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.
Exploring India's rich pre-colonial capitalist traditions and their lasting impact on modern economic structures, policies, and business practices.
Nearly 10 lakh consumers have converted to piped natural gas (PNG) following a government campaign, with 4.4 lakh connections activated and 5 lakh applications in process amid West Asia conflict disruptions.
Fish prices in Kochi are set to increase sharply due to a 50% rise in subsidized kerosene prices for fishing boats, driven by the US-Iran war. Fishermen warn of operational challenges and higher market costs.
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A Deccan Herald cartoon humorously depicts the impact of rising food inflation in India, portraying a family's 'last affordable supper' amid escalating costs for essentials like vegetables and grains.
The International Monetary Fund projects India's economy to expand at 6.5% in the fiscal year 2027, highlighting strong domestic demand and policy reforms as key drivers.
Gold futures on MCX rose over 1% on Tuesday, tracking global gains as easing dollar pressure and hopes for renewed US-Iran talks boosted sentiment. Spot gold and other precious metals also saw significant increases.
The International Monetary Fund (IMF) projects India's GDP to grow at 6.5% in the fiscal year 2027, underscoring the nation's robust economic momentum and resilience amid global uncertainties.
The International Monetary Fund (IMF) has revised its economic outlook for India, projecting a 6.5% GDP growth rate for the fiscal year 2027, up from its earlier estimate, signaling robust confidence in the nation's economic trajectory.
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The International Monetary Fund has revised India's growth projection for FY27 upward to 6.5%, highlighting reduced tariffs and a positive 2025 outlook as key factors outweighing Middle East tensions.
US producer prices rose sharply in March, driven by energy costs from the Iran conflict, adding inflation pressure and complicating Federal Reserve policy decisions ahead of midterm elections.
The IMF has revised India's GDP growth upward to 6.5% for FY2027 and FY2028, maintaining its status as the world's fastest-growing major economy, while warning of global economic slowdown due to Middle East tensions.
India's Kharif season confronts a double challenge with El Niño weather risks and Middle East tensions impacting agriculture and trade, as experts highlight potential crop and economic fallout.
S&P Global Ratings states India's robust corporate balance sheets, well-capitalized banks, and resilient external position will buffer against oil shock impacts, though economic growth could decelerate by up to 80 basis points.
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Pakistan is actively pursuing alternative financing options, including Eurobonds and bilateral loans, to replace a $3.5 billion UAE facility and stabilize foreign exchange reserves, with talks ongoing with Saudi Arabia and China.
India's state-run oil marketing companies are incurring heavy losses as global crude prices soar due to the Middle East crisis, yet retail fuel prices remain unchanged since April 2022, impacting earnings and fiscal health.
Minimum wages for unskilled workers in Noida/Ghaziabad rose only 42% in a decade, far below Delhi and Haryana's 90% hikes, failing to keep pace with inflation and reducing real wages.
The Uttar Pradesh government has increased minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, with unskilled workers now earning Rs 13,690 monthly, up from Rs 11,313.
SBI Research reports a slight increase in CPI inflation, highlighting persistent volatility risks in food and fuel prices that could impact economic stability and policy decisions.
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Brent crude fell to $97.50 and WTI to $96.83 as diplomatic progress in Islamabad talks eased supply fears. US Vice President Vance noted 'good signs' but Iran's nuclear stance remains a hurdle.
India's retail inflation increased to 3.4% in March, driven by higher food and fuel prices. Economists warn of further rises due to global conflicts and weather risks.
In Bengaluru, daily wage laborers like Yadav are resorting to collecting scrap wood and packing materials for cooking due to severe LPG shortages, highlighting urban energy access issues.
Business leaders in Northern Ireland warn that the proposed Good Jobs Bill, aimed at banning zero-hour contracts and boosting union powers, could harm job creation and investment if rushed, urging a delay for scrutiny.
India Ratings analyst warns that escalating US-Iran tensions could drive higher inflation, widen the current account deficit, and pressure the rupee, impacting India's economic stability.
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Gold prices slipped on Monday due to rising geopolitical tensions after US-Iran talks collapsed, lifting oil prices and stoking inflation fears, reducing expectations of Fed rate cuts.
The Indian rupee weakened by 56 paise against the US dollar, closing at 93.39 in interbank forex trading. It opened at 93.30 and fluctuated between 93.25 and 93.40 during the session.
India's retail inflation moderated to 3.4% in March 2024, down from 5.1% in February, driven by lower food prices. The data indicates easing price pressures amid government efforts to stabilize the economy.
India's retail inflation increased to 3.4% in March 2024, up from 3.2% in February, driven by higher food prices, according to official government data.
India's Consumer Price Index inflation for March 2026 increased slightly to 3.40% from 3.21% in February. Rural inflation was higher at 3.63%, while urban areas saw 3.11%. Food inflation reached 3.87%, with rural regions experiencing 3.96%.
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US President Donald Trump's naval blockade in the Strait of Hormuz has triggered a sharp decline in Asian stocks and a 6-8% surge in crude oil prices, raising global inflation and economic slowdown concerns, particularly for India's import-heavy energy se
