Crisil Projects India’s Retail Inflation at 5.1% in FY27, Sees Scope for RBI Rate Hike
India’s retail inflation is expected to remain elevated through FY27, with Crisil Ratings forecasting an average Consumer Price Index (CPI)…
SEBI Eases Intraday Borrowing Norms for Mutual Funds: New Rules for AMCs Effective July 15
The Securities and Exchange Board of India (SEBI) has introduced a significant reform to improve operational efficiency in the mutual…
IMF Cuts India FY27 GDP Growth Forecast to 6.4%, Sees Rebound to 6.7% in FY28
The International Monetary Fund (IMF) has slightly lowered India’s GDP growth forecast for FY2026–27 to 6.4%, citing higher global energy…
ADB Cuts India’s FY27 GDP Growth Forecast to 6.6%, Raises Inflation Outlook to 5.2%
The Asian Development Bank (ADB) has revised India’s economic growth forecast for FY2026–27 (FY27) downward to 6.6%, citing rising global…
Amit Shah Announces Cooperative Life Insurance Company and Bharat Taxi Expansion to 500 Cities
India’s cooperative sector is set for a major transformation as Union Home and Cooperation Minister Amit Shah announced the establishment…
Goldman Sachs Raises India GDP Forecast to 6.8% for 2026
Global investment bank Goldman Sachs has upgraded India’s economic growth outlook for 2026, citing lower crude oil prices following the…
Centre Approves ₹22 Crore Aid for Startups Under National Green Hydrogen Mission
The Central Government has approved ₹22 crore in financial assistance for nine startups under the National Green Hydrogen Mission (NGHM).…
Sarvam Becomes India’s 130th Unicorn After Raising $234 Million in Series B Funding
India’s artificial intelligence ecosystem has achieved another major milestone as Bengaluru-based AI startup Sarvam entered the unicorn club after raising…
Essar Power, Arham Get Nod for 2 New SEZs in Gujarat with ₹27,600 Crore Export Potential
Gujarat is set to strengthen its position as India’s leading export and manufacturing hub with the addition of two new…
India to Launch Producer Price Index (PPI) as Part of Statistical Data Revamp
India is set to introduce its first-ever Producer Price Index (PPI), marking a significant milestone in the modernization of the…
UN Cuts India’s 2026 GDP Growth Forecast to 6.4%
The United Nations has lowered India’s GDP growth forecast for 2026 to 6.4%, down from its earlier estimate of 6.6%,…
India’s Current Account Deficit Likely to Widen to 2.3% of GDP in FY27: HSBC
India’s Current Account Deficit (CAD) is projected to widen sharply to 2.3% of GDP in FY27 from an estimated 0.9%…
Cabinet Approves Higher MSP for Kharif Crops for 2026–27
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved an increase in the Minimum…
SEBI Proposes Allowing Depositories to Use Part of IPF Investment Income for Trust Expenses
The Securities and Exchange Board of India (SEBI) has proposed allowing depositories to utilise up to 5% of the income…
India Likely to Grow 6.6% in FY27; SBI Calls for BoP Support Measures Amid Rupee Pressure
A research report by State Bank of India (SBI) has projected that India’s economy will grow by 6.6% in FY2026-27,…
ADB Commits Over $5 Billion to India in 2025 for Skills, Clean Energy and Infrastructure Projects
The Asian Development Bank has committed more than $5 billion to India in 2025 to support projects related to skills…
SEBI Proposes ‘GARUDA’ Green-Channel for Faster AIF Scheme Launches
The Securities and Exchange Board of India has proposed a new green-channel mechanism named GARUDA to enable faster launch of…
Skyroot Aerospace Becomes Unicorn After Raising $60 Million Ahead of Vikram-1 Launch
Skyroot Aerospace India’s leading private space launch company, has raised nearly $60 million in fresh funding, taking its valuation to…
Government Introduces 60-Day Fast-Track FDI Clearance for China-Linked Manufacturing Sectors
The Government of India has introduced a fast-track mechanism to clear Foreign Direct Investment (FDI) proposals from countries sharing a…
SEBI Proposes Major Reforms to Expand Online Bond Platforms, Allow IFSC Products
The Securities and Exchange Board of India (SEBI) has proposed significant reforms to strengthen India’s retail bond market by expanding…
GST Collections Hit Record ₹2.42 Lakh Crore in April 2026
India’s indirect tax system has achieved a major milestone, with Goods and Services Tax (GST) collections touching an all-time high…
SEBI Introduces Fast-Track Route for AIF Placement Memorandum
In a major ease-of-doing-business reform, Securities and Exchange Board of India (SEBI) has introduced a fast-track mechanism for processing Private…
UPI emerges as world’s largest real-time payments platform
The Unified Payments Interface (UPI) has emerged as the world’s largest real-time payments platform, anchoring India’s digital economy. UPI has…
India’s IIP Growth Slows to 5-Month Low of 4.1% in March 2026
India’s industrial growth showed signs of moderation in March 2026, with the Index of Industrial Production (IIP) rising by 4.1%,…
NSE Sells 1% Stake in Indian Gas Exchange to Comply with Regulatory Norm
The National Stock Exchange (NSE) reduced its stake in the Indian Gas Exchange (IGX) by approximately 1% to comply with…
MRPL, ONGC and OpaL Form Joint Venture to Integrate Petrochemicals Marketing
In a major move to streamline petrochemical operations, Mangalore Refinery and Petrochemicals Limited, Oil and Natural Gas Corporation, and ONGC…
IFC Plans to Double Annual Investments in India to $10 Billion by 2030
The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has announced plans to scale up…
India’s Unemployment Likely to Rise, Inflation to Accelerate in 2026: Moody’s Analytics
India’s unemployment rate is expected to rise slightly to 7% in 2026, while inflation is projected to increase to 4.5%,…
India’s Fiscal Deficit Likely to Rise to 4.5% in FY27: Fitch
India’s fiscal deficit is expected to rise to 4.5% of GDP in FY 2026–27, slightly higher than the government’s target…
India’s Seafood Exports Hit Record High in FY26
India’s seafood exports reached an all-time high of ₹72,325.82 crore ($8.28 billion) in the financial year 2025–26, reflecting strong global…