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.
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 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 collections increased 16.4% to ₹6.51 lakh crore as of July 13, supported by higher corporate tax, non-corporate tax and STT collections.
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.
As GST, considered the biggest tax reform since India’s independence, completes 9 years on July 1, it has also gained near-universal acceptance among businesses as a simple and trusted digital ecosystem, according to the latest Deloitte Survey.
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.
In economic discourse, a well-known solution proposed to improve the nation’s economy is to shift from an import-dependent model to an export-led one. Without this shift, the country’s trade deficit will continue to widen, and the rupee will keep depreciating against the dollar. The dollar remains the most widely accepted currency for global trade. Recently,.
Abhishek Vij All major countries in the world that are not directly or indirectly involved in the unfortunate war between the United States, Israel, and Iran want this war to end. The war will end at some point. It should not be assumed that countries not involved in the war will not be affected. The.
New Delhi, March 24: Narendra Modi has asserted that India’s economic fundamentals remain strong, even as global uncertainties continue due to the ongoing crisis in West Asia. Speaking on the issue, the prime minister emphasized that the government is closely monitoring developments and taking proactive steps to safeguard the economy. Efforts to Minimise Global Impact.