INDIA GROWTH STORY
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures
Union Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, but Prime Minister Modi's government is ensuring there is "not a supply disruption" for households and the economy. She made the remarks at the Viksit Bharat event in Karnataka on Sunday while laying out India's economic growth story.
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictions
Responding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major economy globally. Citing impressive GDP growth rates and IMF support, she argued that the country's economic resilience is undeniable.
Bio-energy emerging as key pillar of green growth strategy: TPCI
India's really getting into bio-energy as a key player in its green growth and energy shift. The Trade Promotion Council of India (TPCI) is gathering top minds to give the sector a real push. Bio-energy is a big deal for cutting down on fossil fuels, tackling waste issues, and creating jobs, especially in rural areas.
LIC targets stronger market leadership as it approaches its platinum jubilee
LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national development as it approaches its platinum jubilee. With a nearly 60% market share and substantial assets, LIC's growth is intertwined with India's economic progress, aiming to support the nation's 'Viksit Bharat' vision.
Blast OTT release details: When and where to watch Arjun Sarja, Abhirami, Preity Mukhundhan's Tamil action movie after its successful theatrical run
Tamil action-thriller Blast, starring Arjun Sarja, Abhirami, and Preity Mukhundhan, has become a surprise 2026 success, bringing family drama with high-stakes action. Directed by Subash K. Raj, the film is gearing up for digital release, following a strong theatrical run. Read on to know more about it.
India's productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: Report
India's labour productivity gap with China has widened significantly since 2000, despite strong economic growth. The country has yet to achieve an industry-led productivity transformation seen in peers like China and South Korea. Structural constraints, economic disruptions, and the pandemic have hampered progress, with a need for deeper reforms beyond current initiatives.
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Northeast India Infrastructure Summit: Shillong to host exhibition from June 15-16; Nitin Gadkari to attend
FINER announced the Northeast India Infrastructure Summit & Exhibition 2026 (NEIINFRA 2026) in Shillong on June 15-16, 2026. Hosted by the Meghalaya government, the event will convene policymakers, industry leaders, and investors to explore infrastructure development opportunities and catalyze investments for regional growth and economic integration.
Moroccan proverb of the day: 'Travelling leaves you speechless, then turns you...' Life lessons on why experiences matter more than possessions
Moroccan proverb of the day: Moroccan explorer Ibn Battuta's famous quote highlights the transformative power of travel. Journeys leave one awestruck, then equip them with invaluable stories and life lessons. Stepping out of comfort zones, embracing curiosity, valuing experiences over possessions, and recognising each person's unique story are key takeaways. These ancient insights remain relevant today, encouraging exploration and personal growth.
3+ cr women-led enterprises registered under Udyam Portal powering growth: FM Nirmala Sitharaman
Women are becoming India's growth engine with over 3 crore women-led enterprises registered under Udyam Portal, said FM Nirmala Sitharaman in a series of tweets on Friday.
ET Alpha Wealth Summit | India's growth story is real, but 6.5% won't make us Viksit Bharat, warns Garima Kapoor, Elara Securities
India's current 6.5% growth is comfortable but insufficient for its 2047 aspirations, requiring 7.5-8% growth. A lack of corporate investment is the primary hurdle, despite government and consumer demand. However, global reindustrialization and new trade deals offer optimism. Foreign investors are wary due to weak earnings growth relative to India's premium valuation.
ET Alpha Wealth Summit Masterclass | India scores 6-7/10 on growth durability, but the real problem runs deeper, says Nomura's Aurodeep Nandi
India's strong GDP growth hides underlying fragilities. Economist Aurodeep Nandi warns that without boosting domestic demand and investing heavily in research and development, India risks falling into the middle-income trap. Current growth relies on top-tier consumption and services exports. Manufacturing and private investment lag. This structural shift is crucial for lasting prosperity.
ET Alpha Wealth Summit | "Don't buy the consumption story blindly", Sakshi Gupta of HDFC Bank issues a warning most investors are ignoring
HDFC Bank's Sakshi Gupta sees India's growth as resilient but incomplete, rating it a 6 out of 10. While acknowledging strong GDP, she cautions against blindly buying the consumption narrative, deeming it fragile. Gupta highlights the need for structural reforms to boost private investment and suggests foreign capital may return as geopolitical fears ease.
ET Alpha Wealth Summit | India's next decade: AI is an enabler, not a threat; investor expectations the real risk: Kailash Kulkarni
India's growth is diversifying beyond single sectors, with trade deals and manufacturing exports emerging as key drivers. Experts at the ET Alpha Wealth Summit emphasized AI as an enabler, not a threat, and highlighted the rapid financialization of savings. However, a caution was issued against inflated return expectations, with a realistic alpha target of 12% deemed excellent.
Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India's long-term financialisation trend.
