Economy

Updated : Jun 9, 2026

India’s current account surplus narrows to $7.1 billion: Here’s what’s happening

On a sequential basis, the current account showed a $22.6 billion improvement, moving from a $15.5 billion deficit in October-December 2025 to a $7.1 billion surplus in January-March 2026.

The combination of weak net FDI flows and waning FII interest in India is not altogether new; it’s been happening for the last two financial years

Updated : Jun 8, 2026

How finmin-RBI moves could bring at least $50 bn in foreign inflows, boost chances of inclusion in global bond indices

Foreign capital outflows taking place over the last two years, the West Asia conflict led to a greater challenge to the current account deficit

The US continues to be the largest source of FPI investments in India.

Updated : Jun 8, 2026

FPIs hold ₹74 lakh cr in India; tax relief on govt securities may boost foreign flows

FPIs hold assets worth nearly ₹74 lakh crore in India and remain a critical source of capital for the country's financial markets. A recent tax exemption on government securities is expected to further enhance India's appeal among global investors and support future foreign inflows.

Hormuz crisis, $200 oil warnings - so why is crude still below $100? (AI generated)

Updated : Jun 7, 2026

Crude oil was supposed to hit $200 after Hormuz shock. Here's why it didn't

One of the most important reasons oil prices did not spiral higher was a sharp drop in Chinese imports

Why India needs freebies: Shamika Ravi cites poverty, growth and welfare gains

Updated : Jun 7, 2026

Why freebies may be helping, not hurting, India's growth: Shamika Ravi explains

Ravi, a member of the Prime Minister's Economic Advisory Council, said not all freebies are the same, contending that while some may be wasteful, others are "hugely beneficial" and play a critical role in improving living standards

With a national PNG portal reportedly in consideration, the process may get simpler, but for now, consumers are left with more questions than answers.

Updated : Jun 7, 2026

LPG switch deadline ends on June 30: National PNG portal in pipeline? What we know so far

SBI Research report described the Q4 performance as a "pleasant surprise," noting that India's economy has shown resilience despite global uncertainties and geopolitical tensions.

Updated : Jun 6, 2026

India's FY26 GDP growth hits 7.7%, Q4 expansion at 7.8% surprises on the upside: SBI Research

India's economy ended FY26 on a strong note, with GDP growth accelerating to 7.8% in the March quarter and annual growth reaching 7.7%, according to SBI Research. The report cites robust services activity, rising private investments, and improving consumption trends as key drivers of the economy's resilience.

Before this change, foreign investors faced multiple tax levies on sovereign debt investments.

Updated : Jun 6, 2026

BT Explainer: Tax-free G-Secs for FIIs: Can the move help bridge India's ₹4.76 lakh cr funding gap?

The Centre removed taxes on interest income and capital gains from government securities for foreign investors, marking one of India's biggest bond-market reforms in years. The move is aimed at attracting fresh overseas capital, supporting the rupee, and helping bridge an estimated $40-50 billion funding gap amid global economic and geopolitical challenges.

The Monetary Policy Committee (MPC) unanimously voted to maintain the repo rate at 5.25% and retain its neutral policy stance.

Updated : Jun 6, 2026

RBI MPC outcome explained: Why the Central Bank paused rates but turned cautious on growth and inflation

The RBI has kept the repo rate unchanged at 5.25% and retained its neutral stance, signaling caution amid rising inflation risks and global uncertainty. While borrowing costs remain stable for now, the central bank has lowered growth forecasts, raised inflation projections, and unveiled measures to attract foreign capital.

Gold remains a key part of India's forex reserves, and the RBI has steadily increased its holdings in recent years amid global geopolitical and market uncertainties.

Updated : Jun 6, 2026

RBI gold reserves value falls $2.19 billion in a week; Governor Malhotra says no gold was sold

The value of the Reserve Bank of India's gold reserves fell by $2.19 billion during the week ended May 29, triggering speculation about possible gold sales. RBI Governor Sanjay Malhotra, however, clarified that the central bank has not sold any gold and attributed the decline to valuation changes linked to global gold prices.

While LPG remains the primary cooking fuel for many households, CNG and PNG are emerging as more stable and economic alternatives.

Updated : Jun 6, 2026

LPG, CNG, PNG rates on June 6, 2026: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

While domestic LPG rates are administered and insulated from immediate global price swings, commercial LPG is priced on a market-linked basis and revised every month on the basis of international benchmarks.

Fuel prices at the pump are shaped by a combination of global, economic, and domestic factors.

Updated : Jun 6, 2026

Petrol, Diesel prices today, June 6: Check prices in Delhi, Mumbai, Kolkata, Chennai, Hyderabad

Global crude markets continue to remain on edge amid tensions in West Asia and disruptions to key shipping routes.

CATMi's letter noted that cash fulfillment (essentially cash that operators receive to replenish ATMs) was 80 per cent in November 2025. That means there was a shortfall of 20 per cent.

Updated : Jun 5, 2026

Cash shortage at ATMs? Here's why operators are finding it hard to replenish them

RBI Governor Sanjay Malhotra said if there is a shortage they will ensure cash is made available to refill ATMs or bank branches

Several analysts expect the RBI may raise rates this year, more so if the war drags on for some more time.

