Prime Minister Narendra Modi on Tuesday highlighted India’s reported 7.7% economic growth rate and urged political parties to ensure that parliamentary discussions during the Monsoon Session remain grounded in facts. In his customary remarks before the commencement of the session, Modi said India’s economic performance reflected the strength and resilience of the country’s economy while...
The Reserve Bank of India (RBI) has decided to keep the benchmark repo rate unchanged at 5.25% following the latest meeting of its Monetary Policy Committee (MPC), signaling a cautious approach as policymakers navigate a complex economic environment marked by inflationary pressures, global uncertainties, and currency volatility. The decision, announced after the MPC’s policy review,...
New Delhi: The Finance Ministry will commence the pre-budget exercise for the fiscal year 2026-27 from October 9, 2025, against a backdrop of geopolitical uncertainties and a steep 50 per cent US tariff on shipments from India. The upcoming budget is expected to focus on boosting domestic demand, generating employment, and steering the economy towards...