IPO market growing, healthy participation needed: Sunder Iyer, Deloitte India
India's IPO arena is poised for dynamic growth, with a wave of businesses on the brink of launching their public shares, fueled by an increase in local investor enthusiasm. This positive momentum is forecasted to last three to five years, compelling investors to sharpen their focus on companies that demonstrate strong governance and lucid financials.
India among Marriott's fastest-growing markets; footprint to double in 5 years
Marriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This expansion includes over 200 hotels in the pipeline. Marriott's confidence stems from India's growing middle class and strong travel demand. The company is committed to investing further in India, bringing more brands and properties to the country.
From Sunil Mittal to Sridhar Vembu, Harsh Goenka on nine entrepreneurs building India as their longest, proudest project
Industrialist Harsh Goenka lauded nine prominent Indian business leaders for their nation-building efforts. Their work spans communication, steel, healthcare, technology, and global business expansion. These entrepreneurs have significantly contributed to India's economic growth, innovation, and employment. The post sparked widespread discussion on the impact of business leaders on national development.
At NITI Aayog meet, PM Modi says India moving ahead despite global headwinds
Prime Minister Narendra Modi stated that India is confidently advancing on its growth path despite global instability. He highlighted the importance of leveraging India's demographic dividend and promoting women-led development as key drivers for achieving a developed India (Viksit Bharat). The Prime Minister also emphasized the role of cooperative federalism and collaboration between states and the center.
Why India is the centerpiece of LG's multi billion-dollar vision for the Global South
LG India growth strategy and consumer electronics market expansion: LG Electronics is targeting a significant revenue increase in India, Saudi Arabia, and Brazil by 2030. India is a crucial market, offering opportunities for both new buyers and upgrades. The company is adapting its products and manufacturing to meet local needs. This strategy aims for profitable and sophisticated growth in emerging economies.
Tata Consumer crosses Rs 20,000 crore revenue mark in FY26, net profit up 20%
Tata Consumer Products achieved a significant milestone, crossing ₹20,000 crore in revenue for FY26. The company reported a 15% revenue increase and a 20% rise in net profit. Growth was broad-based across India and international markets. Tata Consumer is well-positioned to capitalize on India's consumption growth story. The company noted global economic shifts and trade developments.
CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the will
India's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. New-economy sectors are attracting private capital due to clear demand. Energy prices are the single most important indicator to monitor for the economy's future performance. This outlook suggests continued economic progress.
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit Bharat
India's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the lack of private corporate investment, hindering job creation and income growth. Foreign investment is also facing challenges. Experts believe improved execution and innovation are crucial for India's long-term economic success and to avoid the middle-income trap.
Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World Bank
India's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses are key. Expanding international partnerships also supports this growth. India's favorable business environment attracts investment. The large consumer base and trade agreements offer opportunities. The food processing sector is particularly promising for future expansion and rural job creation.
From selling vegetables in Mumbai to studying 18 hours a day: An inspiring journey from struggles to owning a ₹1 crore home at 21
Abhishek Vaishya's inspiring journey began at a Mumbai vegetable cart. He overcame humble beginnings in a small chawl to become a chartered accountant. Vaishya now leads a successful practice in Oman and the UAE. His early life involved waking up early to help his father sell vegetables. This dedication continued through college and his CA articleship.
Capital markets becoming a core avenue for household savings: Sebi chief Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey said capital markets are becoming a key avenue for household savings and wealth creation, supported by rising investor participation and strong fund inflows. Equity issuances crossed Rs 4.5 lakh crore and corporate bond issuances exceeded Rs 9 lakh crore in FY26, reflecting market growth.
"Strengthen aspirations of 140 crore Indians": Rajnath Singh hails India's 7.7% GDP growth in FY 2025-26
India's economy achieved a strong 7.7 percent growth in financial year 2025-26. This performance accelerated to 7.8 percent in the fourth quarter. Defence Minister Rajnath Singh highlighted this resilience, attributing it to the 'Reform, Perform, Transform' mantra. India continues to lead as the world's fastest-growing major economy amidst global uncertainty. This growth strengthens aspirations for Viksit Bharat.
India’s long-term growth story intact despite high valuations: Citigroup CEO Jane Fraser
India's economy faces temporary global challenges. Citigroup CEO Jane Fraser states the nation's strong tech talent and diverse economy ensure its long-term growth. Foreign investors are reassessing valuations and risks. Despite current market volatility, India's fundamental economic story remains robust. The world's multipolar shift is seen as beneficial for India.
Piyush Goyal says India to remain world's fastest-growing economy for next two decades
Union Commerce and Industry Minister Piyush Goyal on Thursday said India will continue to be the world's fastest-growing economy for the next two decades, highlighting the country's ability to convert crises into opportunities and attract long-term global investments.
ET Alpha Wealth Summit: What's next for markets, AI and India's growth story?
Leading investors will convene at the ET Alpha Wealth Summit in Mumbai on June 4 to dissect market trends and identify opportunities. Discussions will focus on artificial intelligence's impact on India's IT sector and the nation's economic trajectory, alongside the durability of India's growth story amidst global uncertainties.
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