Tag: india
India’s current account deficit may rise to 2% of GDP in FY27 if oil stays at $82–87: CRISIL
New Delhi: India’s current account deficit (CAD) is likely to touch 2 per cent of GDP under higher oil price scenarios, according to a report…
India’s first maritime-focused lender eyes $1 bln FY27 fundraise
New Delhi: Sagarmala Finance Corp., India’s first maritime-focused non-banking financial company, plans to raise as much as 100 billion rupees ($1.08 billion) in financial year…
India’s trade gap shrinks in March, swells in FY26
New Delhi: India‘s trade deficit narrowed in March as both merchandise exports and imports faced disruption due to the West Asia conflict. While exports dropped…
WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costs
New Delhi: India’s wholesale inflation hit a 38-month high of 3.9% year-on-year in March, up from 2.1% in February, driven by higher prices of crude…
Inside the investment strategy of the government’s new Fund of Funds
The government rolled out a Rs 10,000 crore Fund of Funds (FoF) 2.0 on Monday. The FoF 2.0 has been designed to continue the momentum…
Women borrowers hold Rs 76 lakh crore credit portfolio: Report
New Delhi: Women borrowers in India hold a credit portfolio of Rs 76 lakh crore, which represents 26 per cent of the total system credit…
Fitch unit cuts India’s economic growth targets amid Iran war
India’s GDP growth projection for financial year 2026-27 has been revised downward from 7 per cent to 7.7 per cent, as per India outlook report…
China calls for stronger trade cooperation with India after ministerial talks during WTO conference
New Delhi: Union Commerce and Industry Minister Piyush Goyal held a meeting with China’s Commerce Minister Wang Wentao on the sidelines of the World Trade…
Despite rate reset, GST collection rises on strong consumption
New Delhi: India’s goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh…
Services, remittances boost India’s invisible inflows to $464 billion in FY26
Kolkata: India’s inward receipts from international trade in services, incomes and remittances climbed 56% to $464 billion in the first nine month of FY26, helping…