Earlier this week, the Washington-based fund lowered India's growth forecast by 0.6 percentage points to 6.8% for the year ending March 2023 -- the biggest downgrade among major economies after the US
India's economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches
The government doesn't plan to waive capital gains taxes, and it's concerned that foreign inflows will increase the volatility of local markets
India may keep its market borrowing plan for the financial year intact, with a recent uptick in revenues likely to lead to a discussion on whether the target can be reduced
PM Modi will soon decide whether to extend a food dole out that has cost India $44 billion since the pandemic, or ease the strain on government finances and food supply
With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit
Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey
He said issues such as climate change and employment are peripheral to the central bank mandate and could be better dealt with direct polices.
Demand for Indian goods and services softened, a cross-section of high-frequency indicators compiled by Bloomberg News showed
The looming shortage and rising prices now have authorities making preparations to buy from overseas
The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation
India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month
A military recruitment plan (Agnipath) in India that sparked last month's violent protests is turning the spotlight on an unemployment crisis plaguing the $3.2 trillion economy
The rupee's tumble to a succession of record lows is sparking fears of a deeper selloff and pitting the central bank against analysts and strategists who are predicting further losses
A shortfall in India's current account -- the broadest measure of trade -- will probably widen to 2.9% of gross domestic product in the fiscal year ending March 31
The upturn in recovery of Indian economy was fueled by an expansion in services activity and a robust growth in core infrastructure industries
HSBC is expecting the RBI to take repo rate to 6% by the middle of the next year, from 4.9% now
In the January-March quarter, the economy likely expanded 3.9%, according to the survey, a performance that will mark the low point of the year
India has stockpiled more than enough rice and prices have been under control
The activity backed by stronger new orders was accompanied by a bump in output prices as producers started passing on high raw material costs to consumers