BUSINESS
India could double exports to Russia to $10 billion, Moneycontrol analysis shows
Under-penetrated product categories, from smartphones to chemicals and agri-goods, offer at least $5 billion in additional export headroom.
BUSINESS
RBI raises growth forecast, keeping with trend, delivers rare December rate cut
Central bank lifts FY26 GDP outlook to 7.3% and trims inflation estimate as December once again brings revisions
BUSINESS
More air defence systems, more missiles: How India’s defence trade with Russia has quietly shifted
Despite a sharp fall in Russia’s share of India’s total arms imports, New Delhi’s reliance on Moscow for high-value missile and air-defence platforms has deepened
BUSINESS
Fitch sees limited downside for rupee, expects rebound to 87 by 2026
Ratings agency says currency remains undervalued; stronger growth and low inflation to support medium-term recovery
BUSINESS
Fitch lifts India FY26 growth forecast to 7.4%
Ratings agency says private consumption will drive expansion, supported by income gains and GST reforms
BUSINESS
Rupee’s slide to have only marginal impact on inflation; govt could better fiscal deficit target in FY26: PwC’s Banerjee
PwC’s Ranen Banerjee says India’s evolving import mix limits pass-through even as the currency briefly breaches 90 per dollar
BUSINESS
India loses top manufacturing spot as PMI falls to nine-month low
Thailand edges ahead as India’s factory activity cools sharply; global manufacturing shows mixed but improving signals
BUSINESS
Services activity picks up, rises to 59.8 in November
The sector remains resilient even as manufacturing softens and broader growth indicators point to a slower second half
BUSINESS
OECD sees India maintaining growth momentum in FY26; GST to help push growth
On the inflation front, OECD noted that retail inflation may eventually converge towards the 4% target
BUSINESS
India’s exports to US fall, but niche products from smartphones to golf balls show surprising gains
Electronics, speciality chemicals and machinery components offset part of the decline even as labour-intensive sectors struggle
BUSINESS
India to benchmark performance against 26 global indices under new GIRG framework
The government aims to identify methodological gaps, address data discrepancies and improve India’s standing in international rankings
BUSINESS
Consumption resilient, manufacturing slows in first two months of Q3FY26
There was good news on the UPI front, with transactions staying above 20 billion for a second straight month
BUSINESS
Q2 GDP surprise prompts economists to raise FY26 growth to above 7%
A stronger-than-expected 8.2% Q2 print has led forecasters to sharply upgrade growth projections for the full year
BUSINESS
Industrial production slows to 14-month low of 0.4% in October
The increase in industrial production contrasts with the performance of core industries, where growth fell to a 14-month low of 0 percent
BUSINESS
GST collections slow to a 12-month low of Rs 1.7 lakh crore in November
The growth rate in GST revenue at 0.7 percent was the slowest since the pandemic, provisional data showed
BUSINESS
UPI volumes remain above 20 billion in November, growth at a 3-month high
The pace of expansion stayed strong in November, with UPI transaction volumes rising 32.2% YoY, a three-month high, and value 22.1%
BUSINESS
US tariffs weigh as manufacturing slows to a 9-month low of 56.6 in November
Despite the moderation, the index remains firmly in expansion territory and above its long-run average
BUSINESS
Fiscal deficit at 52.6% of FY26 target in April-October
Capital spending remained on track with the government having spent 55.1 percent of the full year target of Rs 11.2 lakh crore compared with 42 percent for April-October 2024.
BUSINESS
What pushed India’s growth to 8.2%? Five charts explain India’s Q2 GDP
Manufacturing GVA grew 9.1 percent in Q2FY26, up sharply from 2.2 percent in the same quarter a year earlier and 7.7 percent in Q1FY26.
BUSINESS
India’s economy grows at a six-quarter high of 8.2% in Q2
The reading was higher than Moneycontrol poll of economists, which projected 7.3 percent growth.
BUSINESS
India’s magnet self-reliance push comes amid a deepening China dependence
India’s magnet mission faces a growing supply-chain gap as dependence on China deepens across finished magnets and the machines that produce them
BUSINESS
India to reach $5 trillion economy a year later than earlier expected, IMF data show
IMF’s latest projections show weaker dollar-denominated growth pushing India’s $5 trillion milestone to FY29
BUSINESS
Crawl-like, conservative, reforms, tariffs: Here are six key takeaways from IMF report
Indian authorities disagreed with IMF's baseline scenario that US tariffs would remain indefinitely
BUSINESS
IMF Board welcomes India’s labour reforms, says faster structural changes key to Viksit Bharat goal
Executive Directors commended India’s “very strong economic performance and resilience,” noting that growth has remained robust despite global uncertainty
