Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
India’s trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs. A worker sits on a ship carrying containers at Mundra port in Gujarat. (Reuters) Exports rose to $38.51 billion in December from $38.13 billion in November. The imports increased to $63.55 billion […]
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 […]
India’s service sector expanded at its slowest pace in nearly a year last month as growth in new business eased and hiring stalled. India’s service sector expanded at its slowest pace in nearly a year last month as growth in new business eased and hiring stalled. (Reuters) The HSBC India Services Purchasing Managers’ Index (PMI), […]
The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in the world’s fourth largest economy. RBI has raised concerns over rising digital fraud cases and unresolved customer complaints across banks. (REUTERS) The government is unlikely to change the RBI inflation […]
The US attack on Venezuela to dismatle the regime of President Nicolás Maduro is creating dichotomy of sorts for India—a neutral outlook for the stock market but a potential billion-dollar windfall for state-run oil producers. The US attack on Venezuela is unlikely to affect India’s stock market except oil producers, at least for the time-being. […]
India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]
India’s stock market fell in early trade today as investors navigated persistent foreign outflows and a depreciating rupee, while an India-US trade deal was elusive. The Sensex and Nifty 50, which hit record highs on 1 December, have been on shaky ground since then. (HT) At 10:15 am, the 30-share BSE Sensex was down 0.55% […]
The Indian economy might grow faster than estimated in the economic survey earlier this year, so much so that the GDP would cross the $4-trillion mark, Chief Economic Adviser V. Anantha Nageswaran said on Friday. Q3 FY26 has started on a strong footing for the Indian economy, India’s Chief Economic Adviser V. Anantha Nageswaran says. […]
India’s economy grew 8.2% year-on-year in July-September, accelerating from the 7.8% growth reported in the previous quarter, as strong consumer spending and manufacturing remained key drivers amid global trade uncertainties. FILE PHOTO: Customers buy fruit and vegetables at an open air evening market in Ahmedabad, India, August 21, 2023. REUTERS/Amit Dave/File Photo (REUTERS) Economists polled […]
The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year, contributing to a hawkish policy approach. With India’s inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh […]
