Last Updated: October 29, 2026

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  • Tag: India economy

    Government Raises Petrol Export Duty to ₹2.5 per Litre, Cuts Diesel Duty to ₹8.5

    The government has increased the export duty on petrol from ₹0.50 to ₹2.50 per litre and reduced the duty on diesel from ₹16 to ₹8.50 per litre. Both changes took effect on October 16 as part of the regular review of petroleum export duties.

    Sugar Prices May Decline Further Ahead of Dussehra and Diwali, Says ISMA

    ISMA says the government and sugar industry are working to maintain affordable sugar prices and adequate supplies during Dussehra and Diwali.

    Oil Price Surge Not A Macro Crisis For India Amid Low Inflation, Strong Forex Reserves

    : Rising crude oil prices have raised concerns for India, but strong forex reserves, low inflation and a manageable current account deficit provide a buffer against the oil shock.

    “India Brings a Large and Growing Market”: EAM Jaishankar at BRICS Business Forum

    External Affairs Minister S Jaishankar highlighted India’s large and growing market, expanding manufacturing capabilities and strong talent pool at the BRICS Business Forum.

    Ethanol Blending Decision Hurting Common People, Disrupting Sugar Supply: Ashok Gehlot

    Ashok Gehlot criticised the Centre's ethanol blending policy, alleging that it is affecting sugar availability and adding to the financial burden on common people.

    Target $10 Trillion GDP for Viksit Bharat

    If India is to realise the vision of ‘Viksit Bharat 2047’ in its true sense, the country will need to significantly expand the size of its economy, with the Gross Domestic Product (GDP) required to reach at least $10 trillion. Former diplomat Mohan Kumar, in an opinion article published by The Jerusalem Post, said that.

    India’s Industrial Production Grows 7.3% in June, Manufacturing and Electricity Sectors Drive Growth

    India recorded a strong industrial growth of 7.3% in June 2026, with manufacturing expanding 7.8% and electricity and gas supply witnessing 10.6% growth, according to government data.

    India’s Wholesale Inflation Rises to 9.87% in June; Fuel and Mineral Oil Prices Drive Surge

    India's Wholesale Price Index (WPI) inflation increased to 9.87% in June on a year-on-year basis, with fuel, crude petroleum and mineral oil prices contributing to the rise.

    India Auto Industry Records Best-Ever June, Retail Sales Cross 25.57 Lakh Units: FADA

    New Delhi: India’s automobile retail market registered its best-ever June performance, with total vehicle sales reaching 25,57,234 units, reflecting a 21.83 percent year-on-year (YoY) growth and a 1.03 percent increase over May, according to data released by the Federation of Automobile Dealers Associations (FADA) on Monday. Passenger Vehicles and EVs Drive Record Growth Passenger vehicle.

    Expert Sees India Sustaining High Economic Growth Amid Global Uncertainty

    India is expected to remain among the world’s fastest‑growing major economies despite geopolitical tensions, uncertainty around artificial intelligence (AI) spending and sustained foreign investor outflows, Seth R. Freeman, Senior Managing Director at GlassRatner Advisory & Capital Group, has said.

    India Needs 7-8% Annual Growth to Achieve Viksit Bharat Goal by 2047: EAC-PM Chairman

    New Delhi: India needs 7 to 8 per cent growth to become Viksit Bharat by 2047, which needs more investment from the private sector as well as strong export growth, Mahendra Dev said on Tuesday. Private investment and exports key to growth Speaking to reporters on the sidelines of a FICCI India event here, he said.