Tag: indian economy
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…
India to roll out new high-frequency economy barometer on July 14
Next week, India will introduce a new high-frequency indicator to track activity in the country’s services economy, marking a major expansion of the statistical toolkit…
Expert panel: Release services production index within 60 days
New Delhi: An expert panel recommended compiling sectoral indices monthly and releasing the Index of Services Production (ISP) within 60 days after the reference month….
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report
New Delhi, The economy remains resilient, though moderation in some high-frequency indicators suggests a gradual easing of momentum, a Finance Ministry report said, while flagging…
India is plotting a game-changer for RBI, banks, corporates, investors
India’s economy has a data blindspot at its heart. The government tracks inflation, factory output, tax collections every month and corporate earnings every quarter. But…
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBI
Kolkata: The global economy remains fragile despite a temporary US-Iran truce with the risks of renewed inflation pressure, supply disruptions, slower investments and financial instability…
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede
The Reserve Bank of India (RBI) has flagged emerging fuel-price pressures and weakening consumer confidence amid the ongoing conflict in West Asia, even as it…
Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP
New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross…
Is India’s economic growth real? Raghuram Rajan says something is off
Former Reserve Bank of India Governor Raghuram Rajan has questioned whether India’s strong economic growth figures fully reflect conditions on the ground, arguing that weak…