The Consumer Packaged Goods sector (called Fast-Moving Consumer Goods or FMCG in India) and broader retail sector in India reported further acceleration in the last quarter of 2025. Key Drivers of Growth The industry recovery is attributed to a confluence of factors settling after the initial disruption of GST reforms....
India’s Economic Resilience Earns IMF Praise
At a time when global markets face turbulence due to U.S. trade tariffs, IMF Managing Director Kristalina Georgieva has expressed strong confidence in India’s economic trajectory. She commended India’s bold reforms, particularly its successful implementation of the digital identity system, Aadhaar, which defied global skepticism. Georgieva highlighted India’s emergence as...
India’s Economy Surges Despite Global Uncertainty
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 Raises India’s GDP Growth Outlook
Moody's, a prominent ratings agency, has recently revised its growth projections for India's economy, painting a more optimistic picture for the coming years. For the fiscal year 2025, Moody's has increased its GDP growth forecast to 7.2%, up from its previous estimate of 6.8%. Looking further ahead to 2025, the...
India’s Consumer Confidence Surges
Consumer confidence in India has reached its highest level since mid-2019, according to a recent survey by India's central bank, the Reserve Bank of India (RBI). The survey findings, released on Friday, indicate a sustained recovery in consumers' confidence regarding the current economic situation. Sentiment surrounding both the general economic...
Powered by Digital Public Infrastructure India’s Masses Modernize
A G20 policy document prepared by the World Bank says that India has achieved financial inclusion targets in just 6 years which would otherwise have taken at least 47 years. Transaction accounts from approximately one-fourth of adults in 2008 are now over 80 percent” the report says. *UPI: A Unified Payments...