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
BUSINESS
India pushes back on IMF’s tariff assumptions, calls its growth estimates conservative
The IMF staff, in its baseline projections, assumes that the higher US tariffs, introduced in August, will persist and weigh on India’s outlook in FY26 and FY27.
BUSINESS
Economy on firm footing supported by GST reductions, says IMF
The IMF projected Indian economy to grow 6.6 percent in FY26 and 6.2 percent the following year. Inflation is expected to decline to 2.8 percent this fiscal, but pick up to 4 percent next fiscal.
BUSINESS
Rupee enters longest undervaluation stretch in seven years as real rate slips to 97.47
October marked the third straight month of undervaluation, driven by a weak NEER and unusually low inflation
BUSINESS
Tariff effect? Informal trade establishments shrink in Q2 as manufacturing and services expand
Informal trade units fell to 23.9 million in the July–September period from 25.2 million in the April–June quarter
BUSINESS
Two in five informal firms now use the internet, MoSPI survey shows
India adds nearly 3 lakh more firms over the last three months
BUSINESS
Over a quarter of regular workers exceed 48-hour workweek limit
PLFS data shows Delhi, Gujarat and Rajasthan record some of India’s longest work hours; new labour codes could bring major relief once enforced
BUSINESS
Rajasthan, Punjab rely most on informal regular work; workers set to benefit from labour-code rollout
PLFS data shows Rajasthan and Punjab have among the highest levels of informality, with over three-fourths of regular workers lacking written contracts
BUSINESS
India’s economy likely expanded 7.3% in Q2: Moneycontrol poll
On a full-year basis, economists expect GDP to grow 6.9 percent in FY26; inflation to ease to 2.1 percent
BUSINESS
India looks to overhaul GDP methodology ahead of 2026 revision
New base year, expanded datasets and double-deflation in manufacturing to reshape national accounts framework
BUSINESS
India’s shift toward formalisation was already underway as written contracts rose, paid leave benefits expanded
PLFS 2023–24 shows steady gains in written contracts and paid leave, even as social-security coverage remained uneven
BUSINESS
Securities-related UPI payments shrink for fifth straight month in October
Market-linked transactions fall 8.6% even as most consumption categories show strong festive gains
BUSINESS
India’s business activity slows to six-month low in November
Flash PMI drops below 60 for the first time since June as global uncertainties weigh on growth
BUSINESS
CAG mandates uniform accounting framework for states by FY28
Reform aims to improve fiscal comparability, streamline mineral revenue reporting and strengthen expenditure transparency
BUSINESS
Core sector output stalls in October; slips to 14-month low
Output declines across coal, natural gas and electricity pull down overall index despite strength in steel and cement
BUSINESS
UPI failures drop sharply this festive season; SBI’s glitch rate falls to one-third of last year
Most major banks register their smoothest UPI performance since 2022, with PSU lenders showing the steepest improvement
