Business News: Economy & Markets

Economists from Lucknow, Chennai laud India's projected GDP growth of 7.8 pc in Q1 FY26

IANS | August 30, 2025 4:50 PM

New Delhi, Aug 30 (IANS) Economists from Lucknow and Chennai have lauded India's projected GDP growth of 7.8 per cent in the first quarter of the financial year 2025-26, citing robust consumer demand as the key driver. Despite global headwinds, including US tariff hikes, analysts believe the Indian economy is showing remarkable resilience.

Reflection of Indian economy's strong fundamentals: Former CBEC Chairman on GDP growth rate of 7.8 pc in Q1 FY26

IANS | August 30, 2025 4:48 PM

New Delhi, Aug 30 (IANS) The Indian economy grew by a staggering 7.8 per cent in April-June, the highest in five quarters despite the likely disruptive import tariffs imposed by US President Donald Trump, several economists and analysts, on Saturday, hailed Prime Minister Narendra Modi-led Union government.

Robust Q1 GDP makes India fastest-growing major economy in world: Sanjeev Sanyal

IANS | August 30, 2025 4:42 PM

New Delhi, Aug 30 (IANS) The gross domestic product (GDP) growth estimates for the first quarter of current fiscal (FY26) at 7.8 per cent make India the fastest-growing nation among major economies in the world, Sanjeev Sanyal, a Member of Prime Minister Narendra Modi's Economic Advisory Council (EAC), said on Saturday.

Explained: How Peter Navarro’s allegations on India buying Russian oil hold no water

IANS | August 30, 2025 4:37 PM

New Delhi/Washington, Aug 30 (IANS) After Peter Navarro, Senior Counsellor for Trade and Manufacturing at the White House, alleged in an X thread that India has extended a financial lifeline to Russian President Vladimir Putin’s war machine, government sources on Saturday rejected those claims, saying his view emanates from an oversimplistic and incorrect understanding of the global oil supply chain.

Marketing Indian products in different nations will continue to gain long-term advantages: Ex-GCCI chief

IANS | August 30, 2025 4:25 PM

Ahmedabad, Aug 30 (IANS) Former Gujarat Chamber of Commerce and Industry (GCCI) President Shailesh Patwari on Saturday said that diversifying Indian exports across multiple countries would secure long-term benefits for the economy and contribute to sustained growth in Gross Domestic Product (GDP).

India to manufacture every component of mobile phones, including chips: Ashwini Vaishnaw

IANS | August 30, 2025 4:18 PM

New Delhi, Aug 30 (IANS) India is looking at building global-scale capabilities to support the markets with best quality products and the country will manufacture each and every component used in mobile phones, including chips, cover glasses, laptop and server components, thereby positioning the country as a world player in electronics manufacturing, Union Minister Ashwini Vaishnaw said on Saturday.

India’s engineering goods exports rise 13.81 pc in July; US, Germany lead as top importers

IANS | August 30, 2025 2:34 PM

New Delhi, Aug 30 (IANS) India's engineering goods exports surged 13.81 per cent (year-on-year) in July 2025, driven by increased shipments to the US, the UK, Germany, Japan, Brazil, and China, a report said on Saturday.

Pakistan’s army pockets billions of dollars amid persistent poverty, deep economic crisis

IANS | August 30, 2025 1:59 PM

New Delhi, Aug 30 (IANS) While Pakistan’s middle class has been hammered by stagnant wages, rising prices, and declining economic opportunity, the country’s army has quietly transformed itself into the country’s largest business conglomerate, wielding remarkable influence across almost every economic sector in the country, according to a new report.

India’s passenger vehicle sales cross 10-lakh mark in Q1 FY26

IANS | August 30, 2025 1:55 PM

New Delhi, Aug 30 (IANS) Over 10 lakh passenger vehicles were sold in India in the April-June period, with Maharashtra topping the sales chart, according to latest data from industry body Society of Indian Automobile Manufacturers (SIAM).

India's air passenger traffic projected to grow 50 pc to 600 million by FY30: Report

IANS | August 30, 2025 1:47 PM

New Delhi, Aug 30 (IANS) India's air passenger traffic is projected to increase by nearly 50 per cent -- from 412 million in the last financial year (FY25) to 600 million by FY30, a report said on Saturday.

Business

Economists from Lucknow, Chennai laud India's projected GDP growth of 7.8 pc in Q1 FY26

Reflection of Indian economy's strong fundamentals: Former CBEC Chairman on GDP growth rate of 7.8 pc in Q1 FY26

Robust Q1 GDP makes India fastest-growing major economy in world: Sanjeev Sanyal

Explained: How Peter Navarro’s allegations on India buying Russian oil hold no water

Marketing Indian products in different nations will continue to gain long-term advantages: Ex-GCCI chief

India to manufacture every component of mobile phones, including chips: Ashwini Vaishnaw

India’s engineering goods exports rise 13.81 pc in July; US, Germany lead as top importers

Pakistan’s army pockets billions of dollars amid persistent poverty, deep economic crisis

India’s passenger vehicle sales cross 10-lakh mark in Q1 FY26

India's air passenger traffic projected to grow 50 pc to 600 million by FY30: Report

LATEST NEWS

5th T20I: Happy that Yuvraj still holds fastest T20I fifty record, says Pandya after 16-ball fifty

5th T20I: ‘Surya the batter’ went missing somewhere, he will be back stronger, says Yadav

5th T20I: Varma, Pandya, Bumrah, Chakaravarthy help India clinch series 3-1 win (Ld)

5th T20I: Chakaravarthy, Bumrah star as India beat SA by 30 runs, clinch series 3-1

WTL: Suresh stuns Medvedev in thriller to secure final spot (Ld)

Hijab incident: Complaint filed against Nitish Kumar, Sanjay Nishad; hearing on Jan 3

Bihar: Kidnapping case of Dr Sajal Kumar cracked; 6 arrested

Actor Roshan offers prayers at the Sri Bhadrakali Temple ahead of Champion's release

Sudesh Bhosle remembers late Satish Shah with a popular throwback clip featuring young Sanjay Dutt

IWL 2025-26: Indian women’s football’s finest begin battle in Bengal