Economy

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

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

Russia remains India's top crude oil supplier despite Trump pressure

India's crude oil purchases from Russia remain strong at 1.1 million barrels per day (bpd) in February, showed data from maritime intelligence firm Kpler

Lower FY26 nominal GDP to raise India's fiscal deficit, debt ratios

Lower nominal GDP estimates have nudged up FY26 fiscal deficit and debt ratios, implying a steeper consolidation path even as new NSO GDP data revises sectoral weights

India to continue talks for best trade deal with US, says Piyush Goyal

India is closely watching US tariff moves after the Supreme Court verdict, with Goyal saying New Delhi will continue to engage Washington to preserve balance in the newly finalised interim trade deal

New GDP series lifts FY27 growth outlook to 7-7.4%, says CEA Nageswaran

India's GDP growth for FY27 is seen at 7-7.4% under the new series, with risks tilted upward, as strong momentum, reforms and trade deals lift the outlook

Centre's fiscal deficit at 63% of full year target at Jan-end: CGA data

The Centre estimates the fiscal deficit (the gap between expenditure and revenue) during 2025-26 at 4.4 per cent of GDP, or Rs 15.58 trillion

GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA

Economy continues to maintain strong growth momentum, supported by broad-based activities, says CEA Nageswaran

India's Q3FY26 GDP growth slows to 7.8% from 8.4% in Q2 on new series

India's GDP grew 7.8% in Q3FY26 under the new series, slightly slower than earlier quarters, while full-year FY26 growth is estimated higher at 7.6% compared to 7.1% in FY25

India-US trade deal will be 'rebalanced' if situation changes: Piyush Goyal

Union Commerce Minister Piyush Goyal said that Indian trade authorities are closely tracking developments after the US Supreme Court ruling against country-specific tariffs