Economy News ( English version)

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  • India, China should stick to 'right strategic perception' of being cooperative partners, not rivals: Beijing June 8, 2026
    China urges India to view them as cooperative partners, not rivals, emphasizing mutual development and opportunities. Beijing supports dialogue between India and Pakistan to resolve differences. Meanwhile, Russia's President Putin highlighted his nation's strong, independent ties with both India and China, stressing that Moscow's relationships […]
  • 100 days of Iran war: India must brace for broad-based economic shock June 8, 2026
    In a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the specter of increased oil prices looms, disruptions in supply chains could become a reality. The Reserve Bank of India is on alert, with policymakers devising strategies to mitigate possible fallout.
  • RBI seen joining Asia’s rate-hike push as inflation risks rise June 8, 2026
    The Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising inflation. Policymakers have signaled a potential rate hike if price pressures become widespread. The RBI has also raised its inflation forecast for the fiscal year ending March 2027. Economists anticipate rate increases in th […]
  • RBI ramped rupee defense to record before government bazooka June 8, 2026
    The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This significant increase in forward dollar sales, particularly in offshore markets, aims to curb excessive volatility driven by factors like oil price shocks and speculative pressures.
  • Inflation poses bigger risk than growth this fiscal as monsoon and crude weigh on rural demand: Nuvama June 8, 2026
    In FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The eyes of policymakers are fixed on the monsoon's trajectory, a key determinant for crop health. Global factors, such as elevated crude oil prices and geopolitical strife, further exacerbate inflationary trends. […]

 

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