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Economic growth
Today17 stories · 24 articles
Net tone▲ +42% today
Market check
Developing5 storylines
Economic growth in three lines
- Rural FMCG volumes fell 5% in the June quarter
- Uttar Pradesh targets annual exports of ₹5 lakh crore by 2030, up from ₹2 lakh crore now
- Private-sector capex is projected to rise to ₹3.2 trillion in FY27
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Data● mixedChina industrial profit growth slows to 4.2% in AugustIndustrial profit growth was 4.2% in AugustChinaTrade dataAsian markets
Data● mixedMint Quick Edit | Foreign direct investment inflows are looking up: Can this upturn be sustained?FDIMutual fund flowsDII flows
● mixedTailwinds under-appreciated, India can absorb global shocks and grow: DBS Bank group chief economist Taimur BaigDBS chief economist Taimur Baig says India and the global economy are coping better with shocks than many believeConsumer demandGlobal marketsGDP
● mixedIndia's space sector: Slow burn, hard-won successes - and then liftoffIndia’s space programme has transformed over 35 years, from PSLV to Chandrayaan and private-sector reforms
Data▼ bearishFMCG Sector Under Pressure As Rural Volumes Fall 5% In June Quarter: NielsenIQRural FMCG volumes fell 5% in the June quarterFMCG and consumptionConsumer demand
Policy● mixedUP targets ₹5 lakh crore in annual exports by 2030 from ₹2 lakh crore now: Piyush GoyalUttar Pradesh targets annual exports of ₹5 lakh crore by 2030, up from ₹2 lakh crore nowTrade dataGDPMaharashtra
Data▲ bullishBihar’s ₹21,000 crore mineral reserves may generate over ₹5,000 crore annual revenue, says reportBihar mineral reserves are valued at over ₹21,000 croreMiningCritical mineralsMetals and mining
Policy● mixedUttar Pradesh has emerged as preferred investment destination: Piyush GoyalPiyush Goyal said Uttar Pradesh has emerged as a preferred investment destinationManufacturingDinesh PantMaharashtra
Data▲ bullishIndia’s consumer durables market could reach ₹3.25 lakh crore by 2030Market projected to reach ₹3-3.25 lakh crore by 2030ManufacturingElectronics manufacturingFMCG and consumption
Data▲ bullishPrivate sector capex projected to rise to ₹3.2 trn in FY27: RBI bulletinPrivate-sector capex is projected to rise to ₹3.2 trillion in FY27InfrastructureRBIGovernment capex
Data▲ bullishAyush services sector could reach $318 billion by 2047Sector contribution estimated at $36.92 billion
Expansion● mixedSBI business could touch Rs 200 lakh crore by 2030 on current growth: Chairman CS SettySBIPSU banksCredit growth
Expansion▲ bullishIndia needs to utilise resources beneath earth to become self-sufficient: Anil AgarwalVedanta Group has invested ₹1 lakh crore in OdishaVedantaMetals and miningGDP
Data▲ bullishIndia’s tourism sector contributes 5.22% to GDP, supports 8.46 crore jobs: GovtTourism contributes 5.22% to GDP and supports 8.46 crore jobsHotels and travelGDPJobs and layoffs
Policy▲ bullishGOBARdhan could change the economics of India’s rural economyGOBARdhan could create new markets involving farmers, aggregators, entrepreneurs, agricultural businesses and energy producersAgricultureGDP
Data● mixedThe week ahead in numbers: Factory growth, GST collections, vehicle salesThe week ahead includes factory growth, GST collections and vehicle salesGSTTax collectionsAuto sales