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.
In the second quarter of 2024, India’s real GDP expanded 6.7% year-over-year, fueled by a resurgence in household consumption, increased investment, and solid manufacturing activity.
At least 20 per cent of India’s economy will be digital by 2026-27 from the current 10 per cent, Union Minister for Communications, Jyotiraditya Scindia, said on Monday
The Nobel Prize winning Columbia University economist Edward Phelps maintains that innovation is the key to economic growth, prosperity and human happiness.
Indians are ambitious and self-confident today. There’s a palpable air of hope and optimism all over the country. Thousands of Adanis and Ambanis are in the making. Driven by a diverse population, a rapidly growing economy, and an expanding geopolitical presence, India has the will power and visionary leadership to strengthen its position as a responsible, stable, and dynamic global leader.
India’s inflationary pressures are back in the spotlight, as food prices surge amid unpredictable weather patterns and shifting global dynamics.
