"indian-economy"

Finance Minister Nirmala Sitharaman said India successfully managed the economic impact of the West Asia crisis through prudent resource management, strong domestic consumption and trade agreements, enabling it to remain the world's fastest-growing major economy while strengthening strategic cooperation with France

Union Minister Piyush Goyal announced that India-US bilateral trade talks have entered their final stage, securing preferential market access. Goyal also confirmed the India-UK FTA launches July 15, while the India-EU pact is tracking for a year-end rollout

Private fuel retailer Nayara Energy has cut petrol prices by ₹5 per litre and diesel by ₹3 per litre across India. The move, triggered by cooling global crude prices, has brought major relief to consumers and gig workers

An SBI Research report reveals that West Bengal’s FY27 budget marks a strategic shift toward investment-led growth and industrialization. While aiming to cut its revenue deficit, the state faces fiscal challenges from high debt and reliance on central funds

The RBI Bulletin has warned that an adverse south-west monsoon could affect India's growth and inflation outlook. While domestic economic momentum remains strong, geopolitical tensions, trade disruptions and uncertainty surrounding the global economy continue to pose significant risks

Finance Minister Nirmala Sitharaman accused Rahul Gandhi of consistently portraying India negatively and ignoring its economic progress. Highlighting growth, poverty reduction, welfare schemes and digital infrastructure, she said India remains resilient despite global challenges and continues advancing towards Viksit Bharat 2047

Prime Minister Narendra Modi, speaking in Daman, highlighted India’s strong economic foundation as GDP grew 7.7 percent in FY 2025-26, with 7.8 percent growth in the January-March quarter.

The Reserve Bank of India has dismissed reports suggesting it liquidated USD 12 billion in gold to defend forex reserves. The RBI confirmed physical gold stocks remain unchanged at 880.52 tonnes, despite severe macro pressures on the rupee

The RBI Bulletin said India’s near-term economic outlook remains clouded by supply-side pressures and risks arising from the West Asia conflict. However, domestic demand, strong services exports and policy measures are expected to help the economy withstand global uncertainties and external challenges

The Prime Minister’s appeal for austerity reflects growing concern that the Iran conflict is emerging as an economic threat capable of driving up inflation, fuel prices and household costs across India

Piyush Goyal urged Indian industry to treat global disruptions as a wake-up call for self-reliance, productivity and innovation. He emphasised reducing import dependence, accelerating EV adoption, leveraging AI, and boosting exports to strengthen India’s economy amid global uncertainty

Unless structural weaknesses are addressed, India risks remaining an economy of immense potential but limited outcomes

In New York, Sanjay Malhotra said short-term FDI outflows and exchange fluctuations are cyclical and monitored. He highlighted reforms, strong fundamentals, low inflation, robust forex reserves, and India’s growth trajectory at a financial round-table discussion

India’s poor standing in World Happiness Report 2026 reflects the ongoing challenges despite being one of the world’s fastest-growing economies

India’s GDP growth between 2012 and 2023 may have been overstated, with actual expansion closer to 4–4.5% a year than the official estimate of about 6%, says a working paper by Abhishek Anand, Josh Felman and Arvind Subramanian

Stability in benchmark lending rates, combined with a supply-side push in the recent Union Budget, is expected to complement demand traction across sectors

As Finance Minister Nirmala Sitharaman prepares to present a record ninth consecutive Budget, she faces a defining fiscal moment amid external headwinds and internal challenges

Maintaining financial stability and strengthening financial system remain RBI north star, says Malhotra in his foreword in the latest edition of RBI Financial Stability Report

Ambedkar’s century-old work reminds us that a stable rupee is earned over time through credible institutions, clear policy, and structural reforms

New Delhi’s ability to seize this geopolitical window will depend less on foreign goodwill and more on its own domestic capacity