New Delhi: India’s economy is around $20 trillion on a purchasing power parity (PPP) basis, making it the third largest in the world, while the country negotiates globally as a $4 trillion economy, Commerce and Industry Minister Piyush Goyal said. Speaking at the 13th PAFI Annual Forum 2026 in New Delhi, Goyal said the gap.
If India is to realise the vision of ‘Viksit Bharat 2047’ in its true sense, the country will need to significantly expand the size of its economy, with the Gross Domestic Product (GDP) required to reach at least $10 trillion. Former diplomat Mohan Kumar, in an opinion article published by The Jerusalem Post, said that.
India recorded a strong industrial growth of 7.3% in June 2026, with manufacturing expanding 7.8% and electricity and gas supply witnessing 10.6% growth, according to government data.
India's Wholesale Price Index (WPI) inflation increased to 9.87% in June on a year-on-year basis, with fuel, crude petroleum and mineral oil prices contributing to the rise.
New Delhi: India’s automobile retail market registered its best-ever June performance, with total vehicle sales reaching 25,57,234 units, reflecting a 21.83 percent year-on-year (YoY) growth and a 1.03 percent increase over May, according to data released by the Federation of Automobile Dealers Associations (FADA) on Monday. Passenger Vehicles and EVs Drive Record Growth Passenger vehicle.
India is expected to remain among the world’s fastest‑growing major economies despite geopolitical tensions, uncertainty around artificial intelligence (AI) spending and sustained foreign investor outflows, Seth R. Freeman, Senior Managing Director at GlassRatner Advisory & Capital Group, has said.
New Delhi: India needs 7 to 8 per cent growth to become Viksit Bharat by 2047, which needs more investment from the private sector as well as strong export growth, Mahendra Dev said on Tuesday. Private investment and exports key to growth Speaking to reporters on the sidelines of a FICCI India event here, he said.
New Delhi: The Parliamentary Standing Committee on Finance will be meeting soon to discuss the evolving economic situation in the country amid the uncertainties due to the West Asia crisis. Committee Chairman Bhartruhari Mahtab said: “Despite the serious headwinds, India’s economy is emerging in a better way. There are certain very good indicators where household.
Mumbai: India posted a current account surplus of $4.7 billion in April this year, compared with a deficit of $4.8 billion in the same month last year, according to preliminary data released by the Reserve Bank of India (RBI) on Monday. The surplus came despite higher net foreign portfolio investment (FPI) outflows from equity markets..
New Delhi: India’s retail inflation stood at 3.93 per cent in May, remaining below the Reserve Bank of India’s medium-term target of 4 per cent, according to provisional data released by the Ministry of Statistics and Programme Implementation on Friday. Inflation rises slightly from April levels However, it slightly inches up from 3.48 per cent.
New Delhi: The moderation of headline retail inflation below 4 per cent reflects the resilience of India’s macroeconomic fundamentals and the effectiveness of ongoing efforts to maintain price stability, industry chamber PHDCCI said on Friday. Retail Inflation Stays Below RBI Target Despite Monthly Rise Retail inflation, measured by the Consumer Price Index (CPI), stood at.
