Economy

New Delhi, Apr 14 (KNN) India’s strong macroeconomic fundamentals are expected to cushion the impact of a sustained spike in global oil prices, though economic growth could slow by up to 80 basis points (bps) if crude averages USD 130 per barrel in 2026, according to S&P Global Ratings. UnderContinue Reading

New Delhi, Apr 28 (KNN) India’s industrial output growth, measured by the Index of Industrial Production (IIP), slowed to a five-month low of 4.1 per cent in March 2026 from 5.2 per cent in February, according to official quick estimates released by the Ministry of Statistics and Programme Implementation (MoSPI)Continue Reading

New Delhi, May 13 (KNN) A structural flaw in the Goods and Services Tax (GST) framework is locking up nearly Rs 30 lakh crore in working capital and pushing millions of small businesses into a deepening liquidity crisis, according to public policy think tank Empower India. The organisation said theContinue Reading

New Delhi, May 25 (KNN) The Ministry of Statistics and Programme Implementation (MoSPI) has released its Flash Report for April 2026 on Central Sector Infrastructure Projects, revealing that 1,981 ongoing projects with a total revised cost of Rs 42.78 lakh crore are currently being tracked across 17 Central Ministries andContinue Reading

New Delhi, Jun 4 (KNN) Citigroup Chair and CEO Jane Fraser met Indian Prime Minister Modi to discuss India’s economic growth trajectory and investment landscape, and explore opportunities for the American banking major to deepen its support for the country’s key development priorities, according to a statement by Citigroup. PMContinue Reading

New Delhi, Jun 24 (KNN) The Centre has deferred the implementation of quality control norms for select categories of cross recessed screws for three years, offering relief to the fastener industry and MSMEs that had raised concerns over compliance challenges and supply disruptions. In a notification issued under the BureauContinue Reading