Tag: India Economy
In Graphics: How GST cuts triggered a rally for Indian businesses
The rationalisation in the goods and services tax rates last September delivered a larger-than-expected expansion in the tax base, with higher taxable supplies more than…
Easing oil prices, supply chains to soften external pressures on India: Finance ministry
New Delhi: The finance ministry said Tuesday easing oil prices and improving global supply chain conditions may help soften some external pressures on the Indian…
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…
India 13th in QS Future Skills Index 2027
BENGALURU: India has been ranked 13th globally and the first among lower-middle-income economies in the QS World Future Skills Index 2027, according to a new…
FM Sitharaman flags global crisis spillovers, unfair burden on developing nations
New Delhi: The burden of adjustment in an imbalanced, conflict-ridden world should not fall disproportionately on countries in the Global South that don’t drive these…
World Bank Raises India’s FY27 Growth Forecast to 6.6%
New Delhi: The World Bank raised India’s FY27 growth forecast to 6.6% from 6.5% estimated in January, citing reduced US tariffs and the anticipated benefits…
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
RBI’s inflation forecast signals 1-2 rate hikes in coming months: Experts
The Reserve Bank’s move to raise its inflation forecast signals the possibility of one to two rate hikes in the coming months, opined experts after…
India steers boat through a risky channel between war clouds and El Nino
A widening conflict in West Asia, volatile oil prices, the threat of El Nino and an increasingly fragmented global economy are casting a long shadow…
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tank
A US-Iran peace deal will be cheered by governments around the world. But in India, critically dependent on the Strait of Hormuz for everything from…