Category: Economy

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India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say

India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital…

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West Asia’s unquiet hour: Hidden costs and a strategic opening for India

Wars, in our time, rarely remain confined to the territories in which they erupt. They travel through oil prices, shipping lanes, data cables, and inflation…

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Fitch unit cuts India’s economic growth targets amid Iran war

India’s GDP growth projection for financial year 2026-27 has been revised downward from 7 per cent to 7.7 per cent, as per India outlook report…

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Non-vegetarian thali cost drops 1% in March; Vegetarian thali prices remain stable: Crisil Report

The cost of a home-cooked non-vegetarian thali fell by one per cent year-on-year in March 2026, while the price of a vegetarian meal remained stable…

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Part of state capex loan tied to fiscal discipline

NEW DELHI: The Centre has, for the first time, tied a portion of funding under the Special Assistance to States for Capital Investment (SASCI) scheme…

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MSMEs seek force majeure relief amid Gulf war disruptions

New Delhi: Small companies that have contracts with the government and public sector units have urged the Centre to invoke force majeure amid increasing disruptions…

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Unseasonal rain may dent wheat output, quality
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Unseasonal rain may dent wheat output, quality

Pune: Unseasonal rain and hailstorms in parts of India in the past week may reduce wheat output by 3-4% and hurt grain quality while also…

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Fitch upgrades Vedanta Resources to BB-, outlook stable
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Fitch upgrades Vedanta Resources to BB-, outlook stable

Mumbai: Fitch Ratings has upgraded Vedanta Resources to ‘BB-‘ from ‘B+’, while maintaining a stable outlook. The upgrade takes the rating on the company’s bonds…

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Govt extends implementation timeline for quality control order on electrical appliances till October

New Delhi: The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months, till…

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RBI keeps investment limit for FPIs in G-secs unchanged for FY27

Mumbai, The Reserve Bank on Monday said the investment limit for foreign portfolio investors in government securities through the general route will remain unchanged at…

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