38.8 C

Delhi

23.7 C

Geneva

Sunday, June 7, 2026 11:42 PM

Ebola Outbreak in Central Africa Nears 500 Cases as WHO Warns Epidemic Accelerating

A deadly Ebola outbreak raging in Central...

Russia Solidifies Position as India’s Top Oil Supplier: Share Hits 38% in April 2026

Russia has strengthened its position as India’s...

India’s Economy Surges 7.7% in FY26 as Q4 Growth Hits 7.8%

India’s economy has demonstrated robust momentum, with...

Economy

AI Impact Summit Artificial Intelligence Defence Papers Economy Editor’s Pick Entertainment & Lifestyle Human Stories from Forgotten Wars India International

India’s Economy Surges 7.7% in FY26 as Q4 Growth Hits 7.8%

India’s economy has demonstrated robust momentum, with Gross Domestic Product (GDP) growth estimated at 7.7% for the financial year 2025-26. The fourth quarter (January–March 2026) alone saw growth accelerate to 7.8%, according...

Economy Amit Kashyap -

US proposes fresh tariffs on India, Pakistan and EU, but move is still not final

The United States has proposed fresh tariffs on imports from India, Pakistan and the...

Economy Ankita Anand -

GST Collections Climb 3.2% in May 2026 to ₹1.94 Lakh Crore on Strong Domestic Demand

India's goods and services tax revenue showed steady growth in May 2026. Gross GST...

Economy Rishikesh Mishra -

India-US Trade Deal 99% Complete: Only 1% Left, Says US Ambassador Sergio Gor

India and the United States are on the verge of sealing a major bilateral...

Economy Amit Kashyap -

Sitharaman Flags 3Fs: Fuel, Fertiliser and Forex Amid West Asia Crisis

Union Finance Minister Nirmala Sitharaman has called for greater attention to the “3Fs” —...

Economy Express Desk -

Latest

India’s Economy Surges 7.7% in FY26 as Q4 Growth Hits 7.8%

India’s economy has demonstrated robust momentum, with Gross Domestic Product (GDP) growth estimated at 7.7% for the financial year 2025-26. The fourth quarter (January–March 2026) alone...

US proposes fresh tariffs on India, Pakistan and EU, but move is still not final

The United States has proposed fresh tariffs on imports from India, Pakistan and the European Union, but the move is still not final. According...

GST Collections Climb 3.2% in May 2026 to ₹1.94 Lakh Crore on Strong Domestic Demand

India's goods and services tax revenue showed steady growth in May 2026. Gross GST collections reached ₹1.94 lakh crore, marking a 3.2% increase compared...

India-US Trade Deal 99% Complete: Only 1% Left, Says US Ambassador Sergio Gor

India and the United States are on the verge of sealing a major bilateral trade agreement, with US Ambassador to India Sergio Gor announcing...

Sitharaman Flags 3Fs: Fuel, Fertiliser and Forex Amid West Asia Crisis

Union Finance Minister Nirmala Sitharaman has called for greater attention to the “3Fs” — fuel, fertiliser and forex — as India navigates the economic...

RBI Approves Record Dividend Payment of ₹2,86,588 Crore to Government for FY26

The Reserve Bank of India’s Central Board has approved a record dividend payment of ₹2,86,588.46 crore to the central government for the financial year 2025–26 (FY26)....

India and Italy Unveil Indo‑Mediterranean Vision, Set €20 Billion Trade Target by 2029

Prime Minister Narendra Modi and Italian Premier Giorgia Meloni have unveiled a sweeping road map to strengthen India–Italy ties, centred on a new Indo‑Mediterranean corridor and...

India’s Edible Oil Imports Rise 3% in FY26 as Nepal Duty-Free Shipments Jump

India’s edible oil imports rose 3% in FY26, driven mainly by a sharp increase in duty-free shipments from Nepal under the South Asian Free...

India relaxes FDI norms for overseas firms with up to 10% Chinese ownership

India has relaxed its foreign investment rules for overseas companies that have up to 10% Chinese shareholding, making it easier for such firms to...

