India’s economy surged by 8.2% in the July-September quarter, driven by a strong manufacturing rebound and robust services activity. This marks the fastest expansion in six quarters, with domestic demand fueling production ahead of the festival season. Economists now anticipate full-year growth to exceed 7%, bolstered by pro-growth policies and reforms.
The Adani Group aims to reduce its consolidated debt to Rs 1 lakh crore by 2030, focusing on minimizing reliance on fresh capital for its expansion. The conglomerate plans to invest Rs 1.5 lakh crore annually in new assets over the next six years. The group also expressed interest in acquiring distressed Sahara Group assets,…
The Reserve Bank has concluded a massive six-month overhaul, clearing out 5,673 outdated circulars and consolidating over 3,800 into 244 master directions. This significant regulatory streamlining, involving 9,446 circulars in total, aims to simplify compliance for businesses and reduce costs. The move, driven by a focus on ease of doing business, also introduces seven new…
India’s GDP has grown at a robust 8.2% in the second quarter. Why has the real GDP growth been more than expected and what’s the outlook for the coming quarters? Why are economists pointing to the narrowing gap between nominal and real GDP growth? We explore:
Wall Street saw modest gains on Friday, concluding November’s trading on a shortened schedule. The S&P 500, Dow, and Nasdaq all edged higher. Coinbase surged as Bitcoin surpassed $92,000. Major tech stocks like Alphabet and Micron advanced, while Oracle saw a dip. European markets also posted mild gains, with traders anticipating eurozone inflation data.
India’s fiscal deficit reached 52.6% of the full-year target by October 2025, a notable increase from last year’s 46.5%. Total expenditure touched Rs 26.25 lakh crore, with significant portions allocated to interest payments and subsidies. Government revenue collection is at 51.5% of estimates, indicating a widening gap that warrants attention.
India aims to finalize the initial phase of its Bilateral Trade Agreement with the US by year-end, with commerce secretary Rajesh Agarwal expressing optimism despite global trade shifts. Negotiations have advanced significantly, though last-minute hurdles remain a possibility. Discussions are also progressing on an immediate Framework Trade Deal to address US tariffs on Indian goods.
India’s economy surged past expectations, posting an impressive 8.2% real GDP growth in the second quarter of FY 2025-26, the highest in six quarters. This robust performance solidifies India’s position as the world’s fastest-growing major economy, driven by strong secondary and tertiary sector contributions. Private consumption also showed a healthy uptick.
India’s new labour codes have drastically cut jail-bound offences to just six, down from 87, with 16 now compoundable. This reform aims to simplify compliance for businesses while bolstering worker protections. The government consolidated 29 laws into four codes, emphasizing decriminalization and rationalized penalties, fostering a more facilitative regulatory environment.
