The Latest Breaking News from Madan Sabnavis

India may average 7.2% growth this fiscal despite H2 slowdown, potential seen at 8%, says economist

India's economic growth is expected to slow down below 7 percent in the upcoming quarters. Despite this moderation, the overall growth for the year may average around 7.2 percent. Economist Madan Sabnavis indicates potential for long-term growth reaching 8 percent in the coming years. Global uncertainties and local consumption impacts…

The Economic Times · Oct 6

US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist

Proposed US sanctions legislation makes India's trade deal with the United States more critical. Any disruption to crude supplies could raise India's import bill significantly. This situation may pressure the Indian rupee and impact the current account deficit. India will need to assess crude imports depending on ongoing US negotiations.…

The Economic Times · Aug 8

RBI MPC Meeting 2026: Sanjay Malhotra & team keep repo rate at 5.25% as global risks linger with Iran war flare-up

RBI Monetary Policy Meeting 2026: The Reserve Bank of India's Monetary Policy Committee maintained the benchmark repo rate at 5.25 percent. Policymakers are carefully observing geopolitical uncertainties and rising inflationary pressures. Domestic economic growth remains resilient, which supports the central bank's decision. The committee also revised its growth and inflation…

The Economic Times · Aug 5

Production rises 5.2%, led by infrastructure and construction goods, even as 12 of 23 manufacturing sectors report contraction

India’s industrial output picked up some pace in May to grow at a three-month high rate of 5.2% compared to 4.46% in April, with electricity generation growing 0.9% after two months of contraction. 

The Hindu · Jul 12, 2023

India's Q3 GDP at 4.4%; economy to grow at 7% in FY23

NEW DELHI: India's gross domestic product for the third quarter (September-December 2022) of financial year 2022-23 grew by 4.4%, data released by the Centre showed on Tuesday.

The Times of India · Feb 28, 2023

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

MUMBAI: RBI governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting on Monday amid expectations of a smaller 25 basis points rate increase or a pause on the rate hiking spree that started in May last year to check inflation.

The Times of India · Feb 6, 2023

India’s economic growth to slow to 7%, government forecasts

India remains a relative ‘bright spot’ in the world economy, but weak exports are expected to hamper its growth.

Al Jazeera · Jan 6, 2023

State has spent over 19% of the budgeted capital expenditure so far this fiscal

This is higher than the ₹4,527.12 crore spent during the same period in fiscal 2021-22, 9.92% of the budgeted amount

The Hindu · Oct 3, 2022

India to gallop past China as world’s most populated country by 2023

The United Nations estimates India will overtake China as the world’s most crowded place in 2023. Their combined headcount will account for nearly 3 billion of the 8 billion people on the planet by next year.

Radio France Internationale · Jul 17, 2022

IIP growth at 12-month high of 19.6% as key sectors show signs of a rebound

NEW DELHI: The country’s industrial production soared to a 12-month high in May on the back of a statistical base effect and strong performance in manufacturing and electricity sectors, triggering hopes of a robust rebound in the crucial sector.

The Times of India · Jul 12, 2022