Economy

RBI recognises FEDAI as self-regulatory organisation for authorised dealers

The Reserve Bank of India has recognised FEDAI as a self-regulatory organisation for authorised dealers, giving it a year to align governance and operations with the Omnibus SRO framework

World Bank boosts outlook as global economy shows 'notable' resilience

Real gross domestic product is now projected to rise by 2.6 per cent in 2026, up from a June forecast of 2.4 per cent, the Washington-based lender said in a report Tuesday

India's state finances face headwinds in FY26, says CareEdge report

The report suggests that growth in aggregate revenue receipts slowed to 7.2 per cent year-on-year during April-November 2025

Strong domestic growth will attract foreign investments: RBI Governor

The six-member Reserve Bank of India's Monetary Policy Committee had revised its growth forecast for the current financial year to 7.3 per cent in December from 6.8 per cent in October

RBI gets bids three times notified amount at buy-sell swap auction

At the auction, the central bank received 348 bids worth $29.94 billion and accepted 42 bids, with the cut-off premium set at 728 paise

CPI inflation 2011-12 series: End of an era as new base begins next month

CPI-food inflation peaked at 16.12 per cent in April 2018, while the lowest reading was recorded in April 2019

Record domestic coal output helps India save nearly $8 bn in imports

Capex crosses target by 44%

Budget 2026-27: Govt likely to amend law to speed up debt recovery

The Centre may amend the RDB Act in the FY27 Budget to earmark DRTs for high-value cases, speed up recoveries and reduce pendency clogged by low-ticket litigation

India's GDP to grow by 7.5% in FY26 with upside bias, says SBI report

India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from NSO's estimate of 7.4 per cent, according to a report by State Bank of India. The First Advance Estimates released by National Statistics Office (NSO) on Wednesday put GDP growth in 2025-26 at 7.4 per cent as compared to 6.5 per cent in the previous fiscal. The RBI has projected the growth rate at 7.3 per cent. The gross value added (GVA) growth is estimated at 7.3 per cent and nominal GDP expansion at 8 per cent. Historically, the difference between Reserve Bank's estimate and NSO's estimate is 20-30 basis points and hence the 7.4 per cent estimate is quite expected and reasonable, said the research report from SBI's Economic Research Department. "We, however, believe that GDP growth for FY26 would be around 7.5 per cent with upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on February 27, 2026. "So, all these

Iran crisis deepens as protests spread to over 100 cities; thousands held

Protests over Iran's worsening economy have spread to more than 100 cities, leaving dozens dead and over 2,000 arrested as inflation surges and the rial hits record lows

Fiscal deficit target in reach despite lower nominal GDP growth estimate

The Budget estimates for this year had assumed a nominal GDP growth of 10.1 per cent

RBI to consolidate more circulars across departments to cut compliance cost

After consolidating over 9,000 Department of Regulation circulars into 244 master directions, RBI said it will take up similar exercises across other departments to ease compliance

India's state-wise investment gap has deeper roots than just poverty

India's uneven state investment reflects differences in public spending and governance, not just income levels, with higher public capex and project completion linked to stronger private investment

We are still the world's most over regulated economy: Gurcharan Das

At BELF 2025 in Kolkata, author Gurcharan Das said India remains heavily over-regulated, called the 'tariff king' tag an insult, and urged the moment be used to push reforms

IMF hasn't questioned GDP growth figures, says FM Nirmala Sitharaman

India got a 'C' grade only for its national accounts data because the base year used is still 2011 to 2012

US HIRE Act a greater concern than H-1B visa fee hike: Raghuram Rajan

The US HIRE Act aims to boost job creation in the US by discouraging companies from outsourcing work to other countries

GST net revenues inch up 0.6% in October; refunds jump nearly 40%

Muted domestic mop-up reflects rate-cut impact, festive deferment; import GST boost cushions growth

RBI board meets in Udaipur, reviews economic, geopolitical developments

The Reserve Bank's central board on Friday held a meeting in Udaipur and reviewed global and domestic developments. "The Board assessed the emerging global and domestic economic landscape, including the evolving geopolitical and financial market developments and associated challenges," an official statement from the central bank said. It "assessed" the activities of Deposit Insurance and Credit Guarantee Corporation (DICGC), the statement, which comes amid announcements on steps to increase the coverage amount under the scheme, said. Select Central Office Departments' working, including the Consumer Education and Protection Department, was also reviewed by the board, it added. This was the 619th meeting of the central board of directors of the RBI, it said, adding that Governor Sanjay Malhotra chaired the meeting. Deputy Governors T Rabi Sankar, Swaminathan J, Poonam Gupta and S C Murmu, and other directors, including financial services secretary M Nagaraju, economic affairs secre

Trump tariffs may cost firms $1.2 trn, consumers to bear burden: S&P Global

S&P Global report states that two-thirds of the total additional cost will be passed on to the consumers via higher prices, while one-third ($315 billion) is absorbed internally through lower earnings

Echoes of 2007 grow louder as risky debt, buyouts raise concerns

There are some key differences between now and 2007. Banks are more heavily regulated and have larger equity cushions. Consumers haven't borrowed as much this time around