Economy

India approves ₹3,000 crore withdrawal to Maldives under Saarc swap

The earlier $400 million withdrawal, availed by Maldives under this framework in October 2024, matured on Thursday, the Indian High Commission said

Rupee 'fundamentally undervalued,' levels may attract investors: CEA

The currency has given up much of the gains fueled by the central bank's recent measures to curb speculative arbitrage bets that had pushed the rupee to record lows last month,

US sets preliminary antidumping duties on solar imports from India, others

India, Indonesia ​and Laos last year accounted for $4.5 billion in US solar imports, about two-thirds of the ‌total, according to government trade data

In open letter to PM, Bernstein flags structural risks to India's growth

Global brokerage Bernstein cautions India may under-deliver on growth potential without reforms, flagging risks from AI disruption, weak manufacturing gains and rising welfare spending

West Asia crisis: Supply woes could trigger demand shock, says RBI Bulletin

War, weak monsoon raise upside risks to inflation

Datanomics: Gas inflation rises, other fuel rates muted amid West Asia war

War-driven fuel shock hits India unevenly: LPG inflation spikes, petrol and diesel stay flat after tax cuts, while electricity prices continue to decline

India, Qatar discuss ways to boost trade, strengthen supply chains

India, Qatar discuss boosting trade and supply chain resilience amid West Asia disruptions, aim to double bilateral trade and advance CEPA talks

Outward remittances under RBI's LRS rise 19.06% in February 2026

India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued

India, South Korea to conclude FTA renegotiation by mid-2027: Goyal

India and South Korea aim to conclude FTA renegotiation by mid-2027, focusing on fair trade, localisation, and reducing barriers amid concerns over trade imbalance

Manufacturing lifts India's private sector activity in April: Report

India's private sector activity recovered in April with PMI rising to 58.3, driven by manufacturing output and sales, though input costs remained elevated amid fuel and raw material pressures

External debt and inflation within target: RBI governor Sanjay Malhotra

Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors

Has India's farm output finally become less dependent on the monsoon?

As India faces a below-normal monsoon forecast for 2026, improved irrigation, resilient seeds and policy support have strengthened farm output, though regional risks and inflation concerns persist

Oil firms lose ₹20/l petrol, ₹100/l diesel; no plan to hike price: Govt

The ministry said such reports are "designed to create fear and panic amongst the citizens and are mischievous and misleading"

West Asia war, supply issues may pose challenges to economy: RBI Bulletin

The conflict in West Asia has intensified pressures on the global supply chains in March with some easing observed in the first half of April

RBI net buys $7.41 billion in forex market in February, shows bulletin

During the month, the RBI purchased $21.4 billion and sold $13.99 billion. In January, it had net bought $2.5 billion

India's billionaire population to grow by 51% to 313 by 2031: Knight Frank

India's billionaire count is set to jump 51% by 2031, outpacing China and the US, as rapid wealth creation and strong real estate demand reshape the country's economic landscape

War-risk premiums surge: Can ₹12,980 cr maritime pool steady trade costs?

War-risk premiums have surged sharply, raising shipping costs. India's ₹12,980 crore Bharat Maritime Insurance Pool aims to stabilise coverage, but whether it can make trade cheaper remains uncertain

West Asia crisis: Rice exports dip 7.5% to $11.53 billion in 2025-26

Iran is India's top basmati rice export destination, but the shipments are witnessing growing stress on order flows, payment cycles, and ship schedules due to the prevailing instability

April flash composite PMI at 58.3 as demand pushes manufacturing growth

The flash manufacturing PMI stood at 55.9 compared to 53.9 in March, while the services PMI came in at 57.9 versus 57.5 earlier

India 'tough nut to crack' on trade, says USTR Greer after latest talks

Greer was responding to questions by lawmakers on exports of DDGs, which are used as high-protein livestock feed, soybean meal and ethanol