Indian Economy News - Latest Updates & Headlines
Nifty projected to reach 25,521 in next 12 months: Report
Mumbai, April 14: Despite recent global market uncertainties, the Nifty index is likely to touch 25,521 in the next 12 months, according to report released on Monday.
Indian Railways clocks better performance, higher earnings in 2024-25
New Delhi, April 14: Indian Railways has registered an improved operating ratio at 98.32 per cent and an increase in earnings to Rs 2.65 lakh crore for the financial year that ended March 31, according to official figures.
Indian FMCG firms to end FY25 with single-digit revenue, base favourable in FY26
New Delhi, April 14: FMCG firms in India, on aggregate, should end FY25 with low single-digit revenue as consumer staples stocks have benefited from the flight-to-safe trade recently, a new report has said, adding that the base will remain favourable in FY26.
Electronic permits register 20 pc growth at record 124.5 million in March
New Delhi, April 12 (IANS Electronic permits in India reached a record 124.5 million in the month of March, a 20 per cent increase on an annual basis, showing robust factory activity.
About half of aspirational districts witness sharp drop in multi-dimensional poverty
New Delhi, April 11: Nealy half of aspirational districts in the country have seen a quicker drop in multi-dimensional poverty levels, with Madhya Pradesh, Andhra Pradesh, Assam and Tamil Nadu leading the pack.
Rahul poses three questions to PM Modi on jobs, BJP rebuts charges with 'hard facts'
New Delhi, April 11: Leader of Opposition (LoP) in Lok Sabha Rahul Gandhi on Friday posed three questions to Prime Minister Narendra Modi over "grim" job scenario in country and accused the Centre of abandoning the Rs 10,000 crore 'Employment Linked Incentive' (ELI) scheme, launched with fanfare a year ago.
Sensex, Nifty open higher after Trump pauses tariffs till July 9
Mumbai, April 11: Indian equity market opened in the green on Friday after US President Donald Trump announced to pause reciprocal tariffs on the country till July 9.
CM Bhupendra Patel inaugurates Gujarat Chamber of Commerce and Industry's annual trade expo 'GATE 2025'
Gandhinagar, April 11: Gujarat Chief Minister Bhupendra Patel inaugurated the Gujarat Chamber of Commerce and Industry (GCCI)'s annual trade expo 'GATE 2025' in Ahmedabad in the virtual presence of Union Home and Cooperation Minister Amit Shah. On this occasion, the souvenir of 'GATE 2025' was unveiled by the dignitaries present, an official statement said.
Indian economy resilient despite global uncertainty: HM Amit Shah on US tariffs
New Delhi, April 9: Union Home Minister Amit Shah on Wednesday said that external pressures would not cause panic among Indian citizens as the domestic economy remains resilient despite global uncertainties, as US reciprocal tariffs came into effect.
Urban labour force participation rate rises marginally, rural unemployment sees slight decline from 2023 to 2024
New Delhi, April 10: The Labour Force Participation Rate (LFPR) in urban areas saw a marginal increase, while the rural unemployment slightly decreased between 2023 and 2024, according to the data released by the Ministry of Statistics & Programme Implementation on Wednesday.
Global brokerages project more RBI rate cuts this fiscal
New Delhi, April 9: The Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points to 6 per cent and shift its stance to ‘accommodative’ from ‘neutral’ has strengthened expectations among global brokerages of further monetary easing in the coming months.
India Inc. is better placed to handle global slowdown, amid tariff uncertainties: Report
New Delhi, April 9: With stable finances, Indian companies are better positioned to handle the current economic slowdown, says a report by the DSP Asset Managers.
FMCG sector is set for a gradual recovery; outlook for FY26 more positive: Report
New Delhi, April 9: The Fast-Moving Consumer Goods (FMCG) sector is better positioned to deal with the current market uncertainties, says a report by Phillip Capital
RBI should have gone for a deeper rate cut, say economists and industry leaders
New Delhi, April 9: The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.
'We have to safeguard Indian industry': Karnataka Dy CM DK Shivakumar on share market
Ahmedabad, April 9: Karnataka Deputy CM DK Shivakumar on Wednesday said that Prime Minister Narendra Modi should take a clear stance on the recent stock market fluctuations caused by the Trump administration's imposition of tariffs.
Amdist Tariff challenges, RBI revises growth expectation from 6.7 % to 6.5% in FY25-26
Mumbai, April 9: India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
RBI cuts repo rate by 25 bps to 6% amid evolving global outlook
Mumbai, April 9: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent, to support economic growth amid growing global uncertainties.
RBI cuts inflation forecast to 4 per cent for 2025-26
Mumbai, April 9: The Reserve Bank's Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said on Wednesday.
Those who thought India will move slowly, steadily are seeing fast and fearless India: PM Modi
New Delhi, April 8: Noting that the world is looking at India and has hope from the country, Prime Minister Narendra Modi said on Tuesday that his government has opened new possibilities through its policies and the decisions taken in the nearly 100 days of this year have strengthened the foundation for the future.
Govt completes auction of two more coal mines
New Delhi, April 8: The Ministry of Coal has signed two more coal mine development and production agreements with the successful bidders of two coal mines - Marwatola-II and Namchik West - under the 11th round of commercial auctions, according to an official statement issued on Tuesday.
