The Structural Transformation of the Indian Economy: A Comprehensive Analysis of the S&P Growth Upgrade and Medium Term Macroeconomic Outlook

India’s economy is undergoing a significant structural transformation, reinforced by S&P Global Ratings’ recent upgrade in growth outlook. S&P raised India’s FY26 GDP forecast to 7.1%, reflecting strong economic resilience despite global uncertainties. The revision underscores India’s improved fiscal discipline, robust macroeconomic management, and growing investor confidence. A key milestone was S&P’s upgrade of India’s […]
Sector-Wise Working Capital Trends in India – Manufacturing, Services & Trading

Prologue Introduction Working capital, defined as the difference between current assets and current liabilities, is a critical measure of a company’s liquidity and operational efficiency. Its management, often referred to as working capital management (WCM), plays a pivotal role in ensuring the smooth functioning of businesses by balancing cash flow, liquidity, and profitability. In India, […]
Leasing vs Financing: The Future of Opex in Asset Management

Prologue Introduction Asset acquisition is a cornerstone of business operations, from vehicles and machinery to technology infrastructure and real estate. Traditionally, financing—characterized by asset ownership through loans or other funding methods—has been the primary approach. However, leasing, which emphasizes usage over ownership, has gained traction as businesses increasingly prioritize flexibility and cost predictability. When businesses […]