The government has reduced customs duties on crude and refined edible oils, aiming to lower retail prices and stabilize domestic markets amid global supply volatility.
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Prime Minister Narendra Modi is likely to visit Canada in December, a move that adds urgency to stalled free trade agreement talks between the two nations.
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The Reserve Bank of India official stated that current macroeconomic indicators support a move toward a stronger currency, citing stable inflation and robust external buffers.
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Indian government securities traded with minimal volatility on Wednesday as market participants focused on crude oil trends ahead of the Reserve Bank of India’s monetary policy decision.
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India’s GDP growth led EMs in August, but global headwinds and domestic policy uncertainty could temper the surge.
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Global rating agencies have revised upward their fiscal 2027 GDP projections for India, citing robust first-quarter data and sustained domestic demand.
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Composite business activity expanded to 56.5 in September, driven by a sharp recovery in manufacturing output and new orders, according to S&P Global data.
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New Delhi is accelerating bilateral agreements to secure supply chains and markets amid rising geopolitical and economic volatility in 2026.
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Finance Minister Nirmala Sitharaman presented the annual economic assessment to Parliament, highlighting growth targets and fiscal discipline.
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The latest Economic Survey, released on Sept. 22, forecasts a 6.8% rise in GDP, a tighter fiscal deficit and a surge in artificial‑intelligence investment, reshaping India’s growth narrative.
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