Updated : Jun 5, 2026

EMIs may be stable for now, but a rate hike may still be around this year

The RBI may hike interest rates in the second half of the financial year, depending on how the West Asia conflict drags on and how the monsoon pans out, which will have a bearing on inflation, say analysts.

The RBI and the government on Friday announced measures to attract foreign capital and support the rupee, including tax exemptions for foreign investors in government securities.

Updated : Jun 5, 2026

Measures taken to encourage foreign capital inflows will help finance CAD, says CEA

Says domestic economy remains resilient in first two months of FY27 despite West Asia crisis.

SBI estimates that foreign investors could gain ₹4,000-5,000 crore from interest income tax exemptions and another ₹500-1,000 crore from capital gains tax exemptions on government securities.

Updated : Jun 5, 2026

BT Explainer: How FII tax relief and RBI reforms could bring ₹3.81 lakh crore to India

The Centre's decision to exempt foreign investors from taxes on government securities, along with a series of RBI measures to attract overseas capital, could potentially bring more than $40 billion (around ₹3.81 lakh crore) into India. SBI Research believes the reforms could strengthen the rupee, deepen bond markets and boost long-term foreign participation in the economy.

Redseer estimates that the Indian grocery market will expand from $658 billion in 2025 to nearly $992 billion by FY30, equivalent to roughly ₹84.5 lakh crore

Updated : Jun 5, 2026

With Kiranas still on top, is value grocery the next big e-commerce opportunity?

India's grocery market may be headed towards ₹84 lakh crore by FY30, but kirana stores continue to dominate the sector. A new Redseer report suggests the biggest digital opportunity may lie in value grocery platforms catering to price-conscious consumers across Bharat.

Several high-frequency indicators cited by the statistics ministry reflected strong underlying demand during FY26.

Updated : Jun 5, 2026

India's economy accelerates: GDP growth hits 7.7% in FY26, fastest pace in two years

For the fourth quarter of FY26, real GDP was estimated at ₹87.77 lakh crore, up from ₹81.40 lakh crore a year earlier, translating into growth of 7.8%. Nominal GDP during the quarter increased 9.1% to ₹94.65 lakh crore.

RBI has raised the CPI inflation forecast for the year ending March 2027 to 5.1% from 4.6% projected earlier. GDP growth forecast for 2026-27 has been lowered to 6.6% from 6.9%.

Updated : Jun 5, 2026

RBI Monetary Policy: Whatever it takes to defend the Rupee and attract foreign capital

RBI keeps rates on hold, but announces a raft of measures to attract foreign flows; Governor Sanjay Malhotra said the biggest uncertainty right now is how long the supply disruptions would last

Currently, foreign investors pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year, while interest income from government securities is subject to a 20% withholding tax.

Updated : Jun 5, 2026

BT Explainer: Centre exempts foreign investors from taxes on G-Sec investments via Ordinance -- What it means for India’s bond market

The Centre has exempted foreign investors from capital gains tax on specified government securities through an Ordinance, aiming to boost overseas participation in India's debt market. The move comes alongside RBI measures to deepen bond market access and could strengthen foreign inflows, bond liquidity, and rupee stability.

RBI Gov Sanjay Malhotra announces ways to attract foreign capital

Updated : Jun 5, 2026

RBI Gov Sanjay Malhotra has a few tricks up his sleeve to attract foreign capital

During 2026-27 so far net FPI to India witnessed outflows of US$ 13.7 billion, primarily in the equity segment, said Gov Sanjay Malhotra.

Economy

India’s current account surplus narrows to $7.1 billion: Here’s what’s happening

How finmin-RBI moves could bring at least $50 bn in foreign inflows, boost chances of inclusion in global bond indices

FPIs hold ₹74 lakh cr in India; tax relief on govt securities may boost foreign flows

Crude oil was supposed to hit $200 after Hormuz shock. Here's why it didn't

Why freebies may be helping, not hurting, India's growth: Shamika Ravi explains

LPG switch deadline ends on June 30: National PNG portal in pipeline? What we know so far

India's FY26 GDP growth hits 7.7%, Q4 expansion at 7.8% surprises on the upside: SBI Research

BT Explainer: Tax-free G-Secs for FIIs: Can the move help bridge India's ₹4.76 lakh cr funding gap?

RBI MPC outcome explained: Why the Central Bank paused rates but turned cautious on growth and inflation

RBI gold reserves value falls $2.19 billion in a week; Governor Malhotra says no gold was sold

LPG, CNG, PNG rates on June 6, 2026: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

Petrol, Diesel prices today, June 6: Check prices in Delhi, Mumbai, Kolkata, Chennai, Hyderabad

Cash shortage at ATMs? Here's why operators are finding it hard to replenish them

EMIs may be stable for now, but a rate hike may still be around this year

Measures taken to encourage foreign capital inflows will help finance CAD, says CEA

BT Explainer: How FII tax relief and RBI reforms could bring ₹3.81 lakh crore to India

With Kiranas still on top, is value grocery the next big e-commerce opportunity?

India's economy accelerates: GDP growth hits 7.7% in FY26, fastest pace in two years

RBI Monetary Policy: Whatever it takes to defend the Rupee and attract foreign capital

BT Explainer: Centre exempts foreign investors from taxes on G-Sec investments via Ordinance -- What it means for India’s bond market

RBI Gov Sanjay Malhotra has a few tricks up his sleeve to attract foreign capital

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