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Economic growth
Today15 stories · 21 articles
Net tone▲ +29% 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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● mixedIndian economy demonstrates resilience despite increased volatility amid re-escalating tensions in West Asia: RBIRBI said the Indian economy demonstrates resilience amid rising energy prices and increased volatilityRBIMiddle EastGeopolitics
Data● mixedWeekly policy watch: Goyal-Greer meet, IIP, PMI and forex data in focusPolicy calendar includes industrial output, manufacturing activity and fresh forex-reserves dataPMI and IIPManufacturingForex reserves
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
Policy● mixedFM Nirmala Sitharaman sets 10%+ growth target, pushes back against suggestion on ‘missed AI bus’Nirmala Sitharaman set a growth target of 10%+Nirmala SitharamanStartups and VCStartup funding
● mixedHyderabad rising
● mixed‘Groww’s time was 2016, today is deeptech’: Lalit Keshre on India’s next growth phaseGDPMarket valuations
● mixedSitharaman says India could achieve economic growth above 10%Sitharaman said growth above 10% is possibleNirmala SitharamanGDPStartups and VC
Broker call▼ bearishBernstein expects FII flows to stay flat to modestly positive without new growth enginesBernstein expects FII flows to remain flat to modestly positive over the next 12 monthsBernsteinFII flowsNifty and Sensex
● mixedFrom AI models to agents: Sarvam’s Kumar, Emergent’s Jha map India’s next five yearsSarvam AIAI labsAI
Policy● mixedKeralam’s capital expenditure low, committed expenditure high: CM SatheesanAround 80% of Kerala’s revenue went towards committed expenditure, including salaries, pensions and loan interestGovernment capexInfrastructure
Expansion▲ bullishPunjab emerging as major industrial hub, attracted ₹1.89 lakh cr investment in 4 years: MannPunjab attracted ₹1.89 lakh cr in investment over four yearsManufacturingJobs and layoffs
Market move● mixedMumbai prime home prices are up 41% in five years, but 2026 growth is coolingHousingMarket valuationsCPI inflation
● mixedAn economy built on agriculture needs deeper access to equity capitalIndia’s agricultural growth is expected to rely more on organised businesses, value addition, technology, processing and logisticsAgricultureShipping and logistics
Data● mixedReal economy drives financial, external sectors’: RBI on global risksRBIGlobal marketsWorld Bank
Data● mixedThe week in charts: India-NZ FTA, growth forecasts, trillion-dollar clubWeekly charts cover the India-NZ FTA, growth forecasts and the trillion-dollar clubTrade dealsGDPTrade data
● mixedGDP: A different takeMumbai generates more data daily than New DelhiGDPNifty and SensexMarket valuations
Data● mixedRBI says resilient domestic economy cushions India against rising global risksThe RBI cited record forex reserves and a five-year high in net FDIRBIForex reservesFDI
Data▲ bullishIndia’s private capex estimated at ₹3.2 lakh crore in 2026-27: RBIRBI estimates private capex at ₹3.2 lakh crore in 2026-27RBIInfrastructureBanks
Data● mixedRBI Bulletin – September 2026RBI released its September 2026 monthly Bulletin, containing seven speeches, three articles and current statisticsRBIBanksRepo rate
● mixed'They Rejoice At India's Failure': Sitharaman Slams Opposition Over GDP Number ClaimsSitharaman said India is growing despite the odds, responding to opposition claims about GDP numbersNirmala SitharamanGDP
Deal● mixedInvestors Look to Growing Opportunities in the Indian M&A MarketGlobal marketsMarket valuationsTrade deals
Policy▼ bearishOdisha tightens norms for Supplementary Budget for FY27 amid slow capexOdisha tightened norms for its FY27 Supplementary Budget amid slow capexGovernment capexInfrastructureGDP
