Kharif output may see limited impact from monsoon deficit as sowi

India's current monsoon rainfall deficit may have a more limited impact on kharif output than feared earlier as the...

Direct tax collections rise 12% in Q1FY27, giving Centre fiscal b

Strong growth in direct tax collections and robust Goods and Services Tax (GST) and customs revenues have provided...

US GDP growth slows to 1.5% in Q2; consumer spending and AI inves

The US economy slowed more than expected in the second quarter of 2026, but strong consumer spending and continued...

Higher oil prices could push Fed to resume rate hikes later

Rising oil prices driven by recent geopolitical tensions could prompt the US Federal Reserve to resume interest rate...

July rainfall pick-up positive for farm growth, rural incomes des

A pick-up in monsoon rainfall during July is expected to support agricultural growth and improve rural incomes,...

Improving monsoon momentum may support kharif sowing, but regiona

India's southwest monsoon improved significantly in July, boosting hopes for a recovery in kharif sowing in the...

States' fiscal deficit likely to moderate to 3.4% of GSDP in FY27

States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27,...

Monsoon recovery to support kharif sowing as rainfall activity im

Improved monsoon momentum in July is expected to support the recovery of kharif sowing, while higher water...

India’s current account deficit to stand at 1.8% of GDP for FY27

India is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent...

Bank credit growth rises 15.9% in FY26, driven by retail

The domestic banking sector recorded strong credit growth in FY26, with non-food credit (NFC) rising 15.9 per cent...

Deficient monsoon may push inflation higher, impact CPI by 0.4%

A below-normal monsoon in 2026 could push inflation higher in India, with an estimated 0.4 per cent impact on...

Energy price pressures to drive CPI inflation to 4.5% in FY27: IC

Rising energy costs are set to push India's retail inflation to 4.5 per cent in FY27 fiscal year, marking a shift in...