India’s fiscal strategy in recent years has thrived on a very favorable economic landscape. High nominal GDP growth—driven by post-pandemic recovery in india, rising inflation, and strong price effects—created a substantial revenue cushion. Even moderate...
The First Advance Estimates of National Income for 2025–26 released by the Ministry of Statistics and Programme Implementation (MoSPI) present, at first glance, a picture of macroeconomic stability. Real GDP growth is projected at a...
The United Nations’ World Economic Situation and Prospects (WESP) Report 2026, released on 8 January 2026, characterises the global economy of 2025 with a carefully chosen word: resilience. Global output growth, estimated at around 2.8...
The rupee’s journey beyond ₹90 is not an abrupt collapse but a culmination of long-running pressures that have now converged. For years, the currency had been trading above its fundamental value, held there by capital...
The IMF’s recent engagement with India — most clearly reflected in its 2025 Article IV staff report (released 21 November 2025) and in its updated Data Adequacy Assessment (DAA) framework — has done something that...
India Growth Story: Each time India’s GDP data is released, the headlines celebrate growth. Yet behind those glossy numbers lies a more subtle question: how “real” is this real growth we so readily accept? The...
Every economy evolves over time — sectors expand, consumption patterns shift, and new technologies reshape production and trade. To ensure that key economic indicators reflect these changes accurately, the base year used for their calculation...
India’s recently released GDP figures have taken analysts by surprise, with Q1 growth soaring to 7.8%—well above earlier estimates. Various agencies had projected growth in the range of 6.3% to 7%, while even the Reserve...
Emerging economies are wary of the strength of the US dollar. They are taking steps to ensure the soaring greenback doesn’t fuel inflation and derail growth. We explain why they remain vulnerable. In addition, growing...
Small and Medium Enterprises (SMEs) are the backbone of the Indian economy. They contribute about 30 percent to India’s GDP, constitute 48 percent of India’s exports, and employ about 111 million in the non-agricultural sector....
India released its Gross Domestic Product (GDP) data for Q4FY2023 on May 31, 2023; 6.1% real GDP growth in Q4:2022-2023 is a magnificent performance. Even with an array of downside global risk and uncertainties in...
The market sentiment remains fragile. Equities are mostly lower. Japan was a notable exception, and concerns about China’s economy after a sharp decline in imports took mainland and Hong Kong listed companies sharply lower. Europe’s...
