economy

Nandan Nilekani is one of the founders of Infosys, one of the biggest companies in the Indian IT industry. Here is what he has to say: Going by the conventional wisdom of people, India should be an export-led country and we have to grow like Japan, South Korea and China. But this is not the...

I’ve taken a great deal of interest in the Chinese economy of late and I’ve written a number of articles that outline how everything is not so good in the dragon nation. Debt continues to skyrocket, GDP is levelling off and there appears to be stockpiles of commodities that are unused. So how is...

The most important factor behind the recent stabilisation of the Chinese economy seems to be the sharp turnaround in real estate investment. Investment in real estate was up 6.2 per cent in Q1 2016, after rising just one per cent in 2015. Coming into 2016, most analysts had predicted a decline...

Fast paced growth in computer literacy and greater use of data on mobiles will help India's Internet economy grow to $200 billion or 5 percent of the GDP by 2020, Telecom Minister Ravi Shankar Prasad said on Wednesday. Accepting that India's broadband penetration is low, the minister said the...

The economy is expected to grow over 8 per cent this fiscal with the forecast of above-normal monsson raising hopes of the agriculture sector's revival after two successive drought years, Niti Aayog vice-chairman Arvind Panagariya said today. "The economic growth rate will be more than 8 per...

India has replaced China as top destination for foreign direct investment by attracting $63 billion worth FDI projects in 2015, says a report. "India was the highest ranked country by capital investment in 2015, with $63 billion-worth of FDI projects announced," according to fDi Intelligence, a...

The Reserve Bank of India (RBI) is widely expected to slash rates by at least 25 bps on Tuesday. Market participants will also closely track the outcome of the assembly elections in five states. "Next week you could see some amount of uptick before RBI steps in, but the overall market appears...

With its ranking going up by three places, India has now been ranked sixth among the world's 10 largest manufacturing countries The country previously held the 9th rank. It also said that the quarterly index of industrial production ( IIP) shows 1 per cent growth of manufacturing output in the...