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      • Indian Economy
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      Indian Economy

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      The Indian Economy is one of the fastest-growing and largest in the world, characterized by a mix of agriculture, industry, and a rapidly expanding services sector. India’s economy is diverse, driven by agriculture, information technology, manufacturing, and retail, contributing to its global economic influence. As of 2024, India ranks among the top five economies globally by nominal GDP, making it a significant player in global trade, investment, and policymaking.

      Historically, India’s economy has evolved from agrarian roots to becoming a major hub for manufacturing and technology services. Economic liberalization in 1991 marked a turning point, introducing reforms like foreign direct investment (FDI), privatization of state-owned enterprises, and deregulation, propelling growth. Today, India is known for its strong IT sector, pharmaceuticals, textiles, automobile manufacturing, and a booming start-up ecosystem, with hubs like Bengaluru, Hyderabad, and Gurugram becoming centers of innovation.

      The Indian economy is largely dependent on sectors like agriculture, which employs around 42% of the workforce, contributing significantly to the GDP. Major crops include rice, wheat, cotton, and sugarcane, while the Green Revolution and modern irrigation techniques have boosted productivity. The services sector, particularly IT, telecom, and financial services, has emerged as a key driver of growth, contributing over 55% of the GDP.

      India's economic policies are shaped by government initiatives like Make in India, Digital India, and Atmanirbhar Bharat (Self-Reliant India), aimed at boosting domestic production, technology adoption, and exports. The economy, however, faces challenges such as unemployment, poverty, regional disparities, and an informal sector that employs a significant portion of the workforce. Inflation control, fiscal consolidation, and infrastructure development are central to the government’s agenda.

      Expect Negative Employment Rates For 2020-21: Madan Sabnavis
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      Expect Negative Employment Rates For 2020-21: Madan Sabnavis  |  Watch Video 

      - By Govindraj Ethiraj   |   17 Jun 2021 12:19 PM IST

      Do Not Expect Govt To Stop Relying Heavily On Indirect Taxes: Experts
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      Do Not Expect Govt To Stop Relying Heavily On Indirect Taxes: Experts  |  Watch Video 

      - By Govindraj Ethiraj   |   15 Jun 2021 2:01 PM IST

      COVID-19 Impact: Indias GDP Contracts 7.3% In FY21, Grows 1.6% In Q4
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      COVID-19 Impact: India's GDP Contracts 7.3% In FY21, Grows 1.6% In Q4  

      - By Mohammed Kudrati   |   31 May 2021 6:22 PM IST

      GDP Growth At 0.4% In Q3, Economy To Still Contract By 8% In FY21
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      GDP Growth At 0.4% In Q3, Economy To Still Contract By 8% In FY21  

      - By Mohammed Kudrati   |   26 Feb 2021 6:35 PM IST

      Budget 2021: Govt Will Find Policy Execution Difficult, Say Experts
      Budget
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      Budget 2021: Govt Will Find Policy Execution Difficult, Say Experts  |  Watch Video 

      - By Govindraj Ethiraj   |   4 Feb 2021 3:01 PM IST

      India GDP To Grow 11.5% In FY22, 6.8% In FY23, Says IMF
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      India GDP To Grow 11.5% In FY22, 6.8% In FY23, Says IMF  

      - By Mohammed Kudrati   |   26 Jan 2021 10:04 PM IST

      Post Initial Recovery, Indias GDP Growth To Slow To Around 6.5%: Fitch
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      Post Initial Recovery, India's GDP Growth To Slow To Around 6.5%: Fitch  

      - By Mohammed Kudrati   |   14 Jan 2021 6:41 PM IST

      Bank NPAs May Rise To 14.8% In A Severe Stress Scenario By Sept 2021
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      Bank NPAs May Rise To 14.8% In A Severe Stress Scenario By Sept 2021  

      - By Mohammed Kudrati   |   13 Jan 2021 3:43 PM IST

      Economy Under PM Modi: False Claims Linked To Morgan Stanley Goes Viral
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      Economy Under PM Modi: False Claims Linked To Morgan Stanley Goes Viral  

      - By Mohammed Kudrati   |   5 Jan 2021 1:58 PM IST

      Economy And Companies In 2020: Top 10 Fake Claims
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      Economy And Companies In 2020: Top 10 Fake Claims  

      - By Mohammed Kudrati   |   30 Dec 2020 9:15 PM IST

      Research Houses Upgrade Indias FY21 GDP Estimate Post Q2 Improvement
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      Research Houses Upgrade India's FY21 GDP Estimate Post Q2 Improvement  

      - By Mohammed Kudrati   |   17 Dec 2020 8:00 AM IST

      RBIs Inflation Targets May Be Loosened To Bolster Growth: Bloomberg
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      RBI's Inflation Targets May Be Loosened To Bolster Growth: Bloomberg  

      - By Mohammed Kudrati   |   10 Dec 2020 7:00 AM IST

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