India economy
Global Economy Shows Resilience with 3.2% Growth Forecast Despite Trump's Trade Policies
Dec 02, 2025 09:28 pm CST
The OECD has upgraded its global economic growth forecast to 3.2% for 2025, highlighting unexpected resilience despite President Trump's trade barriers. While the US growth projection improved to 2%, experts warn that tariffs will eventually impact prices and consumption. China maintains 5% growth, while India leads major economies at 6.7%, demonstrating the complex dynamics of the current international economic landscape.
Operation Sindoor: A Model of Civil-Military Integration According to Defence Minister Rajnath Singh
Nov 29, 2025 07:46 pm CST
Defence Minister Rajnath Singh praised Operation Sindoor as an exemplary case of civil-military coordination during the 100th Common Foundation Course ceremony at LBSNAA. He highlighted the balanced response against terror camps while emphasizing the crucial role of civil servants in national security and India's development journey toward becoming the world's third-largest economy by 2047.
Indian Household Consumption Shifting from Necessities to Asset Building: EAC-PM Report Reveals Changing Economic Patterns
Nov 25, 2025 06:56 pm CST
A new report from India's Economic Advisory Council reveals a significant shift in household spending patterns, with consumers increasingly prioritizing asset-building investments over basic necessities. This trend, visible across income groups including the bottom 40% of households, shows growing ownership of motor vehicles, refrigerators, and mobile devices, signaling improved living standards and reduced asset poverty nationwide.
India's GST Collections Surge 4.6% to Rs 1.96 Lakh Crore in October Despite Rate Cuts
Nov 02, 2025 01:43 am CST
India's GST collections rose by 4.6% year-on-year to Rs 1.96 lakh crore in October, marking the 10th consecutive month above Rs 1.8 lakh crore. Despite recent rate rationalization, strong festive demand has maintained robust tax revenues, while direct tax collections also increased by 6.33% this fiscal year, highlighting positive economic growth trends.
India's Retail Inflation Hits 8-Year Low of 1.54% in September 2025: Impact on Monetary Policy
Oct 14, 2025 01:28 pm CST
India's retail inflation has dropped to an 8-year low of 1.54% in September 2025, falling below the RBI's comfort zone for the second time this year. This significant decline is primarily attributed to reduced prices of vegetables, fruits, and pulses, alongside GST rationalization effects. Economists project continued moderate inflation and anticipate a possible 25 basis point rate cut by December 2025, as the RBI revises its inflation outlook downward to 2.6% for 2025-26.