Koyambedu Vegetable Glut: Wholesale Prices Plunge, Retail Lags
Koyambedu wholesale market in Chennai sees a 50% surge in vegetable arrivals, driving prices below 30/kg, yet retail outlets maintain higher rates up to 70/kg, frustrating consumers.
Koyambedu wholesale market in Chennai sees a 50% surge in vegetable arrivals, driving prices below 30/kg, yet retail outlets maintain higher rates up to 70/kg, frustrating consumers.
India's economy shows resilience with strong growth indicators, driven by domestic demand and policy reforms, despite global economic headwinds.
Foreign direct investment into India increased 18% year-on-year to $47.87 billion during April-December 2025-26, with US inflows nearly doubling. Singapore remains top source, while Maharashtra leads among states.
The Ministry of Statistics and Programme Implementation announces a new GDP series aimed at improving data accuracy and robustness for India's economic growth measurements.
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RecommendedIndia's economic outlook brightens as the new GDP series upgrades the growth projection for fiscal year 2026 to 7.6%, reflecting robust economic momentum and policy effectiveness.
India's GDP growth projections for FY26 have been revised upward to 7.6%, with Q3 growth at 7.8%, according to new series data from MoSPI, surpassing earlier estimates.
Statistics Secretary Saurabh Garg highlights the revision of the base year for economic indices as a key step to improve policy formulation and data accuracy, supporting better governance and economic planning in India.
Nobel Prize-winning economist Michael Kremer advises India to move beyond intuition-based governance and adopt rigorous experimentation for effective economic and social policies.
India's GDP growth hits 7.8% in Q3 FY26, retaining its status as the world's fastest-growing major economy. The new GDP series with a revised base year and methodological improvements aims for greater accuracy and global alignment.
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RecommendedIndia's GDP growth projection for 2025-26 has been revised upward to 7.6%, driven by a statistical base year change that better reflects the modern economy's structure and performance.
India's GDP growth for October-December quarter is estimated at 7.8% following statistical revisions, with full-year growth projected at 7.6% for fiscal year ending March.
India's foreign exchange reserves decreased by $2.119 billion to $723.608 billion as of February 27, 2026, reflecting currency valuation effects from non-US units like the euro and yen.
India's fiscal deficit reached Rs 9.8 lakh crore by January 2025, 63% of the annual target, lower than 74.5% a year ago, indicating better fiscal health.
India's foreign exchange reserves dropped by $2.119 billion to $723.608 billion for the week ended February 20, reversing a sharp rise, with declines in gold and foreign currency assets, as per RBI data.
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RecommendedIndia's GDP grew at 7.8% in Q3 FY 2025-26, maintaining its status as the world's fastest-growing major economy. Chief Economic Advisor V. Anantha Nageswaran projects above 7% growth, with India set to become a top-three economy by the decade's end.
The Indian rupee weakened by 8 paise to close at 90.99 against the US dollar, influenced by global market trends and domestic economic factors.
India's real GDP expanded by 7.8% in Q3 FY 2025-26, as per MoSPI's revised data using a 2022-23 base year. Full-year growth is projected at 7.6%, with manufacturing and services sectors driving resilience.
India's economy recorded robust growth of 7.8% in the third quarter of FY26, according to the new GDP series. This expansion highlights strong performance across key sectors.
India's GDP growth for October-December quarter has been estimated at 7.8% following a comprehensive data methodology overhaul. The National Statistics Office projects 7.6% growth for the full fiscal year ending March.
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RecommendedGold prices traded in a narrow band on Friday, with domestic futures showing mild gains while retail markets displayed mixed trends across major Indian cities. The April 2026 MCX contract rose 0.37% to Rs 1,60,298 per 10 grams.
A new report warns that crude oil prices could spike to $110 per barrel if Iran's oil supply or the Strait of Hormuz face disruptions, impacting global markets and economies.
India's GDP data for Q3 FY 2025-26 is released today under a new series with a 2022-23 base year, aiming for improved accuracy and potentially indicating India's rise to the world's fourth-largest economy.
India's GDP data for Q3 FY 2025-26, based on the new 2022-23 base year series, is set for release. The update aims for greater accuracy with improved methodologies and data sources.
A UBI report projects India's GDP growth for Q3 FY26 at 8.3%, overcoming adverse base effects. This strong performance highlights economic resilience and robust domestic demand.
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RecommendedAn analysis of India's economic trajectory in 2026, highlighting key challenges like inflation and unemployment, and opportunities in digital transformation and green energy.
India's agriculture sector faces a crisis as budgetary support remains stagnant, hindering rural employment and consumption growth, according to experts Sonal Ann D'Souza and Sunit Arora.
India faces economic challenges with frozen job creation and rising discontent, highlighting issues in employment and social stability amid global pressures.
India's GDP calculation shifts to a new base year of 2022-23, incorporating significant methodological upgrades and updated data sources for more accurate economic measurement.
EY Economy Watch projects India's GDP growth between 6.8% and 7.2% for fiscal year 2027, emphasizing tax compliance improvements to achieve Viksit Bharat by 2047.
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RecommendedThe Indian government has mandated the nationwide sale of ethanol-blended petrol with a minimum Research Octane Number (RON) of 95 starting April 1, 2026, to boost green energy and reduce emissions.