‘Missing’ GDP Figures Are a Fiction, SBI Research Says, Defends New GDP Series

The debate over the alleged “missing” crores in India’s nominal GDP estimates is based on a flawed comparison of different GDP series and has no sound economic basis, SBI Research said in a report on Tuesday.

The report strongly…

India Can Become World’s Largest Economy by Harnessing Demographic Dividend: Michael Patra

India has the potential to become the world’s largest economy, but achieving that goal will depend heavily on how effectively the country uses its young workforce and carries out structural reforms, former Reserve Bank of India Deputy Governor…

India Becomes a Major Diesel Supplier to Europe as Russian Supplies Remain Tight

India is emerging as an increasingly important supplier of diesel to Europe as Russian exports remain severely constrained and shipments from the United States show signs of weakening, according to energy intelligence firm Vortexa.

Indian refiners…

E-way bill generation rises 7.7% in August to third-highest monthly level

E-way bill generation rose 7.7 per cent year-on-year to 139.08 million in August, marking the third-highest monthly level on record and indicating continued momentum in goods movement and formal economic activity.

The August figure was 9.95…

India’s Data Centre Boom to Add 0.13% to GDP by 2030: Moody’s

India’s rapidly expanding data-centre industry is set to boost economic activity, but its direct contribution to the country’s overall GDP will remain relatively modest, reaching around 0.13 per cent by 2030, according to a report by Moody’s…

RBI Swap Window Boosts India’s Forex Reserves, Strengthening Rupee Defence

The Reserve Bank of India’s special foreign exchange swap facilities have attracted around $136.3 billion by the end of August, significantly higher than market expectations and potentially taking the country’s foreign exchange reserves…

India Faces Massive EV Charging Gap as Demand Could Rise to 1.32 Million Points by 2030

India’s electric-vehicle ambitions are running into a major infrastructure challenge: the country could need as many as 1.32 million EV charging points by 2030, compared with just 67,657 chargers installed as of August 2026.

The figures,…

Mahindra & Mahindra records 42% jump in August auto sales, SUV demand remains strong

Mahindra & Mahindra Ltd reported a strong performance in August, with overall auto sales rising 42 per cent year-on-year to 1,07,648 vehicles, including exports, as demand remained robust across its key segments.

The company said domestic…

India’s Fiscal Deficit Falls to 26.8% of FY27 Target in April-July, Easing Pressure on Finances

India’s fiscal position showed improvement during the opening four months of financial year 2026-27, with the Centre’s fiscal deficit narrowing to Rs 4.55 lakh crore by the end of July, according to government data released on Monday.

PARIVARTAN Scheme Gains Momentum as 1,300 Vehicle Owners Register for Green Upgrade

The Centre’s PARIVARTAN Scheme, aimed at replacing older and more polluting BS-IV trucks and buses with cleaner BS-VI or electric commercial vehicles in Delhi-NCR, is gaining traction, with more than 1,300 applicants registering for benefits…