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 Minister said the industry will have to realign its policies keeping in mind political and strategic decisions of the country.
Bolivia, once celebrated as a South American economic success story, is now a stark example of how over-reliance on natural resources and poor governance can bring a nation to its knees.
India’s recent GDP figures reveal a slowdown that raises serious concerns about the country’s economic trajectory. At 5.4 per cent year-on-year growth for the July September quarter, this marks the slowest expansion in seven quarters.
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
Union minister for petroleum and natural gas Hardeep Singh Puri on Friday said Energy has become the spinal cord for economic growth and development, and India is poised to lead the global hydrogen energy production and export.
