India’s wholesale inflation rose to 3.88% in March — the highest in more than three years — breaking a six-month run of subdued readings through December 2025, as higher prices…
Category: Economy
IMF revises India’s FY27 GDP growth a notch up to 6.5%
The International Monetary Fund (IMF) on Tuesday revised India’s 2026-27 economic growth forecast upwards by a notch to 6.5%, from its January estimate, as the benefits of a reduction in…
PNG vs LPG: What are the differences? Which is more affordable and offers uninterrupted supply? FAQs answered
Liquified petroleum gas (LPG) or piped natural gas (PNG), with the West Asia war impact fuel supplies across the globe, a decision to shift more towards the latter in order…
West Asia war: India FY26 growth to see limited hit, but oil price pass-through looms
NEW DELHI: The government sees limited impact of the West Asia war on India’s FY26 growth, but a prolonged disruption could force some pass-through of elevated global oil prices into…
Mint Explainer: Why govt wants stricter gold hallmarking and what will change for buyers
The government is moving to close loopholes in its gold hallmarking system, introducing mandatory item-level tracking to end the fraudulent practice of reusing unique identification codes across multiple pieces of…
Oil prices ease amid hopes of diplomatic resolution between US, Iran
Global oil prices fell nearly 2% on Tuesday morning, even as a US naval blockade of Iranian ports and the Strait of Hormuz began taking effect — a sign that…
India’s retail inflation rises to 3.4% in March
India’s retail inflation climbed to 3.4% in March due to a rise in prices of food and beverages, along with surging energy prices fuelled by the West Asia war, according…
How did MSMEs weather global crises from covid to war shocks?
India’s nearly 80 million micro, small and medium enterprises (MSMEs)—employing over 328.2 million people and contributing 31.1% to gross domestic product (GDP), 35.4% to manufacturing output, and 48.58% to exports—have…
Rainfall below normal? How accurate are predictions by Skymet, IMD?
The El Niño phenomenon could result in one of the driest monsoons in India in at least eight years. Private forecaster Skymet has predicted: the rainfall is likely to be…
India unveils new security standards for its digital payments system to drive global adoption
NEW DELHI: India is moving to position its QR (Quick Response) code-based payment system on the global stage. The Bureau of Indian Standards (BIS) has introduced fresh norms covering biometric…