Category: Economy
India’s state election results are out. Is cash inflow next? Here’s a warning
Implementing populist promises that featured prominently in election wins in key Indian states this week risk straining their finances, with economists warning of wider fiscal…
India’s warchest has better ammo than its peers. Moody’s approves
India has emerged as the most resilient large emerging markets in navigating a turbulent global economic cycle since 2020, outperforming peers such as Mexico, Brazil…
Indo-Pacific trade pact losing relevance under Trump’s aggressive strategy: GTRI
New Delhi: The Indo-Pacific Economic Framework for Prosperity (IPEF), a 14-member grouping including India, the US and Australia, is losing relevance under US President Donald…
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
MUMBAI: Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to…
Pharma exports surpass $31 billion in FY26 despite global headwinds
New Delhi: India’s pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is…
BJP gains in Bengal may accelerate reforms push amid economic headwinds
New Delhi: The BJP’s latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government’s reforms push as…
RBI flags false loan waiver claims by some, warns of legal action
MUMBAI: The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not…
Direct tax mop-up misses FY26 target; Collections rise 5%
New Delhi: India’s net direct tax collections recorded a moderate uptick in FY26 though the mop-up fell short of the revised estimates by ₹81,000 crore,…
PMI rises to 54.7; Inflation pressures mount
New Delhi: India’s manufacturing sector activity picked up modestly in April, driven by improvements in new business orders and production, a private survey released on…
India to testify at USTR overcapacity probe on May 8
New Delhi: Indian trade officials and industry representatives will testify on May 8 to push back against the US’ claims of structural excess capacity and…