● mixed12 years of Make in India: What worked, what's unfinished and what comes nextIndustry leaders say manufacturing has moved beyond the import-dependent model of a decade agoManufacturingElectronics manufacturingChip plants
● mixedPayoneer India Cross-Border Excellence Awards: A diverse winner list reflects India’s growing cross-border tradeTrade and tariffsTrade data
Expansion● mixedIndia Mobile Congress launches platform to take Indian technology brands globalElectronics manufacturing
● mixedReforms, global investments to drive Uttar Pradesh to $1-trillion economy by 2029: UP minister Dayashankar SinghGDPMaharashtraDinesh Pant
Policy▲ bullishGovernment disburses ₹36,754 crore under PLI schemes through June 30Cumulative PLI incentives disbursed reached ₹36,754 croreManufacturingJobs and layoffs
● mixedAndy Mukherjee: India can’t afford to have its demographic dividend squandered by AI-induced quiet quittingAI
Broker call▲ bullish$500 billion flywheel! Macquarie lists 3 drivers for strong growth in capital market stocks, lists top picksMacquarie expects strong growth in India’s capital-market sector from FY2026 to FY2030Stock exchangesMarket valuations
● mixedPiyush Goyal: Commerce Secy to visit Mexico next week, trade deal with Peru unlikelyCommerce Secretary will visit Mexico next week; Goyal said a trade deal with Peru is unlikelyTrade dealsMexicoTrade and tariffs
Data▲ bullishWEF survey finds 74% of economists expect strong Indian growth74% of surveyed economists expect strong or very strong Indian growth over the next yearGDPGlobal markets
● mixedPM Modi lauds 'Make in India' success, credits infra, innovation for growthNarendra Modi credited infrastructure and innovation for the success of Make in IndiaNarendra ModiManufacturingInfrastructure
Expansion▲ bullishPearl Global Industries jumps after outlining FY30 growth plansPearl Global Industries rose 3.50% to Rs 1,317.50 after outlining its FY30 targets at Investor DayPearl Global IndustriesMarket valuations
● mixedRising NCD burden threatens productivity and economic growth, says Roche executiveNon-communicable diseases account for about 43 million deaths annually, nearly 75% of worldwide deathsCorporate bonds
Data● mixedDistrict unemployment data needs granular analysis for policymakingNational Sample Survey findings show significant divergence between combined and demographic-specific joblessness figures across key districtsJobs and layoffsGDP
Data▼ bearishDecoded: Sensex lost nearly 3300 points, Nifty dip 1000 since announcement of blockbuster GDP of India | Top 3 reasonsSensex lost nearly 3,300 points and Nifty fell 1,000 since the GDP announcementGDPNifty and SensexMarket valuations
▲ bullishModi marks 12 years of Make in India, cites manufacturing and export growthPM Modi marked 12 years of Make in IndiaNarendra ModiManufacturingElectronics manufacturing
Data▲ bullishIndia records FY26 high of $94.53 billion in FDI; cumulative inflows hit $843 billionFDI reached a record $94.53 billion in FY 2025-26FDIManufacturingJobs and layoffs
● mixedIndia’s Tier-2 GCC growth brings infrastructure, talent into focusGCCsInfrastructureIT services
Data● mixedIndian agriculture enters new phase as diets, incomes and climate reshape farming: ReportThe first phase of Indian agriculture, roughly 1967 to 1995, focused on achieving food securityAgricultureFood pricesCPI inflation
Broker call● mixedIndian stock market will double in five years, says Motilal Oswal’s Raamdeo AgrawalNifty and SensexMarket valuationsDII flows
● mixedMake in India gains remain limited to a handful of sectors, with patchy impactRecent government incentive schemes have seen some successManufacturingJobs and layoffsTrade data
Expansion● mixedIngram Micro expands India operations as AI and data-centre demand growsIngram Micro opened more than 500 positions in India this yearAIData centres
● mixedIndia’s global economic role expands as markets and influence deepen: ThakurGlobal marketsTrade dealsTrade data
