State Capex Growth to Slow to 8-10% in FY27: Report
A Careedge Ratings report forecasts a slowdown in state capital expenditure growth to 8-10% in FY27, citing tighter fiscal space and rising revenue commitments.
Category : Economy
Decline in Indian Working Hours Post-Pandemic, PLFS Data Shows
Indian workers are putting in fewer hours weekly in 2025 compared to pre-Covid levels, with self-employed individuals seeing the steepest drop. Experts link this to lower aggregate demand and a skewed economic recovery.
India's GDP Ranking Slip: Innovation Wake-Up Call
India's recent setback in global GDP rankings highlights the critical need to boost innovation to reclaim a Top 5 position and achieve developed nation status amid global volatility.
Gold Price Volatility on US-Iran War, Inflation Data This Week
Gold prices are forecast to remain volatile due to uncertainty over the US-Iran conflict and upcoming inflation data, with technical analysis indicating key support and resistance levels.
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Gold & Silver Outlook: Middle East Conflict Drives Volatility
Gold and silver prices face uncertainty amid escalating Middle East tensions and key economic data. Analysts watch inflation readings, US policy shifts, and muted Akshaya Tritiya demand as markets enter a critical phase.
Kolkata's Akshaya Tritiya Gold Sales Hit by Election Norms Confusion
Akshaya Tritiya in Kolkata saw muted gold sales due to confusion over election commission norms on cash and old gold. Jewellers expect a Monday rebound as the auspicious period extends.
Gold Prices Up 60% But Akshaya Tritiya Sales Adapt
Despite gold rates hitting Rs 1.53 lakh plus GST, Akshaya Tritiya saw strong sales with jewellers reporting 25-30% growth. Consumers shift to lightweight jewellery, gold schemes, and alternative purchases like ACs and mangoes.
Gujarat Gold Sales Hit 100kg on Akshay Tritiya Amid High Prices
On Akshay Tritiya, Gujarat witnessed gold sales of approximately 100kg, with high prices leading consumers to opt for coins, bars, and lightweight jewelry. Ahmedabad accounted for 30-40kg of sales.
India Approves FDI Framework for Nuclear Power Sector
India's Atomic Energy Commission has approved a new foreign direct investment policy to attract up to Rs 20 lakh crore for nuclear power expansion, aiming for 100 gigawatts capacity by 2047.
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Goa Employment Study to Address National Data Shortfalls
The Goa government is commissioning a comprehensive state-level employment study to assess jobs, self-employment, and enterprise activity across all districts and talukas, aiming to correct perceived gaps in national datasets that show high unemployment r
Govt Assures 100% Gas Supply as LPG Demand Falls 13% in March
The Ministry of Petroleum and Natural Gas confirms no fuel shortage in India, with stable supplies of LPG, petrol, diesel, PNG and CNG. Over 5.35 million cylinders delivered daily as refineries operate at high capacity.
Pakistan to Repay $1.5B UAE Loan by April 23, IMF Funds Expected
Pakistan plans to repay the remaining $1.5 billion of a $3.5 billion UAE loan by April 23, ahead of an anticipated $1.2 billion IMF disbursement. The move follows recent financial support from Saudi Arabia and ongoing efforts to stabilize foreign reserves
India Assures Fuel Supply Amid Global Tensions, Monitors Safety
The government reassures citizens of normal fuel and LPG supply despite Middle East tensions, while monitoring maritime safety and noting shifts in energy consumption patterns.
Govt May Hike FDI Limit in Pension, Bill in Monsoon Session
The government is reportedly planning to increase the foreign direct investment limit in the pension sector, with a Bill likely to be introduced in the upcoming Monsoon Session of Parliament.
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India Growth Steady at 6.8-7.1% Amid Middle East Crisis
SBI Research projects India's GDP growth at 6.8% to 7.1% in FY27, citing strong domestic fundamentals and resilience against global oil shocks from the Middle East conflict. The report highlights inflation at 4.5% and fiscal deficit concerns.
Akshaya Tritiya Gold, Silver Trade to Cross Rs 20,000 Crore
India's gold and silver markets are set for a bumper Akshaya Tritiya, with trade value projected to exceed Rs 20,000 crore despite soaring prices, as consumers shift towards lightweight jewellery and alternative investments.
India's LPG Use Drops 13% in March Due to Middle East Conflict
India's cooking gas consumption fell sharply in March, with LPG usage declining 13% year-on-year due to supply disruptions from the Middle East conflict. Household supply was prioritized, while commercial usage was severely impacted.
2026 GDP Rankings: US Leads, India Climbs as World's Largest Economies
Based on IMF projections for 2026, the United States maintains its position as the world's largest economy, while India rises in the global GDP rankings. Explore the key drivers behind the top six economies.
Punjab Wheat Procurement Reaches 84% as Lifting Lags
Government wheat procurement in Punjab surged to over 84% of total arrivals by Saturday evening, but lifting remains slow at only 4.5% of procured grain, raising logistical concerns.
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Gold Demand Drops 25% in Bengaluru for Akshaya Tritiya
Gold demand in Bengaluru has fallen by 25% ahead of Akshaya Tritiya, with high prices and global conflicts causing buyer hesitation, despite a recent price correction.
Gold Demand Drops 50% as Shrinkflation Hits Akshaya Tritiya Sales
With Akshaya Tritiya approaching, jewellers report a 40-50% slump in gold demand, driven by high prices and economic uncertainty. Consumers are opting for smaller, lighter designs and lower-purity options, while LPG shortages impact manufacturing.
El Nino Threat to Agriculture Limited: Government
The Indian government says stronger irrigation, higher reservoir storage, and better preparedness will minimize El Nino's impact on agriculture this year, despite below-normal monsoon forecasts.
India Falls to 6th in Global Economy Rankings, IMF Data Shows
India has dropped from projected 4th to 6th largest economy in IMF rankings, due to rupee depreciation and GDP data revisions, while remaining the fastest-growing major economy.
Cabinet Clears 2% DA/DR Hike for Govt Employees, Pensioners
The Union Cabinet has approved a 2% increase in Dearness Allowance for central government employees and Dearness Relief for pensioners, effective from January 1, 2026, to offset inflation.
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Monsoon, Conflict Cloud India's Agriculture Outlook
India's agricultural outlook faces dual challenges from a below-normal monsoon forecast and escalating West Asia conflicts, potentially impacting crop yields and food inflation.
India Buys Iranian Oil, Pays in Chinese Yuan via US Waiver
Indian refiners purchased Iranian crude oil using a temporary US sanctions waiver and settled payments in Chinese yuan through ICICI Bank's Shanghai branch, officials confirmed on Friday.
Rupee Gains 27 Paise to 92.93 on RBI Oil Firm Directive
The Indian rupee strengthened to 92.93, gaining 27 paise, after the RBI reportedly instructed oil companies to use an SBI credit line instead of buying dollars from the open market. This move reduces forex market demand and signals RBI's preparation for m
Idukki Dam Water Levels Drop Sharply, Power Sector on Alert
Water levels at Idukki dam have fallen to 36.93% capacity, 8.92 feet lower than last year, as summer heat and low rainfall strain Kerala's power generation. Authorities assure no immediate shortage.
LPG Demand in India Returns to Normal, Says Government
LPG demand in India has normalized after a period of volatility, with government data showing stable consumption patterns. This reflects improved supply chains and economic recovery post-pandemic.
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Goa's Wild Summer Fruits See 500-800% Price Hike
Traditional summer fruits like water apples and jamun in Goa have skyrocketed from ₹1 to ₹5-8 each due to urbanization reducing wild trees and rising labor costs, creating affordability challenges.
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