Union Minister Piyush Goyal projects India's economy will grow by $26 trillion by 2047, calling it an unparalleled global opportunity. He highlights policy reforms and investor confidence driving this historic expansion.
India's infrastructure sector receives a major boost with a 9% capex increase to ₹12.22 lakh crore and new institutional reforms including an Infrastructure Risk Guarantee Fund to support economic growth.
India's crude oil imports from Russia fell to their lowest share since late 2022 in January, dropping to 21.2% as Middle East supplies surged. US sanctions and trade deal pressures drive the shift, with China now Russia's top buyer.
Union Minister Piyush Goyal projects India's economy will grow by approximately $26 trillion, citing trade agreements with 39 developed nations and disciplined national policies as key drivers.
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Commerce Minister Piyush Goyal announces India's economy to expand by $26 trillion, highlighting nine FTAs negotiated from strength since 2022.
Gold prices surged sharply on Wednesday, with MCX futures rising Rs 1,297 to Rs 1,52,715 per 10 grams. Strong spot demand and fresh speculative buying drove gains, mirrored in global markets where spot gold rose 0.8%. Silver saw even stronger gains of 2.8
Finance Minister Nirmala Sitharaman's Union Budget 2026-27 focuses on customs and excise reforms to simplify tariffs, support domestic manufacturing, and enhance export competitiveness through digital initiatives and duty rationalization.
After six months of stable pricing post-GST cuts, Indian consumer goods companies are raising prices by up to 5% due to rising commodity costs and a weak rupee. Essential items like detergents, hair oils, and cereals are seeing higher tags.
Gold prices are poised to resume an upward trend in the long run, according to Maneesh Sharma of Anand Rathi. Mixed US data and Asian market factors influence short-term volatility.
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Asian equities advanced as investors assessed Japan's $36 billion infrastructure funding under US trade deal and Iran nuclear discussions. Tokyo's Nikkei led gains, while AI Impact Summit in New Delhi draws global attention.
India's gold imports fell 18.3% in volume but rose 1.8% in value due to higher prices, while silver imports surged 56% in volume and more than doubled in value, driven by industrial demand.
Ajit Ranade explores the delicate balance between equity and merit in India's fiscal federalism, warning that failure could threaten cooperative federalism itself.
The Indian government's decision to revise the base year of the Consumer Price Index every 3-5 years aims to provide a more accurate reflection of consumption patterns and economic trends.
Gold and silver prices declined up to 2% in Delhi on Tuesday, with silver at Rs 2.45 lakh/kg and gold at Rs 1.57 lakh/10g. Analysts cite low Asian liquidity, US inflation data, and easing geopolitical tensions as key factors.
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The Indian rupee appreciated by 5 paise to settle at 90.69 against the US dollar in the foreign exchange market, driven by positive domestic equity trends and global cues.
India faces the risk of the middle-income trap, where growth stalls after reaching a certain level. This article explores the causes, global examples, and policy solutions to sustain economic momentum.
Gold futures declined more than 1% on MCX due to reduced safe-haven demand, improved geopolitical sentiment, and a strong US dollar. Experts view this as consolidation within a broader bullish trend.
Gold prices may trade with a bearish bias, while silver faces tight market conditions. Geopolitical events and economic data drive volatility in precious metals markets.
Asian stock markets traded in negative territory on Tuesday, with Japan's Nikkei index dropping 427 points. Trading activity was limited as major markets in China and Hong Kong remained closed for the Lunar New Year holiday.
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An IIM Lucknow study shows Ayodhya's tourism surged from 1.7 lakh to 11 crore visitors after the Ram Temple opening, boosting shopkeeper incomes fivefold and projecting Rs 10,000 crore annual revenue.
A new report warns rising temperatures could slash India's GDP by up to 2.5%. Banks and investors are now analyzing heat risks and adjusting policies to counter this major economic threat.
India's trade deficit reached a three-month high of $34.6 billion in January 2024, as imports surged 19.1% to $71.2 billion, fueled by spikes in gold and silver shipments. Exports remained nearly flat at $36.6 billion, with declines in gems and jewelry an
India's currency in circulation reached a historic Rs 40 lakh crore in January 2026, growing 11.1% year-on-year. However, the cash-to-GDP ratio fell to 11.2%, indicating digital payments are financing more economic activity despite higher absolute cash ho
The Indian rupee declined 8 paise to close at 90.74 against the US dollar on Monday, pressured by a robust American currency and foreign fund withdrawals. Lower crude oil prices and positive domestic equities helped limit the fall.
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The Union Budget 2026-27 has been criticized for failing to meet strategic priorities, despite its aspirational rhetoric about knowledge leadership and innovation. Experts argue it lacks concrete implementation plans.
Bengaluru residents face steep fruit price hikes, with bananas up 75% and pomegranates 60% due to seasonal fluctuations, reduced arrivals, and pre-festival stockpiling by traders.
India's wholesale price inflation accelerated sharply to 1.81% in January 2025, marking the highest rate in nine months, up from 0.83% in December, driven by rising prices across key sectors.
India's trade deficit expanded to Rs 3,14,821 crore in January 2024, driven by a significant rise in gold imports, according to recent government data. This marks a notable increase from previous months, highlighting ongoing trade imbalances.
India's wholesale price index inflation surged to 1.81% in January, marking the highest level in nine months. Food inflation rebounded to 1.41%, while manufactured products saw a sharp rise to 2.86%.
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India's unemployment rate increased slightly to 5% in January 2026 from 4.8% in December, according to the latest government survey data for individuals aged 15 and above.
