Category : Economy


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.

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.

IMF Raises India FY27 GDP Growth Projection to 6.5%

The International Monetary Fund (IMF) has revised its economic outlook for India, projecting a 6.5% GDP growth rate for the fiscal year 2027, up from its earlier estimate, signaling robust confidence in the nation's economic trajectory.

IMF Raises India FY27 Growth Forecast to 6.5%

The International Monetary Fund has revised India's growth projection for FY27 upward to 6.5%, highlighting reduced tariffs and a positive 2025 outlook as key factors outweighing Middle East tensions.

Kharif Season Hit by El Niño and Gulf Tensions

India's Kharif season confronts a double challenge with El Niño weather risks and Middle East tensions impacting agriculture and trade, as experts highlight potential crop and economic fallout.

Retail Inflation at 3.4% in March, Govt Data Shows

India's retail inflation moderated to 3.4% in March 2024, down from 5.1% in February, driven by lower food prices. The data indicates easing price pressures amid government efforts to stabilize the economy.

Trump Hormuz Blockade Rattles Markets, Oil Prices Soar

US President Donald Trump's naval blockade in the Strait of Hormuz has triggered a sharp decline in Asian stocks and a 6-8% surge in crude oil prices, raising global inflation and economic slowdown concerns, particularly for India's import-heavy energy se

Oil Prices Surge Past $100 on US Iran Blockade

Oil markets surged sharply, with WTI up 8% to $104.24 and Brent up 7% to $102.29, after US President Donald Trump announced a blockade of Iranian ports, escalating tensions and disrupting global energy flows.

Consumers Prioritize Essentials Over Discretionary Spending

Amid war-driven uncertainty, layoffs, and inflation, consumers are cutting back on discretionary spends, focusing on essentials and value purchases. Companies adapt with value packs and smaller formats as analysts predict post-election inflation uptick.

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