India’s Economy Poised for 6.7% Growth in FY26: CII Chief, But Challenges Remain
The Confederation of Indian Industry (CII) has projected a robust 6.7% growth for the Indian economy in fiscal year 2026 (FY26). However, the CII chief cautioned that significant uncertainties pose a considerable risk to this optimistic forecast. While the prediction…
India Unleashes ₹100 Crore R&D Boost for Private Sector Innovation
India’s commitment to fostering private sector innovation has taken a significant leap forward with the recent approval of a groundbreaking ₹100 crore (approximately $12 million USD) Research and Development (R&D) scheme. This ambitious initiative aims to inject much-needed funding into…
India’s Defence Sector Ready to Explode: 15-17% Revenue Growth Predicted
Get ready for a major boom in India’s defence manufacturing! Industry analysts predict a massive 15-17% revenue surge in the fiscal year 2025-26. This incredible growth isn’t just a lucky guess; it’s driven by a powerful combination of factors. A…
Rupee Takes a Dip: Oil Surge and Geopolitical Uncertainty Weigh Down Indian Currency
India’s rupee experienced a downturn, closing at 86.34 against the US dollar – a 30 paise decline. This weakening is primarily attributed to a surge in global crude oil prices, adding to existing pressures from the volatile geopolitical situation in…
India’s Inflation Plunges to Lowest in Years: A Deep Dive into May’s CPI Data
India experienced a significant drop in inflation in May 2025, reaching a multi-year low of 2.82% according to the National Statistical Office (NSO). This marks the lowest inflation rate since February 2019, signaling a positive economic trend. The impressive decline…