The Centre capped the fiscal deficit target at 4.4% of gross domestic product (GDP) in 2025-26, meeting its post-pandemic fiscal consolidation goal. While this suggests the government is committed towards…
Category: Economy
Crude price fears won’t derail economy: PM-EAC’s Neelkanth Mishra says India can grow over 8% amid West Asia tensions
India’s economic growth continues to show resilience, and concerns that rising crude oil prices could significantly disrupt the country’s growth trajectory are largely a matter of perception rather than reality,…
India’s milk output to grow 6% in FY27 despite weak monsoon risks
New Delhi: India’s milk production is expected to rise 6% to about 263 million tonnes (mt) this fiscal year (FY27) despite concerns over an emerging El Niño and forecasts of…
Hormuz crisis exposes a global flaw that will take years to fix
Iran’s closure of the Strait of Hormuz showed how a country can weaponize an economic pinch point to seismic effect. The question now is what governments decide to do about…
The move into gold by other nations has happened before. It’s bad news for US dollar
Two different eras, two similar occurrences. Fifty-five years ago, increasingly restive global central banks wanted to dump U.S. dollars for gold in a vote of no confidence in America’s policies.…
Govt is changing the way you buy cooking oil — standard pack sizes will now help shoppers compare prices
will now be sold only in a fixed set of pack sizes in India, according to a new government directive. The aim is to let customers compare the prices across…
The week in charts: deficit concerns, IIP reset, India’s wedding dreams
From India’s fiscal deficit getting off to a rocky start in April, to a revamped industrial output series pointing to possible GDP upgrades, manufacturing and services activity showing resilience, the…
Solar power curtailment raises red flags for renewable investors
New Delhi: India’s is running into an unexpected hurdle: the country is generating more solar power than its grid can handle, forcing operators to cut supply even as states sign…
India targets near fourfold jump in fisheries exports to $30 billion in 5 years
Visakhapatnam: Commerce and industry minister Piyush Goyal on Friday set an ambitious target of taking India’s exports to more than $30 billion over the next five years, from $8.45 billion…
India posts 7.7% GDP growth in FY26, lifted by strong March quarter
India’s economy grew 7.8% in the January–March quarter of FY26, decelerating from an upwardly revised 8% in the previous quarter, lifting full-year growth to 7.7%, official data released on Friday…