Indian Economy News

November 12, 2025

Festive hiring in India rises 17% as gig, temporary jobs surge: Report

India’s festive season hiring rose 17% YoY in 2025, driven by retail, e-commerce, and logistics demand, marking the strongest year for flexible employment since the pandemic.

India to be third largest economy by 2028: UBS

UBS projects India’s GDP to grow 6.5% annually between FY28-30, making it the world’s third-largest economy by 2028, driven by strong consumption and policy stability.

India’s office market leads workplace transformation in Asia-Pacific

India’s office market is evolving toward sustainable, tech-enabled, and inclusive workspaces, with demand for Grade A offices projected to hit 70 million sq. ft. in 2025.

Mobile exports find stronger signal, hit record US$ 2.4 billion in October

India’s smartphone exports hit a record US$ 2.4 billion in October 2025, pushing April-October FY26 exports to US$ 16 billion, up nearly 50% YoY, led by Apple vendors Foxconn and Tata Electronics.

Mutual funds pour US$ 986 million in IPOs in Q2 FY26; small-cap bets stay strong

India’s mutual funds invested US$ 986 million in new-age and small-cap IPOs in Q2 FY26, reflecting strong confidence in emerging businesses despite market volatility.

GST reduction: New life insurance business premium touches US$ 3.83 billion in October

India’s life insurance premiums rose 12.1% YoY to US$ 3.83 billion in October 2025, driven by GST removal and rising demand for recurring life insurance products.

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