Indian Economy News

November 04, 2025

India's BFSI sector grows 50-fold in 20 years, market cap hits US$ 1 trillion

India’s BFSI sector has grown 50 times in market capitalisation to US$ 1 trillion in 2025, driven by strong credit growth, financialization of savings, and robust balance sheets.

India backing high risk, high impact R&D to drive innovation: Prime Minister Mr. Narendra Modi

Prime Minister Mr. Narendra Modi launched the US$ 11.27 billion Research, Development, and Innovation Fund to boost private-led innovation and position India as a global science and technology leader.

Manufacturing PMI jumps to 59.2 in October amid GST boost, soft input costs

India’s manufacturing PMI rose to 59.2 in October 2025, reflecting strong domestic demand, GST relief, and steady job creation amid easing input costs.

India's festival spending jumps to US$ 67.6 billion after GST cuts as demand rises

India’s festive spending hit a record US$ 67.6 billion in 2025, fuelled by GST cuts and strong demand across automobiles, jewellery, and consumer goods.

GJEPC charts out US$ 100 billion export vision for India’s gem and jewellery sector

India’s gem and jewellery sector has set a US$ 100 billion export target by 2047, backed by policy reforms, digitalisation, and infrastructure to strengthen its global leadership.

India records 999 deals worth US$ 44.3 billion in Q3 CY25: PwC India

India’s deal market hit a six-quarter high in Q3 CY25, with 999 transactions worth US$ 44.3 billion, driven by strong M&A and PE activity alongside record IPO listings.

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