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S&P sees 12-14% credit growth in India despite rural stress risksS&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact...
World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
India may average 7.2% growth this fiscal despite H2 slowdown, potential seen at 8%, says economistIndia's economic growth is expected to slow down below 7 percent in the upcoming quarters. Despite this moderation, the overall growth for ...
World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
Double trouble at the dinner table: When will food prices normalise for Indians?India’s food inflation: Food prices are rising unevenly, impacting household budgets, while inflation is projected to persist in upcoming m...
Maharashtra imposes minimum 10% water cut in urban, rural local bodies from Oct 16 amid deficient monsoonMaharashtra will enforce a 10 percent reduction in water supply starting October 16 due to insufficient rainfall. The state has prioritized...
Auto sales surge in September, but GST base clouds the picture. Can stocks rebound ahead of Q2 results?India’s auto sector delivered a mixed September, with strong passenger- and commercial-vehicle sales offset by weak tractor and domestic tw...
Weakest monsoon since 2015 prompts ICRA to cut FY27 farm growth forecastIn 2026, the Southwest monsoon recorded rainfall at 87 percent of the long-period average, the lowest since 2015. ICRA has lowered its agri...
India power demand jumps 11% in September to record 269 GW peak amid deficit monsoonIndia’s power consumption rose 11.3% year-on-year to 162 billion units in September, driven by cooling and irrigation demand amid a deficit...
Fourth-lowest since 2001: Rainfall 13% below normalThe southern peninsula and East and Northeast India were particularly affected, receiving just 76% and 74% of their respective normal rainf...
Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
India braces weak October rains as El Nino drags monsoon to fourth-lowest since 2001India’s southwest monsoon ended with rainfall 12.6% below average, making it the fourth-lowest monsoon rainfall since 2001, according to th...
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentumCrisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and gover...
India's monsoon deficit widens to 12%; El Nino strengthens, positive IOD offers some relief: ReportEl Nino conditions have strengthened further, raising concerns over India's monsoon rainfall, even as a positive Indian Ocean Dipole (IOD) ...
12% deficit: Rain report gives a dry readingThe impact is showing in commodity markets: prices of several pulses are up amid crop concerns and festive demand. Maharashtra has declared...
India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: ReportIndia's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive deman...
Kharif data gives India a pleasant advance glimpse of the year's pickings; full picture a little while awayKharif cultivation this season has fallen from last year, but exceeded the five-year average despite lower rainfall. The number coming abov...
El Nino may turn 'very strong' by late 2026: IRI; experts see elevated risk for IndiaThe El Nino weather pattern is expected to strengthen significantly in late 2026 and early 2027. This development raises concerns over incr...
Delhi gets an early taste of winter at 21°C as September temperature hits 18-year lowOn Sunday, Delhi's weather took an unexpected turn as the temperature dipped to 21 degrees Celsius, which is three degrees below the averag...
India's monsoon deficit widens to 15%, strengthening El Nino poses farm risk: ReportIndia's monsoon rainfall deficit now stands at 15 percent, raising concerns about agricultural productivity. Kharif crop sowing is largely ...