The numbers offer a sliver of hope amid the global uncertainty due to US-Iran war. The table-thumping numbers come amid a challenging global environment marked by geopolitical tensions, oil shocks and economic uncertainty.
5 min read10:35 AM ISTPM Narendra Modi hailed India’s 7.8% real GDP growth in Q1 FY27, calling it a reflection of the country's collective strength. He credited people's hard work amid global challenges and criticised the Opposition for “spreading despair” while stressing the need to maintain growth momentum.
2 min read09:58 AM ISTThe rupee strengthened to ₹95 against the US dollar due to central bank interventions and positive momentum, despite rising oil prices and US Treasury yields. Market participants were surprised by this gain, with ongoing foreign inflows and India's GDP growth providing further support.
2 min read09:05 AM ISTThe country’s latest GDP data offers a heartening picture of the economy in the last quarter. It’s a story of all-round resilience in the face of global headwinds—and perhaps a scale tilter in the context of RBI policy.
1 min read07:00 AM ISTIndia's 7.8% real GDP growth in Q1 FY27 reflects resilience despite global uncertainties and West Asia tensions, CEA V Anantha Nageswaran said. Manufacturing, services, exports and consumption remained strong, while fiscal risks have eased.
3 min read31 Aug 2026India’s economic growth came amid geopolitical uncertainties caused by continuing conflict in West Asia, late onset of the southwest monsoon and uncertain tariff policies.
5 min read31 Aug 2026Sectoral trends point to uneven growth during the quarter, with industrial and services continuing to provide support, but agricultural activity likely slowed down due to the delayed onset of the monsoon.
2 min read26 Aug 2026The concept of stance has always been nebulous, and ‘neutral’ was a way of saying that anything could happen in the future. Today it is accepted that the stance does not need to change before there is rate action. Hence, no change in stance may not really mean anything significant
3 min read5 Aug 2026Economics may sound like common sense at times, but that mustn’t tempt countries to brush aside expertise in this discipline. From India’s 2016 demonetization to America’s recent tariffs, several cautionary tales exist of instinctive governance going wrong.
4 min read2 Aug 2026Icra attributed the stronger momentum to the temporary ceasefire between the US and Iran, prolonged construction and mining activity due to a rainfall deficit, and favourable base effects
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