Economy
E25 shift should come before flex-fuel move: PMO advisor Tarun Kapoor
PM's adviser says ethanol blending should rise to E25 before India transitions to flex-fuel vehicles and E100, while electric mobility remains central to energy security
 "E25 shift should come before flex-fuel move: PMO advisor Tarun Kapoor")
CEA Nageswaran bets on reforms, stability to lift growth above 7% again
West Asia crisis may weigh on FY27 outlook, says Nageswaran
 "CEA Nageswaran bets on reforms, stability to lift growth above 7% again")
Centre working on common definitions to make data AI-ready: MoSPI secy
India is working to standardise government data definitions and classifications to improve interoperability and enable more effective AI applications
 "Centre working on common definitions to make data AI-ready: MoSPI secy")
Rupee logs best day in two months on RBI's foreign flow measures
RBI's foreign flow measures help Indian currency appreciate to 94.94 against dollar
 "Rupee logs best day in two months on RBI's foreign flow measures")
Centre likely overshot debt-to-GDP ratio in FY26 due to lower nominal GDP
Lower-than-expected nominal GDP growth may have pushed the Centre's debt ratio to 57.85 per cent in FY26, making its fiscal consolidation path steeper ahead
 "Centre likely overshot debt-to-GDP ratio in FY26 due to lower nominal GDP")
RBI bears hedging costs: Banks may offer 100 bps more on FCNR(B) deposits
RBI to bear hedging costs on FCNR(B) deposits till Sept 2026, aiming to boost NRI inflows and support the rupee amid weak capital flows
 "RBI bears hedging costs: Banks may offer 100 bps more on FCNR(B) deposits")
Indian households expect inflation to spike as consumer confidence wanes
RBI surveys show Indian households expect inflation to jump amid US-Iran war tensions and weak monsoon forecasts, driving a steep decline in consumer confidence
 "Indian households expect inflation to spike as consumer confidence wanes")
RBI, govt measures likely to attract up to $50 bn inflows, bridge BoP gap
Tax relief for FPIs, FCNR(B) incentives, ECB measures and expanded bond access could help offset India's projected balance of payments gap in FY27
 "RBI, govt measures likely to attract up to $50 bn inflows, bridge BoP gap")
India's foreign exchange reserves up by $938 mn to $682 bn, says RBI
India's forex reserves rose by USD 938 million to USD 682.3 billion, aided by higher foreign currency assets despite a decline in gold reserves
 "India's foreign exchange reserves up by $938 mn to $682 bn, says RBI")
India's GDP grows 7.8% in Q4FY26, full fiscal growth seen at 7.7%
In January-March period of the 2025-26 fiscal year, the gross domestic product (GDP) has been estimated to grow 7.8 per cent, MoSPI said
Plastic currency notes' proposal being reviewed, no decision yet: RBI Guv
RBI is evaluating the feasibility of polymer currency notes, with Governor Sanjay Malhotra saying the proposal remains at a preliminary stage
 "Plastic currency notes' proposal being reviewed, no decision yet: RBI Guv")
Gross FDI may cross $100 billion this fiscal, says RBI's Poonam Gupta
Gross FDI inflows may surpass $100 billion in FY27, RBI Deputy Governor Poonam Gupta said, citing strong investment momentum despite global uncertainty
 "Gross FDI may cross $100 billion this fiscal, says RBI's Poonam Gupta")
India, US may execute 1st phase of bilateral trade pact by mid July: Goyal
India and the US are close to finalising the first phase of their trade pact, with both sides aiming to sign a preferential access agreement by mid-July
 "India, US may execute 1st phase of bilateral trade pact by mid July: Goyal")
Govt to launch E85 fuel with 85% ethanol, challenge oil dependence
The new fuel enters the market amid lingering concerns over the impact of ethanol blends on mileage and engine durability
 "Govt to launch E85 fuel with 85% ethanol, challenge oil dependence")
Govt set to boost biogas prices, subsidies amid fuel supply concerns
The policy expected to debut this month would increase the offtake price of compressed biogas, or CBG, and offer financial benefits to companies for spending on new projects
 "Govt set to boost biogas prices, subsidies amid fuel supply concerns")
How India can halt capital flight as trade deficit widens, rupee falls
With the rupee nearing the psychologically important 100-per-dollar mark, RBI Guv Malhotra and PM Modi may need to raise interest rates and offer targeted tax incentives to stem capital outflows
 "How India can halt capital flight as trade deficit widens, rupee falls")
Technical team to visit Venezuela to explore energy opportunities: Puri
He said Indian oil and gas companies already have existing investments in Venezuela and are seeking new collaboration opportunities to enhance the bilateral energy partnership
 "Technical team to visit Venezuela to explore energy opportunities: Puri")
Global North must stop growing for India to catch up in prosperity: Piketty
Thomas Piketty says rich nations must curb growth and cut fossil-fuel use if countries like India are to achieve developed-world living standards by 2100
 "Global North must stop growing for India to catch up in prosperity: Piketty")
India may overtake China in share of global GDP in PPP terms by 2060
A World Inequality Lab study suggests India could surpass China in share of global GDP in PPP terms by around 2060 under a convergence scenario
 "India may overtake China in share of global GDP in PPP terms by 2060")
India likely to pursue FDI commitment under proposed CEPA with Canada
New Delhi may pursue an investment commitment under the proposed CEPA with Canada, mirroring recent trade agreements that included long-term foreign direct investment targets
 "India likely to pursue FDI commitment under proposed CEPA with Canada")