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India economy

24 stories related to this topic, newest first.

India's foreign exchange reserves reach lowest level in over one yeartimesofindia.indiatimes.com
finance47 min agoDeveloping

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.

Reuters
1 source
Rupee Decline Prompts Investor Questions on Indian Companies' Currency Strategythehindu.com
world9 hrs agoDeveloping

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.

Bloomberg
1 source
India Officials Discuss Economic Issues Over Oil Pricesthehindu.com
finance4 days agoDeveloping

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.

Bloomberg
1 source
India's April Trade Deficit Widens to $28.38 Billion on Higher Energy Importsthehindubusinessline.com
finance14 days agoDeveloping

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.

OilPrice.com
1 source
India Gold Imports Slow Under New Currency Rulesetftrends.com
world14 days agoDeveloping

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…

Bloomberg
1 source
India Advances Electrification at Lower GDP per Capita Than ChinaForbes
finance14 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.

Forbes
1 source
India Government Tightens Curbs on Foreign Capital Outflowsdnaindia.com
world14 days agoDeveloping

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…

Bloomberg
1 source
India Gold Trades at Record $200+ Discount to Global Prices After Import Duty Increaseindianexpress.com
finance16 days agoDeveloping

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…

DE
1 source
India Commits $4 Billion to Coal-to-Synthetic Gas Conversion Programthehindu.com
finance16 days agoDeveloping

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
1 source
India Raises Import Duties on Gold and Silver to 15%Cnbc
health16 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…

Cnbc
hurriyetdailynews.com
thehindubusinessline.com
zerohedge.com
4 sources
Russia-Ukraine Cease-Fire Expires; Fighting ContinuesThe Free Press
finance16 days agoFraming55Framing risk55/100Rewrite inherits consensus framing that portrays the cease-fire as inherently doomed and shifts focus to Ukrainian corruption and elite scandals rather than core conflict substance.Click to jump to full framing analysis

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…

The New York Times
ZE
The Guardian
ZeroHedge
The Free Press
+8
13 sources
Modi Urges Indians to Work From Home, Cut Gold Purchases and Limit Foreign Travelrediff.com
politics17 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…

SP
FR
The New York Times
BBC News
Al Jazeera
+3
8 sources
Modi Calls for Reduced Fuel Use and Gold Importsindiatoday.intoday.in
politics18 days agoFraming65Framing risk65/100Rewrite inherits consensus framing that portrays Modi's conservation appeal as drastic and economically damaging, foregrounding negative impacts and analyst judgment over the substance of the import crisis itself.Click to jump to full framing analysis

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…

SP
FR
The New York Times
BBC News
Al Jazeera
+1
6 sources
India's Prime Minister Urges Citizens to Avoid Gold Purchases for One Yeardnaindia.com
world18 days agoDeveloping

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
1 source
Modi Urges Indians to Cut Gold Purchases and Fuel Usednaindia.com
politics18 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…

SP
BBC News
OilPrice.com
The New York Times
Al Jazeera
5 sources
Indian Prime Minister Narendra Modi Urges Citizens to Reduce Fuel Consumptionindiatoday.intoday.in
politics18 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…

Bloomberg
thehindu.com
indiatoday.intoday.in
deccanchronicle.com
4 sources
Diet Coke Parties Gain Popularity in India Amid Aluminum Can ShortageNbc News
world19 days agoDeveloping

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…

Nbc News
1 source
PepsiCo Expands Low- and No-Sugar Beverages to Over 50% of India Portfolio, Targets 90%indianexpress.com
finance22 days agoDeveloping

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…

Cnbc
1 source
Gold and Silver Prices Rally in India Amid Easing West Asia Tensions and Weaker U.S. Dollarindiatoday.intoday.in
finance23 days agoDeveloping

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.

FI
1 source
Mitsubishi UFJ Financial Group Plans Real Estate Lending and Forex Expansion in Indiamontrealgazette.com
finance30 days agoDeveloping

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…

Japan Times
1 source
Engine Maker Horse Powertrain Files for India Entity After Small Car Tax CutSubstrate placeholder — needs review
world28 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…

Reuters
economictimes.indiatimes.com
3 sources
Gold Price Surge in 2026 Shifts South Asian Wedding Jewellery Toward Imitation Optionsindia.com
world34 days agoDeveloping

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…

AJ
1 source
RBI Highlights Second-Round Inflation Risks from Mideast Conflictcitizen.co.za
finance35 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.

Reuters
timesofindia.indiatimes.com
finance.yahoo.com
rediff.com
4 sources
India's Economic Activity Accelerated in April, HSBC Survey ShowsWorld Inequality Database / Wikimedia (CC BY 4.0)
world36 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.

Bloomberg
insightsonindia.com
insidermonkey.com
3 sources