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The Organisation for Economic Co-operation and Development, in its interim report, said that several countries have been able to mitigate the damage from the West Asia crisis by rapid growth in artificial intelligence-related investment and production in many economies. File. | Photo Credit: AFP The Organisation for Economic Co-operation and Development (OECD) has become the latest…
The West Asia conflict remains a challenge to the supply chains of oil and other key commodities and is weighing on business confidence, Reserve Bank of India (RBI) officials stated in the August edition of RBI Bulletin which was released on Tuesday (August 25, 2026). | Photo Credit: Reuters The West Asia conflict remains a…
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Image used for representational purposes. File | Photo Credit: Reuters As conflicts and geopolitical uncertainties around tariffs cloud domestic growth, a key parliamentary committee has decided to examine the evolving economic condition of the country. According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen ‘Evolving Economic Conditions in the Country’ as…
The story so far: Last November, the Indian government received a ‘C’ grade, the second-lowest grade, by the International Monetary Fund for the quality of its national accounts statistics. Over the last few months, it has made several upgrades to its statistical databases, improving their timeliness, representativeness, accuracy, and coverage. These improvements have been wide-ranging,…
Read More “Why have India’s statistical databases been upgraded? | Explained” »
Foreign investors remained sellers in Indian equities, dumping more than ₹62,853 crore of shares in the first fortnight of June amid heightened geopolitical tensions, concerns over global economic growth and persistent weakness in the rupee. With the latest outflows, total withdrawals by Foreign Portfolio Investors (FPIs) from Indian equities have surged to ₹2.87 lakh crore…
Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: PTI India’s economic condition is very “strong, capable and healthy” despite the adverse impact of the West Asia conflict and global uncertainties said Reserve Bank of India (RBI) Governor Sanjay Malhotra while answering a question during the post Monetary Policy Cimmittee (MPC) meeting…
Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth touched a six-month high of 59.8 in May, boosted by healthy demand conditions, new client wins, and ongoing improvements in new business intakes, a monthly survey said on Wednesday (June 3, 2026). The seasonally adjusted Hong Kong and Shanghai…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto India’s equity markets slipped to seventh place in terms of market capitalisation on Tuesday (June 2, 2026) as heavy foreign selling, weak earnings growth and limited exposure to AI-linked stocks allowed South Korea’s chip-heavy market to overtake it. South Korean stocks have rallied this…
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This upward revision was primarily a reflection of stronger-than-expected growth in the third quarter, and “strong momentum” in the fourth quarter, the IMF said. File | Photo Credit: Reuters The International Monetary Fund has revised upwards its estimate of India’s GDP growth in the current financial year 2025-26 to 7.3% from its earlier prediction of…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India is expected to grow by 7.2% in the financial year 2025-26, with consumption and public investment expected to “largely offset” the impact of the tariffs by the United States, the United Nations Department of Economic and Social Affairs (UNDESA) said in a report. …