Tag: India economy

India likely to drive global growth, benign home inflation strengthens RBI’s rate cut hopes

EconomyMay 21, 2025

India is poised to consolidate its role as a key driver of global growth amid disruptions due to global trade realignments, while domestic inflation is set for a durable alignment with the central bank target,...

Oil India Q4 net profit drops 21% on lower crude prices; FY25 sees record output and higher capex

BusinessMay 21, 2025

State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors...

RBI on tricky terrain of high inflation and slowing growth

EconomyDecember 4, 2024

Mumbai: December 11, 10 am. The person in the 18th floor corner room of the central bank's Mint Street Tower would have to...

Stable inflation is important to sustain growth: RBI Guv Das

EconomyNovember 21, 2024

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally...

Industrial output expands 3.1% in September on base effect, festivals

EconomyNovember 12, 2024

NEW DELHI: India's industrial output rebounded in September, growing 3.1%, after contracting 0.1% in August - a 22-month low - driven by a...

Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

EconomyNovember 2, 2024

NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but...

GST mopup rises 8.9% to ₹1.87 lakh core in October

EconomyNovember 1, 2024

India collected ₹ 1.87 lakh crore in goods and services tax in October, marking the second-highest gross GST collection in any month to...

Indian economy: RBI’s rosy growth forecast baffles economists

EconomyOctober 28, 2024

The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists.The central...

Advancing India’s goal to double the economy by 2030

EconomyOctober 26, 2024

India’s ambition to double its economy to $7 trillion by 2030 hinges on a broad strategy that includes reforms, infrastructure development, investment in...