Nomura has warned that India’s GDP growth could fall to 6% in FY26 if trade talks with the US fail and the recently US imposed 25% tariffs on Indian exports remain unchanged. With key sectors like pharmaceuticals at risk and the US accounting for 18% of India’s exports, the brokerage...
India has surpassed Japan to become the world’s fourth-largest economy, with its GDP reaching US$ 4 trillion, according to IMF data cited by NITI Aayog CEO BVR Subrahmanyam. He projected that India could rise to third place within three years. At the 10th Governing Council Meeting of NITI Aayog held...
India’s economic slowdown and earnings decline have likely bottomed out, as per a recent report by Goldman Sachs. However, it warns that market volatility may continue due to strong domestic investments in small- and mid-cap stocks and global uncertainties, particularly trade tariffs. The report noted that the growth slowdown is...
India has long had a rich untapped potential for religious tourism, even as it continually draws millions of pilgrims and travelers seeking spiritual enrichment. With its vast network of temples, mosques, churches, gurudwaras, and sacred rivers, the country offers an immersive experience that blends faith, tradition, and culture. Religious tourism...
India’s retail sector is poised to surpass Rs 190 lakh crore by 2034, fueled by rapid economic growth and shifting consumer preferences. A joint report by BCG and RAI highlights the key opportunities and challenges retailers must address to succeed in both urban ‘India’ and rural ‘Bharat’ markets. Image credit:...
India’s economic growth is set for a rebound in Q3 FY2025, with GDP expected to rise to 6.4% from the seven-quarter low of 5.4% recorded in Q2 FY2025, according to ICRA. This recovery signals an improvement in economic momentum; however, it may still fall short of the National Statistical Office’s...
Why is the Domincan Republic (DR), with a GDP of US$ 121.44 billion in 2023 and bilateral trade with India valued at US$ 769 million, highly critical for the latter’s future trade growth? Well, the country is a growing hub for foreign investment due to its favorable climate, political stability,...
The Reserve Bank of India (RBI) highlighted a comprehensive overview of India’s economic landscape, emphasising both positive developments and persistent challenges. Despite a welcome reduction in inflation, the RBI stresses that the nation remains in a challenging economic terrain, with global financial conditions posing a significant risk. Anticipating a boost...
India’s services sector exhibited impressive growth in September, with the S&P Global India Services Purchasing Managers’ Index (PMI) rising to 61 from August’s 60.1. This consistent expansion since August 2021 reflects the sector’s longest growth streak since 2011. Â Driven by surging demand and strong sales, India’s services industry, a...
The Indian healthcare industry is worth around US$ 372 billion and is experiencing a digital transformation, with data and Artificial Intelligence (AI) expected to contribute US$ 25-30 billion to India’s GDP by 2025. AI has the ability to completely change the way healthcare is provided by advancing diagnoses, better treatment...
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