WPI decline to spur domestic demand despite global volatility: PHDCCI
The fall in India’s wholesale inflation will boost domestic demand despite global economic uncertainties, industry body PHDCCI said on Thursday.
Read More
India can leapfrog in global manufacturing with innovation-led strategy: Accel report
Accel’s report highlights India’s chance to lead in advanced manufacturing, shifting from low-cost production to innovation. Sunrise sectors like precision engineering and EVs offer leadership potential with aligned policy, capital, and talent. The report emphasizes that competitiveness hinges on complex…
Read More
RBI may cut repo rate if GDP further declines: Report
The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls short of expectations and the US Federal Reserve begins aggressive easing in response to a weaker labour market, a report…
Read More
RBI likely spent $6B offshore in two weeks to boost rupee
This intervention, particularly in the non-deliverable forwards (NDF) market, aims to reduce volatility amid concerns about imported inflation.
Read More
S&P upgrades India’s rating after 19 years to ‘BBB’ on robust economic growth, better finances
S&P upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook after nearly 19 years, driven by robust economic growth and commitment to fiscal consolidation. The agency expects India’s economic expansion to normalize with solid consumer and public investment,…
Read More
Wholesale inflation slips into negative territory for the second time in 2025 at -0.58%
India’s WPI inflation slipped further to (-)0.58% in July 2025, the second consecutive month of decline, led by softer prices in food, fuel, and basic metals.Month-on-month, the index rose 0.39%, as gains in primary articles and fuel offset a marginal…
Read More