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.
The Union Budget proposals will re-energise the economy by uplifting the spirit of the middle class and encouraging the private sector to advance its investment plans as demand improves across sectors, FICCI president Harsha Vardhan Agarwal said on Saturday.
In a boost for the middle class, Finance Minister Nirmala Sitharaman, in her Union Budget 2025 presentation, unveiled a major overhaul of the new tax regime, introducing a zero-income tax slab for taxpayers earning up to Rs 12 lakh annually under the new tax regime.
India’s economic growth has long been a cornerstone of optimism, buoyed by strong domestic demand, a dynamic workforce, and a robust services sector.
At least 30 startups raised $248.87 million in funding last week as the Indian startup ecosystem continues to shine due to strong fundamentals of the economy.
As much as 95 per cent of India's trade by volume and 68 per cent by value moves through the coastal routes highlighting the scope for blue economy, said Dr. Pandurang Raut (IRS), Deputy Director General of Shipping, Union Ministry of Shipping.
