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According to some analysts, the rupee’s biggest rally in seven years will give the Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the boost from the India-US trade deal. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its…
The government on Thursday said the Indian economy could expand at more than 7% in 2026-27, offering an optimistic outlook for the world’s fourth-largest economy at a time of growing uncertainty for global trade. The government has sought to mitigate the impact of US tariffs on the Indian economy by pursuing far-reaching policy reforms in…
ICRA said the government is likely to keep India’s fiscal deficit target for 2026-27 at 4.3% of GDP amid double-digit growth in capital expenditure. Union Finance Minister Nirmala Sitharaman will present her record ninth consecutive Union Budget on 1 February 2026. (@FinMinIndia) The Mumbai-based rating agency said in its budget-expectations note released on Friday that…
India’s trade deficit widened slightly last month, data showed, which showed that US exports actually increased in the current fiscal year despite 50% tariffs. An employee sitting on a ship carrying containers at Mundra port in Gujarat. (Reuters) Exports increased from $38.13 billion in November to $38.51 billion in December. Imports increased from $62.66 billion…