Record ₹2.43 Lakh Crore GST Haul in April 2026: Imports Fuel All-Time High Despite Global Tensions

India's Goods and Services Tax (GST) system delivered its strongest-ever performance in April 2026, collecting a staggering ₹2.43 lakh crore in gross revenue. This...

India to Launch Monthly Services Output Index Using GST Data Amid Stats Overhaul

India's government is set to introduce a game-changing Services Sector Output Index—a monthly gauge of the services economy powered by GST data. Announced by the...

Govt weighs mandatory silver hallmarking

As the government gears up to make hallmarking of silver mandatory, a new report by a Delhi-based public policy consultancy has highlighted several economic...

India-New Zealand Free Trade Agreement Signed: A Game-Changer for Bilateral Trade

India and New Zealand have inked a landmark Free Trade Agreement (FTA) on April 27, 2026, at Bharat Mandapam in New Delhi. Commerce and...

India, New Zealand Set to Sign Landmark Free Trade Agreement on April 27

India and New Zealand are set to sign a major Free Trade Agreement (FTA) on April 27, 2026, in New Delhi. The deal is expected...

Textiles and Garment Exports Fall 2.2% in 2025–26; Exports Dip to $35.8 Billion

India’s textiles and garment exports recorded a decline in the financial year 2025–26, slipping by 2.2% to about $35.8 billion, according to the Global Trade...

India-US Trade Talks End on Positive Note: No Deadline Set, Engagement Continues

India and the United States have concluded a series of productive in-person trade discussions in Washington, D.C., from April 20 to 23, 2026. This...

India’s Core Sectors Shrink 0.4% in March 2026 Amid West Asia Crisis: Worst Drop in 19 Months

India's eight core sectors—key indicators of industrial health—recorded a 0.4% contraction in March 2026, the first drop in five months and the steepest since...

India Advances FDI for Nuclear Power: Banking Investments to Fuel 100 GW Goal

India's nuclear energy sector is on the cusp of transformation, with Foreign Direct Investment (FDI) set to play a pivotal role in funding ambitious...

Why oil prices aren’t what you think – and what it means for global supply

Oil prices have dominated headlines and policy discussions since the start of the US-Israel war on Iran. In the six weeks since the United...

India’s Retail Inflation Climbs to 3.4% in March 2026 on Food Price Surge

India's retail inflation edged higher to 3.4% in March 2026, up from 3.21% in February, according to the National Statistics Office (NSO). This reading...

Moody’s Cuts India’s FY27 GDP Growth Forecast to 6%

Moody’s Ratings has revised India’s real GDP growth forecast for fiscal year 2026–27 (FY27) to 6.0%, down from 6.8% earlier, citing the impact of...

India’s Manufacturing PMI Hits 4-Year Low at 53.9 Amid Cost Surge and Global Tensions

India's manufacturing sector cooled off in March 2026, with the Purchasing Managers' Index (PMI) sliding to 53.9—a sharp drop from February's robust 56.9. This...

Aramco CEO Warns: Hormuz Closure Risks Catastrophic Oil Crisis

Saudi Aramco CEO Amin Nasser has issued a stark warning: a prolonged closure of the Strait of Hormuz could unleash "catastrophic consequences" on global...

India GDP Growth Set at 7.6% in FY26 Under New Series, Q3 at 7.8%

India’s economy is on track to grow at 7.6% in FY26 (2025–26) under the new GDP series, according to the latest official data. The...

Breakthrough! India-Israel Sign UPI Pact, FTA Talks Accelerate

Prime Minister Narendra Modi’s visit to Israel on February 25-26, 2026, marked a milestone in bilateral relations. Meeting Israeli PM Benjamin Netanyahu in Tel...

India’s Net FDI Negative for 4th Straight Month: Record Repatriation Overshadows Inflows

India's foreign direct investment (FDI) landscape shows signs of strain, with net FDI turning negative for the fourth straight month in December 2025. Reserve...

India-UK Free Trade Agreement Set for April 2026 Launch: Boost for Bilateral Trade

India and the United Kingdom are on track to implement their landmark Comprehensive Economic and Trade Agreement (CETA) by April 2026, according to a...

