Economy
Global oil prices surged past the $100 per barrel mark for the first time since July 2022, driven by escalating geopolitical tensions and supply disruptions. Brent crude futures climbed above $112, while West Texas Intermediate (WTI) crossed $105, sparking concerns about inflationary pressures and energy market instability worldwide. Key Drivers Behind the Surge Trump’s Threats…
India’s bond market witnessed stability as the government announced a lower-than-expected borrowing plan for the first half (H1) of the fiscal year. Analysts described the move as a positive surprise, easing concerns about excess supply of government securities and providing relief to investors who had anticipated higher borrowing figures amid fiscal pressures. Background of the…
The Indian rupee has plunged to a record low of ₹94.83 against the US dollar, marking its worst fiscal year decline in more than a decade. The currency has depreciated by nearly 11% in FY26, driven by surging crude oil prices, foreign fund outflows, and escalating Middle East tensions. Key Highlights Pivot Analysis: Stakeholder Narratives…
ICICI Bank has revised India’s GDP growth forecast for FY27 to 6.9%, reflecting optimism about the country’s economic trajectory while acknowledging global and domestic challenges. This updated projection highlights India’s resilience amid global uncertainties, inflationary pressures, and evolving trade dynamics. Why the Revision Matters GDP forecasts are critical for policymakers, investors, and businesses. ICICI Bank’s…
The Government of India has formally asked the Reserve Bank of India (RBI) to maintain retail inflation at 4% with a tolerance band of ±2% until March 2031. This long-term directive underscores the country’s commitment to price stability, economic resilience, and sustainable growth. By extending the inflation target for five more years, policymakers aim to…
The global economy is entering a precarious phase where energy shocks are no longer confined to one region or country. Neelkanth Mishra, a prominent economist and policymaker, has warned that a 4% disruption in global energy supply could drag down world GDP significantly, underscoring that this is not just India’s problem but a challenge for…
The Reserve Bank of India (RBI) has introduced new broker rules effective April 1, 2026, which are set to reshape the way traders, brokers, and market participants operate in India’s capital markets. These rules, centered around 40% haircuts on pledged securities and cash-only mandates for certain collateral requirements, are designed to strengthen financial stability, reduce…
India’s economic trajectory continues to attract global attention, with S&P Global projecting a robust 7.1% GDP growth for the fiscal year 2026-27. This forecast underscores India’s resilience amid global uncertainties and highlights the country’s potential as one of the fastest-growing major economies in the world. The Significance of the Forecast S&P Global’s projection comes at…
The Government of India has announced modifications to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), expanding credit coverage and easing compliance to support manufacturing and exports. Loans up to ₹100 crore for plant and machinery purchases will now be eligible, with special provisions for exporters. Key Highlights of the Modifications Comparative Analysis of MSME…
India and Russia are strengthening their economic partnership as discussions at the Russia-India Forum placed free trade and deeper cooperation at the center of the agenda. The forum, held in Mumbai, highlighted the potential for a Free Trade Agreement (FTA) between India and the Eurasian Economic Union (EAEU), which includes Russia, Belarus, Kazakhstan, Armenia, and…
