Stay updated with the latest economist news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on economist topics.
BENGALURU, April 9 (Reuters) - India's annual inflation likely rose modestly in March to 3.48%, according to a Reuters poll of economists, as a fall of around 11% in gold prices last month partly offset a surge in fuel prices in the wake of the Iran war. While food price rises were modest, the U.S.-Israeli war on Iran which began on February 28 prompted a jump in global oil prices and severe fuel shortages in India, the world's most populous country. But retail price rises have been mostly sta ...Read More >
New Delhi [India], April 8 (ANI): Economists and industry leaders on Wednesday largely backed the Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent, saying the central bank's cautious approach is appropriate amid global uncertainties and rising energy prices. Experts said the move reflects a balancing act between controlling inflation and sustaining economic growth. Dipti Deshpande, Principal Economist at Crisil Ltd, said the RBI's decision to maintain the polic ...Read More >
MUMBAI: The Reserve Bank of India kept its key policy rate unchanged on Wednesday while warning of lower growth and higher inflation as the Middle East crisis reverses a "Goldilocks" phase for the South Asian economy. Overnight, the U.S and Iran announced a two-week ceasefire in hostilities after more than a month of fighting, which pushed oil prices sharply higher and disrupted the supply of gas to economies the world over. India, which imports 90% of its oil supplies, is seen as among the mo ...Read More >
New Delhi [India], April 8 (ANI): The Reserve Bank of India is set to announce its first bi-monthly Monetary Policy Statement for the financial year 2026-27 today. Governor Sanjay Malhotra will deliver the decisions of the six-member Monetary Policy Committee at 10 this morning. The committee deliberated on interest rates, inflation outlook, and growth projections since Monday. Speaking to ANI, experts indicated a strong consensus for a status quo on the current repo rate, with most suggesting ...Read More >
BENGALURU, April 8 : The Bank of Korea will keep its key interest rate unchanged at 2.50 per cent on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact of the Iran war on domestic cost pressures. Since the start of the U.S.-Israeli strikes on Iran, oil prices have increased over 50 per cent, raising risks to both growth and inflation. South Korea is the world's fourth-largest importer of oil with around 70 per cent coming from the Gulf region. At ...Read More >
Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >
New Delhi: India's services sector expanded at its slowest pace in 14 months in March, as the West Asia war weighed on demand while input costs climbed at the fastest rate in 45 months, showed a private survey released Monday. The HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, dropped to 57.5 in March from 58.1 in the previous month, still remaining firmly above the long-term average of 54.4. A reading above 50 indicates expansion. Coupled with manufacturing growt ...Read More >
India's Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has triggered a severe energy shock, driving the Indian rupee to record lows beyond 95 per U.S. dollar and pushing 10-year government bond yields to nearly 7.14% -- their highest point in almost two years. After delivering 125 basis points in cumulative rate cuts throughout 2025, th ...Read More >
Mumbai: India's central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets. Instead, the focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check, economists and traders said. Also Read: RBI may keep rates unchanged, focus on rupee stabili ...Read More >
MUMBAI, April 6 (Reuters) - India's central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the South Asian economy and has battered its currency and bond markets. Instead, the focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check, economists and traders said. All but two of 71 economists in a March 23- ...Read More >
MUMBAI, April 6 (Reuters) - India's central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran , which threatens the South Asian economy and has battered its currency and bond markets. Instead, the focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check, economists and traders said. All but two of 71 economists in a March 23 ...Read More >
In a notable development, The Reserve Bank is reported to likely keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis continues to nurture inflationary fears. The continuing geopolitical tensions in West Asia have resulted in increased volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows. As per economists interviewed by PTI, these developments have unprecedentedly compl ...Read More >
Mumbai, April 5: The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy will ...Read More >
MUMBAI: The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy will be keenl ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
Facing renewed pressure on the rupee and heightened global uncertainties amid the ongoing conflict in the West Asia, the Reserve Bank of India (RBI) is widely expected to keep policy rates unchanged in its upcoming monetary policy review and keep the stance unchanged, according to a poll of ten economists. External Shocks The Monetary Policy Committee (MPC) is scheduled to announce its decision on April 8. At its last meeting, the six-member body had unanimously retained the repo rate at 5.25% ...Read More >
