Economy - general

RBI cuts repo rate by 25 bps to 6.25% as economy slows
07 Feb 2025
Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.

Budget 2025-26 GST set for review, customs duty structure simplified
03 Feb 2025
Finance minister Nirmala Sitaraman has offered to further simplify and rationalise the Goods and Services Tax (GST) structure and expand it to the remaining sectors so as to multiply its benefits.

India’s economy seen re-entering the fast lane
31 Jan 2025
India's economic growth, in terms of real gross domestic product (ie GDP at constant prices), is estimated at 6.4 per cent in FY25 (as per first advance estimates of national income), which is equal to an average

India planning deep-water manned missions of up to 6,000 metres: Jitendra Singh
23 Jan 2025
India has developed a submersible vehicle that can carry out manned underwater missions up to 500 metres down the oceans and is set to carry out the first such mission

Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch
13 Jan 2025
India’s steady economic growth, an improved banking sector, and anticipated interest rate cuts in 2025 are set to enhance credit access for corporates in the financial year 2025-26

India's industrial production growth hit a 5-month high of 5.2% in November
10 Jan 2025
India's industrial production, based on the Index of Industrial Production (IIP), rose to a six-month high of 5.2 per cent in November 2024, against 3.5 per cent in October

India’s FY25 GDP growth projected at 6.4%
08 Jan 2025
India’s Gross Domestic Product (GDP) in real terms, or at constant prices, is estimated to grow 6.4 per cent to reach Rs184.88 lakh crore in the financial year 2024-25

GST revenues up 7.3% year-on-year at Rs1.77 lakh crore in December
02 Jan 2025
Revenue collected by way of Goods and Services Tax (GST) in India increased 7.3 per cent year-on-year to Rs1.77 lakh crore in December 2024

Core sector industrial production in India up 4.3% in November
01 Jan 2025
Core sector industrial production in India, based on the combined index of eight core industries, increased by 4.3 per cent in November 2024 compared to November 2023
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India’s wholesale price inflation slows to 1.89% in November
17 Dec 2024
The annual rate of inflation based on the all-India Wholesale Price Index (WPI) declined to 1.89 per cent in November 2024 from 2.36 per cent in October

RBI keeps repo rate steady, cuts cash reserve ratio to 4%
06 Dec 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (6 December 2024) decided to keep the policy repo rate

Inflation may force RBI to hold interest rate, focus on liquidity Economists
By Venkatachari Jagannathan | 05 Dec 2024
The Reserve Bank of India’s (RBI) six member Monetary Policy Committee (MPC) is expected to hold the repo rate (the rate at which it lends to banks) at 6.5%, said top economists.
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India’s core sector production up 3.1% in October
30 Nov 2024
Core sector industrial production in India grew 3.1 per cent in October 2024 against the 2 per cent growth in September helped by higher production of coal

India's economic growth slows to 5.4 per cent in Q2 FY25
30 Nov 2024
India's real economy grew at slower than expected pace of 5.4 per cent in the second quarter of the current financial year, the slowest in the previous seven quarters

India's consumer price inflation at a 14-month high of 6.2% in October
13 Nov 2024
India’s consumer price inflation rose to a 14-month high of 6.2 per cent in October on the back of a surge in food prices, provisional figures released by the National Statistics Office (NSO) showed.

Govt has no unbridled power to take over private resources: Supreme Court
05 Nov 2024
The Supreme Court has overturned a 1978 verdict and ruled that the power of the central government under Article 39(b) to take over ownership and control of private property for public purposes is limited.

India’s core sector production up 2% in September
30 Oct 2024
India’s core sector industrial production increased by 2 per cent in September 2024, a bit higher compared to the 1.8 per cent growth in September 2023.

Consumer price inflation in India at a 9-month high of 5.49% in September
16 Oct 2024
Consumer price inflation based on the All India Consumer Price Index (Base 2012=100) hit a nine-month high of 5.49 per cent in September 2024.

India’s wholesale price inflation up at 1.84% in September
15 Oct 2024
The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 1.84 per cent in September 2024, up from 1.31 per cent in August.

India’s industrial production declines 0.01% in August
12 Oct 2024
Industrial production in India, based on the Index of Industrial Production (IIP), registered a negative growth of (-) 0.1 per cent in August 2024

India’s forex reserves surge $12.58 bn to $704.89 bn in a week
05 Oct 2024
India’s forex reserves surge $12.58 bn to $704.89 bn in week ended 27 September

India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data
05 Oct 2024
India’s external debt increased by $13.3 billion and stood at $682.3 billion as of end-June 2024 against $589 billion at end-March

India’s core sector industrial production declines in August
30 Sep 2024
Core sector industrial production in India decreased by 1.8 per cent year-on-year in August as production in a majority of the eight core industries, except for steel and fertilizers, showed a declining trend.

India’s consumer price inflation hovers around 5-year lows at 3.65%
13 Sep 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), stood at 3.65 per cent in August 2024, up slightly from the 5-year low of 3.60 per cent hit in the previous month

India to host global alliance of cooperatives
10 Sep 2024
India will be hosting the General Assembly and the Global Cooperative Conference of the International Cooperative Alliance (ICA) from 25 to 30 November.
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Hariman Sharma lets apple travel to India’s warmer climes
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The cost of neglecting water transport
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As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)

The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.

Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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