India’s growth to be ‘north of 6.8%’: CEA Nageswaran upbeat on FY26 outlook; cites boost from GST cuts & tax relief

NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now. […]

India’s Pilates pioneer Yasmin Karachiwala on Ozempic, Mounjaro boom: ‘It’s sad people are finding the quick fix’

In India, which has the world’s third-largest number of overweight adults and over 77 million people with Type 2 diabetes, weight-loss drugs are on a boom. Mounjaro, a tirzepatide marketed by American drugmaker Eli Lilly, reportedly became the second-highest selling drug in India in six months. And doctors, mostly endocrinologists, are flooded with queries about […]

Obesity drug Mounjaro becomes India’s top-selling drug, rakes in ₹100 crore in sales

₹100 crore in sales”> Updated on: Nov 07, 2025 03:55 pm IST Eli Lilly’s Mounjaro is making waves in the country’s pharmaceutical market, with demand skyrocketing since its launch in India in March. Eli Lilly’s blockbuster obesity drug Mounjaro became India’s top-selling drug by value for the month of October with sales hitting 1 billion […]

Bengaluru, NCR, and Mumbai drive India’s office demand as absorption almost touches 20 mn sq ft in Q3 2025

India’s office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, […]

Economy

IT rationalisation sparks a strategic reset for India’s staffing industry

Demand for repetitive or low-complexity roles like manual testers, data-entry operators and basic front-end developers has been reducing, as AI tools and low-code platforms now handle many of these tasks.  Staffing firms are recalibrating their strategies amid the current phase of uncertainty and hiring freezes in the IT sector. With companies adopting a cautious approach […]

Economy

Dutch initiative to drive high-value horticulture in India’s peri-urban regions

Strawberries being grown in greenhouses Production of high value horticultural crops such as strawberry and cherry tomatoes is likely to go all round the year soon, catering to the rising urban demand in the country. A Dutch public-private partnership is set to introduce advanced greenhouse technologies and expertise to Indian farmers, powered by artificial intelligence […]

Economy

India’s solar boom could create a ₹3,700 crore recycling market in 2047: CEEW

Recovering and reusing materials from discarded solar panels could be a ₹3,700 crore worth market opportunity in 2047, according to a pair of new independent studies released today by the Council on Energy, Environment and Water (CEEW). The studies also highlight that, if this potential is realised, recovering valuable materials such as silicon, copper, aluminium, […]

Economy

Experts urge national plan to protect India’s marine mammals and coastal biodiversity

At a recent session chaired by A. Bijukumar, Vice-Chancellor of the Kerala University of Fisheries and Ocean Studies, scientists urged the creation of a national marine mammal network to coordinate research, monitoring, and conservation | Photo Credit: MIKE BLAKE/Reuters Amid growing concerns about the challenges faced by marine mammals along India’s coasts, experts called for […]

Economy

India’s services PMI in October eased to 58.9 in October from 60.9 in September.

The international demand for Indian services improved further, as signalled by another increase in external sales. | Photo Credit: REUTERS Growth of India’s services sector slowed in October, while remaining strong overall, supported by resilient demand and Goods and Services (GST) Tax relief. According to data released by S&P Global, the HSBC India Services Purchasing […]