Real-time market updates from India's financial markets and global sources.
30 articles
A US official team will visit India from 1-4 June to discuss a bilateral trade agreement after prior negotiations. The interim agreement aims to enhance market access and cooperation across various sectors while addressing domestic sensitivities, particularly in agriculture.
mint - economy
Supreme Court has dismissed the online-gaming industry petitions against the government's retrospective tax demand of ₹1.5 trillion.
mint - economy
India and Canada are intensifying negotiations on their proposed trade pact, which is expected to significantly expand cooperation in goods, services, investments and technology, while strengthening supply-chain integration between the two economies.
mint - economy
The government plans to bring back standard pack sizes for edible oils on complaints that similar-looking pouches with different quantities and prices were making value-for-money comparisons difficult for buyers. The move aims to improve transparency and ease shopping choices.
mint - economy
In the last three years, Siddaramaiah led Congress government has heavily prioritised a ‘pro-poor; Universal Basic Income model, funded by tax restructuring and robust state GDP growth, to balance economic expansion with social equity
mint - economy
The government has advised state-run Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd, as well as privately owned Jio-bp Mobility, Nayara Energy and Shell to begin work on dispensing infrastructure for E20, E22, E25 and E30 fuels
mint - economy
The Insolvency and Bankruptcy Code completes a decade having resolved over 1,400 large corporate cases and helping halve gross bad loans in the banking system. The April 2026 amendments now usher in IBC 2.0.
mint - economy
The Insolvency and Bankruptcy Code framework's biggest achievement has been shifting power from defaulting promoters to creditors, altering borrowing and lending behaviour across the system.
mint - economy
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.
Economy-News-Economic Times
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.
Economy-News-Economic Times
The rupee fell to a record low of 96.96 on May 20. The fall in reserves also comes amid revaluation in gold reserves. Gold reserves fell by $4.5 billion to $114.7 billion, while foreign currency assets decreased by $2.8 billion to $543 billion in the week.
Economy-News-Economic Times
A trade agreement between India and the US is expected soon. US Ambassador Sergio Gor described the India-US relationship as the defining partnership of the 21st century. Technology, strategic trust, and economic cooperation are driving this bond. A US team will visit next month to finalize details. The TRUST initiative strengthens collaboration in advanced technologies.
Economy-News-Economic Times
India and Canada have launched a trade and investment forum to boost commercial engagement and enhance connectivity. Commerce Minister Piyush Goyal's visit also saw discussions on an ambitious economic partnership agreement. Separately, Goyal met with US business leaders in New York to expand trade, investment, and innovation partnerships.
Economy-News-Economic Times
The government has lifted SIFTI restrictions on India Infrastructure Finance Company Ltd. This change grants IIFCL more flexibility in financing infrastructure projects across various sectors. The company anticipates stronger growth and wider participation. This policy shift allows for faster credit expansion through new lending products.
Economy-News-Economic Times
Companies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are called zero coupon zero principal instruments. They are issued by not-for-profit organizations. This investment will happen through a Social Stock Exchange. This move aims to simplify compliance for companies. It also helps not-for-profit organizations raise funds for public welfare projects.
Economy-News-Economic Times
The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Reserve Bank of India continued pilot use cases. Initiatives included direct benefit transfers and public distribution system subsidies. The RBI also explored asset tokenisation and cross-border payment collaborations.
Economy-News-Economic Times
The data showed that exports grew by 12.7 per cent to USD 37.021 billion in April, registering the highest growth in the calendar year.
Economy-News-Economic Times
The initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat 2047 through greater financial empowerment, inclusion and trust in the financial system, the finance ministry said in a statement.
Economy-News-Economic Times
The IMD has retained its forecast for a below-normal monsoon in 2026, with El Nino expected to dominate the June-September season and rainfall likely at 90% of the long-term average. An HDFC report warns this could hurt farm output, raise food inflation and weaken rural consumption.
Economy-News-Economic Times
India's housing prices saw a significant rise. The All India House Price Index increased by 4.2 percent in the January-March quarter of 2025-26. This growth outpaced the previous year's expansion. Cities like Nagpur, Jaipur, Chandigarh, and Kanpur led this surge. Housing prices across Jaipur, Lucknow, and Pune also contributed to a 0.2 percent quarter-on-quarter increase.
Economy-News-Economic Times
As energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust financial health among corporations and banks, bolstered by proactive government investments, is set to fuel progress, the RBI said.
Economy-News-Economic Times
The Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a record $53.13 billion from forex reserves to support the rupee amid a 9.5% depreciation. RBI’s total foreign income rose 27% to ₹3.28 lakh crore, helped by higher returns from foreign securities, while domestic income increased 26% to ₹1 lakh crore due to higher interest on rupee securities.
Economy-News-Economic Times
The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail space in the current fiscal year. Additionally, the RBI is exploring the use of CBDC in cross-border transactions, signing MoUs and engaging in bilateral discussions for pilot projects.
Economy-News-Economic Times
Liquidity infusion through RBI’s open market purchases of government securities was also a factor for the expansion in the balance sheet
mint - economy
RBI cautioned that a prolonged escalation of the war could hurt growth momentum and rekindle inflationary pressures through surging crude oil prices, volatile commodity markets and disruptions in shipping routes.
mint - economy
Reserve Bank of India is reportedly reviving a decade-old plan to introduce polymer banknotes, with a pilot project expected soon. Here is what plastic currency is, why the RBI wants it and which countries already use it.
mint - economy
The statistics ministry has shifted the release of Q4 GDP data from 31 May to 7 June each year. This year, the data will be released on 5 June, since 7 June is a Sunday.
mint - economy
The transactions offer a snapshot into how wealthy private investors are locking in returns in larger positions as global stock indexes hit record highs despite geopolitical turmoil, fueled by enthusiasm for AI and rising corporate earnings.
mint - economy
India's power grid faces challenges as evening demand surges after sunset, leading to widespread outages. A shortage of thermal power and reliance on spot markets contribute to the crisis, particularly in northern and western regions, with demand predicted to rise further due to agricultural needs.
mint - economy
India's electric vehicle and stainless-steel sectors face rising nickel prices and supply uncertainties due to the West Asia war. The country's heavy reliance on nickel imports, particularly from Indonesia, poses risks of increased costs and planning uncertainties for manufacturers and consumers.
mint - economy
News content is aggregated from publicly available sources. WelthWest does not claim ownership.