Category: Economy

ET logo
Posted in Economy

Apr-July fiscal gap touches 26.8% of full-year target

New Delhi: The Centre’s fiscal deficit in April-July of FY27 was ₹4.55 lakh crore or 26.8% of the Budget Estimate for the full financial year,…

Continue Reading
ET logo
Posted in Economy

Take a bow, this is grown-up GDP: India’s 7.8% GDP growth in Q1 defies expectations, boosting economic outlook

When the going gets tough, it shouldn’t get too tough to be enthusiastic. India pulled through a bruising quarter with its now customary sangfroid, delivering…

Continue Reading
ET logo
Posted in Economy

India’s services exports rise 13.4% to USD 38.25 billion in July: RBI

New Delhi: India’s services exports rose 13.4 per cent year-on-year to USD 38.25 billion in July 2026, according to data released by the Reserve Bank…

Continue Reading
ET logo
Posted in Economy

Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry Report

New Delhi: India’s food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major contributors to…

Continue Reading
RBI's forex forward book swells to record $136.7 billion
Posted in Economy

RBI’s forex forward book swells to record $136.7 billion

MUMBAI: The Reserve Bank of India’s foreign exchange forward position ‌surged ⁠to ⁠an all-time high of $136.7 billion in July, according to data ⁠released on…

Continue Reading
ET logo
Posted in Economy

Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA Nageswaran

New Delhi, [India] August 31 (ANI): India’s domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and…

Continue Reading
ET logo
Posted in Economy

Indian businesses redesigning supply chain to capture new growth opportunities: Report

Mumbai: Indian businesses are actively redesigning their supply chains to strengthen resilience and capture new growth opportunities, with supplier diversification, strategic inventory and digitalisation emerging…

Continue Reading
Doomsayers doomed, India bloomed: PM Modi after Q1 GDP growth quickens to 7.8% amid global tensions
Posted in Economy

Doomsayers doomed, India bloomed: PM Modi after Q1 GDP growth quickens to 7.8% amid global tensions

Prime Minister Narendra Modi on Monday hailed India’s 7.8% GDP growth in the first quarter of FY27 as a “herculean feat”, saying the economy delivered…

Continue Reading
ET logo
Posted in Economy

Govt reforms, agile economic management bearing results: Nirmala Sitharaman on 7.8 pc Q1 GDP growth

New Delhi: Finance Minister Nirmala Sitharaman on Monday said the reforms undertaken by the NDA government, together with an agile management of the economy, are…

Continue Reading
ET logo
Posted in Economy

Index of services production shows 8 sub-sectors record double-digit growth in June

New Delhi: The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded…

Continue Reading