"india-economy"

India remains relatively insulated from the West Asia conflict due to strong domestic demand, policy buffers, and public investment, the Finance Ministry said, while warning of inflation, fiscal pressures, and wider trade deficits, with risks hinging on energy supply disruptions and global uncertainties

Morgan Stanley reported India’s gross FDI rose to $90.8 billion in January 2026, driven by strong demand and investments. However, net FDI stayed कमजोर due to higher repatriation and outward flows despite improving investment momentum

Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing

India’s economy is projected to grow 6.8–7.2 per cent in 2026-27, according to the Economic Survey, which flagged global trade risks and US tariffs, but maintained that strong fundamentals, policy reforms and resilient demand will keep growth momentum intact

BJP leaders on Thursday said India is poised to become the world’s third-largest economy under Prime Minister Narendra Modi’s leadership, citing strong GDP growth, rising global trust, and recent IMF-linked projections placing India ahead of major global economies

Finance Minister Nirmala Sitharaman said global trade is increasingly being "weaponised" through tariffs and other measures. She emphasized India must negotiate carefully, leveraging its economic strength to safeguard domestic industries amid rising international protectionism

The Indian rupee fell 39 paise to a record low of 90.33 against the US dollar on Thursday, amid delays in the India-US trade deal. Risk-averse markets and sustained foreign fund outflows pressured the local currency

Prime Minister Narendra Modi emphasised India’s strong economic performance with 8.2 per cent GDP growth in Q2, positioning the country as a global growth driver. He underscored India’s role as a bridge-builder in a fragmented world and a pillar of trust amid global challenges.

India’s new labour codes significantly expand social security coverage, formalise gig and platform workers, and streamline compliance for businesses. The reforms introduce universal wages, fixed-term employment benefits, simplified registrations, and higher thresholds for retrenchment approvals, aiming to create a modern, balanced labour ecosystem

India recorded a 16 per cent rise in FDI inflows to USD 50.36 billion in the first half of FY26, the highest ever for the period. Minister Jitin Prasada said FTAs, including the EFTA pact securing USD 100 billion investment, are strengthening investor confidence.

President Droupadi Murmu urged Indian Revenue Service officers to ensure tax collection is smooth, transparent, and technology-driven. Highlighting GST reforms, she stressed fairness, innovation, and citizen-friendly systems as crucial for economic growth, entrepreneurship, and nation-building

Andhra Pradesh Chief Minister N. Chandrababu Naidu praised India’s new labour codes as a landmark reform, highlighting their role in worker safety, fair wages, gender parity, gig worker protections, and aligning workforce standards with global best practice

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

According to RBI data, Rs 2,000 denomination banknotes worth Rs 5,817 crore remain in circulation. Since their withdrawal announcement in May 2023, 98.37 per cent of the notes have been returned. The Rs 2,000 notes continue to be legal tender, the RBI clarified.

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

Finance Minister Nirmala Sitharaman said India has emerged as a stabilising force in the global economy, resilient against trade, energy, and financial shocks. Speaking at Kautilya Economic Conclave 2025, she warned of global uncertainties, shifting alliances, and structural transformations in world order

The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods

YS Jagan Mohan Reddy welcomed the GST restructuring introduced by the Union government, calling it a revolutionary step towards a simpler, fairer tax system. He expressed hope that the benefits will reach consumers and boost economic consumption and investment

Kerala Finance Minister K N Balagopal warned that the state could lose Rs 8,000–10,000 crore annually due to GST rate rationalisation. He urged the Centre to ensure benefits reach consumers and pressed for compensation to states facing major revenue losses

The Congress on Thursday termed the GST overhaul “GST 1.5” and said the wait for a “true GST 2.0” continues. Party leaders Kharge, Chidambaram, and Ramesh demanded five more years of compensation for States, simplification of compliance, and relief for MSMEs