India Economy

Revenue channels: RBI's surplus transfer will not ease fiscal pressure

The crisis in West Asia and the resultant surge in prices of crude oil have significantly complicated the overall Budget arithmetic

Weekly economy wrap: Fuel price hikes, rupee slide add to CAD pressure

From fuel hikes to a record RBI dividend, the week ending May 24 showed how global oil, imports, heatwaves and policy buffers are shaping India's macro outlook

Weekly policy watch: Core sector, bank credit, forex data in focus

India's macro calendar will be led by core sector, PMI, bank credit, deposit, and forex reserves data, while PM Modi's Europe visit will keep trade ties in focus

Weekly economy wrap: Gold duty hike, fuel shock test India's economy

India moved to conserve foreign exchange, contain prices and secure energy supplies as the West Asia crisis tested external accounts and growth forecasts

Fuel price hike may push inflation to 5% in FY27, lift bond yields further

India's ₹3 fuel price hike could raise CPI inflation, pressure the rupee, widen the fiscal deficit and force a more hawkish RBI stance amid elevated crude oil prices

Need to measure, formalise creative economy: Mospi secy Saurabh Garg

Mospi Secretary Saurabh Garg says India's creative economy needs dedicated measurement, stronger legal frameworks and formalisation to unlock growth and integrate informal talent into the IP ecosystem

Weekly economy wrap: PMIs rebound, Cabinet push sharpens growth focus

Strong services activity, a manufacturing recovery and Cabinet approvals across rail, cotton, semiconductors and shipping shaped a week of growth signals and policy moves

West Asia conflict, oil shock push India into 'reverse Goldilocks' position

The rupee has breached 95 against the dollar and is amongst the weakest currencies in Asia

India most resilient emerging mkt, better placed to manage shocks: Moody's

India has been the most resilient large emerging market economy since 2020, and its sizeable forex reserves have helped check currency volatility and reinforce confidence during global shocks, Moody's Ratings said on Tuesday. In a report on emerging market, Moody's said India is well placed to manage future shocks because monetary policy frameworks are clear and predictable, inflation expectations are well anchored, and exchange rates can adjust when needed. Stating that India is "better placed" among emerging market sovereigns to manage future global shock, Moody's said the country would also enter any future periods of stress with strong and accessible buffers. "India's reliance on domestic funding is balanced by deep local markets and sizeable reserves ... Nevertheless, India's relatively high debt burden and weak fiscal balance limit the amount of space available to respond to successive shocks," Moody's added. It said India had made key policy choices that support stability we

EAC-PM calls for mapping economic vulnerabilities in food, other areas

India must map and monitor key economic vulnerabilities, particularly in areas such as energy, food, fertilisers, metals, and critical minerals, and proactively address both supply disruptions and price volatility to mitigate the impact of future West Asia-like crisis, a top government official said on Monday. Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev in an interview with PTI further said the ongoing West Asia conflict highlights the need for a forward-looking approach to risk management. "India must map and monitor key economic vulnerabilities, particularly in areas such as energy, food, fertilisers, metals and critical minerals, and proactively address both supply disruptions and price volatility," Dev said. He said this calls for a substantial strengthening of physical buffers, including an expansion of strategic petroleum reserves and the creation of stockpiles for essential commodities, going beyond the conventional reliance on foreign ...

Weekly economy wrap: GST hits record, FDI rules ease, credit slows

Economy wrap April 27-May 3: India's economy showed mixed signals this week as GST collections hit a record, credit growth slowed and policy moves spanned FDI, trade, energy and statistical reforms

El Niño 2026: Why India's rural economy may weather the storm better this time

IMD flags a 31 per cent probability of "below normal" monsoon and a 35 per cent chance of rainfall below 90 per cent of LPA-risks for agriculture, heatwaves, and demand

NSO moots a new Index of Service Production with 2024-25 as base year

NSO proposes GST-based Index of Service Production to track high-frequency trends in services sector, addressing gaps in short-term economic indicators

Weekly economy wrap: West Asia shock tests India, demand holds firm

Economy wrap April 20-26: From RBI caution to export resilience and trade tensions, the week showed an economy navigating global risks while leaning on domestic demand

West Asia crisis: Supply woes could trigger demand shock, says RBI Bulletin

War, weak monsoon raise upside risks to inflation

Bernstein flags jobs, AI, and subsidy risks in open letter to PM Modi

The brokerage says India's growth story could under-deliver without faster reforms as AI threatens services jobs, subsidies rise and manufacturing struggles to absorb labour

India coal output declines in FY26; March sees first drop in over a decade

India's coal output growth turned negative for the first time since Covid, with March production contracting amid supply shortfalls, inventory drawdowns and weaker pricing

West Asia conflict prompted MPC status quo, flag external sector risks

RBI holds rates amid West Asia risks, as MPC flags inflation, supply shocks, and external pressures while maintaining a cautious growth outlook

The West Asia Challenge: Govt must revisit its macroeconomic assumptions

West Asia tensions threaten India's fiscal balance, growth outlook, and external stability, forcing a rethink of macroeconomic assumptions

Weekly economy wrap: Inflation uptick, monsoon fears weigh on outlook

Economy wrap April 13-19: Rising fuel-led inflation, job market stress and West Asia risks cloud near-term outlook even as government attempts to sustain growth momentum