RBI Keeps Repo Rate Steady at 5.25% in February 2026 MPC Meet: Key Highlights

The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its February 2026 meeting today, opting to hold the key repo rate steady...

US-India Trade Deal 2026: Tariffs Slashed from 50% to 18%

A groundbreaking US-India trade deal 2026 has slashed US tariffs on Indian exports from a peak of 50% to just 18%, announced by President...

Union Budget 2026 Key Highlights: Tax Relief, Infra Boost, and MSME Support

India's Union Budget 2026-27, unveiled by Finance Minister Nirmala Sitharaman on February 1, 2026, prioritizes inclusive growth amid global headwinds. It spotlights 10 key...

India Shines Bright: Economic Survey 2025-26 Boosts Growth Outlook to 7% Amid Global Gloom

India's Economic Survey 2025-26 presents a rosy picture of the nation's economy, upgrading the medium-term growth outlook to 7% from the earlier 6.5%, even...

‘Mother of All Deals’: India-EU FTA Explained

New Delhi: EU and India concluded the long awaited free-trade agreement after almost two decades of negotiations, part of an effort to deepen economic...

India-EU FTA: ‘Mother of all deals’ sealed

Prime Minister Narendra Modi said on Tuesday that India and the European Union had signed the “mother of all deals” ushering in a landmark...

Quick Commerce Ditches 10-Minute Delivery: Labour Ministry Steps In for Gig Worker Safety

India's quick commerce giants are bidding farewell to the 10-minute delivery promise. Following intervention by Union Labour Minister Mansukh Mandaviya, platforms like Blinkit, Zepto,...

Historic Sunday: Union Budget 2026 on February 1 as Budget Session Kicks Off January 28

India's Parliament Budget Session begins January 28, 2026, culminating in the Union Budget presentation on February 1—a historic Sunday occasion breaking decades of weekday...

Trump’s 500% Tariff Bomb: Billions at Risk for India’s US Exports Over Russian Oil Buys

US President Donald Trump has endorsed the Sanctioning Russia Act of 2025, a bipartisan bill threatening 500% tariffs on exports from India and similar...

India’s Auto Retail Sales Cross 2.81 Crore Units in 2025, Grow 7.71% YoY

India’s auto retail sector ended calendar year 2025 on a strong note, with total vehicle registrations rising 7.71% year‑on‑year to over 2.81 crore units,...

India Imposes 3-Year Steel Tariff to Shield Domestic Makers from Cheap Imports Surge

India has rolled out a three-year tariff on certain steel products to tackle a sharp rise in cheap imports hurting local producers. The finance...

India’s Industrial Output Soars to 25-Month High of 6.7% in November 2025 on Manufacturing Surge

India's industrial activity roared back to life in November 2025, with the Index of Industrial Production (IIP) posting a sharp 6.7% year-on-year growth—the highest...

India-New Zealand FTA Set to Double Bilateral Trade in 5 Years: Piyush Goyal

India's Commerce and Industry Minister Piyush Goyal has announced a major boost for bilateral ties with New Zealand. The newly concluded Free Trade Agreement...

India’s Trade Deficit Plummets 61% to $6.6 Billion in November 2025 on Export Surge

India's trade balance showed remarkable strength in November 2025, with the overall trade deficit shrinking 61% to just $6.6 billion from $17.06 billion the...

US Faces India’s Ultimatum: Approve Deal, Drop 50% Tariffs

India has submitted what it calls a "final" revised trade proposal to the United States, centering on the urgent removal of steep tariffs that...

India-US Tariff Talks Kick Off December 10: Relief from 50% Duties in Sight?

India and the United States gear up for pivotal trade discussions in New Delhi from December 10 to 12, aiming to resolve steep tariffs...

India-Russia Bilateral Trade to Hit $100 Billion Before 2030: PM Modi

Prime Minister Narendra Modi declared that India and Russia will achieve their ambitious $100 billion bilateral trade goal before 2030, thanks to accelerating momentum...

Lok Sabha Passes Bill to Raise Excise Duty on Tobacco Products as GST Cess Ends

The Lok Sabha has passed the Central Excise (Amendment) Bill, 2025, which will replace the existing GST compensation cess on tobacco products with higher...

