Topic
India Economy
24 stories related to this topic, newest first.
opindia.comfinance23 days ago
India's foreign exchange reserves reach lowest level in over one year
India's foreign exchange reserves declined to $651.5 billion in the week ending May 23. The central bank intervened in currency markets during the same period.
thehindu.comworld23 days ago
Rupee Decline Prompts Investor Questions on Indian Companies' Currency Strategy
The rupee's continued decline has led investors and analysts to increase pressure on Indian company executives regarding their foreign-exchange management. The development follows a period of sustained currency weakness.
news.google.comfinance27 days ago
India Officials Discuss Economic Issues Over Oil Prices
Senior Indian government officials issued statements on economic conditions as oil prices increased. Markets and the rupee showed movement while growth forecasts faced pressure.
thehindubusinessline.comfinance37 days ago
India's April Trade Deficit Widens to $28.38 Billion on Higher Energy Imports
India's trade deficit jumped to $28.38 billion in April, exceeding economists' expectations of about $26 billion. Exports rose 13.8 percent from a year earlier to $43.56 billion, but higher oil and gas prices drove imports sharply higher, OilPrice.com reported.
etftrends.comworld37 days ago
India Gold Imports Slow Under New Currency Rules
India's gold imports have begun to slow as banks and bullion traders adjust to new restrictions imposed to support the rupee. The measures were introduced after the currency weakened in recent weeks. Trade data and industry sources indicate reduced shipments in the first half of…
Forbesfinance37 days ago
India Advances Electrification at Lower GDP per Capita Than China
A new analysis from Ember finds that India is generating more solar electricity and electrifying transport faster than China did at equivalent levels of economic development. Solar accounted for about 9 percent of India's electricity generation in 2025.
dnaindia.comworld38 days ago
India Government Tightens Curbs on Foreign Capital Outflows
India's government has intensified measures to limit foreign capital outflows and protect the economy from effects of the Iran war. The steps include further restrictions on overseas investments and transfers. Officials are also monitoring currency markets and liquidity condition…
indianexpress.comfinance39 days ago
India Gold Trades at Record $200+ Discount to Global Prices After Import Duty Increase
Gold in India is trading at a record discount exceeding $200 per ounce following a surge in local prices driven by import duties. A bullion dealer said the discounts emerged directly after the duty impact pushed benchmark prices higher. The development marks an extreme divergence…
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thehindu.comfinance39 days ago
India Commits $4 Billion to Coal-to-Synthetic Gas Conversion Program
New Delhi announced a roughly $4 billion initiative on May 13, 2026, to expand industrial conversion of coal into synthetic gas and chemicals. The program aims to cut India's reliance on imported fuels and strengthen foreign exchange reserves. The move reflects ongoing efforts to…
JA
Cnbcscience39 days ago
India Raises Import Duties on Gold and Silver to 15%
The Indian government has increased import duties on gold and silver to 15 percent. Officials said the move aims to reduce bullion purchases and protect foreign exchange reserves amid a weakening rupee, higher oil prices and geopolitical tensions. Industry groups stated the highe…
The Free Pressfinance39 days ago
Russia-Ukraine Cease-Fire Expires; Fighting Continues
A three-day U.S.-brokered cease-fire between Russia and Ukraine expired with continued fighting and civilian deaths reported. Russian Foreign Minister Sergei Lavrov said peace talks are stalled. Separately, India more than doubled import duties on gold and silver to 15 percent to…
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rediff.compolitics41 days agoUpdated
Modi Urges Indians to Work From Home, Cut Gold Purchases and Limit Foreign Travel
Prime Minister Narendra Modi called on citizens to revive remote work, carpool, cut fertiliser use in half and stop buying gold for a year to conserve fuel and foreign exchange. The appeal came as the closure of the Strait of Hormuz for more than two-and-a-half months has driven…
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Substrate placeholder — needs reviewpolitics41 days ago
Modi Calls for Reduced Fuel Use and Gold Imports
