India delivered a pleasant surprise in its GDP growth story last week! Reuters had predicted India's GDP to grow at 6.7 percent for the quarter ended June 2025. All 12 economists polled by the The Wall Street Journal had projected a slowdown to a median of 6.6 percent. But, boosted...
India’s GDP Rose Over 20% in Q2
India's economy grew at a record pace in the second calendar quarter. Even as the country grappled with a devastating wave of Covid-19, GDP rose 20.1% in the three months to June 30, compared with a record contraction in the same quarter a year earlier. "The record year-on-year rise in...
Growth Slows in China, Rises in India
According to London, U.K.-based Capital Economics, an independent economic research company, China's period of par excellence performance might be ending soon. In its 'Long-Term Global Economic Outlook' the firm says that China's policies of high investment and rapid debt accumulation, make it vulnerable to a sharp deceleration. China's export-driven growth...
FDI Surges in India
Overseas investors’ holdings of Indian stocks and bonds have picked up, rising more than $8 billion in 2017. "India’s current account deficit is being financed in large part by foreign direct investment inflows," said Shilan Shah, Singapore-based economist at Capital Economics. "This is a positive reflection of Prime Minister Modi’s...
Industrial Output Growth in India Reaches 5-year High
Reuters reports that India's industrial output grew at its fastest pace in five years this October, propelled by manufacturing – factory output, utilities and mines grew 9.8 percent, its fastest pace since October 2010. Soumya Kanti Ghosh, chief economic advisor at state-held State Bank of India, reckoned that this data...
The Strongest BRIC? India?
Of all the fast-growing BRICS countries, only India stands strong right now according to an article in Business Insider. It says "While much of the world is in a dark place economically — Brazil is embroiled in a corruption scandal, sanctions continue to constrain Russia's economy, China is slowing down,...