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Budget Express 2026

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Ishaan Gera

Associate Editor

Moneycontrol

EU could absorb bulk of India’s US-bound exports if trade deal comes through

BUSINESS

EU could absorb bulk of India’s US-bound exports if trade deal comes through

Diamonds, seafood and machinery parts among the biggest opportunities, but carpets and pricing pose challenges

Anti-corruption unrest threatens Nepal’s nascent economic recovery

BUSINESS

Anti-corruption unrest threatens Nepal’s nascent economic recovery

Growth and inflation stabilised, but heavy reliance on remittances, sluggish tourism growth, and rising debt expose vulnerabilities

Fitch lifts India’s FY26 growth forecast to 6.9% on strong demand

BUSINESS

Fitch lifts India’s FY26 growth forecast to 6.9% on strong demand

Ratings agency sees growth buoyed by consumption and investment, but warns momentum may taper in H2.

Higher or Lower: Could India end up with more than 143 crore people?

INDIA

Higher or Lower: Could India end up with more than 143 crore people?

Past trends suggest India may overshoot official projections despite recent fertility declines

Heavy rains threaten kharif gains despite higher sowing

BUSINESS

Heavy rains threaten kharif gains despite higher sowing

Food grain coverage has improved, but excess rainfall risks damaging standing crops in key producing states.

GST relief comes as defence imports tilt towards missiles, artillery

BUSINESS

GST relief comes as defence imports tilt towards missiles, artillery

Missiles’ share of India’s defence imports has tripled to 21% in the last decade, while artillery is up tenfold

GST cut on bidis unlikely to sway Bihar voters, analysis shows

BUSINESS

GST cut on bidis unlikely to sway Bihar voters, analysis shows

Per capita use is just one-eighth of the countrywide level, suggesting limited impact of GST cut

India–Singapore ties deepen with FDI surge, trade review put on fast-track

BUSINESS

India–Singapore ties deepen with FDI surge, trade review put on fast-track

Singapore is now India’s largest foreign investor, with over $175 billion in inflows since FY14, even as trade deficit widens

GST2.0 reforms support local manufacturers; less than 7% of imports expected to get cheaper

BUSINESS

GST2.0 reforms support local manufacturers; less than 7% of imports expected to get cheaper

Cuts in photovoltaic cells, auto parts, and industrial inputs signal focus on domestic value-add, not cheaper foreign goods

Can India hit 7 percent again in the September quarter?

BUSINESS

Can India hit 7 percent again in the September quarter?

Capex and low base offer support, but tariffs and slowing momentum weigh on outlook

GST cuts will impact nearly 14% of inflation basket, essential and household goods to benefit the most

BUSINESS

GST cuts will impact nearly 14% of inflation basket, essential and household goods to benefit the most

Inflation in these items rose to a nine-month high of 3.6 percent in July from 3.3 percent in June

Employment in unorganised sector declines, number of 'working owners' rises in Q1

BUSINESS

Employment in unorganised sector declines, number of 'working owners' rises in Q1

Between January–March and April–June, the number of enterprises rose from 78.5 million to 79.4 million and employment fell from 131.3 million to 128.6 million, the first Quarterly Bulletin of Unincorporated Sector Enterprises has said

China and Russia can absorb $20-billion Indian exports at risk from US tariffs, but gaps remain

BUSINESS

China and Russia can absorb $20-billion Indian exports at risk from US tariffs, but gaps remain

China offers a broader consumer market for seafood, apparel and household goods, while Russia’s role is limited to niche categories

Services activity hits 15-year high in August, composite PMI signals strong Q2 momentum

BUSINESS

Services activity hits 15-year high in August, composite PMI signals strong Q2 momentum

India’s services PMI rose to 65.6, while manufacturing grew at its fastest pace in 18 years high, pointing to sustained growth despite global headwinds

What tariffs? PMI data shows manufacturing rising across Asia

BUSINESS

What tariffs? PMI data shows manufacturing rising across Asia

India’s momentum was supported by resilient domestic demand and improved pricing power. Elsewhere in Asia, China’s PMI returned to expansion at 50.5, up from 49.5 in July; Malaysia touched a 15-month high, Thailand reached a 13-month high, and Indonesia hit a five-month peak

Economic momentum continues in August

BUSINESS

Economic momentum continues in August

Manufacturing PMI reaches a near 18-year high, UPI transactions retain double-digit growth, but GST collections taper in August

GST growth slows to Rs 1.86 lakh crore in August, but collections remain above Rs 1.8 lakh crore

BUSINESS

GST growth slows to Rs 1.86 lakh crore in August, but collections remain above Rs 1.8 lakh crore

The collections were lower than the Rs 1.96 lakh crore garnered in July, but remained above the Rs 1.8 lakh crore mark for the eighth consecutive month

India’s exports to China shift towards food and farm products

BUSINESS

India’s exports to China shift towards food and farm products

Animal, vegetable and food shipments now account for over a fifth of exports

Manufacturing activity rises to a near 18 year high of 59.3 in August

BUSINESS

Manufacturing activity rises to a near 18 year high of 59.3 in August

The performance of manufacturing sector is in line with the first quarter performance when the sector grew 7.7 percent compared with 7.6 percent in Q1FY25.

How did India post stellar GDP growth in Q1FY26: Explained in six charts

BUSINESS

How did India post stellar GDP growth in Q1FY26: Explained in six charts

The services sector proved to be the backbone of the recovery, expanding 9.3 percent in Q1FY26, a two-year high

Fiscal deficit higher at 29.9% of FY26 target during first four months of the year

BUSINESS

Fiscal deficit higher at 29.9% of FY26 target during first four months of the year

The rise in fiscal deficit follows an increase in capital spending since the start of the year by the central government.

India’s GDP growth surges to five quarter high of 7.8 percent in Q1FY26, beating estimates

BUSINESS

India’s GDP growth surges to five quarter high of 7.8 percent in Q1FY26, beating estimates

Services sector posts two-year high; consumption and rural demand provide support

Employment in formal manufacturing more concentrated in fewer states

BUSINESS

Employment in formal manufacturing more concentrated in fewer states

South and North together account for nearly two-thirds of jobs; Uttar Pradesh gains, Kerala and Uttarakhand slip

Industrial output remains subdued as July IIP records 3.5% growth, helped by manufacturing

BUSINESS

Industrial output remains subdued as July IIP records 3.5% growth, helped by manufacturing

The uptick was in contrast with the performance of the eight core industries, which together carry a 40 percent weight in the Index of Industrial Production (IIP)

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