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Principal Secretary-2 to the PM, Shaktikanta Das, highlights India's 7.8% average GDP growth as a blueprint for navigating global volatility. With global risks tilted to the downside due to frequent geopolitical shocks, India's experience offers a model of navigating volatility through structural reforms, policy discipline, and innovation, Principal Secretary-2 to the Prime Minister of India Shaktikanta Das said on Thursday. The global economy has been grappling with persistent shocks, includi ...Read More >
NEW DELHI, April 9 (Reuters) - India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among econo ...Read More >
NEW DELHI: India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among economies most exposed to ...Read More >
New Delhi, April 9 (SocialNews.XYZ) India has consistently shown strong resilience during global crises, not just surviving them but transforming and emerging stronger each time, Shaktikanta Das, Principal Secretary to the Prime Minister, said on Thursday. Speaking at the AIMA National Leadership Conclave in the national capital, Das said that India's journey through turbulent times reflects its ability to grow despite challenges. "During every crisis, the country has not merely endured diffic ...Read More >
New Delhi : The 12th edition of India Rubber Expo (IRE 2026), Asia's largest rubber industry exhibition, currently underway at Bharat Mandapam, ITPO, New Delhi, continued to build strong momentum on its second day with notable dignitary visits, vibrant industry participation, and dynamic business engagement. Organized by the All India Rubber Industries Association, the four-day mega event (April 7-10) commenced with a grand inaugural ceremony graced by the Honourable Chief Minister of Delhi, Sm ...Read More >
* Programmes aligned with National Education Policy (NEP) 2020, emphasising flexible and technology-enabled higher education. * Designed for working professionals and aspirational learners seeking flexible, career-focused degrees without leaving their jobs. Noida, India | April 8th, 2026: Bennett University, backed by The Times Group, has launched Bennett Online, a dedicated Centre for Distance and Online Education, offering fully online MBA and online BBA programmes designed for India's growin ...Read More >
New Delhi, April 9: Railways are set to play a key role in driving India's economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said. As per the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight movement, indicating substantial growth potential. It highlighted that the sector is undergoing rapid transformation, driven by initiatives such as Dedicated Freight Corridors and near-complete electrification, which ar ...Read More >
Kolkata: On Wednesday, the World Bank has raised India's GDP growth rate projection for FY27 to 6.6%. This constitutes an upward revision that comes amid the West Asia crisis. In January, in its Global Economic Prospects report, the World Bank projected that India's GDP will grow by 6.5% in FY27. The rate of GDP growth in India has been pegged at 6% by Moody's and 6.1% by OECD (Organisation for Economic Co-operation and Development). The common factor for each of these organisations was the impa ...Read More >
Kolkata: India may exceed RBI's GDP growth projection for 2026-27, the chairman of the Economic Advisory Council to the Prime Minister, S Mahendra Dev, said on Wednesday. Speaking at an interactive session with members of the Bharat Chamber of Commerce in Kolkata, he expressed confidence that the economy could achieve 7% growth against the RBI's projection of 6.9%."I am more positive about growth and hoping for 7%. Last year we achieved 7.6%, but many said it would not exceed 7%. Our economy has ...Read More >
Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >
Chief Minister Omar Abdullah emphasized the integration of conservation with tourism for Jammu and Kashmir's 600+ heritage sites. He proposed engaging national and international agencies, forming a dedicated Heritage Authority, and promoting public-private partnerships to harness these sites' potential for cultural and economic growth. Jammu and Kashmir is setting its sights on transforming its rich heritage into a thriving engine for tourism and economic growth. With over 600 heritage sites sp ...Read More >
JAMMU, Apr 8: Chief Minister Omar Abdullah today chaired a meeting on Heritage Promotion and Cultural Tourism in Jammu & Kashmir to review measures for conservation and adaptive reuse of heritage assets aimed at boosting tourism in Jammu and Kashmir. The Chief Minister stressed the need to strengthen institutional mechanisms and develop heritage-based tourism circuits to position J&K as a premier cultural tourism destination. He underscored the importance of learning from national and internat ...Read More >
Jammu, Apr 08: Chief Minister Omar Abdullah on Tuesday chaired a meeting on Heritage Promotion and Cultural Tourism in Jammu and Kashmir to review measures for conservation and adaptive reuse of heritage assets aimed at boosting tourism in the Union Territory. He called for strengthening institutional mechanisms and developing heritage-based tourism circuits to position J&K as a premier cultural tourism destination. The Chief Minister underscored the importance of learning from national and int ...Read More >
India's elite surfers are set to compete in the inaugural Little Andaman Pro 2024, a key event for honing skills before the Asian Games and showcasing the nation's top surfing talent. Photograph: Ed Sloane/ReutersKey PointsThe inaugural Little Andaman Pro 2024, a national Surfing & Stand-Up Paddling championship, is set to begin in the Andaman & Nicobar Islands.Nearly 100 participants will compete in various categories, including men's and women's open surfing, SUP sprint, and SUP technical rac ...Read More >
Jaipur, Apr 8 (PTI) Rajasthan Chief Minister Bhajanlal Sharma on Wednesday expressed gratitude to Prime Minister Narendra Modi after the Union Cabinet approved the Jaipur Metro Phase-2 project and cleared the revised cost of the Pachpadra refinery. In a statement, Sharma said the approvals will give a major boost to the state's overall development. He said the Jaipur Metro Phase-2 project envisages a 41-km north-south corridor from Prahladpura to Todi Mod, which will connect key industrial and ...Read More >
