India’s current account deficit (CAD) is projected to widen to nearly 2% of GDP in FY26, according to Crisil, as rising global crude oil prices exert pressure on the country’s import bill. The rating agency highlighted that while India’s exports remain resilient, the surge in oil prices and strong domestic demand could tilt the balance,…
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…
India’s economic planners are sounding the alarm over rising global oil prices, with the Finance Panel warning of a ‘triple whammy’ risk that could destabilize the country’s fiscal balance, trade dynamics, and inflation trajectory. The panel has urged the creation of a comprehensive energy mitigation framework to shield the economy from external shocks and ensure…
