Last Updated: September 26, 2026

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  • Tag: Indian economy

    India Leads FY27 GDP Growth Outlook At 6.7 Percent: WEF Chief Economists

    India has the strongest FY27 growth outlook in the WEF Chief Economists Outlook, with economists projecting 6.7% GDP growth amid resilient domestic demand.

    ₹96 Per Dollar! Rupee Falls Again — What It Means for Travel, Education & Prices in India

    A rupee nearing Rs 96 against the US dollar is more than just a market number. For an Indian family planning a foreign holiday, paying a child’s college fees abroad or buying imported products, every fall in the rupee can mean spending more money. To understand it simply: when $1 costs Rs 83, buying $5,000.

    Nifty Profit Growth Hits 10-Quarter High At 18% In Q1 FY27

    Nifty companies reported 18% year-on-year profit growth in Q1 FY27, marking a 10-quarter high, while mid- and small-cap earnings also posted strong gains.

    India’s space economy likely to reach $40–45 bn over a decade

    New Delhi: India’s space ecosystem valued at $9 billion has expanded rapidly and is projected to reach $40–45 billion over the next decade, an official factsheet said on Friday. The registered space start‑ups rose from one in 2014 to about 440 by August 2026. Private investment in the sector surged nearly six‑fold from $100.5 million.

    India’s Q1 GDP May Clock 7% Growth as Macro Conditions Improve Amid Global Tensions

    SBI Research has projected India's Q1 FY27 GDP growth at 7%, citing improved macroeconomic conditions, easing inflation concerns, strong monsoon progress and resilient economic fundamentals.

    Centre Releases Rs 1.09 Lakh Crore Tax Devolution to States to Boost Capital Expenditure

    The Central government has released an additional Rs 1,09,019 crore in tax devolution to state governments ahead of the regular August allocation. The move aims to strengthen state finances and accelerate infrastructure, welfare, and development projects.

    Index of Services Production Shows Broad-Based Growth as 16 of 19 Sub-Sectors Expand

    India's Index of Services Production recorded broad-based growth in May 2026 as 16 of 19 services sub-sectors expanded, with accommodation and food services leading the gains.

    India Among Fastest-Growing Major Economies Despite Global Uncertainty, Says RBI

    The Reserve Bank of India (RBI) has said India continues to be one of the fastest-growing major economies, with resilient domestic demand, strong industrial and services activity, improving trade and renewed foreign investment inflows despite global economic uncertainty.

    India’s Agriculture Credit Jumps Fourfold to ₹32.5 Lakh Crore in 11 Years: Government

    India's agriculture credit has increased more than four times over the past 11 years, reaching ₹32.5 lakh crore in FY 2025-26. The government attributed the growth to expanded rural banking, NABARD support and financial inclusion initiatives.

    India’s Net Direct Tax Collection Rises 16.4% to ₹6.51 Lakh Crore in FY27

    India's net direct tax collections increased 16.4% to ₹6.51 lakh crore as of July 13, supported by higher corporate tax, non-corporate tax and STT collections.

    GST at 9: A Reform Still in Motion

    When India rolled out the Goods and Services Tax (GST) on July 1, 2017, it was hailed as the country’s most ambitious tax reform since Independence. Before that, India’s indirect tax regime was a patchwork of 17 different taxes and 13 cesses levied by the Centre and the states. This fragmented system created inefficiencies, hidden.