India likely to become $7 trillion economy by 2030; young workforce, digitalization to help: Deutsche Bank

India has become the world's most populous country, with a growing young population that presents promising demographic advantages.

India's services sector activity hits 12-year high in Feb: PMI

<ul><li>The seasonally adjusted S&amp;P Global India Services PMI Business Activity Index rose from 57.2 in January to 59.4 in February -- its highest level in 12 years.</li></ul>

Manufacturing companies' sales growth drops to 10.6% in Q3FY23: Report

Information technology (IT) companies remained on a high growth trajectory and recorded a 19.4% rise in sales. Also, revenue growth for non-IT services companies was supported by steady performance in the trade, transport and telecommunication sectors, the report said.

India's GDP growth slows to 4.4% in Q3: Here's what analysts make of the number

The NSO retained its 2022-23 GDP estimate at 7 percent and revised the growth estimates for 2021-22 to 9.1 percent against the earlier estimate of 8.7 percent.

Palpable impact of Russia-Ukraine war on Indian economy though trade with both countries limited, says report

The indirect impact of the war on the Indian economy was palpable as it partly led to a recession or a severe slowdown in advanced economies, besides jacking up commodity prices in the initial phases, explained the report.

Avoid market noise; focus on broader economic outlook, company's fundamentals, says Saurabh Mukherjea

Saurabh Mukherjea is optimistic about the economic outlook as he pointed out factors such as robust credit offtake, strong demand in the automobile sector and strong credit card spending.

Market fluctuations will be there but India remains long-term story, says Mark Mobius

Mobius said the slowdown in the Indian economy will be the biggest worrying factor for the market. He said the Indian market will be in trouble if people detest reforms.

Budget 2023: Biggest takeaways for the economy, industries and taxpayers

<ul><li>The government highlighted seven priority areas for this budget: Inclusive Development, Reaching the Last Mile, Infrastructure and Investment, Unleashing the Potential, Green Growth, Youth Power, and the Financial Sector.</li></ul>

India’s GDP projected to moderate to 5.8% in 2023, remains ‘strong’ amid challenging prospects: UN

<ul><li>The World Economic Situation and Prospects 2023 report said the world output growth is projected to decelerate from an estimated three per cent in 2022 to 1.9 per cent in 2023.</li></ul>

Premature to think India will replace China in influencing global economic growth: Raghuram Rajan

Rajan said any recovery in the Chinese economy would definitely boost the global growth prospects.

Top Indian Economy News

markets

India likely to become $7 trillion economy by 2030; young workforce, digitalization to help: Deutsche Bank

markets

India's services sector activity hits 12-year high in Feb: PMI

markets

Manufacturing companies' sales growth drops to 10.6% in Q3FY23: Report

markets

India's GDP growth slows to 4.4% in Q3: Here's what analysts make of the number