Category: Economy
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgo
New Delhi: The central government’s fiscal deficit stood at ₹7.1 lakh crore, or 41.9% of the target for the entire financial year, at the end…
Pulses import duties may ease over poor rains
NEW DELHI: The government is considering reducing import duties on chana and yellow peas as deficient and erratic monsoon rainfall this year threatens pulse yields…
Agriculture sector binds India-Argentina partnership
Argentine Ambassador to India Mariano Caucino on Wednesday stated that the bilateral link between the two countries is destined to continue expanding in key economic…
CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%
Chief Economic Adviser V Anantha Nageswaran said on Wednesday that the second half of the current fiscal was likely to be challenging as higher oil…
India extends RoDTEP scheme till December 31, keeps export refund rates unchanged
The government on Wednesday extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme till December 31, 2026, providing continued export tax refunds…
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
Domestic rating agency Crisil on Wednesday raised its FY27 GDP growth forecast for India to 7% from 6.6%, citing expectations of strong economic growth in…
India Inc can weather 50 bps rate hike, El Nino impact: Crisil
Crisil Ratings stated on Wednesday that India Inc will remain unaffected even if the Reserve Bank delivers the widely expected 0.50 percentage point rate hike…
India’s external financial health improves marginally in Q1 FY27 amid global headwinds
Kolkata: India’s external financial health improved marginally at the end of the first quarter of the fiscal amid global headwinds, data from Reserve Bank of…
India’s external debt rises to $778.2 billion in June quarter: RBI
India’s total external debt grew by USD 15.4 billion to reach USD 778.2 billion by the end of the June 2026 quarter compared to the…
Enhanced insurance cover for West Asia exports extended to March 2027
Indian export shipments bound for West Asia will remain eligible for upgraded insurance protection against buyer payment defaults through March 31, 2027, according to an…