Category : Economy


Union Budget 2026: Highlights and Sectoral Impact

The Union Budget 2026 has been announced, featuring significant allocations and policy changes across sectors. This article details the key highlights and explores the implications for industries, economy, and public welfare.

India Core Sector Growth Slows to 4% in January

India's eight core infrastructure sectors grew at 4% in January 2026, a two-month low, with weakness in crude oil, natural gas, and coal. Growth moderated from 5.1% in January 2025, impacting industrial output forecasts.

Core Infra Growth Slows to 4% in January

India's eight core infrastructure sectors recorded a growth of 4% in January 2024, a slowdown from the previous month's 8.3%, with coal and electricity leading but steel and cement lagging.

India's Forex Reserves Hit Record $725.7 Billion

India's foreign exchange reserves soared by $8.66 billion to a new peak of $725.727 billion in the week ended February 13, driven by gains in foreign currency assets and gold holdings, as per RBI data.

Silver Soars 7.32%, Gold Gains on Safe-Haven Demand

Silver prices surged by Rs 18,000 per kg in Delhi, while gold advanced amid rising geopolitical risks and global uncertainty. Analysts cite US-Iran tensions and stalled Russia-Ukraine talks as key drivers.

Rupee to Trade at 89-90 per USD by FY27 End

CareEdge Ratings forecasts the Indian rupee will stabilize at 89-90 against the US dollar by March 2027, driven by a softer dollar and manageable current account deficit.

India's Russian Oil Imports Drop to 15-Month Low

India's crude oil imports from Russia fell to their lowest share since late 2022 in January, dropping to 21.2% as Middle East supplies surged. US sanctions and trade deal pressures drive the shift, with China now Russia's top buyer.

Gold Prices Surge: MCX Futures Jump Rs 1,297 on Wednesday

Gold prices surged sharply on Wednesday, with MCX futures rising Rs 1,297 to Rs 1,52,715 per 10 grams. Strong spot demand and fresh speculative buying drove gains, mirrored in global markets where spot gold rose 0.8%. Silver saw even stronger gains of 2.8

Budget 2026-27 Aims to Simplify Customs, Boost Manufacturing

Finance Minister Nirmala Sitharaman's Union Budget 2026-27 focuses on customs and excise reforms to simplify tariffs, support domestic manufacturing, and enhance export competitiveness through digital initiatives and duty rationalization.

GST Relief Ends: FMCG Giants Hike Prices Up to 5%

After six months of stable pricing post-GST cuts, Indian consumer goods companies are raising prices by up to 5% due to rising commodity costs and a weak rupee. Essential items like detergents, hair oils, and cereals are seeing higher tags.

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