Rupee appreciates by 39 paise to close at 86.95 against US dollar
In the Forex market, the rupee today appreciated by 39 paise to close at 86 rupees and 95 paise against the US dollar. The dollar index, which indicates US dollar’s…
India’s Growth Remains Resilient, But Inflation Risks Loom: Parliamentary Panel
R. Suryamurthy India’s economy is likely to sustain its position as the fastest-growing major economy, supported by robust capital expenditure and strong domestic demand, but inflationary pressures remain a concern,…
GST Council Faces Tough Choices as Revenue Warnings Cloud Reform Plans
By R. Suryamurthy Prime Minister Narendra Modi’s ambitious announcement from the Red Fort to unveil a major revamp of the Goods and Services Tax (GST) system by Diwali has sparked…
WPI inflation in negative zone for second straight month
AMN India’s wholesale price index (WPI)-based inflation stood in the negative zone at 0.58 per cent in July on an annual basis. This marks the second straight month of wholesale…
India’s Trade Deficit Widens to $11.72 Billion in July
Staff Reporter / New Delhi – India’s trade deficit has widened significantly, reaching $11.72 billion in July 2025, a substantial increase from the $10.10 billion recorded in the same month…
Recent US Tariffs to Have Only Short-Term Impact on Indian Exports: CEA
AMN Chief Economic Advisor (CEA) V. Anantha Nageswaran on Wednesday assured that the recent US tariffs on Indian exports will likely have only a temporary effect, with the impact expected…
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…