New Delhi: India’s economy is likely to grow 5.9% in 2026, lower than the 6.5% estimated earlier this month, according to Goldman Sachs as it downgraded global growth forecasts to…
Category: Economy
Summer crop acreage dips—rice, maize down, pulses gain
New Delhi: India’s summer crop sowing is slightly below thee year ago level, with lower acreage under rice and maize offsetting the gains in pulses, agriculture and farmers welfare ministry…
India sets up seven empowered groups to tackle West Asia war squeeze
New Delhi: Prime Minister Narendra Modi has said that the Centre has constituted seven empowered groups of officials and experts to assess the impact of the war in West Asia…
Delhi Budget Live: CM Rekha Gupta presents ₹1,03,700 cr budget for FY 26-27 – key highlights here
Chief Minister Rekha Gupta-led Delhi government on Tuesday presented a budget estimate of 1,03,700 crore for 2026-27. This year’s budget allocation is higher than last year which was ₹1 lakh…
Ghost GDP or unexpected jobs: Making sense of what lies in the AI-led future
A viral note from a small research firm, Citrini Research, rattled the US information technology (IT) stocks when it warned that artificial intelligence (AI) could lead to “ghost GDP”. The…
Oil jumps 4% as Iran denies US talks, tensions flare again
International oil prices traded around 4% higher on Tuesday morning after a fall in the previous session, as Iran denied talks with the US government to end the ongoing war…
India mulls rules to make oil firms fortify LPG buffer as war chokes supply
New Delhi: India is considering making it mandatory for oil marketing companies (OMCs) to hold minimum kitchen gas reserves to double the buffer, as the world’s second-largest importer of the…
Govt restores full tax refund benefits to support exporters
The government on Monday restored the full benefits of the tax refund scheme for exporters facing business disruption from the war in West Asia and tariffs. The Director General of…
India in talks with global partners for safe passage for vessels carrying essential commodities via Strait of Hormuz: PM
Prime Minister Narendra Modi on Monday said New Delhi is in talks with global partners to secure safe passage for all India-bound vessels carrying essential commodities, while comparing the geopolitical…
RBI steps back on forex intervention as war bites
Mumbai: After having aggressively defended the rupee earlier this month, the Reserve Bank of India (RBI) is now easing back from intervention as the escalating West Asia conflict roils global…