The RBI maintained the status quo on interest rates and signalled confidence in India's ability to navigate global volatility despite geopolitical and market uncertainties.
Defending Prime Minister Narendra Modi’s appeal to conserve foreign exchange, Union Finance Minister Nirmala Sitharaman said the Indian economy is resilient but the West Asia crisis is exerting pressure on its foreign exchange outgo due to high crude oil, fertiliser and gold prices amid the ongoing conflict.
India’s economic messaging has undergone a subtle but unmistakable shift over the past week.
The Centre has sharply raised import duty on gold, silver and platinum as geopolitical tensions and rising import costs put pressure on India’s external account.
New leadership at India’s policy think tank blends economic depth and scientific expertise, with key appointments highlighting Bengal’s continued influence in national governance and institution-building.
The latest inflation numbers from the United States offer a moment of relief in a debate that has been politically charged and economically fraught for years.
The report notes that economic growth has already picked up in FY26 as the drag from fiscal consolidation and tight liquidity conditions witnessed in FY25 has begun to ease.
The Indian rupee fell 0.3 per cent to 91.0750, hitting a record low for a fourth consecutive session.
. The total gross additional expenditure sought amounts to Rs 1.32 lakh crore, of which Rs 90,812 crore is proposed to be met through internal adjustments, including savings within ministries, higher receipts and recoveries.
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
