Economy

West Asia crisis: Govt to meet exporters, shipping firms on Monday

With tensions escalating in West Asia, the government is assessing possible disruptions to shipping routes and logistics as exporters warn of rising costs and wider trade risks

India faces oil shock as Iran war intensifies and supply risks grow

US and Israeli strikes that killed Ayatollah Ali Khamenei have deepened open conflict with Iran and rattled West Asia, disrupting sea routes via Strait of Hormuz, fuelling oil price spike

Economists project FY27 growth to be over 7% in the new GDP series

Economists expect India's FY27 growth to exceed 7 per cent under the new GDP series, supported by capex push and consumption, though trade tensions and El Nino risks loom

Net GST revenue collection up 7.9% at ₹1.61 trillion in February

In absolute numbers, the net GST revenue is the third highest in the last six months after January at ₹1.70 trn and October at ₹1.69 trn

Modi-Carney meet on Monday to see launch of free trade agreement talks

Signing of 10-year uranium supply pact also on agenda

Visible signs of pickup in private investment cycle: Shaktikanta Das

Das highlighted that India is now witnessing a rapid transformation fuelled by the so-called 'triple threat' of progress: innovation, disruption and the birth of entirely new business models

Iran war likely to hit India's three-pronged fuel reliance as tensions rise

Timing of the new US-Israel bombing of Iran and Tehran's response couldn't be worse for India

GST mop-up rises 8.1% to ₹1.83 trn in Feb on stronger import revenues

Gross domestic revenue rose 5.3 per cent to about Rs 1.36 trillion, while gross import revenue climbed 17.2 per cent to Rs 47,837 crore

Iran crisis may trigger oil price volatility and macro risks for India

Even in the absence of physical shortages, landed crude costs for Indian refiners would move higher

Russian imports set to hit 4-year low amid tariff chaos, refinery shutdown

Four years after Russia's invasion of Ukraine, Western measures to restrict Russian crude oil flows are beginning to have a real impact as the Trump administration steps up pressure on India

Modi's visit signals a new phase in India-Israel economic partnership

PM Modi's visit to Israel and ongoing FTA negotiations mark a shift from transactional trade to structured, execution-led economic collaboration between India and Israel

Beyond Uranium: Why India-Canada trade matters more than one thinks

Prime Minister Carney's visit spotlights the untapped potential in India-Canada trade, highlighting opportunities in energy, technology, agriculture, and expanding markets for mutual growth

PM Modi moots 'reform partnership charter' with industry, lenders

At a post-Budget webinar, PM Modi calls for a reform partnership charter to formalise collaboration among government, industry, FIs and academia, and urges deeper reforms and investment

India's FY26 growth outlook raised to 7.6% after GDP series reset

Economy expands 7.8% in Q3; manufacturing shines bright

India, EU free trade agreement includes model mediation procedures

These FTA texts may undergo further modifications as a result of the process of legal revision/ scrub. The texts will be final upon signing

GDP revision a move in right direction, but questions remain: Pronab Sen

The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths

New series addresses lacunae in older GDP methodology amid revision

Discrepancies between the expenditure and production sides not completely wiped out

New GDP series: Eye on revised mfg maths amid capex push, says India Inc

Clearer view on manufacturing expected with new GDP series

New GDP series: Consumption demand recovers in FY26, govt spending flat

India's Second Advance GDP Estimates for FY26 signal strengthening private consumption, steady government spending and firmer investment momentum, reflecting shifts under the revised GDP series

US licences for India's Venezuelan oil purchases mask ground realities

While GL 46A allows financing activities related to transactions, alongside are sanctions on dealings with Venezuelan state oil company PdVSA