India’s retail inflation climbed to 2.1% in August 2025, primarily driven by rising food prices, according to official data. The increase, though still below the Reserve Bank of India’s (RBI) 4% target, reflects emerging pressures on household budgets and signals that food price volatility remains a...
A report by Bank of Baroda (BoB) projects that India’s inflation could moderate to 3.1% in FY26, supported by the recent wave of GST rate cuts under GST 2.0. The tax reductions on essential items and consumer goods are expected to lower household expenses, ease supply...
The Indian government has set an ambitious goal of placing two public sector banks (PSBs) among the world’s top 20 banks by 2047, coinciding with the country’s centenary of independence. The plan reflects India’s broader economic vision of building globally competitive financial institutions that can match...
Indian bankers believe that the double tailwinds of festive season demand and GST rate cuts under GST 2.0 will help cushion the impact of steep U.S. tariffs on Indian exports. While concerns remain over external shocks, strong domestic consumption and tax rationalization are expected to provide...
Former Reserve Bank of India (RBI) Governor C. Rangarajan has sharply criticized certain economic policies of U.S. President Donald Trump, calling them “self-destructive” for the U.S. itself. Speaking on the fallout of the ongoing tariff war with India, Rangarajan argued that protectionist policies not only harm...
A key UK Parliament committee has opened an inquiry into the impact of the proposed India-UK Free Trade Agreement (FTA), reflecting the high stakes involved in what could be one of India’s most significant bilateral trade deals. The inquiry will assess the FTA’s implications on trade,...
The government’s flagship PM Vishwakarma scheme is set to enter its next phase, with a stronger focus on credit access and marketing support for artisans and craftsmen. The initiative aims to empower traditional workers by providing not only financial assistance but also the tools to expand...
The government has clarified that the latest GST rate cuts under GST 2.0 should be viewed as a structural reform aimed at strengthening India’s tax system, not as a short-term stimulus measure. By rationalizing rates and simplifying slabs, the reform intends to boost affordability, reduce litigation,...
Core Integra Consulting Services, a compliance and workforce solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its NSE SME IPO. The move underscores the growing momentum in India’s SME IPO market, which continues...
Core Integra Consulting Services, a compliance and workforce solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its NSE SME IPO. The move underscores the growing momentum in India’s SME IPO market, which continues...
India’s deposit rates have hit rock bottom, raising crucial questions about their impact on credit growth, bank margins, and overall financial stability. While lower deposit costs ease borrowing rates and may encourage lending, they also risk discouraging household savings and pressuring banks’ ability to attract fresh...
Fullerton Financial Holdings (FFH) has reentered the Indian market with a ₹2,000 crore investment in Lendingkart Finance, marking a significant vote of confidence in India’s fast-growing digital lending ecosystem. The deal signals the growing global interest in Indian fintech-NBFC partnerships, particularly in the MSME financing segment,...
India’s trade deficit narrowed to $26.1 billion in August 2025, even as gold imports surged amid festive-season demand. While exports showed modest resilience in select sectors, higher inflows of gold added pressure on the import bill. Analysts suggest that a combination of rising consumer demand, stable...
India’s current growth momentum is being driven primarily by domestic consumption, according to Yes Bank’s Chief Economist. Despite global headwinds such as U.S. tariff shocks, volatile capital flows, and geopolitical tensions, India’s resilient consumer demand is acting as the bedrock of its economic expansion. The outlook...
The Central Board of Indirect Taxes and Customs (CBIC) will hold consultations with industry associations and trade bodies to ensure a smooth rollout of the GST 2.0 reforms. The initiative aims to address implementation concerns, enhance clarity on compliance, and avoid disruptions in supply chains as...
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