India’s retail sector recorded its highest-ever festive season turnover between Navratri and Diwali, with goods sales reaching about ₹5.40 lakh crore and services adding ₹65,000 crore, according to a nationwide survey by the Confederation of All India Traders (CAIT). Growth Over Last Year This

The Indian rupee rose by 26 paise to settle at ₹87.82 per U.S. dollar on Thursday, marking its strongest level in nearly a month. The rebound came after a period of weakness that saw the currency slip past the ₹88 mark earlier this month. Intraday trend The rupee opened at ₹87.90 and traded between a […]

Reserve Bank of India Governor Sanjay Malhotra has downplayed fears over newly imposed U.S. tariffs, saying they are “not a matter of huge concern.” He asserted that India’s economy, driven largely by domestic factors, is well positioned to absorb external shocks. Strong fundamentals underpin confidence Speaking at the IMF-World Bank meetings in Washington, Malhotra said

Reserve Bank of India Governor Sanjay Malhotra said on October 3, 2025, that India is well positioned to handle external pressures amid rising global uncertainties. He was speaking at the Economic Conclave in New Delhi, where he underlined the country’s resilience. Strong Fundamentals as a Buffer Malhotra highlighted India’s healthy foreign exchange reserves, low inflation

Union Finance Minister Nirmala Sitharaman on October 3, 2025, said that despite the 50 % U.S. tariffs on Indian goods, the Indian economy remains strong enough to absorb external shocks. She was speaking at the Kautilya Economic Conclave in New Delhi. Domestic Anchors Against Global Risks Sitharaman stressed that India’s strength lies in domestic consumption […]

At the World Food India summit held from September 25 to 28 in New Delhi, 26 domestic and global firms committed to invest ₹1.02 lakh crore in India’s food processing sector. The agreements cover multiple segments, including dairy, packaged foods, ready-to-eat products, edible oils, meat, poultry, and beverages. Job Creation And Economic Boost The government […]

Prime Minister Narendra Modi, speaking at the inauguration of the UP International Trade Show in Greater Noida, said that as India’s economy becomes stronger, the tax burden on citizens will reduce further. He attributed this to ongoing reforms in the Goods and Services Tax (GST) system and structural changes in taxation. What Tax Relief Includes […]

India’s merchandise trade deficit eased in August 2025 to US$ 26.49 billion, showing an improvement compared to US$ 27.35 billion in July. The narrowing gap came despite both exports and imports recording a decline, highlighting the slowdown in global trade activity as well as domestic demand pressures. Exports & Imports Decline Exports in August fell […]

The Indian rupee dropped to a record low of around ₹88.44 per U.S. dollar on September 11, 2025, extending losses under pressure from U.S. tariffs on Indian goods. Tariff Concerns Fueling The Drop Investors are uneasy over Washington’s newly imposed tariffs, which have raised concerns about India’s export competitiveness and trade balance. These tariff actions […]

Global credit ratings agency Fitch Ratings has upgraded India’s economic growth forecast for fiscal year 2025–26 to 6.9%, raising it from the earlier estimate of 6.5%. Q1 Performance The revision follows a stronger-than-expected performance in the April–June quarter, when India’s real GDP grew 7.8% year-on-year, compared to 7.4% in the previous quarter. Fitch had earlier