India Economy

Economy

Mint Interview: MoSPI chief confident new GDP series will resolve data concerns

From GDP revamp, to platform workers and income surveys, MoSPI secretary outlines how major resets aim to strengthen India’s economic data.

5 min read15 Feb 2026
Opinion

Mint Quick Edit | What India’s revamped inflation gauge is likely to mean for monetary policy

India has finally updated its tracker of retail inflation after a long wait. An index rejigged to better reflect the prices of what people buy is good news for RBI, which decides whether to tighten, loosen or retain its policy.

1 min read13 Feb 2026
Economy

Rare mix of strong growth, low inflation shows India's resilience: Sitharaman

Replying to the Budget debate in the Rajya Sabha, Finance minister Sitharaman defended the government’s economic record and the FY27 Union budget, contending India has delivered a rare mix of strong growth, price stability and improved spending efficiency.

2 min read12 Feb 2026
Economy

India's retail inflation at 2.75% in Jan under new CPI 2024 series

The first set of data based on the new consumer price index series with 2024 as the base year was below economists' estimates.

5 min read12 Feb 2026
Videos

Can India's Data Centres Boost Indian Economy Like China's Commodity Hubs?

For decades, the development of data center space had been limited to small, enterprise owned server rooms and has now become a top-level strategic priority for the country. The numbers are defining the size of the Indian data center market. But can India's data centre economy boost the market in a same way , like China's commodity boom pushed in 2001. #china #india #data #dataprivacy #datacentre #rahulgandhi #narendramodi #trump #abhinavtrivedi #nirmalasitharaman

12 Feb 2026
Opinion

Rethink 1991: India can’t become a developed country without a course correction in economic policy

India’s GDP growth has been increasingly jobless since the pro-market policy turn of 1991. GDP fixation needs to end. Our progress dashboard must look beyond that metric to track environmental depletion and gauge the risk of social and political disruptions.

3 min read12 Feb 2026
Economy

India's net direct tax collections rise 9.4% to ₹19.43 trillion

Data released by the Central Board of Direct Taxes on Wednesday showed that tax receipts from corporations and individuals between 1 April and 10 February were over 80% of the revised direct tax target of ₹24.21 trillion for FY26. The initial target was ₹25.2 trillion.

3 min read11 Feb 2026
Economy

'Budget addresses global challenges for business: Nirmala Sitharaman

Finance minister counters opposition leader Rahul Gandhi's charge that budget acknowledges challenges faced by India, but fails to tackle them

3 min read11 Feb 2026
Opinion

What monetary policy gains from a reset inflation gauge: It’ll better reflect consumption patterns

India’s long-overdue consumer price index (CPI) update will give monetary policymakers a clearer view of what households spend on—and steadier inflation data to work with. That said, there exist even more accurate ways to track price escalation.

4 min read11 Feb 2026
Opinion

Revise India’s income tax rules for simplicity as proposed but don’t let evasion get easier

The Centre’s draft income-tax rules are broadly welcome, especially their evident effort to ease the filing of returns by taxpayers. However, the government’s proposal to sharply raise the current cap on PAN-free transactions needs a rethink. Why ease evasion?

2 min read11 Feb 2026