Category: Economy
India’s fiscal deficit for April–August at ₹5.98 lakh crore, widens to 38% of FY26 target
India’s fiscal deficit for the April–August period stood at ₹5.98 lakh crore ($67.34 billion), representing 38.1% of the government’s full-year target for FY26, official data…
India’s gold, silver imports nearly double despite record prices ahead of festivals, sources say
India’s imports of gold and silver nearly doubled in September from August, defying record high prices, as banks and jewellers rushed to build inventories ahead…
Divergence in GDP contribution between high, low income states worrisome: NITI Aayog VC
High-income states, which account for 26 per cent of India’s population, contribute 44 per cent of GDP, while low-income states, with 38 per cent of…
Govt puts e-comm platforms on radar for GST rate cut benefit compliance
The government has placed e-commerce platforms under scrutiny as it monitors prices of daily use FMCG products ranging from shampoo to pulses to ensure that…
India must grow twice as fast to avoid jobs trap, Morgan Stanley warns
India’s economy needs to expand at an extraordinary 12.2% pace each year to solve its underemployment crisis, Morgan Stanley economists warned, underscoring the risk that…
NCH receives 3,000 GST-related complaints post tax cuts: Consumer Affairs Secretary
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government’s National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST…
US sanctions on India’s strategic Chabahar port in Iran come into effect: What’s next for New Delhi?
The United States’ renewed sanctions on India’s Chabahar port project in Iran came into effect on Monday, in a significant setback for New Delhi’s regional…
ADB lowers India’s FY26 growth forecast to 6.5% on US tariffs
The Indian economy is expected to expand by 6.5% in the current financial year despite a strong 7.8% growth in the first quarter of FY26,…
India interest rate cut back in play after tariffs
The Reserve Bank of India’s interest rate decision on Wednesday will likely be a close call, with policymakers facing multiple reasons to lower borrowing costs…
RBI likely to maintain status quo; 25 bps cut would be a positive surprise: BoB Economist
The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate…