India’s retail inflation likely rose to 3.4% in March, but only marginally up from 3.2% in February, according to a median forecast of 16 economists in a Mint poll. The…
Category: Economy
India navigating global uncertainties like a ‘Chakravyuh’: Shaktikanta Das
India’s recent growth trajectory shows its capacity to navigate uncertainties like a “Chakravyuh”, where the key challenge lies not in entering a crisis but in exiting it in a calibrated…
India to remain among fastest-growing economies in FY27 despite the West Asia war: World Bank
India is expected to remain among the world’s fastest-growing major economies in 2026-27 despite headwinds from the West Asia war, supported by strong macroeconomic fundamentals, said Aurelien Kruse, lead economist…
To raise or not to raise interest rates? ‘Several’ Fed policymakers are divided on rate hikes, March minutes show
Officials at the Federal Reserve wrestled with starkly different scenarios for the US economy after the war between the US and Iran, as well as the policy reactions that may…
Mint Explainer | Why India’s indigenously developed fast breeder reactor achieving criticality is significant
NEW DELHI: India took a major step towards nuclear fuel self-reliance when its indigenously developed Prototype Fast Breeder Reactor (PFBR) in Tamil Nadu attained criticality on 6 April. This is…
RBI shuns hawkish signal, keeps rates unchanged amid war shock
India’s rate-setting panel kept the policy rate unchanged and Reserve Bank of India governor Sanjay Malhotra indicated that benchmark rates could remain low for an extended period despite the global…
India’s growth may slow to 6.6% in FY27 due to West Asia war: World Bank
New Delhi: India’s economy faces a substantial hit from energy shocks and trade disruptions caused by the West Asia conflict. The Indian economy is likely to grow at 6.6% in…
Jet fuel crisis to last months even after Iran-US ceasefire, IATA warns
Global jet fuel markets are unlikely to stabilise quickly despite a tentative reopening of the Strait of Hormuz, with the head of the International Air Transport Association warning that supply…
RBI agrees to ‘demand from some quarters,’ unveils first-ever core inflation projection at 4.4% for FY27
The Reserve Bank of India (RBI) on Wednesday announced its projections for core inflation—the rise in prices after stripping out the impact of food and energy price changes—with governor Sanjay…
India needs to keep constant vigil on external developments, says RBI governor
India needs to keep a constant vigil on ongoing geopolitical developments, even as its external sector indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotra said on Wednesday.…