New Delhi, Apr 15 (KNN) The International Monetary Fund (IMF) has raised India’s GDP growth projections for the next two fiscal years, reaffirming the country’s position as the world’s fastest-growing major economy despite global uncertainties arising from the ongoing West Asia conflict. Growth projected at 6.5 percent In its AprilContinue Reading
New Delhi, Apr 15 (KNN) India’s macroeconomic and financial sector fundamentals are well placed to absorb the impact of a potential oil price shock, although economic growth could moderate under a sustained high crude price scenario, according to S&P Global Ratings. Growth May Slow Under High Crude Scenario Continue Reading
New Delhi, Apr 15 (KNN) Non-banking financial companies (NBFCs) are expected to increase their reliance on bank borrowings in FY27, supported by relatively lower interest rates in the banking system, according to Crisil Ratings. The share of bank borrowings, which rose to 43 per cent in FY26 amid higher activityContinue 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
New Delhi, Apr 14 (KNN) Despite a sharp rise in global energy prices amid the ongoing West Asia conflict, the impact on India’s retail inflation has remained limited so far, according to a report by CRISIL Intelligence. The report noted that even after a month since the onset of theContinue Reading
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 14 (KNN) The Centre is likely to launch a low-cost credit card scheme for micro enterprises later this month, aimed at reducing borrowing costs and improving access to working capital. The initiative is expected to target small businesses registered on the Udyam Portal. Under the proposed scheme,Continue Reading
