Tag: Indian Economy

Iran Conflict May Impact Indian Producers Prior to Consumers Due to Oil Price Surge

Business
The Iranian conflict is likely to affect Indian producers before consumers, as rising oil prices are contributing to higher wholesale prices, according to Ran Li, Senior Economist at the World Bank. Li stated that the primary...

Why Gold Prices in India Differ from Global Spot: Rupee, Duties, and What’s Next

Finance
On September 4, 2026, international spot gold traded at $4,422 per troy ounce. The IBJA benchmark for 999 gold in India that same morning was ₹1,53,730 per 10 grams. A jeweller's board in Delhi quoted ₹1,56,810...
28.8 C
Mumbai

India Positioned To Become Key Global Rice Supplier Amid Declining Production

Agriculture and Farmers
India is poised to reinforce its role as a major rice supplier, as the global rice production is projected to decline by 9 per...

Jairam Ramesh Questions Government on Rising Inflation Rates

Business
On September 28, 2026, Congress Member of Parliament Jairam Ramesh raised concerns regarding the government's handling of inflation as official reports showed India's retail...

Centre Reduces Customs Duty on Crude and Refined Edible Oils

Business
The Central Government has announced a reduction in the basic customs duty on various edible oils, which takes effect from September 24. This decision...

India’s Growth Story Has a Casteist Footnote Nobody Reads

Politics
India tells itself a comforting story – that caste was a village issue, a feudal remnant, a dying way of life, a thing that...

India Demonstrates Strongest Growth Outlook, 74 Per Cent Economists Anticipate Significant Economic Expansion

Business
The World Economic Forum's recent survey indicates that India has the most optimistic growth outlook among all regions examined. According to the September 2026...

Jairam Ramesh Criticises Government For Rising Prices Of Essential Commodities

Politics
Jairam Ramesh, Congress General Secretary in-charge of Communications and a Member of Parliament, has called attention to the escalating prices of essential food items....

India’s Trade Deficit Narrows to $9.41 Billion in August as Exports Surge

Business
India's trade deficit has decreased to $9.41 billion in August 2026, down from $11.62 billion in the same month of the previous year. This...

Nikhil Kamath Discusses Opportunities for Enhancing India’s Tourism Sector

Business
Nikhil Kamath has raised questions regarding the potential of India's tourism sector, highlighting that the country boasts 45 UNESCO World Heritage sites and a...

RBI Expected To Raise Rates By 25 Basis Points In October And December

Finance
The Reserve Bank of India (RBI) is anticipated to implement two separate 25-basis-point rate hikes during its Monetary Policy Committee (MPC) meetings in October...

IMF Acknowledges India’s Resilience Amid Energy Price Shock with 7.8% GDP Growth

Business
The International Monetary Fund (IMF) announced on Thursday that India's Gross Domestic Product (GDP) growth reached 7.8 per cent, driven by robust activity in...

Neelkanth Mishra Defends India’s Robust GDP Performance Amid Criticism

Finance
The recent Gross Domestic Product (GDP) figures for India have instigated discussions regarding the robustness of the nation's economic growth. Neelkanth Mishra, the Executive...

Japan Credit Rating Agency Upgrades India’s Sovereign Rating

Business
The recent upgrade of India's sovereign rating by the Japan Credit Rating Agency (JCRA) has been described as a "magical moment" for the country...
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