India’s wholesale inflation surges to new high of 9.68% in May
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
India's merchandise exports rose 18 per cent to $45.2 billion while imports grew 20.62 per cent to $73.41 billion in May with the total trade deficit recorded at $28.21 billion, according to the Commerce Ministry data.
The latest development came after the ED produced both former executives before special PMLA courts, which allowed their custodial interrogation. The arrests had been made earlier on June 12 under the Prevention of Money Laundering Act (PMLA).
Indian markets opened sharply higher as investors welcomed easing tensions in West Asia, lower crude oil prices and reports of a breakthrough between the United States and Iran.
Speaking to a packed audience of students, Radhika also highlighted India's rise on the global stage and the growing prominence of Ayurveda, an ancient Indian medicine science.
He further said the total reinsurance market in India stood at Rs 1.12 lakh crore in 2024–25.
“Growth is projected to moderate to 6.4% in 2026 and 2027 as cyclical and temporary factors wane,” the IMF said in an update to its World Economic Outlook report.
In a report on India’s insurance sector, the global ratings agency said the industry is poised to benefit from sustained premium growth driven by robust economic momentum, rising digitisation, tax reforms and planned restructuring of the state-owned insurance sector.
The Election Commission of India is set to host the Inaugural India International Conference on Democracy and Election Management (IICDEM) 2026 from January 21 to 23 at Bharat Mandapam in New Delhi.
In absolute terms, GCC-led absorption reached 34.9 million square feet, registering a 20 per cent year-on-year increase, said the Vestian report.
