Economy News ( English version)

Unable to display feed at this time.

 


 

  • India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth July 2, 2026
    India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the econom […]
  • Growth engine revving as GST, auto sales rise despite global roadblocks July 2, 2026
    India's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and power consumption rose 11.6%. Despite a dip in manufacturing PMI, strong import revenues and UPI transactions highlight economic resilience. Experts anticipate continued momentum, with potential for monthly GST coll […]
  • In Graphics: India’s wealthy cement their seat on the high table July 1, 2026
    While the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real assets rather than financial assets, and owes less debt. The country also cemented its position as a top-tier hub for millionaires: it now has as many of them as Switzerland.
  • New rural job scheme VB-G RAM-G pays 10% more than MGNREGA July 1, 2026
    The government has boosted rural employment wages by over 10% with the new Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission-Gramin, replacing MGNREGA from July 1. Daily wages now start at ₹300, with an average of ₹327.4, and the annual employment guarantee is extended to 125 days. States with historically lower rates will see significant increases, th […]
  • JSW Infra raises ₹7,503 crore via QIP to fund capex plan July 1, 2026
    JSW Infrastructure has successfully raised ₹7,503 crore through a unique Qualified Institutions Placement, combining a primary issuance and a promoter's offer-for-sale. This significant capital infusion will fuel the company's ambitious ₹39,000 crore expansion plans, meet public shareholding norms, and expand its investor base.

 

Unable to display feed at this time.