"economic-growth"

British Prime Minister Andy Burnham outlined his economic growth agenda in Parliament, promising greater devolution, public ownership and regional investment. Blaming Conservative policies and Brexit for prolonged economic stagnation, Burnham pledged to restore optimism while maintaining Britain’s support for Ukraine

India’s economy grew 7.8 per cent in the April-June quarter of FY27, beating expectations and the RBI’s 7 per cent forecast. Despite geopolitical tensions and the Iran conflict, strong domestic activity helped sustain growth, keeping India the fastest-growing major economy

Maharashtra Chief Minister Devendra Fadnavis called the state India’s primary growth engine, citing 8.8 per cent economic growth and measures for farmers, women and infrastructure. He outlined plans for district-level development, river-linking, agricultural power access and global-standard higher education

The Reserve Bank of India (RBI) is expected to keep key interest rates unchanged in its August 4 monetary policy review, prioritising economic growth as inflation remains within the tolerance band. Retail inflation stood at 4.38% in June, largely due to global oil prices, but public sector oil firms absorbed much of the impact.

Prime Minister Narendra Modi met Economic Advisory Council members to discuss measures for sustaining India’s economic growth amid global challenges. The council reviewed reforms to improve ease of living and business, and assessed the potential impact of the West Asia conflict on India and the world

Even as poverty declines, widening income inequality is making India’s economic growth story increasingly uneven

India’s ambassador to the US Vinay Mohan Kwatra said India’s transformation is driven by strong economic growth, governance reforms, digital and physical infrastructure, and technological innovation. He highlighted deepening India–US ties and India’s goal of becoming a developed nation by 2047

Bangladesh PM adviser Rashed Al Mahmud Titumir warned IMF loan conditions may slow growth and worsen inflation. Experts at a Dhaka seminar cautioned that rigid reforms, rising debt, and weak institutions could push Bangladesh toward economic and middle-income traps

Telangana power utilities successfully met a record peak electricity demand of 18,139 MW on Tuesday morning without any interruption. Deputy Chief Minister Mallu Bhatti Vikramarka hailed the achievement as a reflection of the state’s economic growth and operational efficiency.

In Amman, Prime Minister Narendra Modi invited Jordanian companies to invest in India, highlighting its 8%+ growth and emerging sectors like healthcare, dry-climate farming, and food infrastructure. He emphasized long-term India-Jordan economic cooperation and mutual benefits for businesses and citizens

Andhra Pradesh Chief Minister N Chandrababu Naidu called for revising government business rules to enhance governance, arguing that frequent constitutional amendments justify such reforms. He instructed officials to prioritise accountability, technology-driven systems, last-mile service delivery and strengthened grievance redressal mechanisms to improve public satisfaction

Andhra Pradesh IT and Education Minister Nara Lokesh reiterated that creating 20 lakh jobs in five years is the state government’s top priority. He highlighted Rs 20 lakh crore investments capable of generating 16 lakh jobs and stressed the need for stable, long-term governance.

India’s GST collections rose marginally to Rs 1.70 lakh crore in November, supported by policy reforms and higher import IGST. Net GST revenue grew 1.3per cent, while April–November collections rose 7.3per cent, reflecting steady consumption and economic momentum

India, already the world’s fourth-largest economy, is projected to become the third-largest by 2030 with a $7.3 trillion GDP. Strong sectoral growth, softening inflation, and policy reforms are driving sustained economic momentum and global investor confidence

India has entered the “major power” category in the Asia Power Index 2025, driven by economic growth and improving military capability. However, significant gaps remain between India’s potential and its actual influence, particularly in diplomatic relationships and defence networks

Union Commerce Minister Piyush Goyal urged industry leaders at FICCI’s AGM to adopt bold targets, increase domestic investment in startups and R&D, involve next-generation leaders, and expand engagement beyond major cities to strengthen India’s long-term economic growth

Andhra Pradesh Chief Minister N. Chandrababu Naidu invited European investors to explore the state’s potential, describing it as a gateway to the global market. He highlighted major investments including Google’s $15 billion AI data centre and the state’s 160 GW green energy goal

India’s industrial output grew 4 per cent in September, steady from the previous month, driven by manufacturing growth aided by GST rate rationalisation and festive demand. The manufacturing sector expanded 4.8 per cent while mining contracted and power generation rose 3.1 per cent, NSO data showed

Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Memorial Prize in Economics for their work on “creative destruction,” explaining how innovations replace outdated technologies. Their research combines historical analysis and mathematical models to quantify the mechanisms driving economic growth

The government said GST reforms have rationalised food processing tax rates to 5 per cent, reducing compliance burden, correcting duty anomalies, and making food more affordable. The move is expected to boost demand, encourage investments, strengthen MSMEs, and create jobs across the sector