Guwahati, April 4: Assam Jatiya Parishad (AJP) candidate from Guwahati Central, Kunki Chowdhury, has filed a complaint at Panbazar Police Station alleging the circulation of defamatory deepfake videos aimed at tarnishing her image ahead of the Assam Assembly elections. In her complaint addressed to the Officer-in-Charge of the Panbazar Cyber Police Station, Chowdhury stated that "several unidentified individuals operating through multiple social media accounts have created and circulated manipu ...Read More >
NEW DELHI: Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do whenever required as we ha ...Read More >
Mumbai: Bank economists have told the Reserve Bank of India (RBI) at a pre-policy meeting that there is no immediate need to either raise the repo rate or change the stance, provided inflation remains within the central bank's tolerance band, multiple participants in the discussions told ET. They also added that RBI has alternative tools to manage currency pressures and is unlikely to resort to a rate hike, unless the impact becomes visible in inflation, one economist said. Discussions at the ...Read More >
Bhubaneswar, Mar 31 (PTI) Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26 ...Read More >
NEW DELHI : The country's industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per cent in Feb, a tad higher than the upwardly revised 5.1% in Jan. The manufacturing sector rose 6 per cent in Feb, higher than 2.8 per cent in Feb last year and above ...Read More >
New Delhi: The Centre's fiscal deficit in the first 11 months of current financial year touched 80.4% of the annual target, compared with 85.8% a year ago, as net tax revenue improved in recent months while revenue spending growth remained subdued, official data released on Monday showed. In absolute terms, the fiscal deficit between April 2025 and February 2026 stood at ₹12.53 lakh crore against ₹13.47 lakh crore a year ago. The government has pegged the 2025-26 fiscal deficit at ₹15.58 lakh c ...Read More >
New Delhi: India's industrial production growth rose 5.2% year-on-year in February from 5.1% in January, supported by a favourable base and healthy manufacturing output, official data released Monday showed. The Index of Industrial Production (IIP) had expanded 2.7% in February 2025. Economists expect growth to moderate in March amid the impact of the Gulf conflict, with ICRA estimating expansion at 3-4% and India Ratings and Research (Ind-Ra) projecting 3.9%. "The growth will decelerate in M ...Read More >
NEW DELHI, March 12 (Reuters) - India's retail inflation rose to 3.21% year-over-year in February, driven by higher prices of food, personal care products and precious metals, government data showed on Thursday. The key price gauge stayed below the Reserve Bank of India's target of 4% and within its tolerance band of 2%-6%, even though soaring oil prices due to the Iran war have raised risks for higher inflation in Asia's fifth-largest economy. A Reuters poll had projected inflation at 3.1%. T ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Ea ...Read More >
New Delhi: With the strong domestic demand that played a key driver for new orders and production, India's factory activity expanded at its fastest pace in four months in February, although export growth cooled to its slowest rate in nearly a year-and-a-half, a private survey showed on Monday. The survey showed that the seasonally adjusted HSBC India manufacturing purchasing managers' index or PMI rose from 55.4 in January to a four-month high of 56.9 in February. In the PMI parlance, a print a ...Read More >
New Delhi: The Indian economy is expected to record around 7 per cent growth in the current fiscal, slightly higher than 6.6 per cent projected by the International Monetary Fund (IMF) in October, said Gita Gopinath, former chief economist of the Washington-based International Monetary Fund. The IMF in October, however, revised upwards India's GDP growth forecast for the current fiscal to 6.6 per cent compared to its earlier estimate of 6.4 per cent on the back of strong growth, offsetting the ...Read More >
India is actively seeking a larger role in global supply chains as companies shift manufacturing. IMF Chief Economist Gita Gopinath highlights the need for reforms in land acquisition and labor. Skill development is also crucial for economic growth. India is working to capture a larger share of global supply chains as companies diversify away from traditional manufacturing hubs. Speaking to Times Network, IMF Chief Economist Gita Gopinath said, "India has made improvements in physical infrastru ...Read More >
New Delhi, Dec 17 (UNI) Gita Gopinath, Economist and former First Deputy Managaing Director of IMF , underscored that both India and the US "must engage constructively to negotiate tariffs" at a time when global trade is being reshaped by geopolitics and national security concerns. Gopinath said the world economy has entered a phase where trade policy is no longer driven purely by economics, but increasingly by strategic and security considerations. Focusing on India's trade strategy, she said ...Read More >
The rupee is expected to weaken further, reaching 92-94 against the dollar by June 2027. Experts believe this is not a cause for alarm given India's strong foreign exchange reserves. Investment commitments from foreign firms and manageable balance of payments support the currency's fundamentals. Challenges stem from speculative aspects and foreign investor sentiment. Mumbai, Axis Bank chief economist Neelkanth Mishra on Tuesday said the rupee is likely to depreciate further, and there is no nee ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.