Economy
India’s economy has enjoyed a period of relative stability in inflation over the past year, but the latest developments suggest that this comfort zone may soon face a serious test. Rising food prices, global oil market volatility, and supply chain disruptions are beginning to exert pressure on consumer prices. The Reserve Bank of India (RBI)…
India’s economy has shown renewed signs of momentum, with the Reserve Bank of India (RBI) highlighting in its latest report that GST rate cuts and festive demand have played a pivotal role in boosting consumption and overall growth. The report underscores how policy measures, combined with seasonal factors, have created a positive environment for businesses…
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,…
