Real-time market updates from India's financial markets and global sources.
30 articles
The Reserve Bank of India hiked rates for the first time in nearly four years last week and shifted its stance, signalling more increases, while Governor Sanjay Malhotra on Tuesday said monetary policy cannot be seen as separate from financial stability, prompting traders to ramp up rate hike bets.
Economy-News-Economic Times
India's trade deficit with China has climbed to USD 105.93 billion in the initial nine months of this year. However, it is noteworthy that Indian exports to China saw a remarkable increase of 40.7 percent during this timeframe. Overall, bilateral trade has expanded by 25.4 percent, as China’s exports to India have also increased.
Economy-News-Economic Times
India’s employee attrition rose to 18% in 2026, up from 16.2% in 2025, even as salary budgets remained stable. Details here.
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The Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum payout of Rs 17,951 per eligible employee. The decision follows record freight loading and passenger traffic in 2025-26, while railway staff associations continue to seek a higher bonus ceiling.
Economy-News-Economic Times
India's 182-day and 364-day treasury bill yields climbed to 18-month highs at Wednesday's auction, while premiums over the RBI's 5.5% repo rate reached their highest levels since November 2022. Investors are factoring in further monetary tightening following the central bank's recent rate hike and hawkish guidance, market participants said.
Economy-News-Economic Times
Earlier this year, Canadian Prime Minister Mark Carney called for ‘middle powers’ to band together to deal with the death of the so-called rules-based order led by the US.
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Commerce and Industry Minister Piyush Goyal stated that India seeks to improve relations with China, ensuring fair deals. Bilateral trade between India and China reached USD 127.7 billion, which reflects significant growth in exports and imports. Furthermore, Goyal expressed concerns regarding the widening trade deficit and tightened FDI policies due to geopolitical tensions. India experienced supply chain vulnerabilities during Covid, leading to a focus on self-sufficiency.
Economy-News-Economic Times
Maharashtra's government has declared drought in over 305 talukas due to a severe rainfall deficit. Chief Minister Devendra Fadnavis announced that Rs 5,000 will be deposited in farmers' accounts before Diwali. Efforts are being made to prevent coercive loan recoveries from farmers facing hardships. A zero-tolerance approach is being enforced against unauthorized water extraction to ensure drinking supplies.
Economy-News-Economic Times
Piyush Goyal signals scope for renewed India-China economic ties, saying engagement must ensure fair terms, continuity and geopolitical stability.
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India is preparing a dedicated data centre policy to address concerns over electricity consumption and protect consumers from higher power bills, Minister of State for IT Jitin Prasada said on Wednesday. The move comes amid local protests against planned Amazon and Google projects over water, electricity and environmental concerns.
Economy-News-Economic Times
The IMF raised India’s 2026–27 GDP growth forecast to 7%, citing sustained domestic momentum. However, rupee depreciation has reduced its nominal dollar GDP, temporarily pushing India to sixth rank globally, behind the UK.
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The food index, comprising food articles under primary articles and manufactured food products, rose to 8.66% in September, compared with 7.05% in August.
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Wholesale prices in India rose significantly to 11.39% in September, driven by rising fuel and food costs. Retail inflation also increased to 5.54%, attributed largely to higher vegetable prices. Concerns remain over food inflation maintaining elevated levels due to factors like uneven monsoon rainfall and El Nino risks. Increased global commodity prices are further affecting food production costs and transportation expenses.
Economy-News-Economic Times
Economy-News-Economic Times
India's current account deficit is essentially a function of oil, gas and gold imports, and we have done nothing seriously to fix it, said Janmejaya Sinha, chairman of BCG in India.
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The Finance Ministry has unveiled an important amendment to the India-Mauritius Double Taxation Avoidance Agreement. Effective August 10, the new Principal Purpose Test seeks to curb potential abuses of tax treaty benefits. This allows tax authorities to examine claims more thoroughly, specifically targeting investment vehicles based in Mauritius, such as foreign portfolio investors and private equity funds, to maintain fair taxation practices.
Economy-News-Economic Times
At the Bloomberg New Economy Forum, Union Commerce and Industry Minister Piyush Goyal shed light on the promising future of India and the US's partnership. He expressed his belief in the strong bond that is expected to grow, while addressing fears regarding its effects on other nations. Goyal confirmed that this alliance is stable and poses no threats, fostering a hopeful view for the future of their relations.
Economy-News-Economic Times
RBI Governor Sanjay Malhotra said the central bank may take further steps to curb speculative forex trading and ensure orderly movement in the currency market. He said recent restrictions aim to support genuine hedging needs, not impose capital controls.
Economy-News-Economic Times
Union Minister Piyush Goyal met with Czech Republic Deputy Prime Minister Karel Havliček to discuss economic cooperation. He also had discussions with former UK Prime Minister Rishi Sunak regarding strengthening India-UK economic ties. The meetings emphasized collaboration in trade, investment, and technology partnerships between the nations involved. Goyal highlighted the importance of industry collaboration in enhancing economic relations and trade opportunities.
Economy-News-Economic Times
External Affairs Minister S Jaishankar indicated that India and the US are advancing their trade deal negotiations. Both countries are addressing outstanding issues, with officials working diligently to find resolutions. Jaishankar emphasized that the negotiations are complex due to competitive agreements being made by the US with other economies. He noted the significance of tariffs in relation to the US's efforts to reindustrialize its economy.
Economy-News-Economic Times
Finance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She mentioned that changes to these taxes are highly anticipated ahead of the Union Budget. Additionally, Sitharaman noted that the Reserve Bank of India is working to manage rupee volatility through specific measures. She emphasized the importance of maintaining strong economic fundamentals during these discussions.
Economy-News-Economic Times
Referring to the RBI’s latest measures, announced two days earlier, the finance minister said the rupee had held firm and had probably appreciated. These efforts from the RBI would continue not to fix the rupee, but it would instead want the rupee finds its own level, she said.
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National Investment and Infrastructure Fund CEO Sanjiv Aggarwal revealed plans to launch Avega Mobility, a $600 million electric bus platform, and sell a 40% stake in its power transmission unit, AnantGrid. nbsp;
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The pension regulator has asked the finance ministry to exempt National Pension System voluntary contributions from payment processing fees coming into effect on 15 October. nbsp;
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Persistent weakness in the rupee vs dollar is complicating the RBI's task as inflation approaches the top of its tolerance band.
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The IMF raised its FY27 growth forecast to 7%, joining the RBI, World Bank and OECD in upgrading their outlooks. But higher energy prices and global uncertainty remain risks.
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Driven by record SIP contributions, domestic investors are absorbing massive foreign sell-offs while foreign funds pivot to IPOs—yet one currency gap keeps the rupee under pressure.
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The IMF raised its 2026 global growth forecast, citing stronger-than-expected activity and AI investment. India’s growth outlook was upgraded for FY27 and FY28.
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The review will assess whether the reforms recommended by the GST Council are being implemented effectively and delivering their intended benefits to businesses. Among the key proposals is the removal of GST officers’ arrest powers, alongside measures to simplify procedures.
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The annual data exchange, starting July 2027, aims to help small businesses leverage lower import duties and resolve early operational hurdles following the trade pact's implementation.
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