Page 2 - Himanshi Bhardwaj

West Asia war cloud over India's economic 'sweet spot' as oil prices rise

Rising crude prices and trade disruptions from the West Asia war are prompting economists to trim India's growth forecasts, threatening the economy's recent "sweet spot"

Retail inflation rose to 3.2% in Feb on higher food, precious metal prices

India's retail inflation rose to an 11-month high of 3.21% in February as food prices and precious metals gained

Iran war: Fiscal pressures on govt may mount next FY, say experts

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

Crisil projects 7.1% growth for India in FY27, flags West Asia crisis

Crisil projects India's economy to grow 7.1 per cent in FY27 on consumption and investment, but warns West Asia tensions and trade frictions pose downside risks

Centrally funded infrastructure projects log 16.4% cost jump in January

Centrally funded infrastructure projects reported a 16.4% cost jump in January, with revised estimates climbing to ₹39.2 trillion across 1,702 projects, even as overruns eased sequentially

States spent only 51.8% of capex budget till January, shows data

States spent only 51.8 per cent of their combined FY26 capital expenditure budget during April-January, trailing the Centre's capex pace, according to CAG data

Enhancing maturity of accounts of local bodies to get priority: CAG

CAG Sanjay Murthy says improving local body accounts and standardising how states report fiscal transfers is essential as Finance Commission grants expand and accountability demands grow

India's IIP growth eases to a three-month low of 4.8% in January

India's industrial output growth slowed to 4.8% in January, a three-month low, as manufacturing, mining and electricity softened, though several segments continued to post healthy gains

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

What shifts beyond the base under India's new GDP series overhaul

A key pillar of the new series is the improved measurement of the household and informal sectors that account for a significant share of output and employment

A beginner's guide to GDP estimates ahead of the release of new series

What is GDP, how is it calculated, and why do estimates matter? A simple guide to GDP, GSDP, nominal vs real growth and India's new base year

Labour-intensive manufacturing key to developed economy: EAC-PM Chairman

EAC-PM chief Mahendra Dev says India must raise investment, expand labour-intensive manufacturing, upgrade health and education and deepen state-level reforms to reach developed-economy status by 2047

Old WPI, new GDP base year series: Economists split on the impact

Staggered price-index rebasing sparks debate over deflators and data consistency

India's core sector eases to 4% in Jan; steel, cement remain bright spots

India's core sector growth eased to 4% in January, with most industries slowing except steel and cement, while analysts say the trends reflect strong construction and infrastructure activity

Mospi secy seeks federated global AI infra with consumers as co-creators

Mospi Secretary Saurabh Garg urges a trusted, federated global AI infrastructure that gives citizens agency as co-creators, backed by shared resources and the proposed MAITRI platform

India's new GDP series likely to see overhaul of inflation metrics

India's revised GDP series will introduce major changes in inflation adjustment for consumption, investment and trade, shifting toward granular deflators and global SNA standards to reduce volatility

New GDP series may introduce more categories to track consumption basket

Panel report released by the National Statistics Office signals shift to more granular expenditure tracking

States' fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

Ind-Ra expects states' fiscal deficit to widen to 3% of GDP in FY27 due to higher revenue spending, with SASCI-linked borrowing potentially lifting it to 3.5% of GDP

CAG bets on AI, cyber audits and sovereign LLM to enhance public scrutiny

CAG officials said the institution has adopted a formal AI strategy framework making the Supreme Audit Institution (SAI) of India one of the few globally with a published AI roadmap

India's unemployment rate hit three-month high of 5% in January

India's unemployment rate climbed to 5% in January, a three-month high, as rural seasonal factors and post-harvest slack pushed joblessness up, even as labour force participation softened