Economy News ( English version)

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  • Govt plans to double down on e-two wheeler subsidies: Report May 25, 2026
    The government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote clean mobility and reduce oil import dependence. The heavy industries ministry is seeking additional funds for this initiative. The scheme has already subsidized a large number of electric two-wheelers.
  • Australian FM Penny Wong to visit India for Quad FMM May 25, 2026
    Australian Foreign Minister Penny Wong will visit India for a crucial Quad Foreign Ministers' Meeting. She will also hold discussions with her Indian counterpart, Dr. S. Jaishankar, for the Australia-India Foreign Ministers' Framework Dialogue. The Quad partnership is vital for a peaceful Indo-Pacific. Ministers will discuss maritime security, crit […]
  • RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra May 25, 2026
    The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for monetary policy. India's economic fundamentals are strong despite global pressures.
  • India’s Q4 GDP growth seen at 7.3% amid Iran war tensions May 25, 2026
    India's economy finished fiscal year 2026 strongly. Growth in the March quarter was boosted by domestic demand, agriculture, and services. Economists predict 7.3% GDP growth for the quarter. Full-year growth is projected at 7.6%. Higher crude prices may impact the current fiscal year. Official data releases on June 5.
  • Delivery cost increased by about 19% in Asia Pacific: Report May 24, 2026
    Delivery costs in India and the Asia Pacific region saw a significant rise of nearly 19 percent year-on-year. This increase occurred between March and May. Customers in India are now showing a preference for reliable delivery schedules rather than just speed. Many are willing to pay extra for convenient delivery options.

 

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