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Who’s rich? Who’s poor? Who’s middle-class?

Most of India earns so little, just ₹2.9 lakh a year puts you in the top 10%. How can this be? Kashyap Kompella takes a gentle, and sometimes bewildered, look

How unequal are we? The bottom half of the country currently owns less than 7% of the nations wealth. The top 1% controls nearly 40%. And the gap is growing.
Updated on May 04, 2025 07:01 AM IST
ByKashyap Kompella

‘India's economy raced fast despite global challenges’: PM Modi

Addressing News18's Rising Bharat Summit, PM Modi said that those who thought that India will move slow and steady, are now seeing "fast and fearless India".

PM Modi affirmed that India will soon become the third-largest economy in the world.(PTI)
Published on Apr 08, 2025 10:06 PM IST
ANI |

US tariffs will ruin our economy: Oppn corners Modi govt

Several Opposition leaders on Thursday attack the Prime Minister Narendra Modi-led Union government over the imposition of 27% reciprocal tariff on Indian exports by the US

US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled
Published on Apr 04, 2025 07:00 AM IST
By, New Delhi

Trump tariffs put pressure on Indian industries, domestic demand may soften blow

The US tariffs have significant implications for the Indian automobile sector, particularly automakers and component suppliers

News of tariff hikes announced by US President Donald Trump is seen on a display screen on the facade of the Bombay Stock Exchange building in Mumbai (AP)
Updated on Apr 03, 2025 02:52 PM IST
BySreedev Krishna Kumar

Inflation eases to 6-month low 3.61% as veg prices fall

Retail inflation in India fell to 3.6% in February, while factory output grew 5.1% in January, indicating a positive economic outlook.

Inflation eases to 6-month low 3.61% as veg prices fall
Published on Mar 13, 2025 06:02 AM IST
By, New Delhi

What the virus cost us: 5 years on, Roshan Kishore writes on the pandemic impact

The Indian economy contracted (by 5.8%), for the first time in four decades. The road to recovery is littered with new roadblocks. We are still paying the price

 (HT Illustration: Rahul Pakarath)
Updated on Mar 07, 2025 06:34 PM IST

'Modi-made crisis': Congress blames PM as gold loans surge by 71.3%

Distress lending is peaking as bank credit slows in other sectors, highlighting economic mismanagement by the government.

Citing the February RBI figures, Congress national secretary in-charge of communications Jairam Ramesh noted that gold loans had increased by an astounding 71.3%.(Unsplash/representative )
Published on Mar 04, 2025 02:04 PM IST
PTI |

India’s GDP growth picks up in Q3 at 6.2%

The latest data also shows the Indian economy crossed a critical psychological threshold when its quarterly nominal GDP crossed the $ 1trillion mark for the first time in a quarter

The latest GDP numbers also mean that the Indian economy has lost 2.7 percentage points in terms of growth momentum between 2023-24 and 2024-25. Even form a supply side perspective, the slowdown is pretty sharp. (Shutterstock)
Published on Mar 01, 2025 06:04 AM IST

Economy tanked under Modi-led govt: Kharge

Congress president Mallikarjun Kharge criticized PM Modi's government for the declining Indian economy, citing stock market losses and job cuts despite tax cuts.

Kharge also pointed to the depreciation of the rupee and its potential impact on the trade deficit. (ANI PHOTO)
Published on Feb 19, 2025 06:36 AM IST
BySnehashish Roy, New Delhi

Follow-through will be Trump’s test for India

Not since the nuclear deal has there been as much pressure on the Indian system to walk the talk on the US relationship

The U.S. Air Force's F-35 fifth-generation fighter aircraft performs during Aero India 2025, a military aviation exhibition at the Yelahanka Air Force Station in Bengaluru on February 13, 2025. (Photo by Idrees MOHAMMED / AFP) (AFP)
Published on Feb 18, 2025 10:04 PM IST

Visionless Modi government has tanked the Indian economy: Mallikarjun Kharge

Kharge said ₹45 lakh crore has been wiped out from the Indian stock markets so far in 2025 and Nifty 50 firms have shown the worst quarterly profit growth in five years

He also criticised Union finance minister Nirmala Sitharaman’s statement on the economy delivering “good returns”. (PTI file photo)
Published on Feb 18, 2025 02:53 PM IST
BySnehashish Roy

GDP growth is set to rebound, slowdown just temporary: FM

As for the Rupee, it has been stable while the US Dollar has been appreciating, the finance minister explained

Union Finance Minister Nirmala Sitharaman replies to the debate on Union Budget 2025-26 in Lok Sabha on Tuesday. (ANI)
Published on Feb 12, 2025 03:00 AM IST
ByRajeev Jayaswal

Priyanka's jibe at Sitharaman over Parliament address: ‘Which planet she…’

Nirmala Sitharaman said today that the Indian economy is witnessing a "speedy rebound" as far as growth is concerned.

Congress MPs Rahul Gandhi and Priyanka Gandhi in the Lok Sabha during the Budget session of Parliament.(Sansad TV)
Published on Feb 11, 2025 08:18 PM IST

In Delhi’s political win, BJP gets a governance gift

The BJP is politically comfortable, and it has a seven-month window to get its economic governance right before the political cycle heats up all the way to 2029

 (HT Photo/Ajay Aggarwal)
Updated on Feb 08, 2025 09:01 PM IST

Economic Survey: Cut red tape to fuel growth engine domestically

Faster economic growth requires continued reforms enabling small and medium enterprises to operate efficiently, the survey said.

