Tag: indian economy
India on track to exceed key fundraising goal on state-firm stake sales
NEW DELHI: India expects to exceed this fiscal year’s goal of raising Rs 80,000 crore ($8.4 billion) through the sale of stakes in state-run firms…
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
Indian economy is set to cross USD 5-trillion mark in FY29 as per the International Monetary Fund (IMF) and the government has adopted a broad-based…
RBI special windows seen big enough to bring in $100B
Mumbai: India’s latest suite of dedicated forex-inflow programmes could net about $100 billion, nearly three times the proceeds from the last such exercise during the…
Indian companies are about to raise prices, putting RBI’s inflation outlook to test
India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the…
India’s Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year target
India’s fiscal deficit widened to Rs 3.1 lakh crore during the first quarter of FY27, accounting for 18.2% of the full-year budget estimate, according to…
Trade gap seen as by-product of India’s development stage, investment needs, energy dependence: Govt to Parliament
Imports have expanded due to increase in domestic demand and manufacturing capabilities to $776.01 billion in FY26 from $ 194.81 billion in FY07, the government…
Macroeconomic fundamentals of Indian economy remain strong amid global challenges
New Delhi: Macroeconomic fundamentals of the Indian economy remain strong, supported by robust domestic demand, healthy corporate balance sheets and sustained fiscal discipline amid global…
A yo-yo monsoon is threatening India’s crops and the power grid
An intensifying El Niño and global warming are driving a shift in India’s monsoon rainfall, creating more erratic weather patterns that threaten to dent agricultural…
Govt’s gross direct tax collections see 16.11% year-on-year jump till July 13
The Centre’s gross direct tax collections in 2026-27 up to July 13 saw a 16.11% year-on-year growth to around ₹7.74 lakh crore driven by higher…
Thali costs rose by 5% in June on higher tomato, onion, LPG prices
The average cost of home-cooked vegetarian and non-vegetarian thalis rose 5% and 6% year-on-year, respectively, in June, driven by higher prices for tomatoes, onions, vegetable…