News
India must build buffers, cut import dependence to weather West Asia-like shocks: EAC-PM Chief
2+ hour, 16+ min ago (851+ words) India must map and monitor key economic vulnerabilities, particularly in areas such as energy, food, fertilisers, metals, and critical minerals, and proactively address both supply disruptions and price volatility to mitigate the impact of future West Asia-like crisis, a top…...
Difficult to achieve 4. 3% fiscal deficit in FY27 amid rising fuel, fertiliser prices globally: CEA Nageswaran
1+ day, 9+ hour ago (526+ words) Chief Economic Advisor V. Anantha Nageswaran on Saturday said India needs to create strategic buffers in the face of the "most difficult" energy shock that the country is facing amid the West Asia crisis. Nageswaran also said the rising prices of…...
Early days: Axis Banks Amitabh Chaudhry says banks on alert as macro, geopolitical risks evolve
2+ day, 3+ hour ago (617+ words) The risk hinges on how long oil prices remain elevated and supply disruptions persist; prolonged stress could amplify risks, said the MD & CEO of Axis Bank. Amid rising geopolitical tensions and macroeconomic uncertainty driven by a spike in crude oil…...
India stares at significant supply shock, rising inflation risk amid West Asia crisis: Finance Ministry
4+ day, 18+ hour ago (473+ words) The union finance ministry today said the Indian economy is facing the risk of "significant supply shock" and rising inflation in the wake of the West Asia crisis. The ministry also said El Nino is a concern. "While the West…...
Despite self-reliance thrust, India's trade deficit with China record high in FY26
5+ day, 3+ hour ago (326+ words) Fortune India Despite the government's push towards self-reliance in manufacturing to reduce India's dependence on import of critical industrial goods, the flow of goods from China into the country continues unabated in several key sectors including electronics, chemicals and machinery…...
West Asia crisis may not be short lived; high energy prices to push inflation to 5% in FY27: EY
5+ day, 6+ hour ago (260+ words) Fortune India EY today said the West Asia crisis may last beyond expectations of a "short lived" conflict pushing inflation to 5% this fiscal even as the agency maintains that India will remain the fastest growing major economy despite global slowdown…...
India risks under-delivering without deeper reforms: Bernstein's open letter to PM Modi
1+ week, 3+ day ago (358+ words) India's growth story could fall short of its potential unless long-pending structural reforms are accelerated, Bernstein said in an open letter to the Prime Minister Narendra Modi, warning against complacency despite recent macroeconomic gains. The letter acknowledged that policy choices…...
India's infrastructure growth remains strong despite global uncertainty: Crisil
1+ week, 6+ day ago (527+ words) India's infrastructure growth story remains firmly on track despite the ongoing West Asia crisis and broader global uncertainties, with multiple sectors continuing to'benefit'from strong policy support and domestic demand, according to Crisil Ratings.' The agency said India's progress toward the'Viksit…...
India's economy seen growing 6. 4% in 2026, 6. 6% in 2027: UN report
1+ week, 6+ day ago (397+ words) India's economy is projected to expand by 6. 4% in 2026 and 6. 6% in 2027, according to a new report released by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)." In its"Economic and Social Survey of Asia and the…...
Services cushion India's trade deficit as goods imbalance persists: NITI Aayog
2+ week, 56+ min ago (303+ words) Fortune India India's services sector is quietly acting as the primary buffer against a widening merchandise trade deficit, according to NITI Aayog's latest Trade Watch Quarterly report While merchandise trade continues to remain under pressure, a robust surplus in services…...