October 14, 2026
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India’s Economy Grows Stronger-Than-Expected 7.8% in March Quarter

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India’s economy expanded by a stronger-than-expected 7.8% year-on-year in the January–March quarter of fiscal year 2025-26, according to government data released on Friday. The growth rate surpassed economists’ forecast of 7.2%, supported by robust private investment, higher agricultural output, and strong construction activity. The National Statistics Office (NSO) also Continue Reading
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Fairfax India to Raise Stake in IIFL Capital with Rs 2,000 Crore Infusion

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Canada-based Fairfax India Holdings Corporation has announced a major investment of Rs 2,000 crore in IIFL Capital Services through its wholly owned subsidiary, FIH Mauritius Investments. The investment will be executed through a mix of preferential allotment of equity shares and an open offer, increasing Fairfax India’s stake in the company from around 30.5 per […]Continue Reading
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India’s Growth Outlook Faces Risks Amid Iran War and Rising Inflation Concerns

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India’s projected economic growth of 6.6% for fiscal 2027 faces significant downside risks due to escalating geopolitical tensions linked to the Iran conflict, according to the World Bank. Concerns over a fragile ceasefire in the Middle East have heightened fears of disruptions in energy supplies through the Strait of Hormuz, a critical route for global […]Continue Reading
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RBI Curbs on Forex Positions Temporary, Says Governor Sanjay Malhotra

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The Reserve Bank of India (RBI) has clarified that its recent restrictions on lenders’ position limits and participation in non-deliverable forwards (NDFs) are temporary measures aimed at stabilizing the rupee. Governor Sanjay Malhotra stated during a post-monetary policy briefing that the curbs were introduced in response to heightened volatility observed in the foreign Continue Reading
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UPI QR Codes Surge 15% in 2025, Boosting Digital Payments Ecosystem

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India’s digital payments landscape continued its rapid expansion in 2025, with UPI QR codes growing by 15% to reach 731.38 million, up from 633.44 million in the previous year, according to a Worldline report. This sharp rise highlights the increasing adoption of QR-based payments among merchants, strengthening the reach of the Unified Payments Interface (UPI) […]Continue Reading
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₹2.5 Lakh Crore Credit Guarantee Scheme Planned to Support MSMEs Amid West Asia Crisis

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The government is considering a ₹2.5 lakh crore credit guarantee scheme aimed at supporting businesses, particularly MSMEs, affected by the ongoing West Asia crisis. Under the proposed plan, lenders would receive a 90% credit guarantee on loans of up to ₹100 crore in case of borrower defaults linked to disruptions caused by the US-Iran conflict. […]Continue Reading
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RBI Likely to Hold Rates as ‘Goldilocks’ Phase Ends Amid Iran War Impact

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India’s central bank is expected to keep its benchmark repo rate unchanged at 5.25% in the upcoming policy review, as it evaluates the economic fallout from the ongoing Iran conflict. The war has disrupted global energy markets, weakening the rupee and pushing bond yields higher, prompting the Reserve Bank of India (RBI) to prioritize financial […]Continue Reading
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India Reopens Energy Talks with Russia Amid Global Supply Pressures

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India is recalibrating its energy strategy by reviving cooperation with Russia, just weeks after scaling back crude imports as a perceived concession to U.S. pressure under Donald Trump. Fresh discussions between Indian Petroleum Minister Hardeep Singh Puri and Russian officials have resulted in a verbal agreement to negotiate the resumption of Russian liquefied natural Continue Reading

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