India’s economy expanded at an impressive annual rate of 7.4% in the January–March quarter of 2025, surpassing forecasts and reinforcing its position as the fastest-growing major economy. The latest data from the government, released on May 30, showed robust growth driven by strong manufacturing and construction activity. Economists had projected...
Moody’s Pegs India’s GDP Growth at 9.3% for FY22
In its latest report, Moody’s Investors Service projected that the economic growth in India will rebound strongly. It has pegged GDP growth for the nation expanding to 9.3 percent in the current fiscal ending March 2022, followed by 7.9 percent in fiscal 2023. India's rising vaccination rate, stabilizing consumer confidence,...
India’s Forex Reserves Rise to a Record $642 Billion
According to India's Reserve Bank of India India’s foreign exchange reserves climbed by $8.9 billion, reaching a new high of $642 billion in the week ending September 3. This was due to a gain in foreign currency assets, a major component of overall reserves. Expressed in dollars, foreign currency assets ...
India Records Highest Ever FDI Inflow
Net foreign direct investment (FDI) into India hit a fresh high of $43.366 billion in the year ended March 2021 as it crossed the previous year's high of $43.013 billion. India's central bank, the Reserve Bank of India said that while the direct investment to India in FY21 stood at...
India Receives $540 Billion in FDI for FY18
Foreign direct investment (FDI) during the previous fiscal grew 18 percent to over $540 billion, data from India's central bank, the Reserve Bank of India , evidenced. FDI increased by over $60 billion including revaluation of past investments, during 2017-18 to reach $540 billion in March 2018 at market value, according...
India's Manufacturing Sector Records Strong Growth in Q2
An analysis of 2,700 listed private sector non-financial companies conducted by India's central bank, the Reserve Bank of India, indicated that the textile and iron and steel segments maintained their pace of sales growth in the second quarter of 2018-19 as compared to the year-ago period. "The manufacturing sector sales growth...