The Economic Survey, which was recently presented in Parliament, also estimated headline inflation for FY26 at 4.2%, while for the current fiscal, it is expected to be around 4.8%.
Both the government and the RBI are currently so focused on their respective targets that they are losing sight of the fact that some flexibility might actually be a good thing.
A big source of uncertainty will be trade after Trump assumes office. However, within India, rural demand is likely to sustain momentum & inflation is less likely to be a big problem.
RBI has kept repo rate high & unchanged at 6.5% since February 2023 in an attempt to slow credit growth & thereby lower inflation. This has not come to pass, ThePrint’s analysis shows.
With Sanjay Malhotra at the helm, RBI could shift towards a more dovish monetary policy, but the conventional policy response of rate cuts will not be a given with rising pressure on rupee.
The Modi govt’s priorities are chillingly lopsided. Instead of stabilising the economy, Modi and his cohorts are busy spurring religious conflicts to win elections.
Investors are pricing in lower taxes and new trade tariffs under the Trump administration, measures seen as inflationary which could prompt Fed to curb easing of interest rates.
For India, IMF has maintained its growth estimate at 7% for 2024-25, followed by 6.5 per cent next year. Slowdown from 8.2% growth in 2023 is attributed to exhaustion of pent-up demand.
As we enter this Holi season of international relations, let's remember that strategy can always use a little colour. But, of course, this battlefield is not for the faint-hearted.
Karnataka’s liabilities have increased from 23.97 percent of GSDP in 2022-23 to 24.91 percent in 2025-26, the state's medium-term fiscal plan has shown.
In episode 1622, Editor-in-Chief Shekhar Gupta & Deputy Editor Snehesh Alex Philip discuss how China is now a dominant shipbuilding force, accounting for nearly 50% of global shipbuilding.
It is fashionable to curse Rajiv Gandhi for Bofors and more, but the truth is that 1985-89 was the only period in our history when weapons acquisitions were proactive and futuristic.
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