Tag: Indian Economy

Piyush Goyal Highlights India as Global Trade Anchor

IMF Calls India a Key Engine of Global Growth

IMF spokesperson Julie Kozack says India’s 7.8% second-quarter GDP growth exceeded expectations, highlighting the economy’s resilience and role in global growth.

PM Modi: “Growth Was at the Bottom, Inflation Was at the Peak” in 2013

PM Modi recalled the challenges India faced in 2013, citing high inflation, weak growth, corruption, security concerns and policy paralysis.

PM Modi Hails India’s 7.8% Growth, Calls for Self-Reliance

Prime Minister Narendra Modi has hailed India’s 7.8% growth rate, praising citizens for their resilience and industrious spirit while calling for continued momentum and a stronger push toward Atmanirbhar Bharat.

Nirmala Sitharaman Highlights India’s Growth, Scale and Young Population

Finance Minister Nirmala Sitharaman highlighted India’s position as the fastest-growing major economy, citing its young population, rising consumption, deepening capital markets and expanding digital infrastructure.

PM Modi Highlights India’s Rise, Economic Growth and Push Towards Viksit Bharat 2047

PM Modi said India has transformed from the ‘Fragile Five’ to the world’s fastest-growing major economy, highlighting economic growth, semiconductors and AI skills.

Rahul Gandhi: Youth and Data Will Drive 21st Century Economy

Rahul Gandhi said India’s youth and data will be key drivers of the 21st century economy, stressing the fundamental role of data in building AI.

Nirmala Sitharaman Reflects on India's Early Development Model at NCAER Lecture

Speaking at the C.D. Deshmukh Lecture hosted by NCAER, Union Finance Minister Nirmala Sitharaman reflected on India's early post-independence development strategy. She highlighted the establishment of institutions such as ISRO, BARC, BHEL and the IITs, while noting that slow infrastructure execution, dependence on external powers, and limited focus on exports affected India's long-term economic trajectory.

RBI Governor: Headline Inflation to Guide Monetary Policy

RBI Governor Sanjay Malhotra reaffirmed that headline inflation will remain the central benchmark for monetary policy decisions, while core inflation will be used to assess underlying price pressures and future inflation trends.

RBI Keeps Repo Rate Unchanged at 5.25% for Third Time

The RBI has kept the repo rate unchanged at 5.25% for the third consecutive monetary policy review, citing global uncertainties, rising energy prices and supply disruptions amid the West Asia crisis.

Piyush Goyal Highlights India's $70 Trillion FTA Market Access

Piyush Goyal says India's new FTAs with 38 developed economies provide preferential access to a $70 trillion GDP market while exports continue to grow despite global challenges.

PM Modi Highlights India's 7.7% Growth, Reforms in Monsoon Session

Prime Minister Narendra Modi said India's resilient economy achieved a 7.7% growth rate despite global conflicts and energy challenges. Addressing the Monsoon Session of Parliament, he highlighted major achievements, including a new oil refinery in Rajasthan, the country's third semiconductor plant, and the launch of India's advanced green hydrogen-powered train, crediting reforms and the efforts of scientists, engineers, innovators and workers for driving the nation's rapid progress.