Page 4 - Indian Economy

India free to buy oil from sources it deems beneficial, says Russia

Kremlin affirms India's freedom to choose energy suppliers after Putin visit; US and Ukraine negotiate potential peace deal that could lift oil sanctions

Telangana: Young, hungry & restless in the bold chase for global capital

India's youngest state courts big money with speed, sweeteners, and swagger, positioning itself as South India's challenger in the bold chase for global capital

Petroleum exports to US surge in Oct as labour intensive sectors bear brunt

Even as gems, jewellery, garments slump under tariff pressure, energy and telecom exports offset broader decline to the US

Exim Matters: India-Russia targets are big, but businesses are cautious

While bilateral targets are ambitious, exporters wary of payment, logistics risks; deeper ties with West still drive business pragmatism

CBAM changes trade rules: India needs carbon pricing, not exemptions

CBAM to penalise polluting exporters; India should push for deep EU trade pact and simpler carbon tax over complex cap-and-trade

India's economy outdoes expectations but rupee strain raises fresh risks

The headline inflation reading for October, at 0.25 per cent, was the lowest in the current series. The MPC has revised the inflation projection for the current year to 2 per cent

India's economy expected to grow at least 7% in FY26: FM Sitharaman

Chief Economic Adviser Anantha Nageswaran upgraded his forecast late last month to at least 7 per cent after data showed an expansion of more than 8 per cent in the three months through September

Responsive regulations for resilience

Regulations are never cast in stone, evolution is essential

Importers rush to hedge while exporters wait on sidelines amid rupee dip

The domestic currency touched a fresh low of 90.41 against the dollar on Thursday but gained back its intraday losses to close at 89.98

Nominal GDP growth slowdown raises concerns despite strong real growth

Despite strong real growth, slowing nominal GDP and a sharply weaker deflator raise fiscal concerns, challenging Budget assumptions for FY26

India's FY26 growth forecast likely to be revised upwards: Harald Finger

Finger talks about the task ahead for the 16th Finance Commission, impact of artificial intelligence (AI), and more

Fitch lifts FY26 growth forecast to 7.4% on stronger consumer demand

Fitch raises India's FY26 growth forecast to 7.4%, citing strong consumer demand and GST-driven sentiment, while expecting slower growth ahead, limited rupee fall and one more RBI rate cut

Fitch ups India's FY26 GDP growth forecast to 7.4% on GST reforms

Fitch Ratings on Thursday raised India's GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms. It said falling inflation gives the Reserve Bank of India (RBI) room for one more policy rate cut in December to 5.25 per cent, following 100 bp of cuts in 2025 so far. Fitch said GDP growth accelerated further in the July-September quarter to 8.2 per cent, from 7.8 per cent in the April-June quarter. "Growth will ease over the remainder of the financial year 2025-26 (to end-March), but we have raised our full-year growth forecast to 7.4 per cent, from 6.9 per cent in September," Fitch said in its Global Economic Outlook report for December. Private consumer spending is the main driver of growth this year, supported by strong real income dynamics, increased consumer sentiment, and the impact of recently implemented goods and services tax (GST) reforms. Effective September 22, GST on abo

Terrain changed, need to up our game to court FDI: CEA Nageswaran

Government reviewing FDI policies as net inflows stay muted; manufacturing push and policy reforms key to attracting investment

Stop blaming Nehru: Real question is why India didn't change course after him

While his policies were flawed, successors deepened socialist model and failed to reform; India's delayed catch-up a collective failure

Sanctions, logistics issues take a toll on India's exports to Russia

Oil imports drive surge; engineering exports dip as sanctions, logistics, and market access hamper outbound growth

OECD retains India FY26 growth outlook at 6.7% amid US tariff risks

OECD has kept India's FY26 growth forecast unchanged at 6.7% and FY27 at 6.2%, citing easing monetary policy and public capex, while warning that higher US tariffs could hit exports

India in a 'sweet spot', GDP growthto be over 7% in FY26: Ficci President

India is "in a sweet spot" to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on the back of strong macro fundamentals and ongoing reforms, new FICCI President Anant Goenka said on Tuesday. Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time. To make sure that happens, the chamber has outlined priorities such as increasing R&D spending from 0.7 per cent to over one per cent of GDP; strengthening industry-academia partnerships, supporting the government's efforts to further promote ease of doing business, trade and supply chain security, and enhancing manufacturing excellence which includes focus on quality, women in the workforce, and adopting sustainable practices. "I think GDP should be 7 plus kind of level (during 2025-26). After all the changes that have happened with respect to the income ...

IIP growth slips to 14-month low of 0.4% in October as output weakens

India's industrial output slowed sharply to 0.4 per cent in October-the weakest in 14 months-hit by fewer working days, a decline in electricity generation

Govt seeks Parliament nod for ₹41k crore additional spending in FY26

First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs