Economy News ( English version)

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  • GDP growth likely eased in January-March quarter on softer external demand June 1, 2026
    India's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong government spending and agricultural resilience. While external shocks haven't derailed its fastest-growing major economy status, subdued private investment remains a concern. Services growth is expected to stay r […]
  • Weather swings, monsoon risks, and the growing threat to mango, apple crops June 1, 2026
    The agriculture industry has evolved historically through adaptation and resilience, and now it is time to speed up this transformation, empowering Indian fruit growers to be more enterprising to produce quality horticultural crops against mounting climatic aberrations.
  • India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2% June 1, 2026
    India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increase compared to the same month last year. Import-linked revenues significantly boosted overall collections, while domestic revenue experienced a decline. For the initial two months of FY27, GST revenue showed a positiv […]
  • India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal June 1, 2026
    India's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ensures a reliable energy and trade gateway for India, even amidst regional conflicts. This agreement is an investment in India's long-term energy and economic security.
  • India manufacturing activity rose in May despite cost pressures, PMI shows June 1, 2026
    India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from rising energy and material prices, factory output accelerated. While hiring continued, business optimism dipped to a four-month low, though companies remain hopeful for future eas […]

 

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