Economy News ( English version)

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  • Amid West Asia war, FY26 goods exports may fall 2-3%: FIEO April 9, 2026
    India's goods exports may see a 7-8% drop in March due to the West Asia conflict. Full fiscal year 2026 exports could be 2-3% lower. However, overall goods and services exports are projected to rise 5-6% for FY26. Rising raw material prices and shipping costs are impacting shipments. Exporters seek government intervention on interest rates and policy si […]
  • India Inc ramps up exports as Iran ceasefire reopens Middle East trade April 9, 2026
    Indian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacity. Companies expect a surge in orders for reconstruction activities in war-affected nations. Pharma and packaged food sectors see increased demand.
  • Macro buffers to help India tide over Gulf crisis: World Bank April 9, 2026
    India's economic growth for FY27 is projected at 6.6 percent. The World Bank notes potential risks from the Gulf conflict impacting global energy prices. However, India's economy is strong, supported by reserves and low inflation. Growth is expected to average 7.1 percent from FY28 to FY29. Boosting private sector growth is key for job creation and […]
  • 'Rate action unlikely in FY27; if any, it could be a rise,' say economists April 9, 2026
    Indian markets expect a prolonged pause in policy rates. Economists foresee no immediate tightening as higher global energy prices have a limited impact. The Reserve Bank of India is likely to maintain rates through FY27. While most anticipate a pause, a rate hike is considered more probable than a cut if the Iran conflict persists and affects growth.
  • Centre saves ₹55,000 crore as FY26 spending undershoots estimates April 9, 2026
    Government spending in the last fiscal year was less than planned. This saving of about ₹55,000 crore will help manage tax collection shortfalls. Unspent funds were noted in ministries for water, sanitation, and housing. Savings also came from better direct benefit transfer management. This fiscal prudence aids the government's financial targets.

 

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