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GROSS DOMESTIC PRODUCT REVISION
Unleash anime spirits: India must tap the fast-growing global animation market as part of its orange economy pushAnime's global appeal is skyrocketing, with international markets now driving over half of its revenue. This boom is fueled by streaming pl...- Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
- Kia India to raise vehicle prices by up to 2% from July 1Kia India on Thursday announced that it will increase prices across its vehicle portfolio by up to 2 per cent from July 1, 2026, citing ris...
- Duty tweaking required to boost domestic aluminium-based manufacturing: GTRIIndia's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties o...
- Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...
- US Stock Market: Warsh signals overhaul of policy communications, skips rate projection in major shiftFederal Reserve Chair Kevin Warsh signalled a possible overhaul of the US central bank’s communication strategy after declining to submit h...
- Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
- API prices fall as West Asia tensions ease, boosting Indian pharma sectorPrices for active pharmaceutical ingredients have seen a decline of five to ten percent, thanks to the calming geopolitical climate in West...
- Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDPIt expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...
- India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
- India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
- Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...
- India willing to let fiscal deficit widen to 4.8% of GDP: ReportIndia faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...
- World Bank Raises India's FY27 Growth Forecast to 6.6%India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US t...
- Indian banks better placed than APAC peers: Fitch on West Asia woesIndia's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...
- SEZ import relief to fast track chip projectsIndia's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality check...
- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
- India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain aheadIndia's economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robus...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
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