The Indian government has permitted the export of 25 lakh metric tonnes of wheat, with the Food Corporation of India's central pool projected to hold 182 lakh tonnes by April 2026, ensuring ample domestic availability.
Prime Minister Narendra Modi announced India now contributes 16% to global economic growth and is set to become a key driver of world expansion. Speaking at the ET Now Global Business Summit, he highlighted India's resilience and reform-driven approach.
US inflation fell to 2.4% in January, nearing a five-year low as apartment rental growth slowed and gas prices declined, moving closer to the Federal Reserve's 2% target.
Commerce Minister Piyush Goyal states that importing aircraft from the US will enhance tourism and reduce air fares in India, supporting economic growth and connectivity.
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India's foreign exchange reserves fell by $2.28 billion to $677.17 billion for the week ending December 6, 2024, driven by a decrease in foreign currency assets, as reported by the Reserve Bank of India.
India's foreign exchange reserves fell by $6.711 billion to $717.064 billion for the week ended February 6, reversing a previous surge to an all-time high, with gold reserves dropping sharply by $14.208 billion.
The Indian rupee declined by 3 paise to close at 90.64 against the US dollar, as forex traders noted a narrow trading range with a weakening bias due to a strong dollar limiting gains in emerging market currencies.
Gold prices rose sharply on Friday, climbing Rs 1,044 to Rs 1,53,880 per 10 grams in futures trade, fueled by fresh positions and firm spot market demand. International gold futures also gained 0.81%.
Union Budget 2026 introduces tax holidays, customs duty exemptions, and sector-specific schemes like Biopharma SHAKTI and ISM 2.0 to strengthen India's manufacturing ecosystem and global competitiveness.
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Asian stock markets declined sharply on Friday, tracking Wall Street losses amid concerns over heavy AI sector spending and anticipation of US inflation data. Key indices in Hong Kong, Shanghai, and Japan dropped, while South Korea's Kospi edged higher.
Uttar Pradesh, with a population larger than Brazil, has transformed from an economic laggard to a growth engine, doubling its economy in eight years and reshaping India's national development narrative.
Chief Economic Advisor V Anantha Nageswaran stated that the updated CPI series, with reduced food weightage, will lower inflation volatility and enhance monetary and fiscal policy precision by reflecting current consumption patterns.
The Lucknow EPFO office urges eligible establishments to register under the Pradhan Mantri Viksit Bharat Rozgar Yojana, with 4,062 out of 6,728 employers enrolled so far, covering nearly 100,000 workers. Officials highlight compliance gaps affecting benef
India's retail inflation stood at 2.8% in January under the new CPI series, with food weight reduced to 37% from 46%. The update reflects changing consumption patterns and includes modern items like OTT services.
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India's economy emerges as a global leader with robust growth, driven by reforms and resilience, though challenges like inflation and inequality persist.
The Karnataka government has sanctioned Rs 25 crore to establish 2,500 coffee kiosks, aiming to strengthen the coffee value-chain and create employment opportunities for economic empowerment.
India's retail inflation rose to 2.75% in January 2026, marking the highest level in eight months, driven by soaring prices of tomatoes and gold, according to the new series data.
Jharkhand records third-lowest unemployment rate in India at 3.2% for Oct-Dec 2025 quarter, though urban-rural divide persists with urban women facing job market challenges.
Retail inflation in India rose to 2.75% in January 2026, driven by soaring tomato and gold prices, with new CPI series including rural house rent for the first time.
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Despite rising global criticism of America under Trump, investors continue to pour money into US markets, revealing a disconnect between political rhetoric and financial action.
India's new CPI series with 2024 base year reflects modern consumption patterns, aiding monetary and fiscal policy decisions with more accurate inflation signals.
India's Ministry of Statistics and Programme Implementation has updated the Consumer Price Index base year to 2024, revealing a significant decline in food's share of household spending, reflecting changing consumption patterns.
Chief Economic Adviser Anantha Nageswaran states that updating the Consumer Price Index base year will improve data accuracy, supporting better monetary and fiscal policy formulation in India.
India's retail inflation, measured by the Consumer Price Index (CPI), eased to 2.75% in January 2024 under a revised base year series, reflecting stable price trends amid economic adjustments.
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The US labor market added 130,000 jobs in January, the strongest gain in over a year, with healthcare driving growth. Unemployment fell to 4.3%, but revisions show weaker past performance.
India's Consumer Price Index (CPI) inflation for January 2024 recorded at 2.75% under the new base year of 2024, reflecting stable price trends amid economic adjustments.
India's retail inflation for January 2026 stands at 2.75% under the new CPI series with base year 2024=100, featuring updated consumption patterns and expanded item coverage.
Prime Minister Narendra Modi commended Finance Minister Nirmala Sitharaman's Lok Sabha budget speech, calling it a comprehensive roadmap for India's economic transformation, with a proposed expenditure of Rs 53.47 lakh crore for FY2026-27.
Gold futures showed mixed trends on Thursday with near-term contracts facing profit booking while longer-dated ones gained. Major Indian cities reported slight declines in retail gold prices, driven by safe-haven demand and global macro uncertainty.
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A CRISIL report reveals a decline in the cost of a vegetarian thali in January, driven by lower prices of key commodities like vegetables and pulses, offering relief to household budgets.
