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Raghuram Rajan thinks India making a big mistake believing 'hype' about its growth

India's former central bank Governor Raghuram Rajan warned that India's strong economic growth is overshadowed by structural challenges like poor education and skills. Rajan said there is urgent need for workforce improvement to harness the potential of the young population.

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FY24: ET poll sees India's growth at 6.6% in Q3, 7% for FY24

Experts said the agriculture sector may have also contributed to the slowdown, even as industry and services kept the economy growing. "The agricultural sector is expected to experience a pronounced slowdown due to diminished rainfall activity and subsequent declines in reservoir levels," said Rajani Sinha, chief economist at CareEdge. "After a lower-than-projected kharif output, rabi sowing has exhibited a sluggish trend through most of the season, except for an uptick in the last couple of weeks," Sinha said.

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India's growth and fast delivery new normal for world: PM Modi

Prime Minister Narendra Modi highlighted India's achievements and growing global trust in the country. He criticized previous governments, emphasized the fast decision-making process, and the change in mindset that has led to India's success. He also mentioned the theme of the TV9 Global Summit regarding India's future growth.

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Fin sector, reforms may drive India's growth at 7 per cent in FY25, says government

Presented ahead of the interim budget for FY25, the review identified education, health and energy security; reducing the compliance burden for small businesses; and improving labour market gender balance as the priority areas for future reforms. It flagged the elevated risk of geopolitical conflicts as an area of concern.

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India's Economic growth: Services could be India's growth driver, help generate 70mn jobs over next decade: HSBC Global Research

India's services sector has the potential to drive growth and job creation in other sectors like manufacturing and agriculture, according to a report by HSBC Global Research. The report suggests that services companies can help smaller manufacturing firms achieve scale by leveraging digital infrastructure and accessing formal credit, cheaper raw materials, and better logistics. HSBC also expressed confidence in India's ability to increase services sector exports, citing its movement up the value chain and the expansion of multinational corporations in the country. However, the report emphasized the need to support labor-intensive sectors to create enough jobs.

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From billionaires to stock market: Ruchir Sharma decodes what's working, what's not for India

Ruchir Sharma, Founder of Breakout Capital and Chairman of Rockefeller International, talks about the global outlook from an India perspective, and what is working or not working for the country

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Q3 GDP growth slowed to 4.7%, shows Mint poll

The base effect is the result of the economy reporting robust growth in the December quarter of 2021 as the economy staged a rapid recovery from the second wave of covid-19

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India's buzzing economic activity belies fears of a slowdown

India’s economy picked up speed in December as business conditions improved, marking a rebound for the South Asian nation that had showed signs of a slowdown the preceding month.

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India's growth resilient despite exogenous threats: Nirmala Sitharaman

Despite exogenous threats, India's well-targeted policy mix, accompanied by major structural reforms and a sound external balance sheet, have aided its growth to remain resilient: FM Nirmala Sitharaman

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