India’s services sector, long the linchpin of its economic dynamism, is showing signs of moderation.
India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
In its Economic Outlook for Asia-Pacific (APAC), S&P said that despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
India’s retail inflation slipping below 4 per cent in February signals a crucial inflection point for the economy.
India is set to become the world’s third-largest economy by 2028, overtaking Germany, according to a report by global financial services firm Morgan Stanley.
Being a state with a great network of rivers and expansive water bodies, West Bengal boasts of one of the longest navigable waterway networks in the country, with approximately 4,593 kilometers of rivers and canals, of which 97 per cent are navigable.
Union Road Transport and Highways Minister Nitin Gadkari praised the development in Uttar Pradesh, stating that the state is no longer a ‘BIMARU’ state but has become one of the leading contributors to India's economy. He also said that Chief Minister Yogi Adityanath has successfully worked towards establishing ‘Ram Rajya’ in Uttar Pradesh.
India's long-standing tradition of electoral freebies has once again come under scrutiny, with concerns that it fosters dependence and undermines economic self sufficiency.
Israel's Minister of Economy Nir Barkat said that the governments of India and Israel are aligned to make "very strong successful business to business relationships." He stated that Israel is scaling rapidly to becoming a dominant global power.
The Union Budget 2025-26 was expected to chart a bold course for economic recovery, particularly in employment generation and demand stimulation.