India’s GDP Surges 8.2% in Q2 FY26: Six-Quarter High Fueled by Manufacturing Boom

India's economy achieved a robust 8.2% real GDP growth in Q2 FY26 (July-September 2025), marking the highest rate in six quarters and surpassing forecasts...

WPI Inflation Drops to -1.21% in October 2025 Due to GST Cut and Base Effect

India’s Wholesale Price Index (WPI) inflation fell sharply to -1.21% in October 2025, marking a 27-month low. This drop was primarily driven by recent...

India’s Manufacturing PMI Hits 17-Year High of 59.2 in October Amid Festive Demand and GST Reform

India’s manufacturing sector achieved a significant milestone in October 2025 as the Manufacturing Purchasing Managers’ Index (PMI) soared to 59.2—a level not witnessed in...

India’s September IIP Growth Eases to 4% as Mining and Electricity Falter

India’s industrial output, measured by the Index of Industrial Production (IIP), registered a growth of 4% in September 2025, marking its slowest pace in...

India’s Private Sector Grows at Slowest Pace in Five Months as PMI Dips in October

India’s private sector growth decelerated in October 2025, reaching its weakest pace in five months as measured by the latest composite Purchasing Managers’ Index...

India Starts Paying for Russian Oil in Chinese Yuan: A Major Shift in Global Energy Trade

India has officially begun settling a portion of its Russian oil purchases using Chinese yuan, marking a significant development in international energy commerce. This...

IMF Raises India’s 2025 Growth Forecast to 6.6%, Cuts 2026 Outlook

The International Monetary Fund (IMF) has increased its forecast for India’s economic growth in 2025 to 6.6%, highlighting the country's strong momentum despite global...

UK’s Keir Starmer Leads Largest Business Delegation to India, Pushes for Next-Gen Trade Growth

British Prime Minister Keir Starmer has arrived in Mumbai, India, leading a massive business and academic delegation in his first official visit since the...

Niti Aayog Proposes Optional Presumptive Taxation Scheme to Boost Foreign Investment in India

Niti Aayog, the Indian government’s policy think tank, has unveiled an innovative optional presumptive taxation scheme to enhance tax certainty and attract more foreign...

India’s GST Revenue Jumps 9% in September, Hits All-Time High of ₹1.89 Lakh Crore

India’s Goods and Services Tax (GST) collections registered a strong 9% growth in September 2025, with total receipts reaching ₹1.89 lakh crore. This significant...

Moody’s Reaffirms India’s Baa3 Rating, Highlights Strong Economy and Fiscal Challenges

India’s sovereign credit rating has been reaffirmed at ‘Baa3’ with a stable outlook by Moody’s, one of the world’s top credit rating agencies. This...

India’s Exports Surge 6.7% to $35.1 Billion in August as Imports Fall 10%

India marked a positive turn in its global trade story for August 2025, recording a strong 6.7% rise in merchandise exports that reached $35.1...

India’s Two-Rate GST: Simpler Taxes from September 22

India’s Goods and Services Tax (GST) Council has approved a major simplification of the country’s tax system by introducing a two-rate GST structure starting...

Massive Surge in Foreign Project Withdrawals: India Sees ₹2 Lakh Crore Worth of Cancellations in Q1 2025

India's investment climate underwent a dramatic shift in the first quarter of 2025, as foreign firms halted or withdrew projects representing an astonishing ₹2...

Gold Prices Soar to Record ₹1.06 Lakh per 10 Gram on Weak Rupee and Tariff Concerns

Gold prices in India climbed to an all-time high of ₹1.06 lakh per 10 grams on September 2, 2025, driven by rising concerns over...

India’s Economy Grows Faster-than-Expected at 7.8% in Q1 2025

India’s economy has experienced a significant boost, growing at an annual rate of 7.8% in the first quarter (June quarter) of the fiscal year...

PM Modi’s Japan Visit: Spotlight on Economic and Tech Collaboration

Prime Minister Narendra Modi is in Japan for a two-day official visit, focusing on the 15th India-Japan Annual Summit with Japanese Prime Minister Shigeru...

