Economy
India’s currency markets witnessed a historic moment as the Indian Rupee (INR) plunged to a record low of 89.41 against the US Dollar on November 21, 2025. This marks the sharpest single-day fall since May earlier this year, with the rupee weakening by nearly 70 paise (0.79%). The fall has raised concerns about capital outflows,…
India’s retail sector has recorded a robust 11% growth in sales between August and October 2025, driven by the rollout of GST 2.0 reforms and strong festive season demand. The surge highlights the resilience of consumer spending and the effectiveness of policy measures aimed at simplifying taxation and boosting liquidity in the market. Background: GST…
India’s economic narrative has once again come under the spotlight as the Reserve Bank of India (RBI) faces criticism for repeated inflation forecast misses. The central bank, which plays a pivotal role in maintaining price stability and guiding monetary policy, has struggled to accurately predict inflation trends over the past few quarters. This has raised…
India’s external trade scenario witnessed a sharp imbalance in October as the country’s trade deficit widened to a record $41.68 billion, driven by a steep decline in exports and sustained import demand. According to official data, exports fell by 11.8 per cent year-on-year, reflecting global demand weakness, while imports remained elevated due to energy, electronics,…
India’s fiscal architecture is set for a significant transformation as the Finance Commission has formally submitted its report for the period 2026-31, outlining the roadmap for revenue distribution between the Centre and states. The report, which has been sent to President Droupadi Murmu, includes the much-anticipated formula for the division of tax revenues, recommendations on…
India’s economy continues to demonstrate resilience and strength, with a new report projecting GDP growth at 7 per cent in the second quarter of FY26. This projection underscores the country’s ability to sustain momentum despite global headwinds, inflationary pressures, and geopolitical uncertainties. The growth trajectory is being driven by robust domestic demand, government-led infrastructure spending,…
The Central Board of Direct Taxes (CBDT) has expressed strong confidence in meeting the ambitious ₹25.2 lakh crore direct tax collection target for FY26, citing robust economic growth, improved compliance, and enhanced digital monitoring systems. The announcement comes at a time when India’s fiscal health and revenue generation are under close scrutiny, with direct taxes…
India’s trade dynamics in the first seven months of FY26 have revealed a striking pattern: the United States remains India’s largest export destination, while China continues to be India’s biggest source of imports. This dual reality underscores both opportunities and challenges for India’s external trade policy, highlighting the country’s dependence on global partners for growth,…
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…
