Tag: icra
Amid sharp fall in food costs, wholesale prices slip into deflation, again
New Delhi: Wholesale prices fell to a 27-month low and slipped back into deflation after two months of positive readings, declining to -1.2% in October,…
GST rate cuts pull down October inflation by 85 bps, declining trend to continue: Experts
The GST rate cuts brought down retail inflation by 85 basis points to a record low of 0.25 per cent in October and the declining…
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…
Fiscal deficit at 36.5% of FY26 target on higher capital spending
The Centre’s fiscal deficit in the first half of 2025-26 hit 36.5% of the annual target, compared with 29.4% a year before, thanks to higher…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
Bright spot: Manufacturing, festive push keep factory output steady at 4% in September
New Delhi: India’s industrial output remained steady in September, easing slightly to 4% from 4.1% in August, driven by the manufacturing sector amid slowing mining…
India’s core growth loses steam, slows to 3% in Sept
New Delhi: A contraction in the output of coal, crude oil, refinery products and natural gas dragged India’s core sector down to a three-month low…
India’s retail inflation in September hits over 8-year low, eases below RBI’s lower end of target range
India’s retail inflation eased below the lower end of the Reserve Bank of India‘s 2-6% target range to 1.54% in September from 2.07% in August,…
Indian states to tap infra trusts to replicate New Delhi’s success, sources say
Indian states, traditionally cautious about innovative funding models, are turning towards infrastructure investment trusts (InvITs) to monetise their assets, following the federal government’s success, said…
Government reports fiscal gap at 38.1% of FY26 target as of August
New Delhi: Higher spending and lower net tax collection widened the Centre’s fiscal deficit up to August in this financial year to 38.1% of the…