Economy
The Reserve Bank of India (RBI) has confirmed that its gold reserves now stand at 879.6 tonnes, a significant holding that underscores India’s strategy to strengthen its financial stability amid global economic uncertainty. With gold prices surging due to geopolitical tensions, inflationary pressures, and volatile equity markets, the RBI’s position highlights the importance of gold…
India’s exporters are bracing for a significant setback as Mexico has announced a sweeping tariff hike that will impact nearly three-fourths of India’s outbound shipments to the Latin American nation. Beginning January 2026, duties on a wide range of products will rise as high as 50%, creating fresh challenges for Indian businesses across sectors such…
China’s massive $1 trillion trade surplus has once again come under scrutiny, with Nilesh Shah, a prominent market expert and member of India’s Economic Advisory Council to the Prime Minister (EAC-PM), arguing that the surplus is not solely the result of innovation and competitiveness but is significantly aided by an undervalued yuan. His remarks highlight…
India’s agricultural sector is poised for a significant transformation, with growth projected to reach 4% by FY26, according to a senior member of NITI Aayog. This announcement comes at a crucial time when the farm sector is being recognized as the backbone of India’s economy, employing nearly half of the workforce and contributing substantially to…
Telangana Chief Minister A. Revanth Reddy has set an ambitious target of transforming the state into a $3-trillion economy by 2047, coinciding with India’s centenary of independence. Speaking at a prestigious global investment summit, Revanth highlighted Telangana’s rapid strides in attracting foreign direct investment (FDI), technology partnerships, and infrastructure projects. The summit witnessed major announcements…
The Indian rupee has been under pressure in recent months, sparking concerns among investors, businesses, and policy watchers. However, Governor Malhotra has reassured markets that the currency’s decline is not a cause for panic. According to him, the rupee is likely to stabilize and trade around the 90 mark against the U.S. dollar in the…
The Indian rupee has come under renewed pressure in global currency markets, sparking concerns among investors and businesses about its near-term trajectory. However, leading currency expert Abhishek Goenka has reassured that while the rupee is facing headwinds, the situation is not one of panic. According to him, the current weakness is largely driven by external…
India’s currency movements have once again become a subject of national debate, with former NITI Aayog Vice Chairman Rajiv Kumar stating that the depreciation of the Indian rupee against major world currencies could be beneficial for the economy. His remarks highlight a nuanced perspective on exchange rate dynamics, suggesting that a weaker rupee may actually…
India’s fiscal roadmap for FY26 is drawing significant attention as global investment bank Goldman Sachs has projected that the government will remain on track to meet its fiscal deficit targets despite tax shortfalls. The report highlights that the government is likely to cut capital expenditure (capex) to balance the books, ensuring fiscal discipline while maintaining…
India’s monetary policy is once again in the spotlight as the Reserve Bank of India (RBI) prepares for its upcoming policy review. According to a report by Bank of Baroda (BoB) economists, the central bank is expected to hold the repo rate steady at 5.50% while maintaining a neutral stance. This decision, if confirmed, would…