Sensex Crashes 849 Points Below 81,000 Ahead of U.S. Tariff Rollout

India’s stock market faced a sharp fall as the BSE Sensex dropped by 849 points and closed below 81,000 on August 26, 2025. This...

Major GST Overhaul Slated for Diwali: Common Goods to Get Cheaper

The Government of India has announced a sweeping proposal to overhaul the Goods and Services Tax (GST) framework by reducing it to just two...

India Records Sharp Drop in Inflation to 1.55% in July

India’s retail inflation, measured by the Consumer Price Index (CPI), dropped to 1.55% in July 2025 — the lowest level since June 2017. This...

Trade Tension Triggers ₹18,000 Crore FPI Outflow from Indian Equities in August

Foreign Portfolio Investors (FPIs) withdrew nearly ₹18,000 crore from Indian equities in August 2025, marking another month of heavy selling. This brings the total...

Trump Orders Additional 25% Tariff on Indian Goods Amid Russian Oil Dispute

The United States has announced a sharp increase in tariffs on Indian goods, responding to India’s continued purchase of Russian oil. Under this new...

How U.S. Sanctions on Russian Oil Could Add $9–11 Billion to India’s Import Bill

With the United States increasing its pressure on countries importing Russian oil, India faces a significant financial threat. Analysts project that if U.S. sanctions...

Trump’s 25% Tariff on India: What It Means for Trade and Economy

The Trump administration has announced a new 25% tariff on a wide range of goods imported from India, effective August 1, 2025. This move...

India’s Economic Growth Set to Surpass 6.5% in FY26 on Strong Domestic Demand

India’s economy is set to remain among the world’s fastest-growing major economies, with forecasts for the financial year 2025-26 placing growth above 6.5%. This...

India Announces ₹4,850 Crore Line of Credit to Maldives During PM Modi’s Visit

Prime Minister Narendra Modi’s official visit to the Maldives today, marked a significant step forward in India-Maldives relations with the announcement of a ₹4,850...

India-UK sign FTA : Scotch, Rolls Royce, Salmon to get cheaper

London: India and the United Kingdom signed a historic free trade agreement (FTA) today in London in the presence of Prime Minister Narendra Modi...

REC net profit rises 29% to ₹4,451 crore in Q1; disbursements jump to ₹59,508 crore

New Delhi: REC Ltd reported a 29% year-on-year rise in standalone net profit to ₹4,451 crore for the quarter ended June 30, 2025, up...

India to Roll Out EFTA Trade Agreement from October 1, Eyes $100 Billion FDI

India’s Free Trade Agreement with the European Free Trade Association (EFTA) will officially come into effect on October 1, 2025. The announcement was made...

India Rejects NATO Sanctions Threat Over Russia Oil Trade

India has strongly rejected the recent threat by NATO Secretary General Mark Rutte, who warned of "100% secondary sanctions" on countries continuing to trade...

Fertilizer Security Boost: India to Import 3.1 Million MT DAP from Saudi Arabia

The Union Minister for Health and Family Welfare and Chemicals and Fertilizers, Shri J.P. Nadda, concluded his visit to Saudi Arabia on 13th July...

India’s Services Sector Growth Hits 10-Month High in June on Surge in New Orders

India's services sector recorded its fastest growth in 10 months this June, powered by a sharp rise in new business orders, both domestic and...

India’s Economy Remains Resilient, RBI Reports Lowest NPAs in Decades

On June 30, 2025, the Reserve Bank of India (RBI) released its Financial Stability Report, highlighting that India’s banking sector remains strong and the...

Oil Prices Hit Five-Month High After U.S. Strikes on Iran: Impact on India and the World

Oil prices have surged to a five-month high following a dramatic escalation in tensions between the United States and Iran. After the U.S. launched...

Israel’s economy in times of war

War is expensive. With Israel fighting on at least two fronts, the country's finances and economy are strained. In addition to requiring huge amounts...

Trade Deficit Dips in May 2025 as India’s Export Engine Fires Up

India’s trade deficit narrowed significantly in May 2025, thanks to falling crude oil prices, reduced gold imports, and strong performance in services exports. According...

