlined that India’s direction and resolve are clear - “Build more, produce more, connect more, export mo...

February 20, 2026 6:24 PM

EU, US trade pacts to help India’s growth momentum sustain for a longer period: RBI

The Indian economy continues to register high growth despite a challenging external environment clouded by geo-political uncertainties, the latest RBI Bulletin said on Friday, adding that the recent trade agreements with the European Union (EU) and an interim trade deal framework will help the growth momentum stay robust for a longer period. According to Central Bank Governor Sanjay Malhotra, benign inflation provides the leeway to remain growth-supportive while preserving financial stability. ...

January 1, 2026 2:32 PM

Indian economy remains resilient amid global uncertainty: RBI

The Reserve Bank of India on Wednesday released the December 2025 edition of its Financial Stability Report (FSR), presenting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and emerging risks to financial stability. The report noted that the global economy has remained resilient, supported by fiscal measures, front-loaded trade activity and strong investment linked to artificial intelligen...

December 23, 2025 11:10 AM

Indian economy poised for strong growth despite global headwinds: RBI Governor

Despite an unfavourable and challenging global environment, the Indian economy has demonstrated remarkable resilience and is poised to register robust growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said. “The headroom provided by the inflation outlook has allowed us to remain growth-supportive,” Malhotra said in the RBI’s December Bulletin. He added that the central bank would continue to meet the productive requirements of the economy in a proactive manner while ensuring ma...

December 20, 2025 5:50 PM

Apparel exports crucial to India’s growth, Viksit Bharat goal: Vice-President

Vice-President C. P. Radhakrishnan on Saturday said that apparel exports are vital to India’s economic growth and will play a key role in achieving the vision of a Viksit and Aatma Nirbhar Bharat. Addressing the Annual Awards Function of the Apparel Export Promotion Council (AEPC) in New Delhi, the Vice-President congratulated the awardees for their outstanding contributions to the apparel export sector and lauded the resilience shown by Indian exporters despite global economic challenges. T...

December 17, 2025 5:39 PM

State-led reforms vital for higher education; India remains a bright spot amid global uncertainty: CEA Nageswaran

Chief Economic Adviser (CEA) V. Anantha Nageswaran on Wednesday said the next phase of reforms in India’s higher education sector must be led by states, while underscoring that the country continues to remain a bright spot in the global economy despite external uncertainties. Speaking at the CII Global Higher Education Summit in New Delhi, Nageswaran said states have a critical role to play in strengthening higher education by shifting from a model of control to one of stewardship. He emphasi...

December 7, 2025 5:53 PM

India is becoming key growth engine of global economy: PM Modi

Prime Minister Narendra Modi on Saturday addressed the Hindustan Times Leadership Summit 2025 in New Delhi, asserting that India is emerging as a key growth engine for the global economy and is demonstrating confidence amid global uncertainty. PM Modi noted the presence of prominent national and international delegates and acknowledged the contributions of the Hindustan Times team. He recalled suggestions he had made during a previous visit and expressed satisfaction that they were implemented,...

December 5, 2025 11:30 AM

RBI raises India’s GDP growth forecast to 7.3 pc

The Reserve Bank of India (RBI) on Friday raised its GDP growth forecast for the Indian economy to a robust 7.3 per cent for 2025-26, up from 6.8 per cent earlier, supported by strong agricultural prospects, the continued impact of GST rate cuts, low inflation and healthy balance sheets of corporates and banks. Addressing a press conference after the Monetary Policy Committee meeting here, RBI Governor Sanjay Malhotra said the surge in economic growth to 8.2 per cent in the second quarter of th...