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Economy

August 6, 2025 2:42 PM

US tariff hike unlikely to impact Indian economy significantly: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the recent US tariff hike is not expected to have a major impact on the Indian economy, unless retaliatory tariffs come into play. Addressing a press conference following th...

August 6, 2025 12:44 PM

RBI retains India’s GDP growth forecast at 6.5% for FY 2025-26

The Reserve Bank of India (RBI) on Wednesday retained its GDP growth forecast for India at 6.5% for the financial year 2025-26, citing robust rural demand supported by a favourable monsoon and continued government expenditure on large-scale infrastru...

August 6, 2025 9:57 AM

Markets open flat ahead of RBI policy decision; Nifty, Sensex show cautious gains

Indian equity markets opened on a flat note on Wednesday as investors awaited the outcome of the Reserve Bank of India's (RBI) Monetary Policy Committee meeting. The BSE Sensex inched up 64 points, or 0.08 per cent, to trade at 80,774, while the...

August 6, 2025 10:34 AM

RBI keeps Repo Rate unchanged at 5.5% in August policy meet

The Reserve Bank of India (RBI) on Wednesday kept the repo rate steady at 5.5% during its August Monetary Policy Committee (MPC) meeting, citing favourable macroeconomic indicators and easing inflation. The decision was announced by RBI Governor Sanj...

August 5, 2025 4:11 PM

Indian stock market settles lower amid US tariff concerns

The Indian stock market closed in negative territory on Tuesday, as investors reacted cautiously to US President Donald Trump's fresh tariff threat and India’s strong response. The Sensex ended at 80,710.25, down 308.47 points or 0.38%. It ope...

August 5, 2025 12:45 PM

Indian services sector stays strong in July on surge in orders and global demand: HSBC PMI

India’s services sector continued its strong performance in July, buoyed by a steady rise in new business orders and increased international sales, according to the latest HSBC India Services Purchasing Managers’ Index (PMI). The seasonally adju...

August 5, 2025 10:29 AM

Sensex, Nifty slip mid fresh Trump tariff threat; all eyes on RBI MPC meet

Indian equities opened on a subdued note Tuesday amid fresh concerns over a threat by former US President Donald Trump to impose higher tariffs on India over its purchase of Russian oil. As of 9:30 a.m., the Sensex fell 199 points or 0.25% to 80...

August 4, 2025 5:32 PM

India’s chip market booming, set to hit $100-110 Bn by 2030

India’s semiconductor chip market is growing rapidly and is expected to hit $100-110 billion by 2030, as the world moves towards greater digitalization and automation. Being the backbone of modern electronics, semiconductors act as hidden brains t...

August 4, 2025 4:54 PM

GST Evasion of ₹7.08 Lakh Crore Detected Over Last Five Financial Years

Goods and Services Tax (GST) evasion amounting to ₹7.08 lakh crore has been detected in 91,370 cases over the last five financial years (2020–21 to 2024–25), the Parliament was informed on Monday. Of this, ₹1.79 lakh crore was related to Inp...

August 4, 2025 4:26 PM

Net direct tax collection surges after reduction of corporate tax rates: Minister

The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth, as there has been an overall increase in collections after reduction of the corporate tax rates with effect from Assessment year (AY)...

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