India to be third largest economy soon, says RBI Governor; lauded women, Jan Dhan scheme for growth push
RBI Governor Sanjay Malhotra highlighted India’s imminent rise to the world’s third-largest economy, attributing this progress to the Pradhan Mantri Jan Dhan Yojana’s success in ...
India-China trade gap: Deficit widens to $99.2 billion in 2024-25; how New Delhi plans to reduce dependence
India-China trade has grown, but a significant trade deficit favoring China persists, raising concerns in India. Despite increased exports, imports from China far outweigh them, ...
Forex watch: Reserves fall $4.38 bn to $690.72 bn, FCA and gold drag holdings
India’s foreign exchange reserves decreased by $4.386 billion, reaching $690.72 billion in the week ending August 22, according to the RBI. This decline was primarily ...
Fiscal deficit: Gap widens to 29.9% of FY26 target by July-end, CGA data signals strain
India’s fiscal deficit reached 29.9% of its full-year target by July, surpassing the previous year’s 17.2%. Despite this, the Indian economy experienced robust growth of ...
Currency watch: Rupee plunges 61 paise to all-time low of 88.19 vs dollar; FIIs add to pressure
The rupee plummeted to a record low of 88.19 against the dollar amid escalating trade tensions with the US, month-end dollar demand, and continuous foreign ...
India’s GDP grows at robust 7.8% in Q1 FY26; beats estimates by wide margin – key highlights
India’s GDP surged by 7.8% in the first quarter of FY 2025-26, exceeding expectations and surpassing the previous year’s 6.5% growth. This robust performance is ...
GST reforms: Slab cuts to simplify taxes, lower prices and boost consumption, says BoB report
India is poised to overhaul its GST structure, reducing tax slabs from four to two. This reform aims to lower rates on essential goods and ...
‘Will neither bow down nor appear weak’: Piyush Goyal on trade deals with India; message amid US tariffs
Piyush Goyal says India will prioritize self-respect in trade talks. India is ready for free trade agreements, but not at the cost of national pride. ...
‘Draconian tariffs’: Chris Wood sees $55-60 billion hit for India; calls it Trump’s ‘personal pique’
US tariffs on Indian goods, including penalties for Russian oil, could cost India $55-60 billion, impacting textiles, footwear, and jewelry sectors, according to Jefferies’ Chris ...
Mutual funds’ share in household savings jumps 6x in decade on inclusion, low rates & confidence boost
The Rise of Mutual Funds: How India is Saving Smarter For years, the image of Indian household savings revolved around gold, real estate, and traditional ...
