Tag: oil prices impact
Posted in Economy
India’s FX reserves fall for fourth week, down $50 billion from September peak
Mumbai: India’s foreign exchange reserves fell for a fourth consecutive week to $734.6 billion, according to a footnote to Reserve Bank of India Governor Sanjay…
Posted in Economy
Rupee headed to 100? How much the psychological red line matters
The International Monetary Fund (IMF) has said India is strong enough to withstand the pressure on rupee. An IMF spokesperson on Friday suggested the US…
Posted in Economy
India considers spending curbs to protect fiscal deficit target
India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills and threaten to derail its fiscal consolidation…
Posted in Economy
India stands tall in shaky world economy as Fitch lifts FY26 growth view to 7.5%
India’s economy is likely to grow 7.5% in the fiscal year ending March 2026, faster than 7.4% earlier projected, as strong domestic demand keeps activity…