Economy National
India’s gross GST collections rose sharply in June, touching ₹1.95 lakh crore and recording the fastest annual growth in 13 months. The increase was largely driven by a strong rise in tax collections from imports. India GST Collections Rise In June Gross Goods and Services Tax collections grew 13.9% year-on-year to ₹1,94,812 crore in June […]
Economy National
Gold demand in India has fallen sharply after the recent import duty hike, with buyers staying cautious despite a correction in prices. Industry estimates suggest many households are choosing to sell old jewellery instead of making fresh purchases. India Gold Demand Drops After Duty Hike Gold demand in the Indian market has dropped by more […]
Economy National
India’s economy is expected to grow between 6.6% and 6.8% in FY27, supported by resilient domestic demand, easing global energy prices and improving supply conditions, according to EY Economy Watch. The outlook suggests India could remain among the faster-growing major economies despite external risks. India GDP Growth Forecast FY27 EY has projected India’s real GDP […]
Economy National
RBI Governor Sanjay Malhotra has said it is premature to discuss interest rate hikes, stressing that the central bank will continue to assess incoming economic data before taking any policy decision. RBI Rate Hike Fears Ease Malhotra said the Reserve Bank of India’s neutral policy stance should not be seen as preparation for rate hikes. […]
Economy National
India-focused equity funds have seen $8.5 billion in outflows so far in 2026, reversing a major part of the foreign money that had entered Indian markets after 2023. The withdrawals come as global investors increase exposure to U.S. equities. India Equity Fund Outflows Rise In 2026 India-focused funds have recorded $8.5 billion in foreign outflows […]
Economy National
The Indian rupee is expected to remain under pressure as volatile crude oil prices, foreign equity outflows and importer dollar demand continue to weigh on market sentiment. Traders expect the currency to open around 95.10-95.15 against the U.S. dollar after closing at 94.99 in the previous session. Indian Rupee Under Pressure The rupee has remained […]
Economy National
The Indian rupee weakened in early trade on Tuesday as fading hopes of a Middle East peace deal, rising crude oil prices and stronger dollar demand weighed on the currency. The rupee slipped 17 paise to 95.43 against the U.S. dollar after closing at 95.26 in the previous session. Rupee Falls As Dollar Demand Rises […]