Data● mixedStreaming overtakes TV in India’s content investment for first time: MPAOnline streaming accounted for 46% of India’s video content investment in 2025
Data▼ bearishLPG customer base dips after a decadeIndia’s active LPG customer base dipped after expanding steadily for a decadeFuel prices
Policy● mixedFiscal prudence, agile systems to support Viksit Bharat goal: VualnamUnion Budget and fiscal
Data● mixedFewer Indians plan to raise festive budgets in 2026, but high spenders grow: SurveyFewer Indians plan to increase festive budgets in 2026Consumer demand
● mixed'Self-contained civilisation': Indian co-founder visits Shenzhen, returns with a lesson for IndiaMathur highlighted Shenzhen’s metro, pedestrian and cycling infrastructure, parks and public facilitiesInfrastructure
Data● mixedMoSPI data shows domestic travel spending varies by trip purposeIndian households spend different amounts depending on why they travelHotels and travelConsumer demandMoSPI
● mixedIndia is a stable economy with the ability to withstand external headwinds, says DEA Anuradha ThakurDEA Anuradha Thakur said India’s GDP grew from $2.5 trillion to $4.3 trillionAnuradha ThakurGDPGlobal markets
▼ bearishEconomists raise concerns as India's growth increasingly becomes credit expansion-ledIndia’s recent growth acceleration has been supported by a significant rise in bank creditCredit growthBanksGDP
▼ bearishIndia’s credit markets most suppressed among large economies, says Ex-SEBI memberFormer SEBI member says India’s credit markets are the most suppressed among large economiesMarket valuationsSEBIGlobal markets
▼ bearishIndia’s 7% growth run faces capital, investment and judicial hurdlesRBI MPC member Saugata Bhattacharya says India cannot rely on growth or interest-rate differentials to attract foreign capitalGDPRBIGlobal markets
Policy▲ bullishEconomic Affairs Secretary underlines need for household savings to be channelled into India's financial systemEconomic Affairs Secretary Anuradha Thakur urged channelling household savings into India's financial systemAnuradha ThakurFinance MinistryGlobal markets
Policy● mixed16th Finance Commission formula gives excessive weight to GSDP than need: UP finance ministerUttar Pradesh Finance Minister Suresh Kumar Khanna said the formula gives excessive weight to GSDP over needGDPFinance MinistryMaharashtra
● mixedBoP pressure likely to remain a challenge: CEA V Anantha NageswaranCEA V Anantha Nageswaran said India must pursue manufacturing and servicesV Anantha NageswaranManufacturing
Data● mixedIndia’s top consumer durables companies spend less than 1% of revenue on R&D: BCG-CIIIndia’s top consumer durables companies spend less than 1% of revenue on R&DManufacturingElectronics manufacturingFMCG and consumption
Expansion● mixedTop Manufacturer Sees India’s $50 Billion-Plus Factory Push Paying Off by 2030ManufacturingElectronics manufacturingChip plants
Policy▲ bullishEconomic Affairs Secretary says India is building capacity in strategic sectorsAnuradha Thakur said India must build capacity in strategic sectors such as semiconductorsSemiconductorsManufacturingAnuradha Thakur
Data● mixedGerman business sentiment climbs to highest level in three yearsCompanies rated their current business situation more positively as the economy continued to recoverEuropean markets
Data▲ bullishIndia’s consumer durables market could reach ₹3.25 lakh crore by 2030The market is projected to reach ₹3-3.25 lakh crore by 2030Consumer demandFMCG and consumption
Policy▲ bullishMeitY secretary says India needs technology ‘sovereign autonomy’ amid US-China dependenceKrishnan said India needs “sovereign autonomy” in technology amid US-China dependenceUS–ChinaElectronics manufacturingChip plants
Broker call▲ bullishNSE earnings CAGR could grow 15%, says Emkay's Avinash SinghEmkay Global's Avinash Singh projects over 15% long-term earnings CAGR growth for NSENSEEmkay Global Financial ServicesStock exchanges