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India's fiscal deficit touches 9.6% of full-year target in May

New Delhi, June 30 -- India's fiscal deficit reached 9.6% of the full-year target at the end of May, mainly due to a record Rs.2.87 trillion dividend received from the Reserve Bank of India. The fisc... Read More


India's fiscal deficit at 9.6% of FY27 target in May

New Delhi, June 30 -- India's fiscal deficit reached 9.6% of the full-year (2026-27) target at the end of May. The fiscal deficit, reflecting the gap between expenditure and revenue financed by borro... Read More


May industrial output grows 5.1% led by mfg

New Delhi, June 30 -- India's industrial output, as measured by the Index of Industrial Production (IIP), grew 5.1% year-on-year in May, led by a robust expansion in manufacturing and supported by str... Read More


India maps Rs.2 tn five-year bypass plan to unclog highways around 500 cities

New Delhi, June 27 -- The government is set to roll out an ambitious Rs.2 trillion plan to build a 10,000 km network of bypasses and ring roads around about 500 cities and towns over five years in a b... Read More


Goldman lifts GDP growth view to 6.8%

New Delhi, June 27 -- Investment bank Goldman Sachs raised its forecast for India's 2026 gross domestic product (GDP) growth by 30 basis points (bps) to 6.8%, lowered the inflation view by 20 bps to 4... Read More


India drives a Rs.2 lakh crore road bypass plan

new delhi, June 27 -- The government is set to roll out an ambitious Rs.2 lakh crore plan to build a 10,000 km network of bypasses and ring roads around about 500 cities and towns over five years in a... Read More


Goldman lifts GDP growth view for 2026 to 6.8%

New Delhi, June 27 -- Investment bank Goldman Sachs raised its forecast for India's 2026 gross domestic product (GDP) growth by 30 basis points (bps) to 6.8%, lowered the inflation view by 20 bps to 4... Read More


India drives a Rs.2 lakh cr road bypass plan

new delhi, June 27 -- The government is set to roll out an ambitious Rs.2 lakh crore plan to build a 10,000 km network of bypasses and ring roads around about 500 cities and towns over five years in a... Read More


Goldman Sachs upgrades India growth outlook as easing Gulf tensions cool oil risks

New Delhi, June 26 -- India's economic outlook has improved materially following the US-Iran peace deal, with lower crude oil prices reducing inflationary pressures, easing fiscal risks and strengthen... Read More


Railways to allow industry-designed wagons in push for more freight

New Delhi, June 25 -- Indian Railways plans to unveil a new wagon design policy within 15 days, allowing commodity-specific freight wagons tailored to industry needs as it seeks to increase rail's sha... Read More