Page 19 - Economy

RBI's MPC keeps repo rate unchanged at 5.25%, retains neutral stance

The central bank raised its inflation forecast to 4.6 per cent and flagged risks from West Asia tensions, while projecting GDP growth at 6.9 per cent for the current financial year

India's forex reserves sufficient, not a matter of concern: RBI governor

Forex reserves ‌rose to $697.1 billion as of April 3, per the latest data, from $688.06 billion in the previous week

RBI signals liquidity range to retain overnight rates closer to policy rate

RBI maintained that the weighted ​average call rate (WACR) is its operative rate, and it aims to keep ‌it as close to the policy repo rate as possible

India set to recieve first Iranian oil cargo in 7 years, shows data

Refiners ​have purchased ‌Iranian oil amid the ‌West Asia conflict that ‌has disrupted supplies ​through ​the Strait of Hormuz

RBI sees resilience despite West Asia crisis as it keeps repo rates steady

RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp

West Asia conflict: How ongoing war casts a shadow on Pune's shop floors

The West Asia conflict exposes fragile supply chains, rattling labour, fuel access, and MSME stability across Maharashtra

Multi-pronged strategy in works to tide over West Asia war impact

This may include a ₹2.5 trillion credit guarantee scheme to help businesses

West Asia war: Indian refiners turn to Venezuela, Russia for oil supply

India has also ramped up oil purchases from alternate sources such as Nigeria and Angola

Small hydropower projects in India struggle despite policy push, potential

Despite vast untapped capacity, India's small hydropower sector faces stagnation due to high costs, policy hurdles, delays in clearances and weak financial viability, even as the government rolls out

Govt doubles 5-kg LPG cylinder supply for migrant labourers amid shortage

Move aims to ease LPG shortage for migrant workers as supply disruptions from West Asia prompt the government to prioritise domestic consumption

LPG crisis may reduce India's sugar consumption by 400K tonnes: ISMA chief

Centre rules out banning sugar exports; says no proposal to lower edible oil import duties

No plans to impose curbs on sugar exports: Food Secretary Sanjeev Chopra

India is the world's second biggest sugar producer

India, New Zealand likely to sign FTA on April 24, says official

The two countries on December 22 last year announced the conclusion of negotiations for the trade deal which aims at doubling bilateral trade to $ 5 billion in the next five years

Beyond oil shock, Iran war is quietly straining India's financial system

A new report has flagged a delayed risk cycle for India from the US-Iran conflict, as liquidity tightens and cash-flow stress builds before defaults, even as headline indicators remain stable

RBI MPC likely to hold repo rate: 5 indicators to watch out for on April 8

In its MPC decision on April 8, even if RBI holds rates, markets will track crude, rupee, yields, liquidity and intervention signals to gauge stress from oil volatility and external risks

India returns to buying Venezuelan oil to ease supply crunch amid Iran war

India is set to import the most oil from Venezuela in almost six years as over 12 million barrels head to its west coast, reflecting a strategic shift amid West Asia supply disruptions

RBI set to hold rates while confronting weak rupee amid West Asia conflict

RBI now faces a dilemma over whether to raise interest rates to support the currency or keep borrowing costs low to cushion economic growth

Relief for migrant workers as govt doubles daily limit of 5kg LPG cylinder

Decision follows reports of migrant workers returning back to their homes due to LPG shortages; authorities aim to stabilise supply and streamline distribution through state-run channels

Global corporation tax system has become complex, ineffective: Devereux

Economist Michael Devereux calls for moving beyond incremental reforms, arguing current global tax rules are complex, ineffective, and ill-suited to taxing multinationals

Datanomics: Excise duty maths likely to skew if fuel duty cuts stay

Prolonged fuel duty cuts could derail FY27 excise projections, with petroleum taxes - a key revenue pillar - facing a potential ₹1.32 trillion hit