Brent crude surged 10% to around $80 per barrel amid fears of supply disruptions through the Strait of Hormuz. OPEC producers agreed to increase output gradually starting April 2026 to prevent price spikes.
Former RBI Governor Shaktikanta Das declares India's decade of global influence, combining high GDP growth with macroeconomic stability and structural reforms.
The Indian rupee is expected to open lower and remain volatile in March as escalating tensions in the Gulf region drive global capital toward safe-haven assets like US treasuries, pressuring India's trade deficit and energy supplies.
Indian policymakers are closely monitoring oil prices and shipping disruptions following recent West Asia tensions, with potential impacts on energy costs and goods movement.
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An in-depth analysis of India's interim budget, exploring its political symbolism, economic implications, and the strategic timing ahead of the general elections.
As life expectancy rises, institutions must adapt to enable retirees to contribute professionally, tapping into their experience and skills for societal benefit.
Gold and silver prices are expected to open sharply higher on Monday as escalating Middle East tensions drive investors toward safe-haven assets. Analysts warn of high volatility amid geopolitical uncertainty.
India faces no immediate oil supply disruption from the West Asia conflict, but experts warn of potential price volatility and macroeconomic impacts due to the Strait of Hormuz's critical role in global energy shipments.
Former RBI Governor Shaktikanta Das outlines India's roadmap to global economic influence, emphasizing fiscal consolidation, trade expansion, AI-driven infrastructure, and green energy transition.
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Global oil prices are set for an 8% spike due to escalating Middle East tensions, while gold and silver surge as investors seek safe-haven assets amid the Iran-Israel conflict.
The Indian government has introduced a deferred customs duty payment scheme for eligible manufacturer-importers, as announced in Budget 2026. This initiative aims to boost manufacturing competitiveness by easing cash flow pressures and streamlining import
India's foreign exchange reserves decreased by $2.11 billion to $723.608 billion in the week ending February 20, as per RBI data. The drop was primarily due to a fall in foreign currency assets.
Following military strikes in West Asia, India has activated contingency plans to safeguard energy supplies via the critical Strait of Hormuz, which handles over 40% of its crude imports, amid rising global oil prices.
The UAE Fuel Price Committee has announced higher petrol and diesel prices for March 2026, with Super 98 at Dh 2.59 per litre. This increase reflects global crude oil trends and geopolitical tensions in the Middle East.
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Punjab faces a severe shortage of storage space for food grains, with rice stocks overflowing and the 2026-27 wheat harvest approaching. The FCI is urged to increase monthly wheat movement to 15 LMT to avert a crisis.
Economists highlight how India's GDP base year update to 2017-18 reflects structural shifts like digitalization and services growth, enhancing data accuracy for policy-making.
The Ministry of Statistics and Programme Implementation has updated India's national accounts base year to 2022-23, replacing the 2011-12 series. This revision incorporates GST, PFMS, and e-Vahan data, introduces double deflation, and uses annual surveys
Chief Economic Adviser V Anantha Nageswaran raises India's growth forecast for next financial year to 7-7.4%, citing trade agreements, improved capital flows, and strong consumption-investment momentum. Economy expected to cross $4 trillion milestone.
The Centre has temporarily halted universal fortified rice distribution in welfare programmes like PMGKAY, addressing industry concerns over technical challenges and storage issues in Punjab.
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Prime Minister Narendra Modi emphasized the need for fresh investments, innovation, and enhanced infrastructure funding from financial institutions during a post-budget webinar, highlighting the use of AI and blockchain for governance.
India's economy is projected to expand at 7.6% in 2025-26, driven by robust manufacturing and services sectors, as revised data with a new base year highlights resilience amid global uncertainties.
Nobel-winning economist emphasizes the 'test it, prove it, scale it' approach to foster innovation in India, highlighting its role in economic growth and global competitiveness.
Agriculture Minister Surya Pratap Shahi announces a 2 lakh metric tonne increase in food grain production in Uttar Pradesh, crediting schemes and efforts. At a farmers' fair, awards were given and water conservation was emphasized.
Koyambedu wholesale market in Chennai sees a 50% surge in vegetable arrivals, driving prices below 30/kg, yet retail outlets maintain higher rates up to 70/kg, frustrating consumers.
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India's economy shows resilience with strong growth indicators, driven by domestic demand and policy reforms, despite global economic headwinds.
Foreign direct investment into India increased 18% year-on-year to $47.87 billion during April-December 2025-26, with US inflows nearly doubling. Singapore remains top source, while Maharashtra leads among states.
The Ministry of Statistics and Programme Implementation announces a new GDP series aimed at improving data accuracy and robustness for India's economic growth measurements.
India's economic outlook brightens as the new GDP series upgrades the growth projection for fiscal year 2026 to 7.6%, reflecting robust economic momentum and policy effectiveness.
India's GDP growth projections for FY26 have been revised upward to 7.6%, with Q3 growth at 7.8%, according to new series data from MoSPI, surpassing earlier estimates.
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Statistics Secretary Saurabh Garg highlights the revision of the base year for economic indices as a key step to improve policy formulation and data accuracy, supporting better governance and economic planning in India.
