Economy

Food, fuel push retail inflation to 23-month high of 5.54% in September

Retail inflation rose from 4.83% in August as food inflation climbed to 7.74%, led by a sharp rise in onion prices, while transport and services costs added to pressure

Russia to supply diesel to US, global markets: What it means for India

US President Donald Trump said Russia had agreed to immediately supply more than 300,000 tonnes of diesel to the US and global markets after a discussion with Russian President Vladimir Putin

Retail inflation rises to 5.54% in Sep as food inflation zooms to 7.74%

The latest reading marks the highest retail inflation rate recorded so far in 2026, with inflation rising every month since January, when it stood at 2.74 per cent

Robert E Hall, Michael Woodford win Nobel Prize in Economics 2026

Their research has strengthened economists' ability to understand and respond to economic shocks, including energy crises and sudden shifts in household consumption

UP Electronics Component Manufacturing Policy, 2025: Key features, eligibility and implementation

The Uttar Pradesh government notified the policy on September 4, 2025, but made eligible capital expenditure incurred from April 1, 2025 claimable under the framework

Google defends $15 billion Vizag AI hub amid water concerns, protests

A top Google executive has addressed concerns over the tech giant's $15 billion AI data centre in Visakhapatnam, which has faced massive protests from locals. Here's what he said

India needs to lift the poor, not take down the rich: Daniel Waldenström

Swedish economist Daniel Waldenström argues that education, broader asset ownership and growth-led redistribution are key to tackling inequality

Weekly policy watch: Retail inflation, WPI and forex reserves in focus

India's policy agenda this week will centre on retail and wholesale inflation data, and fresh forex reserves figures

Ayodhya Ram temple gets FSSAI's top 'Eat Right Place of Worship' rating

Food regulator FSSAI has certified Shri Ram Janmbhoomi Teerth Kshetra, Ayodhya, as 'Eat Right Place of Worship' for maintaining adequate food safety and hygiene standards.

Following RBI's weekend measures, rupee woes may ease in the near term

Global headwinds, balance of payment remain key to stability

Japan tops India's FDI chart in Q1 FY27 with $5.71 billion inflows

FDI inflows from Japan stood at $5.71 billion in the first quarter of 2026-27, surpassing the $3.74 billion India received from the country during the entire 2025-26 fiscal year

Draft steel policy eyes nearly threefold rise in capacity by 2047

Roadmap envisages major expansion in slurry pipelines with support from viability gap funding, a 39 per cent cut in emission intensity, 45 MT exports and measures to expand scrap use

India is the largest producer of milk: Why are whey protein imports rising?

Whey protein, obtained during cheese production, is used in protein supplements, powders and bars, sports drinks, and other similar products

Statsguru: The mismatch between formula-based and small savings rates

In the 43 quarters since 2016, the average small savings rate has been above the formula in 31 quarters

Need to look at cost of doing biz to up manufacturing: Amitabh Kant

Kant said that without adequate credit availability, startups in new-age sectors like geospatial will not be able to grow into large companies that can disrupt

Piyush Goyal says changed circumstances will shape final trade pact with US

India is seeking lower tariffs for its goods than its competitors in the American markets

India's mica industry seeks critical mineral tag to counter China's grip

With 60% of mica exports going to China, industry seeks critical mineral status, a 30% export duty and incentives to boost domestic value addition

CM Satheesan envisages turning entire Keralam into an integrated port city

He said the UDF government had started work on a plan to connect the state's ports and make better use of its 600-km coastline

After FCNR(B) highs, forex kitty shrinks by $51 billion in four weeks

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

RBI tightens liquidity after rate rise, raises daily CRR maintenance to 99%

The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a ₹25,000 crore bond sale on October 13 to align overnight rates with the repo rate.