Tag: indian economy
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…
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…