Economy News
Retail Inflation Crosses RBI Red Line: October CPI Hits 6.09%, Highest Under New SeriesInflation has now risen every single month in 2026, climbing steadily from 2.74% in January, a ninth straight monthly increase under the new series.
Milk, Ghee, Soap, Cigarettes: India's Price Hike List Keeps Growing As Inflation BitesMilk, ghee, butter, detergents and cigarettes have become costlier across India, while commercial LPG and aviation fuel prices have also climbed, adding to the pressure on household and business budgets.
Job Boost For Andhra Pradesh: Kia To Create 12,000 Opportunities; Cognizant, LG And Google Bet BigCognizant's 25,000-job plan and fresh commitments from LG and Google bolster Andhra Pradesh's tech ambitions.
Nvidia Leadership Concerns, Oil Price Uncertainty Keep Markets On Edge: Seth R. FreemanSeth R. Freeman said oil prices remain difficult to predict as geopolitical developments could disrupt supplies through the Strait of Hormuz.
Moody's Hikes India's FY27 GDP Growth Estimate To 7% On Investment, Consumption DynamicsIn its Global Macro Outlook 2027-28, Moody's, however, said that near-term risks to growth persist as household consumption remains vulnerable to "intensifying and broadening price pressures", with headline inflation close to the upper end of the RBI's inflation target range.
India's Net Direct Tax Collections Rise 11.76% To Cross Rs 14-Lakh-Crore Mark In FY27India's net direct tax collections increased 11.76% to Rs 14.42 lakh crore as of November 10, 2026. Gross collections rose 14.02%, while refunds jumped 25.91%.
What's Hashpay? ED Takes Action Against Makers Of App That Promised 1% Daily ReturnsThe Enforcement Directorate has provisionally attached properties, a BMW car, and bank balances worth Rs 14.16 crore in the Hashpay case.
Treasuries Drop As Hot US Inflation Backs December Rate BetsThe consumer price index, excluding food and energy, rose 0.3% from a month earlier, according to Bureau of Labor Statistics data. Overall prices climbed 0.4%.
Fed's Logan Favors At Least Two Hikes, Says Pace Could QuickenFed officials left interest rates unchanged at their Oct. 27-28 meeting after raising them by a quarter percentage point in September. That was the first rate hike since 2023 as policymakers seek to cool inflation that has been above their 2% target for more than five years.
FPIs Return To India After Two Months As Global AI Rout Drives Rs 53,739 Crore InflowsThe global AI sell-off has made India an attractive destination for India, while the country's strong earnings growth and valuations of large-cap stocks have further impressed investors.
8th Pay Commission: What Maruti 800, Zen And WagonR Tell Us About The Next Spending CycleNilesh Shah of Kotak Mahindra AMC expects the pay revision to support premium consumption, with around 20 million government employees and pensioners potentially receiving salary arrears and higher pay.
Govt Brings Together DGCA, NITI Aayog, FSSAI In Rare Push For Sustainable Aviation FuelThe National Council on Sustainable Aviation Fuel (NC-SAF) will be co-chaired by Civil Aviation & Petroleum Secretary.
