Category: Economy
Why was ₹6 lakh crore shaved off last year’s GDP? Govt explains the numbers
The government on Wednesday rejected the claim that it revised down last year’s current-price GDP from ₹86 lakh crore to ₹80 lakh crore to make…
View: Leveraging monetary policy for India’s youth
The encouraging results of the GDP growth in the first quarter have brought all-round cheer and have reinforced the market sentiments. Government’s persistent and targeted…
Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+
New Delhi: Japanese Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB+, citing the country’s solid economic growth, effectiveness of its…
India’s soyoil imports hit record high in August and palm six-month peak, dealers say
Indian refiners imported a record amount of soyoil in August and the highest volume of palm oil in six months as they built stocks ahead…
India, Afghanistan agree follow-up measures to boost trade, customs, connectivity
New Delhi: India and Afghanistan have agreed on follow-up measures to strengthen bilateral trade and economic cooperation, including enhanced customs and data-sharing cooperation, improved trade…
Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stability
The Japan Credit Rating Agency (JCR) has upgraded India’s sovereign credit rating by one notch to A- from BBB+, citing the country’s sustained high economic…
Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: Report
New Delhi: The Centre’s fiscal position remains comfortable in the early months of FY27, but slower nominal GDP growth could put pressure on the government’s…
Nirmala Sitharaman, World Bank chief Ajay Banga hold meeting, discuss deepening cooperation
Washington: Finance Minister Nirmala Sitharaman has met World Bank President Ajay Banga and discussed further strengthening the partnership between India and the international finance institution…
Uday Kotak warns of ‘roller coaster’ ride in interest rate markets
Japan’s 10-year bond yield crossed 3% for the first time since 1996, while the US 10-year yield neared 4.8%, as rising government debt and fiscal…
GST, auto sales, UPI data point to resilient growth in August
New Delhi: Several macro indicators released on Tuesday brought further economic cheer, underscoring domestic resilience in the face of tariff headwinds and the lingering crisis…