The move underscores a cautious and calculated approach as economic risks resulting from the West Asia conflict have led to heightened uncertainty for both the inflation and growth outlook despite the US and Iran agreeing to a two-week ceasefire.
Corporate capex plans set to take a hit, input costs on rise, pressure on margins
Under the Foreign and International Monetary Authorities (FIMA) Repo Facility, central banks such as the RBI can place their holdings of US Treasuries with the Fed for one or seven days and get dollars in return.
Domestic LPG price was hiked by Rs 60 per 14.2-kg cylinder on Saturday to Rs 913 in Delhi, with corresponding changes in other parts of the country
India had, in recent months, cut down significantly on its oil imports from Russia amid trade negotiations with the US, as Washington made it a pre-requisite for scrapping its 25% additional penal tariff on New Delhi.
While global economic order is shifting under the weight of volatility, the Indian economy presents a picture of resilience and stability, he said.
Experts caution that if export volumes are redirected to the domestic market, pricing pressures could further intensify
Policy makers in the government are of the view that this change, which is in line with global practice, will lend the government more space to enhance its development spending. Further, they see the pace of fiscal consolidation to be more gradual.
'In this deal, how much was geopolitics a factor since the EU probably felt being pushed to a corner because of what had happened with the US. And India too, given how things unfolded for it.'
Economic Survey reflects the core challenge facing India in a changing global order.
Despite being late to the AI race, the Survey notes that India enters the AI era with formidable strengths that make a bottom-up approach viable.
Economic Survey estimates GDP to grow 6.8-7.2 per cent in 2026-27
Index bellwethers, Reliance Industries and ICICI Bank have also posted lower-than-expected earnings numbers.
Higher revenues and improved earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins are expected to offset the high capital expenditure of the companies covered by Fitch Ratings, its analysts said in a note.
The Government has plans to ramp up steel production using steel scrap with the arc furnace technology under the “green steel initiative”.
Union Budget will be based on this data, though the First Advanced Estimates will undergo revisions through the year.
Though the Indian economy is not fully immune to the external sector headwinds, coordinated fiscal, monetary and regulatory policies have helped build resilience over the years, it said.
Buoyed by stronger-than-expected economic momentum and a steady cooling in inflation, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously cut the repo rate by 25 basis points (bps) to 5.25 per cent, a move that is likely to bring down lending and deposit rates across the banking system. The reduction — […]
Overall, GST collections, after refunds and excluding cess, stood at Rs 1.52 lakh crore in November as against Rs 1.50 lakh crore, up 1.3 per cent from last year. Including cess, net GST mop-up was Rs 1.56 lakh crore in November, down 4.2 per cent from last year.
Bills to amend excise duty, introduce 'Health Security se National Security Cess'.
With Q2 growth also exceeding expectations by a wide margin — the RBI had predicted a growth rate of 7 per cent for July-September — the central bank could raise its projection again next week after the Monetary Policy Committee’s (MPC) meeting.
His statement comes days ahead of the MPC’s upcoming meeting scheduled from December 3 to 5.
Steep 50 per cent US tariffs came into effect on August 27. After the China-US trade deal, tariffs on India are the highest globally.
This comes after multiple units in the SEZs, particularly those which entirely cater to the US market, have written to the Commerce Ministry seeking that they be de-notified due to sudden tariff pressure that has left exports uncompetitive in the US market.
Pre-survey test finds most households say details ‘sensitive’, 95% felt ‘uncomfortable’ sharing information on income, tax paid







