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Congress accused the Centre of burdening citizens with rising fuel prices while failing to pass on benefits of low crude oil costs. It claimed taxes remain high, import dependence has increased, and inflation is worsening transportation and essential commodity prices
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Jan Suraaj founder Prashant Kishor said the popularity of the Cockroach Janta Party reflects growing public frustration over unemployment, corruption and inflation. He warned that the campaign’s rapid online support signals rising anxiety and declining trust in the system
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Punjab Congress and AAP leaders have criticised the BJP-led Centre after a third fuel price hike in nine days, pushing petrol and diesel rates up by nearly ₹5 per litre. They warned the increase would fuel inflation and burden ordinary citizens
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Targeting Prime Minister Narendra Modi, Baby accused him of acknowledging the "return of massive poverty" during engagements abroad, while failing to address the issue domestically
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Rahul Gandhi accused Prime Minister Narendra Modi of compromising India’s interests to protect industrialist Gautam Adani and alleged US pressure over the Adani case. Speaking in Raebareli, Gandhi also criticised rising inflation, fuel prices, and unemployment
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Mallikarjun Kharge criticised Prime Minister Narendra Modi and the BJP-led Centre over the recent fuel price hike, alleging the government delayed increasing petrol and diesel rates until after elections to avoid electoral damage while worsening inflation and burdening the poor
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Gold and silver prices plunged up to 4% on the MCX Friday, driven by a stronger US dollar and expectations of prolonged high interest rates. While precious metals weakened due to rising US inflation, crude oil prices climbed over 1%.
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Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions
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The Indian rupee ended 4 paise higher at 94.84 against the US dollar, supported by softer crude prices, though pressures from rising oil, FII outflows, and global uncertainties capped gains. Markets remain cautious amid US-Iran tensions and inflation concerns
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Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising crude oil prices, a stronger US dollar, and expectations of prolonged higher interest rates impacting global bullion markets
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Bangladesh PM adviser Rashed Al Mahmud Titumir warned IMF loan conditions may slow growth and worsen inflation. Experts at a Dhaka seminar cautioned that rigid reforms, rising debt, and weak institutions could push Bangladesh toward economic and middle-income traps
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Narendra Modi–led Union Cabinet approved a 2% Dearness Allowance hike for central government employees and pensioners, benefiting over 1 crore people. The decision comes amid broader demands for major pay revision under the proposed 8th Pay Commission
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The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment
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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
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Finance Minister Nirmala Sitharaman said the recent rise in global crude oil prices is unlikely to significantly impact India’s inflation for now, as consumer inflation remains near the lower bound of the RBI’s tolerance band amid government and monetary policy measures.
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Protests over Iran’s worsening economy spread to rural provinces, leaving at least seven dead among security forces and demonstrators. Violence occurred in Lorestan, Chaharmahal and Bakhtiari, and Isfahan provinces, amid rising inflation, currency depreciation, and public anger at the theocracy
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Samajwadi Party president Akhilesh Yadav accused the BJP government of promoting monopolies under a “one nation, one businessman” agenda, warning it could lead to profiteering, inflation, exploitation of workers, and marginalisation of farmers and minority communities
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Prime Minister Narendra Modi emphasised India’s strong economic performance with 8.2 per cent GDP growth in Q2, positioning the country as a global growth driver. He underscored India’s role as a bridge-builder in a fragmented world and a pillar of trust amid global challenges.
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The RBI’s latest policy decisions signal confidence in India’s strong economic outlook, with GDP growth for FY26 revised to 7.3 per cent. SBI Chairman CS Setty said the rate cut, neutral stance, and liquidity steps will support momentum while ensuring price stability
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Chief Economic Advisor V Anantha Nageswaran said the government is unconcerned about the rupee’s fall, noting it has not affected inflation or exports. Analysts say the currency may stabilise once the India-US trade deal is finalised