India is projected to rank as the world’s sixth-largest economy in nominal dollar terms in the IMF’s latest outlook, slipping behind the United Kingdom after previously moving ahead of it. The change appears to be driven more by statistical revisions and currency movement than by any sharp
GST Collections Hit 10-Month High In March India’s gross GST collections rose to Rs 2 lakh crore in March, marking a 10-month high and showing continued strength in tax revenues at the close of FY26. The latest figures reflect an 8.8% increase from the year-ago period and a clear rebound from February, when collections had […]
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
The rupee fell 20 paise to 93.73 against the US dollar in early trade on Tuesday, reflecting continued pressure on the Indian currency from higher crude oil prices, persistent foreign fund outflows and a firm American dollar. The decline came after the rupee had already touched record low levels in recent sessions as the West […]
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]
Retail inflation of India dropped to 2.75 percent in January following the rollout of the revised Consumer Price Index series using the new 2024 base year. CPI Inflation New Base Year 2024 Series The updated inflation calculation reflects changes in consumption patterns and weighting of goods and services in the index basket. The statistics office […]
Finance Minister Nirmala Sitharaman responded to concerns about capital outflows from India, stating investment trends cannot be viewed narrowly through the growth of Artificial Intelligence (AI) sectors. She said broader economic fundamentals continue to attract investment across industries. Nirmala Sitharaman On Investment Outflow Claims The minister rejected suggestions
India’s foreign exchange reserves rose to a new record high of $709.41 billion in the week ending January 23, according to data released by the Reserve Bank of India. The reserves increased by around $8 billion compared to the previous week. Key Factors Behind the Increase The rise in reserves was driven mainly by an […]
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026–27 on February 1. According to officials familiar with the plan, the Finance Minister will use Part B of the Budget speech to outline India’s broader economic direction, marking a departure from past practice. Breaking From Past Convention Traditionally, Part A of the Budget […]
The Indian rupee has logged its worst monthly performance in three years, weakening sharply against the US dollar during January. Persistent pressure from foreign fund outflows and strong dollar demand pushed the currency close to record lows. RBI Steps In to Defend Key Level The rupee slipped near the ₹92 per dollar mark during the […]















