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IIP growth slows to an 8-month low of 2.7% in April

Image used for representative purpose only. | Photo Credit: Reuters Growth in industrial activity in the country slowed to an eight-month low of 2.7% in April 2025, dragged down by lower activity in the mining & quarrying, electricity, primary goods, infrastructure & construction, and consumer non-durables sectors. According to the Index of Industrial Production for…

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India’s growth story over next two decades hinges on bold reforms, says FM Nirmala Sitharaman

India’s quest for sustained growth over the next two decades hinges on a new paradigm, driven by bold reforms, enhanced domestic capabilities, and strategic institutional collaborations suited for the evolving global landscape, Finance Minister Nirmala Sitharaman said on Monday (April 21, 2025). The last two Union Budgets have laid the groundwork for this transformation, with…

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India’s services sector growth eases slightly in March

Represenatational image. | Photo Credit: The Hindu India’s services sector activity eased slightly in March, weighed down by a marginal slowdown in sales amid softer demand conditions and easing inflationary pressures, a monthly survey said on Friday (April 4, 2025). The seasonally adjusted HSBC India Services PMI Business Activity Index fell from February’s reading of…

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Economy expected to grow 6.4% in Q3: ICRA

Representational image only. Photo: wikimedia.org Investment Information and Credit Rating Agency (ICRA) on Tuesday (February 18, 2025) projected India’s GDP to grow 6.4% in the December quarter on account of enhanced government spending amid uneven consumption. The Indian economy grew at 6.7% in April-June, but it slowed to a seven-quarter low of 5.4% in September…

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