India Relaxes SEZ Rules to Boost Semiconductor and Electronics Manufacturing

In a significant policy shift, the Indian government has relaxed the rules governing Special Economic Zones (SEZs) to attract major investments in semiconductor and...

India’s GST Collections Cross ₹2 Lakh Crore in May 2025, Marking 16.4% Growth

India’s Goods and Services Tax (GST) collections witnessed strong growth in May 2025, reaching ₹2.01 lakh crore. This marks a 16.4% year-on-year increase, compared...

2024–25 GDP Growth at 6.5%: India’s Slowest Pace Since COVID-19

India’s economy grew by 6.5% in the financial year 2024–25, marking the slowest annual growth since the COVID-hit year of 2020–21. The data, released...

Trump Threatens Apple with 25% Tariff Over iPhone Production in India

U.S. President Donald Trump has once again turned his focus on Apple, issuing a clear warning: produce iPhones in the United States or pay...

Retail Inflation Cools to 3.16% in April — Lowest in Almost 6 Years

India’s retail inflation fell to 3.16% in April 2025, marking its lowest level in nearly six years. This steep decline has been driven largely...

India’s GST Revenue Hits Record ₹2.37 Lakh Crore in April 2025, Rises 12.6%

India’s Goods and Services Tax (GST) collection soared to an all-time high of ₹2.37 lakh crore in April 2025, marking a significant 12.6% increase...

SEBI Cracks Down on Gensol for Misusing EV Project Funds

Gensol Engineering Ltd. is under a government probe after the Securities and Exchange Board of India (SEBI) uncovered alleged misuse of Rs 975 crore...

India’s Forex Reserves Rise to $677.83 Billion for Sixth Straight Week

India’s foreign exchange reserves have recorded an impressive rise for the sixth week in a row, touching $677.83 billion. The steady growth reflects the...

India’s Growth Outlook Dimmed as Moody’s Revises GDP Forecast

Moody’s Analytics has revised its forecast for India’s GDP growth in the calendar year 2025, lowering it to 6.1% from an earlier estimate of...

India gets a 90-day breather; even as Trump hikes China tariffs to 125%

In a significant move, US President Donald Trump announced on a 90 day 'pause' on higher reciprocal tariffs for all countries except for China,...

Russian oil prices crash to $52 following Trump’s global tariff shock

Russia is in unprecedented economic situation as global crude prices fall sharply following Trump's global tariff shock and the OPEC's decision to increase oil...

Black Monday bloodbath: Markets crash worldwide

Uncertainty is looming large across global financial systems, with a global stock market crash unfolding across several different exchanges worldwide. In what is being...

India Passes Aircraft Leasing Bill to Boost Aviation Industry

India’s Parliament has passed the Protection of Interests in Aircraft Objects Bill, 2025, a significant step to improve the country’s aviation sector. This new law...

Trump imposes 26% ‘discounted reciprocal tariff’ on India, amidst global trade wars

US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the claimed 52 per cent levies imposed by...

FM Nirmala Sitharaman to Launch ‘NITI NCAER States Economic Forum’ Portal on April 1

Union Finance Minister Nirmala Sitharaman will launch the NITI NCAER States Economic Forum portal on April 1, 2025. The digital platform, developed by NITI...

Adani Energy Solutions Takes Over ₹1,996 Crore Mahan Transmission Project from RECPDCL

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has officially handed over the Mahan Transmission...

India’s Business Growth Slows in March as Service Activity Weakens

India’s private sector growth took a slight hit in March 2025 as the HSBC Flash India Composite Purchasing Managers' Index (PMI) fell to 58.6 from 58.8 in February. This drop...

North India’s first nuclear plant to come up in Haryana, Jaitapur project moves ahead amid environmental concerns

New Delhi: India’s nuclear energy expansion is gaining momentum with two major projects—the first-ever nuclear power plant in North India, coming up in Gorakhpur,...

India’s Wholesale Inflation Rises to 2.38% in February 2025

India's wholesale price inflation (WPI) climbed to 2.38% in February 2025, slightly up from 2.31% in January, according to official data. The increase was primarily driven...

HomeIndiaEconomy

Economy

Follow us