India’s Low Inflation Fuels Hopes of RBI Rate Cut
R. Suryamurthy A larger-than-expected fall in India’s headline inflation rate in July to an eight-year low has intensified speculation about a potential interest rate cut by the Reserve Bank of…
New Income Tax Regime to begin from April 2026
R. Suryamurthy India’s lower house of parliament on Monday approved a sweeping overhaul of the country’s income tax law, replacing the six-decade-old Income Tax Act of 1961 with a simplified…
Trump’s Reciprocal Tariffs May Strain US Economy Over Time: One World Outlook
The reciprocal tariffs imposed by US President Donald Trump may dampen slowly the US stock markets and economy as well. According to reports of One World Outlook, reciprocal tariffs imposed…
GST Data Shows 7.5% Growth, but Import-Driven Spike Masks Weak Domestic Demand
R. Suryamurthy India’s Goods and Services Tax (GST) revenue data for July 2025 may appear stable on the surface, but a closer look reveals troubling undercurrents that demand urgent policy…
Women Powering GST Growth: 20% of Taxpayers Include Female Members: SBI report
A Akhter India’s economic power is not just expanding in numbers—it’s becoming more inclusive. According to a new report by SBI’s Economic Research Department, out of over 1.52 crore active…
Streamlining GST Rates Could Destabilise India’s Fiscal Federalism
R. Suryamurthy As India inches closer to overhauling its multi-rate Goods and Services Tax (GST) structure, a new working paper from the National Institute of Public Finance and Policy (NIPFP)…
Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies
R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further interest rate cuts by the Reserve Bank of India (RBI)…
India’s WPI Inflation Falls to -0.13% in June 2025, Driven by Dip in Food and Fuel Prices
India’s Wholesale Price Index, WPI inflation dropped to (-) 0.13% in June, 2025, over the same period last year. The dip is primarily due to decrease in prices of food…
Chairing BRICS gives India leverage to foster economic cooperation among member nations
BRICS represents 39 percent of global GDP and 23 percent of global trade. It contributes 24 percent of foreign direct investment and 43 percent of global oil production. India is…
India Aims for $32 Trillion Economy by 2047: Piyush Goyal
AMN India’s policies are strategically structured to transform the nation from a four trillion dollar economy to a 32 trillion dollar economy by 2047, said Mr Piyush Goyal, Minister of…