ECONOMY


Moneylife Digital Team 15 July 2026
India has introduced the index of services production (ISP), its first high-frequency indicator to measure the output of the services sector. The new index is expected to improve economic monitoring, strengthen national income estimates and support evidence-based policymaking.   The launch...

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It is widely assumed that India will sustain a 7%-8% annual growth rate in gross domestic product (GDP) for the next few decades and will soon reach the upper-middle income category and even the high-income country category. On the surface, the momentum looks impressive. Sleek new expressways...

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Moneylife Digital Team 14 July 2026
India's wholesale price inflation accelerated to 9.87% in June from 9.68% in May, driven by higher prices of food articles, petroleum products, chemicals and basic metals, according to provisional data released by the Union ministry of commerce and industry on Tuesday. The All-India wholesale...

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Moneylife Digital Team 13 July 2026
The comptroller and auditor general (CAG) has flagged serious financial irregularities in the implementation of the Maharashtra government's flagship Mukhyamantri Majhi Ladki Bahin Yojana, pointing to excess expenditure of ₹3,541.16 crore, poor budget estimation, weak financial controls and the...

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Moneylife Digital Team 08 July 2026
The average cost of preparing both vegetarian and non-vegetarian meals at home increased in June due to a sharp rise in tomato prices, firm onion and edible oil prices and higher liquefied petroleum gas (LPG) cylinder costs, according to CRISIL Intelligence's latest Roti Rice Rate (RRR) report....

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KBS Sidhu 02 July 2026
I. The Applause Line At the IX US-India Strategic Partnership Forum (USISPF) Leadership Summit, the United States Ambassador to India, Sergio Gor, delivered a statistic designed to flatter both sides of the relationship. The US embassy in New Delhi, he announced, had facilitated US$20.5bn...

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Moneylife Digital Team 24 June 2026
S&P Global Ratings has projected that India's economic growth will slow to 6.6% in the fiscal year ending March 2027 from an estimated 7.7% in FY25-26, citing rising energy costs, expectations of a below-normal monsoon and slowing global growth.   In its latest report, Economic Outlook...

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Despite the obvious impact of the war in Iran, the only visible blot in the official narrative of stellar economic growth has been the 11%–12% slide in the Indian rupee. According to official data, India’s real gross domestic product (GDP) grew 7.7% in the quarter ending March 2026, while the...

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Moneylife Digital Team 17 June 2026
Central banks across the world are expected to continue increasing their gold holdings over the coming years as geopolitical tensions, economic uncertainty and a gradual shift away from the US dollar drive reserve diversification strategies, reveals the latest survey by the World Gold Council...

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Moneylife Digital Team 15 June 2026
India may be better prepared than in previous El Niño years to withstand the impact of a below-normal monsoon, aided by stronger reservoir levels, record foodgrain stocks and government contingency measures, but risks to agriculture, rural demand and food inflation remain, says a report by...

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Moneylife Digital Team 15 June 2026
The Union ministry of commerce and industry on Monday unveiled a revised wholesale price index (WPI) series with FY22-23 as the new base year, marking a significant overhaul of India's inflation measurement framework. The government also reported wholesale inflation of 9.68% for May...

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Once again, only after India has stumbled into a mini foreign-exchange crisis, is the government contemplating reforms. According to news reports, New Delhi is preparing measures to support the rupee and finance a widening current-account deficit. These may include reducing long-term...

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Moneylife Digital Team 05 June 2026
In a significant push to attract long-term foreign capital and deepen India's financial markets, the Union government on Friday announced a series of reforms that will make it easier for overseas investors to invest in Indian equities and government securities. The government has also granted a...

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Moneylife Digital Team 05 June 2026
The Reserve Bank of India (RBI) on Friday kept its benchmark repo rate unchanged at 5.25%, opting for caution amid growing uncertainty over the economic impact of the ongoing conflict in West Asia, rising crude oil prices and global supply disruptions.   Points that sum up the Monetary...

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Moneylife Digital Team 04 June 2026
Rising tomato prices, costlier cooking gas and higher edible oil prices pushed up the cost of preparing meals at home in May, increasing the burden on household budgets across the country, according to CRISIL Intelligence's latest ‘Roti Rice Rate (RRR)’ report. The report found that the cost of...

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Moneylife Digital Team 03 June 2026
The Reserve Bank of India (RBI) may have sold gold worth about US$12bn (billion) over the two weeks ended 22 May 2026 to strengthen its foreign currency reserves amid mounting pressure from the ongoing Middle East conflict, according to an analysis by Bloomberg Economics. RBI, however,...

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Moneylife Digital Team 02 June 2026
India’s industrial production grew 4.9% in April, marking the first reading under a revamped Index of Industrial Production (IIP) that shifts the base year to 2022-23. A double-digit jump in capital goods output and resilient manufacturing activity more than offset a deepening slump in...

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Moneylife Digital Team 01 June 2026
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged at its upcoming monetary policy committee (MPC) meeting, even as the central bank grapples with a rapidly depreciating rupee, rising imported inflation and heightened geopolitical uncertainty, says a research note from...

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Moneylife Digital Team 29 May 2026
The Reserve Bank of India (RBI) has projected India’s economic growth at 6.9% for FY26-27 while cautioning that geopolitical tensions, elevated energy prices, global trade uncertainty and financial market volatility could weigh on the outlook in the coming months.   In its ‘Annual Report...

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Dr TV Gopalakrishnan 26 May 2026
The continued depreciation of the Indian rupee raises an important question: Can the currency of a nation with one of the world’s largest economies, substantial gold holdings, large foreign exchange reserves, vast natural and human resources and one of the world’s biggest domestic markets...

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