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5 Economic Time Bombs Ticking in India Right Now India is celebrated as the world’s fastest-growing major economy. The headlines showcase soaring stock markets, gleaming expressways, and record-breaking IPOs. Yet, beneath this surface lies a more complex reality—spiraling prices, job insecurity, and widening inequality that millions of Indians face daily. In the growing divide between …
Read MoreINDIA’S SERVICES PMI RISES TO 10-MONTH HIGH IN JUNE Why in the News? PMI Surge: India’s Services PMI, also known as the business activity index, rose to 60.4 in June, up from 58.8 in May, marking a ten-month high according to the latest S&P Global PMI survey conducted in collaboration with HSBC India. Domestic boost: …
Read MoreSURJIT BHALLA TO CHAIR TECHNICAL EXPERT GROUP ON HOUSEHOLD INCOME SURVEY Why in the News? First-ever survey: The National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), is set to conduct the first All-India Household Income Survey (IHS) tentatively scheduled for 2026 to estimate income distribution. Guidance group: A Technical Expert …
Read MoreIndia Reassesses US Market Strategy Amid China Tariffs: Implications for Indian Politics and Economy Why in the News? The US’s fresh tariff tweak on Chinese imports, including a proposed 55% levy, is prompting Indian policymakers to recalculate India’s export competitiveness. With India negotiating lower tariffs and China leveraging rare earth dominance, trade dynamics are rapidly …
Read MoreIndia’s Growth Outlook Marred by Persistent Challenges Why in the News ? India’s GDP showed a 6.5% growth in FY25, supported by late momentum, but concerns remain over weak private investment, rural demand, and global uncertainties. Analysts highlight that sustained reforms and domestic consumption recovery are crucial for long-term stability. Domestic Growth: Mixed Signals India’s …
Read MoreRBI Cuts Repo Rate and CRR to Boost Growth Why in the News? The Reserve Bank of India (RBI) has slashed the repo rate to 5.5% and announced a 100 bps reduction in CRR in phases. This RBI interest rate decision aims to boost credit availability, reduce the cost of funds, and support economic growth …
Read MoreIndia’s GDP Rise: Numbers, Methods, and Misconceptions Why in the News ? The IMF’s 2024 estimates and projections suggest India may surpass Japan to become the world’s fourth largest economy by 2025. This has triggered political claims of success, sparking a deeper debate on how GDP rankings are calculated and interpreted. Understanding GDP Rankings and …
Read MoreGDP Figures Show India is Back on the Road to Growth Why in the News? The latest Indian economic news reveals a promising trajectory for the GDP of India. According to the National Statistics Office (NSO), the India growth rate for FY25 is provisionally estimated at 6.5%. This estimate of India GDP data shows a …
Read MoreINDIA’S GROWTH: MIRAGE OR MILESTONE? Syllabus: GS-3: Growth & Development Focus: India is reportedly poised to overtake Japan to become the world’s fourth-largest economy by nominal GDP, as per International Monetary Fund (IMF) projections. While this milestone garners national pride, concerns linger over the true economic competitiveness, per capita income of India, and sustainability of …
Read MoreOver 1.25 Lakh Grievances Resolved via CPGRAMS Why in the News ? The Department of Administrative Reforms and Public Grievances (DARPG) reported that over 1.25 lakh public grievances were addressed in April 2025 through CPGRAMS. The report ranks ministries based on performance and highlights states with the highest user registrations, notably Uttar Pradesh. Grievance Redressal …
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