Indian economy
Rahul Gandhi's Manufacturing Decline Claims Contested by BJP with Growth Statistics
Dec 17, 2025 09:38 pm CST
Congress leader Rahul Gandhi's comments about declining manufacturing in India during his Germany visit have sparked controversy, with BJP countering his claims using statistical data showing significant growth in electronics and automobile manufacturing sectors. Despite criticizing Indian manufacturing trends, Gandhi praised the TVS-BMW partnership as evidence of Indian engineering excellence.
Rahul Gandhi Sparks Controversy Over Indian Manufacturing Claims During BMW Visit in Germany
Dec 17, 2025 09:30 pm CST
Congress leader Rahul Gandhi has ignited political debate with his comments about declining manufacturing in India during his visit to a BMW plant in Munich, Germany. BJP spokesperson Pradeep Bhandari countered with statistics showing substantial growth in electronics and automobile manufacturing sectors, highlighting a 14-fold increase in vehicle production since 1991 and ambitious targets for India to become a top global automobile manufacturer by 2047.
Indian Rupee Hits Record Low as US Tariffs and Trade Impasse Challenge India's Economic Outlook
Dec 17, 2025 04:36 pm CST
The Indian rupee has fallen to an all-time low against the US dollar, declining 6% this year due to punitive 50% US tariffs, widening trade deficits, and record $18 billion investment outflows. Despite looking undervalued, analysts believe the currency may continue to face pressure until India secures a trade agreement with Washington, creating significant challenges for global investors while potentially boosting export competitiveness in the long term.
India's Export Growth Defies US Tariffs: Strengthening Position in Trade Negotiations
Dec 17, 2025 01:30 am CST
India's exports surged over 22% to the US in November despite Trump's steep 50% tariffs, reaching a decade-high of $38.13 billion and strengthening New Delhi's position in ongoing trade negotiations. This resilience, driven by electronics exports and market diversification, coupled with India's robust 8.2% GDP growth, reduces pressure for hasty trade concessions while talks continue between the two nations.
The $80 Billion Tech Rush: Why Global Giants Are Betting Big on India's Digital Future
Dec 16, 2025 03:59 pm CST
In a remarkable shift from traditional investments of the 2000s, global tech giants including Amazon, Microsoft, Google, and Intel have committed nearly $80 billion to India within just two months. This unprecedented influx targets high-tech sectors like AI, semiconductors, and cloud infrastructure, signaling India's transformation into a global technology hub. With the world's second-largest tech talent pool, a billion-strong digital market, and government policies supporting technological advancement, India stands poised to become the largest applied AI market, despite challenges in infrastructure and education that must be addressed to fully realize this potential.
India's Economic Transformation: Rural Poor Closing Wealth Gap as Asset Ownership Soars
Dec 16, 2025 10:59 am CST
Finance Minister Nirmala Sitharaman reports significant economic progress in India, with rural areas experiencing remarkable growth in asset ownership and purchasing power. Data shows the Bottom 40% acquiring wealth faster than the Top 20%, dramatically reducing inequality across key consumer goods and positioning India as the fastest-growing major economy at 8.2%, despite global challenges.
Understanding the "Hindu Rate of Growth" Controversy: PM Modi Challenges Economic Terminology
Dec 07, 2025 04:21 pm CST
Prime Minister Narendra Modi has criticized the controversial term "Hindu rate of growth," which was coined in 1978 to describe India's slow economic progress post-independence. This article examines the origin of this contentious terminology, its implications, and the ongoing debate surrounding it, including alternative perspectives like the "Hindutva rate of growth" and expert opinions on India's current economic trajectory. The discussion highlights how economic narratives intersect with cultural and religious identity in Indian economic discourse.
Will India and the US Reach a Trade Deal Soon? S Jaishankar Provides Strategic Perspective on Negotiations
Dec 06, 2025 04:33 pm CST
Foreign Minister S Jaishankar discusses the possibility of an upcoming India-US trade deal, highlighting India's commitment to protecting the interests of farmers and workers while seeking common ground with American trade demands. The article examines the key obstacles in negotiations, including concerns about opening India's dairy markets and accepting genetically modified agricultural products.
India's Household Debt Surge: 28 Crore Borrowers with Rs 15.7 Lakh Crore in Outstanding Loans
Dec 05, 2025 09:46 pm CST
India is experiencing a significant rise in household borrowing, with the number of Indians holding outstanding debt doubling to 28.3 crore over seven years. Household financial liabilities have increased from Rs 3.8 lakh crore to Rs 15.7 lakh crore, and debt-to-GDP ratio has grown from 3% to 4.7%. The average debt per borrower now stands at Rs 4.8 lakh, raising questions about economic sustainability.
RBI Cuts Repo Rate to 5.25% as Inflation Hits Historic Low: Impact on Loans and Savings
Dec 05, 2025 01:44 pm CST
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25% amid record-low inflation of 0.25% and a weakening rupee. This article examines how this policy change affects borrowers and savers, the mechanics of repo rate adjustments, and their impact on various loan types including home, auto, and MSME loans.