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Budget Express 2026

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Ishaan Gera

Associate Editor

Moneycontrol

Unemployment falls to eight-month low of 4.7% in November

BUSINESS

Unemployment falls to eight-month low of 4.7% in November

Rural job gains and rising female participation drive broad-based improvement in labour market conditions

Census cost likely to jump to Rs 82 per head as India gears up for first fully digital headcount

BUSINESS

Census cost likely to jump to Rs 82 per head as India gears up for first fully digital headcount

Per-capita cost to rise 40 percent from 2011 levels as government clears Rs 11,718 crore census with caste enumeration and mobile-based data collection.

Wholesale inflation narrows to –0.32% in November as deflationary pressures ease

BUSINESS

Wholesale inflation narrows to –0.32% in November as deflationary pressures ease

Food prices remain the biggest drag, but stabilising vegetables and firmer non-food articles soften the pace of wholesale deflation

Inflation stays below 1% in November: Five charts explain not everything is turning cheaper

BUSINESS

Inflation stays below 1% in November: Five charts explain not everything is turning cheaper

Items such as jewellery, edible oils, coffee and certain household appliances have seen faster price increases compared with the broader basket.

Retail inflation rises to 0.7% in November, but price pressures remain subdued

BUSINESS

Retail inflation rises to 0.7% in November, but price pressures remain subdued

With food prices easing and GST cuts filtering through, headline inflation averages just 1.8% till November

Swachh Bharat Mission-Grameen faces stagnating allocations even as Phase II targets remain unfinished

BUSINESS

Swachh Bharat Mission-Grameen faces stagnating allocations even as Phase II targets remain unfinished

The northeastern region remains the weakest block

How Mexico's steep 50% tariffs will impact Indian exporters

BUSINESS

How Mexico's steep 50% tariffs will impact Indian exporters

New duties threaten India’s fastest-growing auto export market, yet strongholds in aluminium, tiles and tractors could soften the blow

MGNREGA returns to pre-pandemic normal, but new state-level shifts are emerging

BUSINESS

MGNREGA returns to pre-pandemic normal, but new state-level shifts are emerging

Spending and demand have cooled, yet widening differences in state delivery and 100-day completions reveal a changing rural labour landscape

December Rush: Why IndiGo’s cancellations are a disaster for India’s aviation sector

BUSINESS

December Rush: Why IndiGo’s cancellations are a disaster for India’s aviation sector

Air travel was set to hit its annual peak just as IndiGo, the carrier of two-thirds of domestic passengers, cancelled more than 5,000 flights

Government to track e-commerce, social media adoption among informal enterprises starting 2026

BUSINESS

Government to track e-commerce, social media adoption among informal enterprises starting 2026

New survey beginning January 2026 will measure e-commerce use, social-media presence, UPI payments and digital accounting across India’s unincorporated sector

Can IndiGo hire 900 pilots? Numbers show airline has never hired on such scale

BUSINESS

Can IndiGo hire 900 pilots? Numbers show airline has never hired on such scale

The airline plans to induct nearly 900 pilots may inflate wage costs and would be a challenge amid shrinking licence pipeline strain

Indian children spend more time on culture and media than in 2019; study time is shrinking

BUSINESS

Indian children spend more time on culture and media than in 2019; study time is shrinking

Children are spending fewer minutes specifically on mass media, but participation has broadened dramatically.

Jal Jeevan Mission spending slows, and so does state-level coverage

BUSINESS

Jal Jeevan Mission spending slows, and so does state-level coverage

Utilisation rates have plunged, complicating Budget 2026 planning even as several states lag far behind national tap-water targets.

ADB raises India’s FY26 growth forecast to 7.2%

INDIA

ADB raises India’s FY26 growth forecast to 7.2%

Manila-headquartered lender lifts outlook on stronger consumption; inflation projection cut to 2.6%.

Trump’s dumping charge puts fresh heat on India’s rice exports facing super high US tariffs

INDIA

Trump’s dumping charge puts fresh heat on India’s rice exports facing super high US tariffs

Despite a doubling of US rice imports, India’s market share remains stuck near 26% even as Thailand dominates and China quietly expands its footprint

Govt's cess spending soars post-pandemic, tops 100% in FY23, FY25

BUSINESS

Govt's cess spending soars post-pandemic, tops 100% in FY23, FY25

From using barely half of the collected cesses five years ago, the Centre now routinely draws down past balances to fund capex and welfare schemes

Indigo has added cockpit crew at slowest pace among major carriers post-pandemic

BUSINESS

Indigo has added cockpit crew at slowest pace among major carriers post-pandemic

Tata group airlines doubled pilot strength post-pandemic, while Indigo’s growth lagged despite aggressive capacity expansion

India could double exports to Russia to $10 billion, Moneycontrol analysis shows

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.

RBI raises growth forecast, keeping with trend, delivers rare December rate cut

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

More air defence systems, more missiles: How India’s defence trade with Russia has quietly shifted

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

Fitch sees limited downside for rupee, expects rebound to 87 by 2026

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

Fitch lifts India FY26 growth forecast to 7.4%

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

Rupee’s slide to have only marginal impact on inflation; govt could better fiscal deficit target in FY26: PwC’s Banerjee

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

India loses top manufacturing spot as PMI falls to nine-month low

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

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