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INDIA ECONOMIC DATA
India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...- AI can improve forecasting, decision-making and grid reliability in power sector: CEA ChairmanArtificial intelligence holds the potential to revolutionize India’s electricity sector with advanced forecasting capabilities and enhanced...
- 12,700 tech professional return from US in 9 monthsThe data sourced from staffing firm Xpheno shows that the numbers have been steadily going up, from 7,200 in 2023 and 9,800 in 2024. The fi...
- 'Data centres must be seen as strategic infrastructure': Niti Aayog reportNiti Aayog has released a report urging states to consider data centres as strategic infrastructure. The report suggests a structured appro...
- NITI Aayog proposes higher social discount rate for project appraisalNITI Aayog's working paper suggests increasing the social discount rate to 9.23% for project appraisal up to 30 years. This proposal aims t...
- Former UK PM Rishi Sunak meets PM Modi; hails his "commitment, work ethic and energy"Former UK Prime Minister Rishi Sunak met Prime Minister Narendra Modi in New Delhi recently. He congratulated Modi on his 25 years of publi...
- Strong statistical systems key to achieving Viksit Bharat by 2047, says PM's principal secretaryIndia requires a reliable and technology-enabled statistical system to aid evidence-based policymaking. Principal Secretary to the Prime Mi...
- ‘AI agents will need solid data foundation to deliver results’Fragmented data pipeline traps AI tools inside corporate silos, Databricks JAPAC head Simon Davies tells Tanya Pandey & Surabhi Agarwal. Wh...
- Bridging continents: The University of Western Australia brings world-class postgraduate programmes to IndiaIn an exciting development, the University of Western Australia is opening new campuses in Mumbai and Chennai, focusing on postgraduate edu...
- PM GatiShakti completes 5 years, next phase focuses on multimodal connectivity: Piyush GoyalUnion Commerce and Industry Minister Piyush Goyal on Tuesday said the PM GatiShakti National Master Plan would continue to support multimod...
- IMF raises India’s FY27 growth forecast to 7%The International Monetary Fund has increased India's economic growth projections for FY27 and FY28 to 7%. This adjustment reflects resilie...
- Fitch unit raises India FY27 growth forecast to 7.5%BMI has raised India's economic growth forecast for 2026-27 to 7.5% from the previous estimate of 6.8%. The agency cites strong growth mome...
- UK announces £1 billion in new commercial deals with IndiaThe two sides also agreed to exchange data annually on the use of CETA, which came into effect on July 15. The data will cover businesses' ...
- Iran war’s end will be turning point for India, Amundi arm saysAmundi Investment Institute sees potential for Indian equities to rebound if the Iran war ends, easing oil pressures. Despite foreign outfl...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- Google faces backlash against India data centreHandcuffs encircle Google's logo on one campaign poster, while another warns that people "cannot drink data", as opposition mounts to the t...
- Google, Amazon, Meta, Apple fuel India's renewable energy boom as data centre demand surgesMajor technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data...
- Need 'judicious mix' in use of open and proprietary AI models to protect data: IT SecyWarning that using proprietary AI models can involve "the risk of data transfer" and the risk of those models "learning at the cost of our ...
- India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth MishraNeelkanth Mishra from the World Bank Group highlighted the issue of enterprise data accessibility in India. He stated that 99 percent of co...
- Granular district data on unincorporated sector will help create plans to raise productivityIndia’s unincorporated sector is highly concentrated but varies sharply across districts, according to the first district-level estimates f...
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