India's Economy to Grow 6.3% in FY27 Despite High Oil Prices
S&P Global projects India's GDP growth at 6.3% in FY27, even if crude oil averages $130 per barrel. The report highlights strong domestic demand and economic resilience.
Category : Economy
India's LPG Imports Halve, US Emerges as Top Supplier
India's LPG imports plummet to half of February levels due to Middle East disruptions, with the US now the largest supplier. Domestic production also dips, tightening supply amid global market volatility.
India's Growth at 6.5% in FY27, Double Global Average: IMF
The International Monetary Fund reaffirms India as the fastest-growing major economy with 6.5% growth projection for FY27, nearly double the global average, driven by strong fundamentals and domestic demand.
India's Double Oil Shock and Inflation Pains Explained
India confronts a double oil shock from global price volatility and supply disruptions, driving inflation and economic strain. Experts analyze impacts on fuel, food, and policy responses.
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Kerala's Gulf Economy in Flux, New Opportunities May Emerge
Reports of layoffs and hiring freezes in Gulf nations are causing anxiety for Kerala families reliant on NRI incomes, but experts suggest this crisis could spur new economic opportunities.
LPG Bookings Fall to 43-44 Lakh in April, Supply Normalizes
Domestic LPG refill bookings have declined to 43-44 lakh cylinders in April from a peak of 89 lakh in March, reducing strain on supplies. Government data shows daily bookings below 50 lakh since April 3, with normal delivery operations.
Govt Cuts Onion Buffer Stock Target by 33% for 2026
The Union government has set a target to procure 2 lakh tonnes of onions through Nafed and NCCF starting May, a 33% reduction from last year's 3 lakh tonnes, citing stable prices and adequate supply.
IMF Forecasts India's GDP Growth at 7.8% for FY25
The International Monetary Fund (IMF) projects India's GDP to grow by 7.8% in FY25, driven by strong domestic demand and investment. This forecast highlights India's resilience amid global economic challenges.
PLI 2.0 for Mobile Phones: $5B Boost to Exports
India plans to launch PLI 2.0 for mobile manufacturing by May with over $5 billion outlay, focusing on doubling exports. The scheme follows the success of the initial PLI program.
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India's Economy Faces Oil Shock Amid Middle East Conflict
India's high growth faces oil price shock as crude crosses $100/barrel. IMF raises India's growth forecast to 6.5%, while S&P Global analyzes impact channels and resilience factors.
Wholesale Price Inflation Hits 3-Year High at 3.88% in March
India's wholesale price index (WPI) inflation surged to 3.88% in March 2024, marking the highest level in three years, driven by rising food and fuel prices, according to official data.
India's Unemployment Rate Rises to 5.1% in March
India's unemployment rate for individuals aged 15 and above increased marginally to 5.1% in March 2026, as per the latest PLFS data. The survey methodology has been revised from January 2025 to provide enhanced monthly and quarterly labor force estimates.
IMF Raises India's FY27 Growth Outlook to 6.5%
The International Monetary Fund has revised India's FY27 GDP growth projection upward to 6.5%, highlighting strong economic fundamentals despite global slowdown concerns and emerging risks.
Pakistan May Consider Fuel Rationing If US-Iran War Persists
Finance Minister Muhammad Aurangzeb warns Pakistan could implement fuel rationing at petrol pumps if the US-Iran conflict continues long-term, citing global energy volatility and supply disruptions through the Strait of Hormuz.
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WPI Inflation Hits 3.88% in March on Crude Oil Surge
India's wholesale price index (WPI) inflation accelerated to 3.88% in March 2024, driven by a sharp rise in crude oil prices and increased costs in food and manufacturing sectors.
India's WPI Inflation Hits 3.88% in March
India's wholesale price index inflation surged to 3.88% in March, driven by rising fuel and manufactured goods prices amid the West Asia conflict. Fuel inflation turned positive at 1.05%.
India's Wholesale Inflation Hits 3.88% in March on Fuel Price Surge
India's wholesale price index-based inflation rose to 3.88% in March 2024, driven by higher prices of crude oil and natural gas, marking a significant increase from previous months.
India's Atmanirbhar 2.0 Strategy Amid Middle East Conflict
India is advancing its self-reliance strategy, Atmanirbhar 2.0, to protect supply chains and enhance energy security in response to disruptions from the Middle East conflict, focusing on reducing import dependence.
Oil Prices Fall Again Amid US-Iran Talks, Supply Concerns
Oil prices dropped for a second consecutive day as hopes for renewed US-Iran talks reduced long-term supply worries, though risks in the Strait of Hormuz persist. Brent and WTI crude saw declines before edging up slightly.
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Oil Prices, Weak Monsoon Threaten India's Consumption Growth
Rising oil prices from West Asia conflict and a below-normal monsoon forecast for 2026 are pressuring India's consumption-driven economy, potentially slowing rural demand and corporate growth in FY27.
Wage Hikes in UP, Haryana Could Drop Workers from EPFO Net
Rising minimum wages in Uttar Pradesh and Haryana, now exceeding Rs 15,000, may exclude many workers from mandatory EPFO coverage, as the current ceiling remains unchanged since 2014, prompting calls for an increase to Rs 25,000.
Gold, Silver Prices Rise as US-Iran Talks Offer Hope
Gold and silver prices climbed on Tuesday, driven by a softer US dollar and optimism over potential US-Iran negotiations. Analysts discuss volatility and safe-haven status amid conflict.
IMF, World Bank Raise India Growth Forecast Despite Global Risks
The IMF and World Bank have revised India's GDP growth projections upwards for the current fiscal year, citing strong domestic demand and export performance, though they warn of risks from the West Asia conflict and high oil prices.
India's Forgotten Capitalist Past and Its Economic Legacy
Exploring India's rich pre-colonial capitalist traditions and their lasting impact on modern economic structures, policies, and business practices.
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10 Lakh Consumers Switch to Piped Gas Amid LPG Supply Squeeze
Nearly 10 lakh consumers have converted to piped natural gas (PNG) following a government campaign, with 4.4 lakh connections activated and 5 lakh applications in process amid West Asia conflict disruptions.
Kochi Fish Prices to Rise After Kerosene Price Hike
Fish prices in Kochi are set to increase sharply due to a 50% rise in subsidized kerosene prices for fishing boats, driven by the US-Iran war. Fishermen warn of operational challenges and higher market costs.
DH Cartoon Satirizes India's Soaring Food Prices
A Deccan Herald cartoon humorously depicts the impact of rising food inflation in India, portraying a family's 'last affordable supper' amid escalating costs for essentials like vegetables and grains.
IMF Predicts 6.5% Growth for Indian Economy in FY27
The International Monetary Fund projects India's economy to expand at 6.5% in the fiscal year 2027, highlighting strong domestic demand and policy reforms as key drivers.
Gold Prices Surge on MCX Amid Global Cues and Talks
Gold futures on MCX rose over 1% on Tuesday, tracking global gains as easing dollar pressure and hopes for renewed US-Iran talks boosted sentiment. Spot gold and other precious metals also saw significant increases.
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IMF Projects India's GDP Growth at 6.5% for FY27
The International Monetary Fund (IMF) projects India's GDP to grow at 6.5% in the fiscal year 2027, underscoring the nation's robust economic momentum and resilience amid global uncertainties.
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