India's Economy to Grow 7.5% in FY 2026-27: Finance Ministry
India's Finance Ministry projects robust economic growth of 7.5% for FY 2026-27, driven by strong domestic demand, manufacturing, and services sectors, with inflation expected to moderate.
Category : Economy
India Slips to 6th Spot in IMF Global Economy Rankings
India has fallen to sixth place in the IMF's global economy rankings for 2024, with the UK overtaking it to claim fifth position. The shift reflects updated GDP data and economic adjustments.
RBI Launches 49th Services and Infrastructure Survey for Q1 FY27
The Reserve Bank of India has initiated its 49th Services and Infrastructure Outlook Survey to assess business conditions for the first quarter of fiscal year 2027, gathering insights from key sectors to inform economic policy.
China's Q1 2026 GDP Growth Beats Forecasts, Shows Resilience
China's economy grew 5.0% year-on-year in Q1 2026, surpassing expectations and marking its fastest pace in three quarters. The rebound suggests limited immediate spillovers from the Iran conflict, though analysts warn of future risks.
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Gold Prices Rise in Major Cities, MCX Futures Up
Gold prices increased slightly on Thursday, with MCX futures rising and retail rates climbing in major Indian cities like Delhi, Mumbai, and Chennai.
West Bengal's Economic Trajectory: Beyond Simple Decline Narratives
New analysis of six decades of data reveals West Bengal's economic story is more complex than a simple narrative of decline, with inflation adjustments showing a less dramatic trajectory compared to national trends.
India's Economy to Grow 6.3% in FY27 Despite High Oil Prices
S&P Global projects India's GDP growth at 6.3% in FY27, even if crude oil averages $130 per barrel. The report highlights strong domestic demand and economic resilience.
India's LPG Imports Halve, US Emerges as Top Supplier
India's LPG imports plummet to half of February levels due to Middle East disruptions, with the US now the largest supplier. Domestic production also dips, tightening supply amid global market volatility.
India's Growth at 6.5% in FY27, Double Global Average: IMF
The International Monetary Fund reaffirms India as the fastest-growing major economy with 6.5% growth projection for FY27, nearly double the global average, driven by strong fundamentals and domestic demand.
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India's Double Oil Shock and Inflation Pains Explained
India confronts a double oil shock from global price volatility and supply disruptions, driving inflation and economic strain. Experts analyze impacts on fuel, food, and policy responses.
Kerala's Gulf Economy in Flux, New Opportunities May Emerge
Reports of layoffs and hiring freezes in Gulf nations are causing anxiety for Kerala families reliant on NRI incomes, but experts suggest this crisis could spur new economic opportunities.
LPG Bookings Fall to 43-44 Lakh in April, Supply Normalizes
Domestic LPG refill bookings have declined to 43-44 lakh cylinders in April from a peak of 89 lakh in March, reducing strain on supplies. Government data shows daily bookings below 50 lakh since April 3, with normal delivery operations.
Govt Cuts Onion Buffer Stock Target by 33% for 2026
The Union government has set a target to procure 2 lakh tonnes of onions through Nafed and NCCF starting May, a 33% reduction from last year's 3 lakh tonnes, citing stable prices and adequate supply.
IMF Forecasts India's GDP Growth at 7.8% for FY25
The International Monetary Fund (IMF) projects India's GDP to grow by 7.8% in FY25, driven by strong domestic demand and investment. This forecast highlights India's resilience amid global economic challenges.
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PLI 2.0 for Mobile Phones: $5B Boost to Exports
India plans to launch PLI 2.0 for mobile manufacturing by May with over $5 billion outlay, focusing on doubling exports. The scheme follows the success of the initial PLI program.
India's Economy Faces Oil Shock Amid Middle East Conflict
India's high growth faces oil price shock as crude crosses $100/barrel. IMF raises India's growth forecast to 6.5%, while S&P Global analyzes impact channels and resilience factors.
Wholesale Price Inflation Hits 3-Year High at 3.88% in March
India's wholesale price index (WPI) inflation surged to 3.88% in March 2024, marking the highest level in three years, driven by rising food and fuel prices, according to official data.
India's Unemployment Rate Rises to 5.1% in March
India's unemployment rate for individuals aged 15 and above increased marginally to 5.1% in March 2026, as per the latest PLFS data. The survey methodology has been revised from January 2025 to provide enhanced monthly and quarterly labor force estimates.
IMF Raises India's FY27 Growth Outlook to 6.5%
The International Monetary Fund has revised India's FY27 GDP growth projection upward to 6.5%, highlighting strong economic fundamentals despite global slowdown concerns and emerging risks.
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Pakistan May Consider Fuel Rationing If US-Iran War Persists
Finance Minister Muhammad Aurangzeb warns Pakistan could implement fuel rationing at petrol pumps if the US-Iran conflict continues long-term, citing global energy volatility and supply disruptions through the Strait of Hormuz.
WPI Inflation Hits 3.88% in March on Crude Oil Surge
India's wholesale price index (WPI) inflation accelerated to 3.88% in March 2024, driven by a sharp rise in crude oil prices and increased costs in food and manufacturing sectors.
India's WPI Inflation Hits 3.88% in March
India's wholesale price index inflation surged to 3.88% in March, driven by rising fuel and manufactured goods prices amid the West Asia conflict. Fuel inflation turned positive at 1.05%.
India's Wholesale Inflation Hits 3.88% in March on Fuel Price Surge
India's wholesale price index-based inflation rose to 3.88% in March 2024, driven by higher prices of crude oil and natural gas, marking a significant increase from previous months.
India's Atmanirbhar 2.0 Strategy Amid Middle East Conflict
India is advancing its self-reliance strategy, Atmanirbhar 2.0, to protect supply chains and enhance energy security in response to disruptions from the Middle East conflict, focusing on reducing import dependence.
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Oil Prices Fall Again Amid US-Iran Talks, Supply Concerns
Oil prices dropped for a second consecutive day as hopes for renewed US-Iran talks reduced long-term supply worries, though risks in the Strait of Hormuz persist. Brent and WTI crude saw declines before edging up slightly.
Oil Prices, Weak Monsoon Threaten India's Consumption Growth
Rising oil prices from West Asia conflict and a below-normal monsoon forecast for 2026 are pressuring India's consumption-driven economy, potentially slowing rural demand and corporate growth in FY27.
Wage Hikes in UP, Haryana Could Drop Workers from EPFO Net
Rising minimum wages in Uttar Pradesh and Haryana, now exceeding Rs 15,000, may exclude many workers from mandatory EPFO coverage, as the current ceiling remains unchanged since 2014, prompting calls for an increase to Rs 25,000.
Gold, Silver Prices Rise as US-Iran Talks Offer Hope
Gold and silver prices climbed on Tuesday, driven by a softer US dollar and optimism over potential US-Iran negotiations. Analysts discuss volatility and safe-haven status amid conflict.
IMF, World Bank Raise India Growth Forecast Despite Global Risks
The IMF and World Bank have revised India's GDP growth projections upwards for the current fiscal year, citing strong domestic demand and export performance, though they warn of risks from the West Asia conflict and high oil prices.
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India's Forgotten Capitalist Past and Its Economic Legacy
Exploring India's rich pre-colonial capitalist traditions and their lasting impact on modern economic structures, policies, and business practices.
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