Sensex, Nifty see strong relief rally ahead of key RBI MPC decision
Mumbai, April 8: The Indian stock markets staged a robust relief rally on Tuesday, snapping a three-day losing streak ahead of the Reserve Bank of India's (RBI) monetary policy decision on April 9.
37% of MSMEs plan capacity expansion, similar proportion eyeing further investments: SIDBI report
Mumbai, April 8: In a showcase to the improving conditions for Micro, Small, and Medium Enterprises (MSMEs), about 37 per cent of businesses are planning to expand their capacity during the current period, according to a SIDBI MSME Outlook Survey Edition-II.
Rupee volatility to have low impact on credit profiles of Indian firms: Report
Mumbai, April 8: Despite recent volatility in the Indian rupee against the US dollar, the overall credit profiles of Indian companies are expected to remain stable, a report said on Tuesday.
Piyush Goyal urges 'economic nationalism' to strengthen domestic supply chains at FICCI's 98th foundation day celebrations
New Delhi, April 7: Union Commerce and Industry Minister Piyush Goyal on Monday called on Indian businesses to embrace "economic nationalism" by supporting domestic suppliers rather than opting for marginally cheaper imports.
Shashi Tharoor shares concerns over US tariffs ahead of Congress meet, says Situation is negative
Ahmedabad, April 7: Shashi Tharoor on Monday expressed concerns over the impact of US tariffs on India's economy and emphasised the need for effective bilateral trade agreements, and called the situation "quite negative."
Can avoid recession, but trade deals key: Shashi Tharoor
Ahmedabad, April 7: Against the backdrop of mounting global economic uncertainty and political confrontation at home, the Congress party has assembled in Ahmedabad for its much-anticipated two-day National Convention - a meeting steeped in symbolism and strategy.
Oil PSUs to absorb excise duty hike on petrol, diesel, no impact on consumers: Hardeep Puri
New Delhi, April 7: The government-owned oil marketing companies will absorb the increase in excise duty on petrol and diesel, announced by the Finance Ministry, as their input costs have come down due to the decline in crude oil prices in the global market, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Monday.
Trump has blown lid off illusion...we have to build production-based economy: Rahul Gandhi
New Delhi, April 7: Amid the turmoil in stock markets and countries making adjustments because of US reciprocal tariffs, Congress leader Rahul Gandhi on Monday said that US President Donald Trump "has blown the lid off the illusion" and India has to build a resilient, production-based economy.
Govt hikes excise duty on petrol, diesel as oil prices crash in global market
New Delhi, April 7: The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices have come down in the global market.
Bloodbath in India stocks as Trump tariffs shake market sentiment; Sensex slumps over 2,200 points
New Delhi, April 7: Indian stocks witnessed a bloodbath as the new week kicked off, triggered by the Trump reciprocal tariffs. These tariffs have set off a sell-off in equities globally, and India was no exception.
Experts advise investors to avoid impulsive decisions driven by short-term noise
New Delhi, April 7: Markets are reacting to US tariff-related concerns and global uncertainties, yet these periods of volatility have always tested — and ultimately rewarded — long-term conviction, market experts said on Monday.
Andhra CM congratulates people for second-highest growth rate
Amaravati, April 6: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Sunday congratulated the people of the state over registering the second-highest growth rate in the country during 2024-25.
India's forex reserves rise to USD 665.4 billion, major jump in nearly five months: RBI
New Delhi, April 6: In a significant development, India's foreign exchange reserves rose from USD 6.596 billion to USD 665.396 billion in the week that ended on March 28, extending gains for the fourth straight week, official data released by RBI showed.
India's financial system has become more resilient, diverse: SEBI
New Delhi, April 5: India’s financial system has become more resilient and diverse, driven by rapid economic growth, and regulatory framework in securities markets has been enhanced in line with international practice to manage and prevent emerging risks, the Securities and Exchange Board of India (SEBI) said on Saturday, citing a latest IMF-Financial System Stability Assessment (FSSA) report.
Credit card spending hits 7-month low, average spend per card down to Rs 15,295: Report
New Delhi, April 5: Credit card spending hit a 7-month low amid persistent decline, according to a report by ACMIIL, a stock market firm.
Haryana's tax collection outperforms national growth rate, sets record
Chandigarh, April 4: Haryana has reached a significant milestone in the collection of State Goods and Services Tax (SGST), outperforming the national growth rate and setting a record in 2024-25, Excise and Taxation Commissioner Vinay Pratap Singh said on Friday.
Sensex, Nifty tank as Trump tariffs rattle global markets
Mumbai, April 4: Indian stock markets on Friday ended in the red for the second day in a row, as investors turned cautious after US President Donald Trump’s reciprocal tariffs announcement.
Going to completely devastate our economy: Rahul Gandhi on US reciprocal tariffs
New Delhi, April 3: Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said on Thursday that the United States' decision to impose reciprocal tariffs will "completely devastate our economy" with the auto industry, pharmaceuticals and agriculture among sectors expected to face the brunt.
Startups key to make India 3rd largest economy by 2027: Piyush Goyal
New Delhi, April 3: Currently the world's fifth-largest economy, India is on track to become the fourth-largest by the end of 2025 and the third-largest economy by 2027 — surpassing Japan and Germany, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday while crediting this growth to the robust startup ecosystem.
Stock market ends lower as investors take cautious approach on US tariffs
Mumbai, April 3: The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump's announcement of new tariffs.