India’s inflation rate has risen to the highest in eight months under the new CPI series to fall within the Reserve Bank of India’s tolerance band for the first time since August 2025. That indicates a status quo on repo rate in the longer term. India’s new inflation series cuts the weight of volatile items […]
India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve policymaking in one of the world’s fastest-growing economies. A vegetable market in New Delhi. (PTI) The government will publish a new inflation series today to reflect the changing spending patterns […]
The rupee’s biggest rally in seven years will give Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest […]
Chief Economic Advisor V Anantha Nageswaran has said that gross fixed capital formation as ratio of GDP at around 30-31 per cent shows private sector investment is growing. A day after tabling of Economic Survey in Parliament, businessline caught up with the CEA to understand the larger message to get the message behind various observation […]
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 Narendra Modi government is likely to announce measures to improve the ease of doing business and boost infrastructure spending, while sticking to fiscal consolidation in Union Budget 2026, even as punitive US tariffs cloud outlook for the Indian economy. Nirmala Sitharaman with her finance ministry colleagues ahead of Union Budget 2025 on 1 February […]
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 […]
As India heads into the Union Budget against a backdrop of global uncertainty, Swaminathan Aiyar, Consulting Editor, ET Now believes the finance minister’s most important task is not to chase dramatic reforms or headline-grabbing giveaways, but to protect an economy that is already in an enviable position. Speaking to ET Now, Aiyar described India’s current […]
Growth in eight key infrastructure sectors, as measured by the combined Index of Eight Core Industries, accelerated in December, supported by strong expansion in construction-linked segments and electricity, as per data released by the ministry of commerce on Tuesday. Despite the stronger headline growth, energy-related segments continued to weigh on the index. (AFP FILE) Core […]
The government is likely to peg India’s fiscal deficit target at 4.3% of the GDP for 2026-27 amid a double-digit growth in capital expenditure, ICRA said. Union Finance Minister Nirmala Sitharaman will present her record ninth consecutive union budget on 1 February 2026. (@FinMinIndia) Union Budget 2026 is set to be an interesting one, the […]