Economy
India’s trade diplomacy is entering a new phase, with Commerce and Industry Minister Piyush Goyal confirming that negotiations for Free Trade Agreements (FTAs) are actively underway with several major economies including the European Union (EU), the United States (US), Oman, and New Zealand. The minister also revealed that “many more countries are wanting us to…
India’s monetary policy landscape is at a critical juncture as retail inflation has dropped to a record low, sparking renewed hopes of a repo rate cut by the Reserve Bank of India (RBI). With consumer price inflation easing significantly, analysts and market participants are debating whether the central bank will seize the opportunity to lower…
In a remarkable economic development, India’s retail inflation based on the Consumer Price Index (CPI) plummeted to a record low of just 0.25% in October 2025. This marks the lowest year-on-year increase in consumer prices since the inception of the current CPI series in 2012. The dramatic slowdown in inflation is being attributed to the…
Union Commerce and Industry Minister Piyush Goyal has strongly criticized the current credit rating framework in India, calling it “ridiculous” for evaluating micro, small, and medium enterprises (MSMEs) using the same parameters as billion-dollar corporations. Speaking at a business forum organized by CareEdge Global on November 11, 2025, Goyal emphasized the urgent need for a…
As India prepares for the Union Budget 2026, a chorus of leading economists has urged the central government to focus on boosting private sector investment while maintaining a strict adherence to fiscal prudence. During a high-level pre-budget consultation chaired by Finance Minister Nirmala Sitharaman and Chief Economic Advisor Anantha Nageswaran, experts emphasized the need for…
India’s trade relationship with Russia has taken a sharply imbalanced turn, as imports surged nearly twelvefold from $5.48 billion in 2020–21 to $63.81 billion in 2024–25, according to data from the Ministry of Commerce. Despite this exponential growth in inbound trade—driven largely by discounted oil purchases—Indian exporters have failed to make significant inroads into the…
In a landmark development for India’s capital markets, domestic pension funds have invested a record ₹41,242 crore in equities between January and September 2025, according to data from the National Stock Exchange (NSE). This surge in equity exposure underlines the growing maturity of India’s pension ecosystem and its increasing role in supporting domestic equity markets…
India’s Consumer Price Index (CPI) inflation has eased significantly to an estimated range of 0.4% to 0.6% in October 2025, according to a report released by the Bank of Baroda (BoB). This marks a continuation of the downward trend observed in recent months, with September’s CPI inflation already at an eight-year low of 1.54%, down…
India is poised to become a global manufacturing powerhouse, with projections indicating an annual contribution of $500 billion to the global economy from its manufacturing sector by 2030, according to Union Minister Pralhad Joshi. Speaking at the inauguration of the 7th India Manufacturing Show (IMS) 2025 in Bengaluru, Joshi emphasized that the current decade marks…
Union Finance Minister Nirmala Sitharaman has reiterated the government’s commitment to building world-class banks in India, stating that the country needs large, dynamic financial institutions to support its expanding economy. Speaking at the 12th SBI Banking and Economics Conclave in Mumbai on November 6, 2025, Sitharaman emphasized that discussions are actively underway with the Reserve…