Chief Economic Advisor (CEA) V Anantha Nageswaran addressing the media after releasing the India Economic Survey 2024 in New Delhi, India, on Friday, January 31, 2025. (HT Photo)(Hindustan Times)
Updated on Feb 01, 2025 05:08 AM IST
ByRajeev Jayaswal

PM Modi hints at special provisions for poor, middle classes in Budget

PM Narendra Modi evoked the Hindu goddess of wealth and said he was praying that Lakshmi be especially generous towards the poor and the middle classes

Prime Minister Narendra Modi. (PTI)
Updated on Feb 01, 2025 03:40 AM IST

Chidambaram raises concerns over economy

Chidambaram noted that despite India’s higher growth rate, its GDP expansion was smaller compared to the United States and China

Congress leader P Chidambaram releases 'Real State of the Economy 2025' report, in New Delhi, Thursday. (PTI)
Updated on Jan 31, 2025 10:55 AM IST
By, New Delhi

RBI announces measures to inject liquidity into banking system

The Reserve Bank of India announced liquidity measures, including bond purchases and currency swaps, to alleviate a cash crunch.

The Reserve Bank of India's (RBI) measures are expected to collectively infuse 1.5 trillion rupees into the banking system.(HT Photo)
Updated on Jan 27, 2025 08:26 PM IST
Reuters |

Budget 2025: Five concerns of the common man that need FM's attention

Common folks seared by high prices of food items are looking for some relief. HT identifies the top five concerns that Budget 2025 needs to address.

Finance Minister Nirmala Sitharaman is expected to present Budget 2025 on February 1.(PTI)
Updated on Feb 01, 2025 08:26 AM IST

Halwa ceremony, marking lock-in of Budget 2025 documents, to be held on Friday

The customary Halwa ceremony, marking the final stage of the budget preparation process, is set to be held in North Block on Friday evening.

Finance minister Nirmala Sitharaman will present Union Budget 2025 on Feb 1.(ANI)
Updated on Jan 23, 2025 10:47 PM IST
ANI |

Hyderabad fruit seller demands 100 for 1 banana from foreigner: ‘Gora Tax’

A viral Instagram video features a foreigner being charged ₹100 for a single banana in Hyderabad, amusing viewers with comments about the pricing. 

A Hyderabad fruit seller was seen demanding <span class='webrupee'>₹</span>100 for a single banana(Instagram/@hugh.abroad)
Published on Jan 17, 2025 02:18 PM IST

Rekindle the animal spirits

Creating mass demand, leading to a boom in investment, is necessary; encouraging consuming classes to spend will help

Women shop for Christmas decorations at a roadside market in Ahmedabad, India, December 24, 2024. REUTERS/Amit Dave (REUTERS)
Updated on Jan 08, 2025 08:19 PM IST
ByHT Editorial

GDP growth to hit 4-yr-low of 6.4% in FY25: Govt estimate

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.

The National Statistical Office (NSO) released the first advanced estimates of GDP for the fiscal year 2024-25 on Tuesday projecting a GDP growth of 6.4%. (Bloomberg)
Updated on Jan 08, 2025 06:22 AM IST

India’s economy projected to grow 6.4% in FY25, the slowest in four years

The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.

Representational image.
Published on Jan 07, 2025 04:54 PM IST

Uday Kotak's priority areas for Indian economy in 2025: ‘Go for growth...'

Uday Kotak, founder and director of Kotak Mahindra Bank, listed ten priority areas for the overall growth of the Indian economy in a post on social media

Founder of Kotak Mahindra Bank, Uday Kotak. took to social media platform X to talk about the growth of the Indian economy(PTI)
Published on Dec 29, 2024 10:15 PM IST
ANI |

Manmohan Singh was a visionary who listened and never interfered: Raghuram Rajan

Manmohan Singh passed away at 92 on December 26, 2024, being admitted to the emergency ward of Delhi's All India Institute of Medical Sciences (AIIMS)

In this Aug. 17, 2013 file photo, then Prime Minister Manmohan Singh with economist Raghuram Rajan, in New Delhi. Singh passed away on Thursday, Dec. 26, 2024, at the age of 92(PTI)
Published on Dec 28, 2024 05:50 PM IST

Manmohan Singh’s life a reflection of India’s resilient spirit: PM Modi

PM Modi said Manmohan Singh’s humility, sobriety, and intellect, defined his life as a distinguished parliamentarian

New Delhi: Prime Minister Narendra Modi pays his last respects to former prime minister Manmohan Singh at his residence in New Delhi on Friday. (PTI/narendramodi.in)
Updated on Dec 28, 2024 01:44 AM IST

An emblem for the India story

Manmohan Singh’s life and work are entwined with post-Independence India’s transformation from a poor country to a global power

**EDS: FILE PHOTO** Tokyo: In this Oct. 24, 2010 file photo, then Prime Minister Manmohan Singh, in Tokyo, Japan. Singh passed away on Thursday, Dec. 26, 2024, at the age of 92. (PTI Photo/Vijay Verma) (PTI)
Updated on Dec 27, 2024 09:05 PM IST
ByHT Editorial

FICO mourns loss of Manmohan Singh

FICO honored former PM Manmohan Singh with a moment of silence, lauding his contributions to India’s economy and pivotal roles in finance and RBI.

FICO mourns loss of Manmohan Singh
Updated on Dec 27, 2024 07:29 PM IST

The Taste by Vir Sanghvi: Behind the scenes with India’s most humble PM

The unseen journey of Manmohan Singh from an economist at RBI to the reformer PM who changed India forever, reshaped India’s economy—and paid the price for it.

In this Aug. 15, 2013 file photo, then Prime Minister Manmohan Singh is captured during the 67th Independence Day celebration, in New Delhi. Singh passed away on Thursday, Dec. 26, 2024, at the age of 92.(PTI Photo/Manvender Vashist Lav)
Updated on Dec 27, 2024 05:06 PM IST
By, New Delhi
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