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India's composite PMI falls to 60.7; depicts healthy economy

While global manufacturing faces headwinds, India’s economic sectors, particularly manufacturing and services, continue to demonstrate significant growth and resilience.Read more

Indian economy estimated to grow 7-7.2% in FY25: Deloitte

The Indian economy grew at 8.2% in the 2023-24 fiscal year.Read more

Indian economy grows in 24-25 as rural spending increases: RBI

Rural spending is outpacing urban segments, narrowing the rural-urban divide, as highlighted by the recent monthly per capita consumption expenditure (MPCE) survey of the NSSO. Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

Is there a widening impact of Israel -Hamas war on Indian economy?

Israeli–Palestinian conflict is deeply affecting the world economies. Indian manufactures and exporters also concerns on its effect on the country’s economic relations. Ayushi Khandelwal evaluates the effects of the war on Indian economy.Read more

ONDC initiative boosts four key sectors: Deloitte report

Open Network for Digital Commerce (ONDC) is an initiative spearheaded by the Ministry of Commerce and Industry with the aim of establishing a supportive framework to empower small retailers in leveraging digital commerce.Read more

Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23

The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more

Economic Survey: Indian economy is poised for faster growth in the coming decade

Considering the evolving geo-political situation, the Survey notes that India has an opportunity to benefit from the diversification of global supply chains.Read more

Gearing up for Kumbha Mela of machine tools, IMTEX 2023

The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more

Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22

According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more

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