Economy
India Faces Deficit Risks as Weak June Monsoon Raises Inflation Warnings
A weak start to the southwest monsoon has left India with a 40% rainfall deficit…
Economy
Economy
Fuel Price Cuts Discussed as Indian OMCs Capture ₹8/Litre Petrol Margin
Indian Oil Marketing Companies are capturing a petrol marketing margin of around ₹8 per litre,…
Economy
KOSPI Triggers Circuit Breakers Amid Extreme AI and Semiconductor Volatility
The South Korean KOSPI index triggered temporary trading halts as intense volatility in heavyweights Samsung…
Economy
RBI Updates ECB Framework and Net Open Position Forex Calculations
The RBI has updated guidelines for External Commercial Borrowings (ECB) and Net Open Position (NOP)…
Economy
India Exports Touch Record $860B in FY26 as Government Recalibrates $1T Target
India's exports (merchandise + services) hit a record $860.09 billion in FY26, as the government…
Economy
Apple Closes Gap on Net Foreign Exchange in India with $21.5B iPhone Exports in FY26
Apple produced $26 billion worth of iPhones in India in FY26, with exports hitting $21.5…
Economy
Indirect Tax Growth: India’s May GST Collections Rise 3.2% to ₹1.94 Lakh Crore
India's gross GST revenue for May 2026 grew 3.2% year-on-year to ₹1.94 lakh crore, reflecting…
Economy
Commercial Inflation: Public OMCs Raise Commercial LPG Prices by ₹42 in Metro Cities
State-run oil marketing companies have increased the price of 19-kg commercial LPG cylinders by ₹42…
Economy
Central Banking: RBI Income Surges 26% to ₹4.3 Lakh Crore Driven by Foreign Assets
The RBI reported a 26% increase in income to ₹4.3 lakh crore for FY26, supported…
Economy
Fiscal Adjustments: Government Slashes Export Duties on Petrol, Diesel, and ATF
The Indian government has reduced export taxes on petrol, diesel, and aviation turbine fuel following…