Tag: India Economy
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: Government
India was the world’s sixth-largest economy in 2025-26, with a nominal gross domestic product of $3.92 trillion, according to the International Monetary Fund’s April 2026…
Fitch affirms India’s ‘BBB-‘ credit rating with stable outlook
Fitch Ratings on Tuesday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said the domestic economy remains strong, despite headwinds from the…
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI
New Delhi, Fitch Group company BMI on Tuesday projected India’s growth to slow to 6.6 per cent in the current fiscal as the boost to…
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert says
Mumbai: As Washington tightens the screws over Russian crude imports, India’s macroeconomic stability remains remarkably well-insulated, according to Anindya Banerjee, Head of Commodity and Currency…
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
India’s forex reserves rise by $6.1 billion to $682.35 billion as of July 24
India’s foreign exchange reserves increased by $6.1 billion to $682.35 billion in the week ended July 24, according to data released by the Reserve Bank…
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India’s industrial output accelerated to 7.3% year-on-year in June 2026, up from a revised growth of 5.1% in May, driven by a sharp expansion in…
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra said risks from the West Asia conflict and the likelihood of a weak monsoon could weigh…
Forex reserves rise $7.3 billion as FCNR & ECB flows pick up
MUMBAI: India’s foreign exchange reserves appear to be showing early signs that targeted central bank measures to attract overseas capital might be gaining some traction,…
Hormuz & Iran war can slow India down but not hold it back
The IMF’s latest assessment of the global economy paints a picture of rising uncertainty. The war involving Iran continues to threaten energy supplies, oil prices…