ECONOMY NEWS

RBI should access US Fed facility to stabilise rupee: ex-DG PatraSubscriber Only

Under the Foreign and International Monetary Authorities (FIMA) Repo Facility, central banks such as the RBI can place their holdings of US Treasuries with the Fed for one or seven days and get dollars in return.

LPG price hiked to balance consumer interest, oil cos’ finances; no plan to raise petrol, diesel prices: Govt sources

Domestic LPG price was hiked by Rs 60 per 14.2-kg cylinder on Saturday to Rs 913 in Delhi, with corresponding changes in other parts of the country

‘Essential partner’: US gives India one-month waiver to buy Russia oil

India had, in recent months, cut down significantly on its oil imports from Russia amid trade negotiations with the US, as Washington made it a pre-requisite for scrapping its 25% additional penal tariff on New Delhi.

India key driver of global growth: Shaktikanta Das

While global economic order is shifting under the weight of volatility, the Indian economy presents a picture of resilience and stability, he said.

US import duties on Indian solar panels may hit domestic OEMsSubscriber Only

Experts caution that if export volumes are redirected to the domestic market, pricing pressures could further intensify

New debt-GDP fiscal anchor will likely open space for higher capexSubscriber Only

Policy makers in the government are of the view that this change, which is in line with global practice, will lend the government more space to enhance its development spending. Further, they see the pace of fiscal consolidation to be more gradual.

World looking at us as $30 trillion economy, trusted partner: Piyush GoyalSubscriber Only

'In this deal, how much was geopolitics a factor since the EU probably felt being pushed to a corner because of what had happened with the US. And India too, given how things unfolded for it.'

Economic Survey 2025-26: ‘Economic sobriety’ while ‘running the sprint and marathon together’Subscriber Only

Economic Survey reflects the core challenge facing India in a changing global order.

UPI-like AI, credit-based fellowship for kids, caution for IT: Economic Survey on AISubscriber Only

Despite being late to the AI race, the Survey notes that India enters the AI era with formidable strengths that make a bottom-up approach viable.

Economic Survey flags drying up of FDI/FII flow, Re stabilitySubscriber Only

Economic Survey estimates GDP to grow 6.8-7.2 per cent in 2026-27

After recovery optimism, early Q3 results point to headwindsSubscriber Only

Index bellwethers, Reliance Industries and ICICI Bank have also posted lower-than-expected earnings numbers.

Fitch Ratings: ‘Indian earnings likely to improve in FY27, but US tariff cloud remains’Subscriber Only

Higher revenues and improved earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins are expected to offset the high capital expenditure of the companies covered by Fitch Ratings, its analysts said in a note.

India seeks easier access to EU steel scrap to soften carbon tax impactSubscriber Only

The Government has plans to ramp up steel production using steel scrap with the arc furnace technology under the “green steel initiative”.

GDP growth in FY26 expected at 7.4% despite US tariff troubles, show First Advanced EstimatesSubscriber Only

Union Budget will be based on this data, though the First Advanced Estimates will undergo revisions through the year.

Continued focus on macro fundamentals, reforms to enable economy to maintain high growth: RBI’s State of The Economy articleSubscriber Only

Though the Indian economy is not fully immune to the external sector headwinds, coordinated fiscal, monetary and regulatory policies have helped build resilience over the years, it said.

Repo rate cut 25 bp to 5.25%; ‘rare Goldilocks period’, says RBI GovernorSubscriber Only

Buoyed by stronger-than-expected economic momentum and a steady cooling in inflation, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously cut the repo rate by 25 basis points (bps) to 5.25 per cent, a move that is likely to bring down lending and deposit rates across the banking system. The reduction — […]

Mop-up at Rs 1.70 lakh crore: Gross GST collections flat in Nov; taxable value of supplies up by 15% in Sept-OctSubscriber Only

Overall, GST collections, after refunds and excluding cess, stood at Rs 1.52 lakh crore in November as against Rs 1.50 lakh crore, up 1.3 per cent from last year. Including cess, net GST mop-up was Rs 1.56 lakh crore in November, down 4.2 per cent from last year.

Centre to bring new levies on tobacco, pan masala as GST compensation cess set to lapseSubscriber Only

Bills to amend excise duty, introduce 'Health Security se National Security Cess'.

After stellar Q2 GDP data, CEA says FY26 growth could be ‘north of 7%’Subscriber Only

With Q2 growth also exceeding expectations by a wide margin — the RBI had predicted a growth rate of 7 per cent for July-September — the central bank could raise its projection again next week after the Monetary Policy Committee’s (MPC) meeting.

Macroeconomic data suggests there is scope for repo rate cut: RBI GovernorSubscriber Only

His statement comes days ahead of the MPC’s upcoming meeting scheduled from December 3 to 5.

Amid US tariff hit, Cabinet clears 6-year Rs 25,000 crore export missionSubscriber Only

Steep 50 per cent US tariffs came into effect on August 27. After the China-US trade deal, tariffs on India are the highest globally.

Govt panel working on new SEZ norms for exporters to access domestic marketSubscriber Only

This comes after multiple units in the SEZs, particularly those which entirely cater to the US market, have written to the Commerce Ministry seeking that they be de-notified due to sudden tariff pressure that has left exports uncompetitive in the US market.

MoSPI Secretary Saurabh Garg: First-ever household income survey to be toughest; awareness and anonymity keySubscriber Only

Pre-survey test finds most households say details ‘sensitive’, 95% felt ‘uncomfortable’ sharing information on income, tax paid

GST cuts passed on, spurred consumption, may show in GDP: GovtSubscriber Only

54 items being closely monitored, says Sitharaman, ‘not in one has tax benefit not been passed on’ to consumers

World Bank cuts India’s FY27 GDP forecast to 6.3%, sees reform ‘urgency’Subscriber Only

50% US tariff expected to weigh on growth next year…manufacturing to export could create the millions of jobs India needs: Bank South Asia Chief Economist

👁 Indianexpress

👁 Indianexpress

👁 Indianexpress