The Reserve Bank of India has kept its benchmark repurchase rate unchanged citing benign inflation, even as a myriad trade deals boosts the outlook for the world’s fastest growing major economy. Reserve Bank of India (RBI) Governor Sanjay Malhotra. (Punit Paranjpe/AFP Photo) The RBI’s six-member Monetary Policy Committee (MPC), which met over 4-6 February, voted […]
The Indian economy can expand at more than 7% in 2026-27, the government said on Thursday, offering an optimistic outlook for the world’s fourth largest economy at a time of heightened uncertainty for global trade. The government has sought to blunt the impact of US tariffs on the Indian economy by pushing far-reaching policy reforms […]
The government is set to unveil the Economic Survey 2025-26 at 11:00 am on Thursday, with investors and policymakers looking for confirmation that the world’s fastest-growing major economy has successfully navigated a high-interest-rate environment to secure a “Goldilocks” scenario of robust growth and cooling prices. Chief Economic Advisor of India V Anantha Nageswaran. (Reuters) The […]
India’s annual retail inflation quickened to 1.33% in December from 0.71% in November, as the decline in food prices moderated, government data showed on Monday. A worker unloads sacks of onions from a truck, at a wholesale vegetable market in Jalandhar (PTI) Food prices fell 2.71% year-on-year in December against a decline of 3.91% year-on-year […]
The central government has pegged India’s GDP growth rate at 7.4% in FY26, underscoring the resilience of the Indian economy in the face of Trump tariffs and in the absence of an India-US trade deal. Construction activity is seen growing 7% in FY26, down from 9.4% in FY25. (File Photo) The projection is higher than […]
The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters) […]
India’s GDP will grow faster than estimated earlier despite the impact of US tariffs on Indian economy—the fourth largest in the world, according to the International Monetary Fund. A vegetable market in Ahmedabad. India’s sweeping GST reforms is set to boost consumption in the face of crippling US tariffs. (Reuters) IMF now sees India’s GDP […]