BUSINESS
Wholesale inflation falls to a 14-month low of 0.39% in May
The data indicates a continued cooling of inflation after the Consumer Price Index (CPI), too, dropped to a near six-year low of 2.82% during the month
BUSINESS
India among top 5 trading partners for both Iran and Israel
In India’s case, the nature of trade has evolved significantly since 2014. While India was Iran’s second-largest trading partner after China in 2015—facilitating trade worth $15.7 billion—it slipped to sixth place by 2023
INDIA
India’s tilt toward Airbus aligns with Indigo expansion
Air India, in its current form, has maintained a more balanced fleet, having taken delivery of 122 Boeing aircraft and 114 Airbus planes between 2006 and 2025
BUSINESS
India’s trade with Iran has shrunk 87% since 2019 US sanctions; exports shift toward consumer goods
Mineral fuels, which once formed the backbone of India’s imports from Iran, accounting for over 90 percent of the total, have witnessed a near-complete collapse. Trade in this category has plummeted by 99 percent since 2019
BUSINESS
Brothers in arms: India-Israel weapon trade up 33-fold at $185 million in 10 years
Though Israel’s exports to India have declined over the years, the arms and ammunition trade between the two countries has grown to $185 million from $5.6 million in 2015
INDIA
US, Japan and China account for 40% of Boeing Dreamliners, India ranks ninth in total deliveries
India ranks ninth, having received 33 Dreamliners, or 2.8 percent of the 1,189 Boeing 787 aircraft delivered globally until June 2025.
BUSINESS
India’s retail inflation eases to a 75-month low of 2.82% in May
May marks the fourth consecutive month that inflation has remained below 4 percent
BUSINESS
Crude edible oil duty cut to bring cheer to Argentina and Russia, along with Indian consumers
As India’s reliance on crude edible oils grows, Russia and Argentina have emerged as key suppliers, displacing traditional Southeast Asian exporters.
BUSINESS
Statistics Ministry exploring 'chain-based' IIP measurement to better-track factory output
The government believes that after an exhaustive Annual Survey of Industries has been put in place, a chain-based index can better capture the changes in India's production patterns.
BUSINESS
More people in Chhattisgarh, Madhya Pradesh can use UPI than in Tamil Nadu, Kerala
84% of women can do online banking transactions using UPI compared with 79.9 percent of men, a statistics ministry survey shows
BUSINESS
World Bank retains India’s growth forecast at 6.3% for FY26
The multilateral institution was more optimistic about the coming year, as it projected the economy to grow 6.5 percent in FY26 and 6.7 percent in FY27 on the back of robust services activity leading to higher exports
BUSINESS
Government mulling faster revisions to inflation index
The most recent the Household Consumption Expenditure Survey, which provides data to calculate CPI, was conducted in 2023–24 and its findings are expected to shape the new inflation series to be released this quarter
BUSINESS
Back to the grind: Workers in Andhra Pradesh were clocking 10-hour days before pandemic too
In 2023–24, workers in Andhra Pradesh logged 47.4 hours a week against 46.5 in Tamil Nadu, 45.6 in Kerala, and 47.1 in Karnataka
BUSINESS
New CPI series to calculate electricity inflation based on total bill value; housing to exclude employer provided accommodations
The change is expected to improve the accuracy and robustness of CPI estimates, particularly in light of the increasing complexity of electricity billing structures across states
BUSINESS
Cash transfers to women may cost Bihar 2.6% of GSDP, could double under Maharashtra model
A Moneycontrol analysis shows that even under the most conservative assumptions, providing Rs 2,500 per month to women could cost the state Rs 28,326 crore annually—slightly less than Bihar’s budgeted fiscal deficit for FY26.
BUSINESS
New CPI series to track online shopping in 12 cities; weights to be finalised within two months
The new index, replacing the decade-old inflation measure, is expected to launch in Q1 FY26
BUSINESS
Centre plans AI-powered district-level business register to gauge sentiment surveys
The Statistical Business Register (SBR) will likely serve as a comprehensive database of enterprises operating at the district, state, and national levels, and will be the backbone to develop an Integrated Official Business Statistics system.
BUSINESS
Copper, gold and cotton buck the trend as US imports fall sharply in April
United States' copper imports surged 64 percent, up from $1.3 billion in March to $2.1 billion in April
BUSINESS
RBI policy a non-event for GDP but inflation forecast sees movement
The RBI’s 3.7 percent inflation forecast is in line with the median estimate from 14 economists surveyed in a Moneycontrol poll conducted ahead of the policy announcement and release of GDP numbers
BUSINESS
US trade deficit at $61.6 billion in April, drops 56% from March; down 18% with India
The trade deficit stood at $138.3 billion in the previous month
BUSINESS
Environment spending from corporates up 38% from pre-Covid period; govt expenditure rises 24%
In the two years following the pandemic, FY22 and FY23, India’s corporates spent Rs 5,347 crore compared with Rs 2,841 crore spent in the two years prior to the pandemic—FY19 and FY20
BUSINESS
Rising heatwave days push last year’s annual mean temperature to a 24-year high
The annual mean temperature climbed to 25.74°, up from 25.47° in the previous year, and were nearly a full degree higher than it was a decade ago.
BUSINESS
Natural disasters claim over 3,000 lives in India in 2024–25, highest in 11 years
Damage to homes and livelihoods escalated sharply in 2024–25, with 361,124 houses damaged due to natural disasters—up from 140,384 the previous year.
BUSINESS
Air travel between non-metro cities may fly past traffic of eight metros this year
While the eight metro cities - Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, Pune, and Ahmedabad - accounted for 58.7 percent of total domestic passenger traffic in FY19, their share declined to 51.1 percent in FY25.
