Foreign direct investment by Indian firms overseas witnessed a significant drop last month.
Tag: India economy
India’s Manufacturing PMI Holds Above 53.9 — Indicating Continued Expansion in the Sector
India’s seasonally adjusted HSBC Manufacturing Purchasing Managers’ Index remains comfortably in expansion territory supported by strong order books and output.
India’s Current Account Deficit Expected to Widen to $37 Billion in 2026 on Stronger Import Demand
Goldman Sachs projects a wider trade gap as India’s improving domestic consumption pulls in more non-oil non-gold imports even as services exports stay strong.
RBI releases report on Performance of Private Corporate Business Sector during 2025-26
The Reserve Bank of India released its annual performance report on the private corporate sector for FY26.
India’s Forex Reserves and Low Inflation Cited at New York Investor Roundtable
RBI Governor Sanjay Malhotra highlighted India’s economic resilience and regulatory reforms to foreign institutional investors at a New York roundtable.
Viral Claim About Poll Showing India Surpassing China in Economic Output Found to Be Inaccurate
Indian fact-checkers debunked a viral social media graphic claiming India had already overtaken China in total economic output citing misrepresented IMF projection data.
India’s Eight Core Sector Industries Post Modest 1.7% Growth in April 2026
Government data showed that India’s eight core infrastructure sectors including steel coal and cement collectively grew by just 1.7% in April 2026.
Finance Minister Nirmala Sitharaman Slams Fearmongering About India’s Economic Progress
Union Finance Minister Nirmala Sitharaman strongly criticised what she called deliberate fearmongering and pessimism about India’s economic trajectory and growth story.
India’s Current Account Deficit Rises to $13.2 Billion in December Quarter
India’s CAD widened to 1.3% of GDP in Q3 FY26, mainly driven by a larger merchandise trade gap, according to official data.