Prime Minister Narendra Modi called on citizens to adopt austerity measures to conserve fuel and foreign exchange as the Iran war disrupts global oil supplies. Speaking in Hyderabad, he framed responsible daily choices as a form of patriotism. The appeal comes as India's rupee hi…
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dnaindia.comworld41 days ago
India's Prime Minister Urges Citizens to Avoid Gold Purchases for One Year
India's prime minister has called on citizens not to buy gold for a year, reduce fuel consumption and conserve foreign exchange reserves amid the ongoing war between the United States, Israel and Iran. The appeal comes as the conflict enters its 73rd day with diplomatic efforts s…
AJ
dnaindia.compolitics41 days agoUpdated
Modi Urges Indians to Cut Gold Purchases and Fuel Use
Prime Minister Narendra Modi called on Indians to stop buying gold for a year, work from home, limit foreign travel and reduce fertilizer use by up to 50 percent. The measures aim to conserve foreign exchange as the ongoing Middle East conflict disrupts oil supplies through the S…
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indiatoday.intoday.inpolitics42 days ago
Indian Prime Minister Narendra Modi Urges Citizens to Reduce Fuel Consumption
Indian Prime Minister Narendra Modi appealed to citizens to cut fuel use and avoid unnecessary travel. The request comes as rising oil prices linked to the Iran war threaten to increase the country's import bill and strain foreign-exchange reserves. Officials are seeking to limit…
Nbc Newsworld42 days ago
Diet Coke Parties Gain Popularity in India Amid Aluminum Can Shortage
Shortages of aluminum cans have led to limited availability of Diet Coke in India, where the drink is not sold in plastic bottles. A marketing consultant in New Delhi organized a sold-out party on April 26 to celebrate the beverage, drawing around 150 attendees. A second event is…
indianexpress.comfinance46 days ago
PepsiCo Expands Low- and No-Sugar Beverages to Over 50% of India Portfolio, Targets 90%
PepsiCo said more than 50% of its beverage portfolio in India now comprises low- to no-sugar offerings and aims to reach 90%. The shift comes as viral videos have targeted products from Bournvita, Dabur's Real juice and Coca-Cola's Mazaa, prompting regulatory action and company r…
indiatoday.intoday.infinance47 days ago
Gold and Silver Prices Rally in India Amid Easing West Asia Tensions and Weaker U.S. Dollar
Gold and silver prices rose in India, aligning with global market trends. The increase followed reduced tensions in West Asia and a weaker U.S. dollar that boosted demand. The development was reported by financial news sources.
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montrealgazette.comfinance54 days ago
Mitsubishi UFJ Financial Group Plans Real Estate Lending and Forex Expansion in India
Japan's largest bank, Mitsubishi UFJ Financial Group, will begin lending to real estate firms in India and expand its foreign exchange derivatives business there. The move follows its $4.4 billion stake purchase in Shriram Finance, bringing total investments in India to $7 billio…
dnaindia.comworld52 days agoUpdated
Engine Maker Horse Powertrain Files for India Entity After Small Car Tax Cut
Horse Powertrain, formed from Renault and Geely operations, is establishing a presence in India following a federal sales tax reduction on small gasoline cars. CEO Matias Giannini outlined plans for partnerships, imports, and eventual local manufacturing to supply and export engi…
india.comworld58 days ago
Gold Price Surge in 2026 Shifts South Asian Wedding Jewellery Toward Imitation Options
Soaring gold prices across South Asia have made pure gold jewellery unaffordable for many families, leading to a shift toward imitation and gold-plated options. In India, Bangladesh, and Pakistan, consumers are adapting wedding traditions amid economic pressures. Demand for real…
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citizen.co.zafinance58 days ago
RBI Highlights Second-Round Inflation Risks from Mideast Conflict
The Reserve Bank of India has noted potential second-round inflation risks if the Mideast war persists. Deputy Governor Gupta expressed this view in an interview with ET. The comments reflect concerns about economic effects from geopolitical tensions in the region.
World Inequality Database / Wikimedia (CC BY 4.0)world60 days ago
India's Economic Activity Accelerated in April, HSBC Survey Shows
India's economic activity increased in April despite disruptions to crude oil and gas supplies from the Middle East conflict. A flash survey by HSBC indicated this acceleration. The survey highlights resilience in India's economy amid global supply challenges.