Category: Economy
India’s CPI inflation may remain at 2.2% in FY26, below RBI’s forecast of 2.6%: SBI Research
India’s Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, much lower than the Reserve Bank of India’s (RBI)…
Govt extends tenure of 16th Finance Commission till Nov 30
The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the…
India’s wholesale inflation slows to 0.13% in September
India’s wholesale inflation, measured by the Wholesale Price Index (WPI), slowed to 0.13% in September on a year-on-year basis, down from 0.52% in August, according…
Income tax refunds fall sharply owing to new fraud checks
Income tax refunds have seen a 16% decrease this year as authorities implemented enhanced filters for payments exceeding a certain threshold to combat fraud. This…
Canada may need India now more than ever as trade risks mount
“Canada’s future is less secure than perhaps at any time in postwar history,” Bloomberg warns. The country is finding itself with less room to manoeuvre….
Indian textile exporters turn to Europe, offer discounts to offset US tariffs
Indian textile exporters are seeking new buyers in Europe and offering discounts to existing U.S. customers to cushion the blow from steep U.S. tariffs of…
India’s growth cycle may be bottoming out, domestic fundamentals strong for pick-up in growth: HSBC MF
India’s growth cycle may be bottoming out with strong domestic fundamentals supportive of a pick-up in growth going forward, according to a report by HSBC…
US trade talks may be cracking India’s opposition to GM crops
In a world where an ever-growing portion of grains is grown from genetically modified seeds, India has sat on the sidelines — a major farming…
Exporters in Gift City can retain forex proceeds for 3 months now
Mumbai: The Reserve Bank of India on Monday notified an amendment to Foreign Exchange Management Act (FEMA) regulations, allowing exporters with foreign currency accounts in…
DPIP: RBI’s AI tool to detect fraud in real time
Mumbai: The central bank’s upcoming Digital Payments Intelligence Platform (DPIP) would harness AI to detect and prevent payment frauds in real time, officials aware of…