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Economy

Arunish Chawla, Secretary, Department of Investment and Public Asset Management
Updated : Oct 15, 2026

IDBI Bank employees and pensioners have nothing to fear: DIPAM Secretary 

They are fully protected post the strategic sale, service conditions, and pension benefits are safe, says the secretary

India’s share of global metals revenue has already increased from 6% in 2020 to around 10% in 2025, making it the world’s second-largest metals market after China.
Updated : Oct 15, 2026

India’s share of global metals revenue to rise to 12% by 2035 as China’s declines: McKinsey

India’s growing importance comes as the global materials industry faces changing demand patterns, geopolitical uncertainty and pressure to secure supply chains

India's imports from the region stood at $13.64 billion last month, broadly in line with the $13.76 billion recorded in September 2025
Updated : Oct 15, 2026

India's trade with West Asia returns to near-normal levels

Goods exports may cross $500 billion this fiscal; gold and silver imports fall sharply

The first tranche of the US bilateral trade agreement has been finalised. It is going through the final contours and legal drafting
Updated : Oct 15, 2026

India-US trade deal nearing finish line, but tariff clarity remains key

Piyush Goyal says first tranche finalised and under legal drafting; India seeks competitive tariff advantage before operationalisation

India's September exports surge 23%, imports rise 8%
Updated : Oct 15, 2026

India exports rise to $44.4 billion in September; trade deficit narrows to $30.21 billion

The trade deficit narrowed by $2.79 billion compared with September 2025

US Secretary of State Marco Rubio will visit India from October 17 to 22, including a stop in Mumbai.
Updated : Oct 15, 2026

Rubio to meet Mukesh Ambani, signalling steady US ties despite Musk’s criticism

Rubio will travel to Jamnagar in Gujarat, home to the world’s largest oil refining complex, where he is expected to meet Reliance executives, US Ambassador to India Sergio Gor said at the Bloomberg New Economy Forum in New Delhi on Thursday.

Goldman Sachs estimates that a 100-basis-point increase in interest rates could reduce business investment by an average of 1.8 per cent across developed markets.
Updated : Oct 15, 2026

A 100-bps rate rise could weigh on global growth: What does it mean for Indian exports? Here's what Goldman Sachs says

For India, the findings are relevant because weaker economic activity in major developed markets could affect demand for Indian manufactured goods, including engineering products, machinery and auto components.

The national average petrol price stands at ₹111.21 per litre, while diesel is priced at ₹97.83 per litre.
Updated : Oct 15, 2026

Petrol, diesel prices today (October 15): Check latest rates in Delhi, Mumbai, Chennai, Kolkata & more

The recent volatility in global crude oil prices reflects continued concerns over Middle East supply disruptions and the security of key oil infrastructure and shipping routes.

Centre pushes reforms with GST changes and IDBI Bank stake sale to boost economy
Updated : Oct 14, 2026

Centre's reform express gathers pace, IDBI sale nears finish line

Two major announcements in a week; ₹26,000-crore IDBI Bank deal set to swell the government’s disinvestment kitty

India on Wednesday sold 182-day and 364-day treasury bills at cutoff yields of 6.29% and 6.49%, respectively, their highest levels in about 18 months.
Updated : Oct 14, 2026

India’s treasury bill yields hit four-year high premium over repo rate amid rate hike bets

India’s short-term government borrowing costs have surged to their highest levels in 18 months, with treasury bill yields widening their premium over the repo rate to a four-year high. The spike reflects rising expectations of further RBI rate hikes amid persistent inflation risks and hawkish policy signals.

ISB professor warns against negative real interest rates
Updated : Oct 14, 2026

'Control inflation, stop defending ₹100 to dollar': ISB professor to policymakers as WPI hits 11.39%

I still believe we have a window before higher inflation becomes entrenched in expectations, says Prasanna Tantri

 Inflation in the WPI Food Index, which includes food articles and manufactured food products, increased to 8.66% in September from 7.05% in August.
Updated : Oct 14, 2026

Wholesale inflation rises to 11.39% in September from August's 9.9% on higher fuel, food prices

The Wholesale Price Index (WPI), with 2022-23 as the base year, rose to 112.5 in September from 110.8 in August. Wholesale inflation stood at 9.78% in July, as per the final estimates.

A combination of global, economic, and domestic factors shapes fuel prices at the pump.
Updated : Oct 14, 2026

Petrol, diesel prices today (October 14): Check latest rates in Delhi, Mumbai, Chennai, Kolkata & more

Brent crude rose to above $106 per barrel, while US West Texas Intermediate (WTI) crude increased to $94.63 per barrel following fresh attacks on Saudi targets by Yemen’s Houthi rebels.

S Jaishankar says India-US trade deal is being ironed out
Updated : Oct 14, 2026

‘Partnership is not an alliance,’ says Jaishankar on India-US ties; talks about Russia, China, Europe policy objectives

When asked about the US-India trade deal, Jaishankar said the trade ministers, the United States Trade Representative (USTR), the commerce and industry minister were working on it.

The RBI has intervened in currency markets by selling dollars from its foreign-exchange reserves.
Updated : Oct 14, 2026

BT Explainer: Strong GDP, weak rupee: Why India cannot stop its currency from falling

India’s economy continues to outpace many major economies, yet the rupee has weakened every year since 2018. From US tariffs and rising oil prices to foreign capital outflows and structural weaknesses, multiple forces are undermining the currency despite repeated RBI interventions.

Food carries a much larger weight than jewellery, meaning food-price movements can have a greater influence on the headline figure.
Updated : Oct 14, 2026

Inflation versus household budgets: Which expenses are rising fastest?

Food and beverages, which account for 36.8% of the CPI basket, recorded inflation of 7.4% in September, up from 5.7% in August. Vegetables and pulses inflation surged to 9.2%, compared with 1.6% a month earlier, making them a key contributor to the increase in headline inflation.

India's growth race with China is a 30-year marathon, not a sprint, says Sanjeev Sanyal
Updated : Oct 13, 2026

Sanjeev Sanyal warns: Chasing GDP growth above 7% could push inflation past 6%

Good times too will come but we have to be around unscathed in order to take advantage of it, says economist Sanjeev Sanyal

Centre Flags Low ITC Misuse; GST Council Defers Vehicle ITC
Updated : Oct 13, 2026

Misuse of input tax credit by businesses low, Centre finds; Most claims seen to be genuine business expenses

Centre to take forward issue with states in GST Council; officers’ committee reconstituted

 Available on the GSTN portal, the app will enable these businesses to generate e-invoices.
Updated : Oct 13, 2026

GST’s next big push: More taxpayers, better compliance and higher revenue

Centre, states eye wider tax base as lower compliance burden and reduced risk perception encourage registration; B2C e-invoicing app to roll out from April 1, 2027.

The rupee has fallen close to 6% against the dollar this year, reflecting the impact of external pressures and shifting capital flows.
Updated : Oct 13, 2026

'We should let the Rupee find its own level': Uday Kotak says currency should reflect economic strength

Uday Kotak believes the rupee should be allowed to find its own level against the dollar, with its value reflecting India's underlying economic strength. His remarks come as the RBI steps up currency-stabilisation measures amid global uncertainty and rising crude oil prices.

Uday Kotak says India must keep its options open
Updated : Oct 13, 2026

‘In a world where tariffs are a weapon…’: Uday Kotak says India must keep options open, look towards China

Uday Kotak said joint ventures between Indian and Chinese companies could help expand domestic manufacturing under the Make in India initiative. He drew parallels with China's earlier strategy of partnering with American companies to build its manufacturing capabilities.