The Indian economy holds steady into January, with robust industrial output, auto and services demand, and Centre’s fiscal consolidation on track. Inflation picks up from the recent lows – on a new base and partly driven by rising precious metal prices – but …
Monthly Economic Research Report – February 2026 Read more »
India’s economy sustains momentum through November, supported by robust logistics activity, steady consumption across vehicles and services, and recovering air travel. Inflation remains benign on softer food and energy prices, though core inflation remains sticky amid elevated precious metal costs. …
Monthly Economic Research Report — December 2025 Read more »
October and November data signal resilient economic momentum supported by firm demand as fewer working days tempered industrial production and energy use softened. Autos and EVs led consumption on lower GST rates even as logistics and core infrastructure moderated. Q2FY26 GDP data reinforces robust growth momentum, while benign …
Monthly Economic Research Report — November 2025 Read more »
September data signals improving economic activity with FY2026 GDP forecasts revised higher. Consumption strengthens across digital payments, toll, fuel demand, and air travel with EV adoption surging, though 3-wheelers decline. Supply indicators mixed: robust ports, rail, e-way bills, capex rebound, and steady goods exports contrast with moderate …
NIIF’s September Monthly Economic Report on India (MERI) shows sustained momentum in the Indian economy in August despite mixed signals. Core infrastructure activity remains steady with capex maintaining YTD trajectory while digital payments and EV adoption accelerate. However, softening logistics and moderating fiscal revenues suggest near-term headwinds. Monetary transmission gains traction as banks pass through rate …
Monthly Economic Research Report – September 2025 Read more »
India’s economy demonstrates resilience with robust Q1FY26 GDP growth amid global uncertainties. July indicators present mixed signals – positive momentum in logistics, infrastructure production, surging EV demand, and record renewable generation, while overall industrial growth and auto demand remain subdued. Above-normal monsoon moderates electricity demand, though spatially skewed rainfall poses risks …
India encounters divergent economic trends amid global uncertainties as high-frequency indicators show softening industrial output and 4W vehicle demand alongside sustained momentum in capex, services trade, and air-road travel. Central government accelerates capex spending in April-May while industrial investment builds, …
India’s economy navigated a complex global landscape in May, showing measured moderation amid rising geopolitical tensions. While US oil production growth over the past decade has diversified global energy supply, trade uncertainties persisted with US tariffs and China’s rare earth …
The Indian economy maintains steady growth momentum amidst continued global policy uncertainty. Domestic demand strength shows through record-high air travel and road toll collections in April, supported by steady infrastructure activity with cement and steel production maintaining consistent growth. Trade …
India’s economy remains resilient amid rising global uncertainty reflecting in record high gold prices and elevated US yields. Robust core infrastructure with record high cement, steel, and coal output reflect strong housing and energy demand. Strong logistics movement seen in …
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