Bhubaneswar, Apr 8 (UNI) Declaring the dawn of a transformative era, Chief Minister Mohan Charan Majhi announced that Odisha has embarked on its second industrial revolution, marking a decisive shift from promise to tangible prosperity. At a major event held in Bhuinpur under Begunia in Khordha district, the Chief Minister inaugurated and laid foundation stones for 36 industrial projects worth an impressive Rs.40,811 crore. The initiative underscores the state government's strong commitment to ...Read More >
Bhubaneswar, April 8 (SocialNews.XYZ) Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid the foundation stones for 36 industrial projects with investments worth Rs 40,811 crore at Bhuinpur near Begunia in Khordha. Of these, 25 projects were inaugurated, while foundation stones have been laid for 11. While addressing a public meeting on the occasion, the Chief Minister said that Odisha is no longer just a state with vast potential but is now experiencing the touch of prosperity ...Read More >
Global uncertainty is likely to linger in the near term, with crude oil prices emerging as a key risk factor for markets and the broader economy, according to Dhiraj Relli, MD & CEO of HDFC Securities. Speaking on the sidelines of "The Big Review" report launch in Mumbai, Relli said elevated oil prices are creating a cascading impact across inflation, interest rates, and corporate earnings, affecting economies worldwide. However, he remains hopeful that easing geopolitical tensions in West Asi ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): HDFC Securities on Wednesday released its 'The Big Review' report, stating that India's real GDP growth is expected to remain at 6-7 per cent, while nominal growth is expected to improve soon. Speaking at the event in Mumbai's St. Regis, Varun Lohchab, Chief Research Officer-Equities at HDFC Securities, said, "While the real GDP growth is expected to remain at 6-7 per cent, nominal growth will be better due to inflation improvements." Also Read | HC ...Read More >
Bhubaneswar: Odisha government has set another milestone, highlighting the state's strong commitment to industrial growth and timely implementation as Chief Minister Mohan Charan Majhi today laid the foundation stone and launched a total of 36 industrial projects at an investment of Rs 40,811 crore at Bhuinpur in Khurda district. Out of these, 25 projects have been launched and the foundation stone of 11 projects has been laid. On this occasion, the Chief Minister said that Odisha is no longer ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday expressed confidence that interest rates will remain low in the medium to long term, given the benign inflationary conditions. Addressing the media, in a post-monetary policy conference, Malhotra said the Indian economy is very strong, resilient and robust. "We are in a neutral state...possibility either way, any ways cannot be ruled out that low rates (would) continue for a long time," he said. Despite shocks, he said, the RBI is pro ...Read More >
India will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall growth is expected to slow initially but recover. However, global uncertainties and energy market disruptions pose risks. Countries need reforms to sustain growth and create jobs. Other South Asian nations show varied growth projections. World Bank expects India to remain the primary engine of growth in South Asia, projecting the economy to expand 7.6% in FY26, ...Read More >
President Donald Trump announced the U.S. reached a ceasefire with Iran for two weeks, just hours ahead of a deadline Trump imposed. April 8 (Reuters) - U.S. stock index futures climbed on Wednesday as investors breathed a sigh of relief after the U.S. and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume. The announcementcame less than two hours before U.S. President Donald Trump's deadline, in a shar ...Read More >
NEW DELHI, April 8 (Xinhua) -- India's central banking institution, the Reserve Bank of India (RBI), on Wednesday announced it has kept the repo rate unchanged at 5.25 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. "Consequently, the standing deposit facility (SDF) rate remains at 5.00 percent and the marginal standing facility (MSF) rate and the bank rate remains at 5.50 percent," an RBI statement reads. Meanwhil ...Read More >
Jaipur, Apr 8 (PTI) Prime Minister Narendra Modi will inaugurate the HPCL-Rajasthan refinery at Pachpadra on April 21 -- a project that is expected to redefine the economy of western Rajasthan and emerge one of the country's largest integrated refinery-cum-petrochemical complexes. The inauguration of the refinery marks the culmination of a project whose journey has stretched over a decade and multiple governments. The 9 MMTPA project, whose cost has now more than doubled to around Rs 80,000 cr ...Read More >
Mumbai: The Reserve Bank of India (RBI) has taken a cautious but balanced approach in its latest Monetary Policy Committee (MPC) meeting held on April 8, 2026, as it tries to support growth while keeping risks under control. The central bank has decided to keep the repo rate unchanged at 5.25 percent and continue with a neutral policy stance, signalling that it is watching both growth and inflation closely. India's economy showed strong performance in FY26, with real GDP growth estimated at 7.6 ...Read More >
New Delhi, Apr 8 (PTI) The Reserve Bank's decision to maintain status quo on interest rate is a calibrated approach to strengthen macro economic environment against the backdrop of global headwinds influencing economic sentiment, experts said on Wednesday. The Reserve Bank kept its key policy rate (repo) unchanged at 5.25 per cent, adopting a cautious wait-and-watch stance as policymakers assessed the fallout from the six-week Iran conflict on energy supplies, inflation and growth. Industry bo ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. Also Read | 8th Pay Commission News: Consultation Process Begins, Salary Hike Expected in FY 2026-27. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates u ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates unchanged as appropriate amid global uncertainty. She stated, "As per our analysis, if crude oil prices ...Read More >
BENGALURU: US stock index futures climbed on Wednesday as investors breathed a sigh of relief after the US and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume. The announcement came less than two hours before US President Donald Trump's deadline, in a sharp turnaround from his previous warning of wiping out "a whole civilization" if Tehran did not reopen the Strait of Hormuz, the narrow waterway that ...Read More >
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