The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this weakening. The Reserve Bank of India is expected to intervene to stabilize the currency. This … Read More
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India’s strong core can extend goldilocks ride: RBI's Sanjay Malhotra
RBI Governor Sanjay Malhotra stated that India’s economy is healthy and robust, with broad-based growth and increased investment. He anticipates interest rates will remain stable or decrease due to benign inflation. While acknowledging global uncertainties, Malhotra expressed confidence in the … Read More
India a picture of stability in turmoil; to shape global growth in next decade: Shaktikanta Das
India is poised to lead global growth in the next decade. Former RBI governor Shaktikanta Das highlights India’s macroeconomic stability and inflation control as key drivers. The nation is experiencing sustained high GDP expansion, contributing significantly to global real GDP … Read More
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Analysts predict prices could reach $100 or more, especially if the Strait of Hormuz, through which over 20% of global oil passes, is closed. Tanker owners and oil majors have suspended shipments via the vital waterway.
Upward revision FY27 GDP growth outlook raised to 7-7.4%: CEA Nageswaran
India’s economy shows strong growth momentum. GDP grew 7.8% in the third quarter of fiscal year 2026. This figure surpassed expectations. The nation has updated its economic data with a new base year. Experts anticipate continued resilience and robust performance … Read More
What changes in India’s new GDP series with 2022-23 as base year?
India’s Statistics Ministry has released a new GDP series. The base year is now 2022-23, replacing the older 2011-12. This update uses new data sources to better reflect the current economy. The ministry will also release back series data soon. … Read More