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India taps AI, ML to modernize national surveys, cut data delays, says minister

New Delhi, July 30 -- India has begun integrating artificial intelligence (AI) and machine learning (ML) into national surveys to improve data accuracy, timeliness, and field responsiveness, Rao Inder... Read More


IMF raises India's FY26 GDP growth forecast to 6.4%

New Delhi, July 29 -- The International Monetary Fund (IMF) on Tuesday raised its growth forecast for India for FY26 to 6.4%, up from 6.2% in its April projection. The revision came as part of the Fun... Read More


IMF dials up growth outlook, with caution

New Delhi, July 29 -- Resilience in large economies prompted the International Monetary Fund (IMF) to nudge its forecast for global growth higher on Tuesday, even as it warned that the recovery remain... Read More


FinMin report sees scope for further rate cuts as CPI dips

NEW DELHI, July 29 -- The finance ministry on Monday held out hopes of further interest rate cuts, citing muted core inflation, coupled with headline inflation falling well below the Reserve Bank of I... Read More


Easing inflation widens space for further rate cuts: Finmin June Economic Review

New Delhi, July 28 -- The finance ministry on Monday held out hopes of further interest rate cuts, citing muted core inflation, coupled with headline inflation falling well below the Reserve Bank of I... Read More


India's industrial production rises 1.5% in June, at slowest pace in 10 months

New Delhi, July 28 -- India's industrial production grew 1.5% annually in June, marking its slowest pace in 10 months, as mining and electricity output slipped into contraction, data released by the m... Read More


ADB lowers India's FY26 growth forecast to 6.5%

New Delhi, July 24 -- The Asian Development Bank (ADB) has trimmed its GDP growth forecast for India to 6.5% for FY26, down from its April estimate of 6.7%, due to concerns over the potential impact o... Read More


RBI highlights domestic resilience amid global headwinds

New Delhi, July 23 -- India's domestic economy held steady in June and July, showing resilience amid global macroeconomic uncertainty driven by geopolitical tensions and trade-related risks, the Reser... Read More


Centre likely to raise FY26 capex loan outlay after mid-year review

New Delhi, July 23 -- The Centre is considering a higher allocation for FY26 under its 50-year interest-free capital expenditure loan for states, the Special Assistance to States for Capital Expenditu... Read More


FY26 capex loan outlay may go up after review

New Delhi, July 23 -- The Centre is considering a higher allocation for FY26 under its 50-year interest-free capital expenditure loan for states, the Special Assistance to States for Capital Expenditu... Read More