India’s GST collections for November posted the slowest growth of the financial year, impacted primarily by the recent GST rate rationalisation and transitional adjustments. While overall mop-up remained stable, the month saw softer...
India’s industrial output growth decelerated steeply to 0.4% in October, slipping from 4.6% recorded in September. The slowdown was driven by weaker manufacturing activity, subdued mining output and uneven performance across key industrial...
The Finance Ministry’s latest Monthly Review of Accounts indicates strong and steady revenue performance for the Government of India, alongside higher fund transfers to states. The data highlights resilient tax collections, disciplined fiscal...
CRISIL has revised India’s GDP growth forecast for the current financial year to 7%, citing strong domestic demand, resilient consumption and improved investment activity. The rating agency believes that India’s growth trajectory remains...
Global rating agency Moody’s Ratings projects that India will spearhead growth across the Asia-Pacific region and emerging markets in 2025 and 2026, with GDP growth estimated at 7% in 2025 and 6.4% in...
Indian companies remain among the most optimistic globally despite facing rising tariff barriers and geopolitical disruptions, according to a recent HSBC survey. The findings highlight India’s strong business sentiment, resilience in export expectations,...
India remains confident it will meet its fiscal deficit target of 4.4% of GDP for FY26 despite introducing major consumption tax cuts. The GST overhaul announced by Prime Minister Modi—including slashed rates on...
India is bracing for the economic turbulence triggered by the U.S. doubling tariffs on Indian exports—a retaliatory measure over India’s stance on Russian oil imports. According to Fitch’s CreditSights, while the direct impact...
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