New Delhi, Jun 4 (KNN) India’s decision to limit the pass-through of rising global oil prices to domestic consumers has effectively acted as an implicit subsidy to households and businesses, former International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath said. Speaking to news agency ANI, Gopinath said the IndianContinue Reading
New Delhi, Jun 24 (KNN) India’s core sector growth slowed sharply to 0.5 percent in May 2026, marking the second-lowest expansion in 21 months and highlighting emerging pressures on domestic economic activity amid global uncertainties and weakening demand conditions. Eight Core Industries Hold Significant Weight According to dataContinue Reading
New Delhi, Jul 7 (KNN) The Competition Commission of India (CCI) is likely to undertake a market study of the digital economy to better understand the functioning of digital platforms and assess competition-related issues in the sector. CCI Plans Comprehensive Digital Economy Study The proposed study is expected to examineContinue Reading
New Delhi, Jul 14 (KNN) India’s creative economy is emerging as a key driver of economic growth, supported by the rapid expansion of the media and entertainment industry, digital platforms, and technology-led creative sectors, according to the Confederation of Indian Industry (CII). Creative Industries Gain Economic Significance Citing the UNCTADContinue Reading
New Delhi, Jul 22 (KNN) The government has said the value of the Indian rupee is determined by market forces and that the country’s macroeconomic fundamentals remain strong despite global uncertainties. Replying to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the rupee’s movementContinue Reading
New Delhi, Aug 3 (KNN) The Reserve Bank of India (RBI) is expected to keep interest rates unchanged at its Monetary Policy Committee (MPC) meeting on August 5, as economists see limited justification for an immediate policy move despite emerging inflation risks. A stable rupee, resilient domestic growth, and uncertaintyContinue Reading
New Delhi, Apr 15 (KNN) India’s wholesale price index (WPI)-based inflation jumped to 3.88% year-on-year (YoY) in March 2026 from 2.13% in the previous month, according to data released by Ministry of Commerce and Industry on Wednesday. The rise in WPI inflation reflects the impact of the West Asia crisisContinue Reading
