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Economy

After robust Q3, IMF says India’s growth outlook could be revised upward
Updated : Jan 16, 2026

IMF signals possible revision of India's GDP outlook after stronger-than-expected Q3

Speaking ahead of the IMF’s January World Economic Outlook (WEO) update, International Monetary Fund spokesperson Julie Kozack said India has become a major engine of global growth

Zerodha's Nithin Kamath said there's not better time to build in India than now
Updated : Jan 16, 2026

Despite pessimism about growth, there’s never been a better time to build in India: Nithin Kamath

Zerodha founder Nithin Kamath said India too has its own set of “real problems” but it all boils down to how we decide to respond to those challenges. 

US hates that India is still buying Russian oil, says Congressman Rich McCormick
Updated : Jan 16, 2026

US understands why India’s buying Russian oil but we hate it: Congressman McCormick

"We realise that Prime Minister Modi is extremely nationalistic, in a good way. I mean, he's looking after his country just like we look after our country," said US Congressman Rich McCormick.

Indian Railways freight basket remains dominated by traditional commodities, which have contributed to modest overall growth in railway freight volumes, with a CAGR of only 5.6% in the past five years.
Updated : Jan 15, 2026

Indian Railways eyes FMCG to diversify freight basket and raise revenues

With its traditional freight coal, cement, and steel likely to register a modest 5% growth by FY30, Indian Railways is looking at increasing FMCG freight share. An industry meet is scheduled next week to chart out the strategy

While shipments to the U.S. softened marginally on a month-on-month basis, the broader trend remains positive.
Updated : Jan 15, 2026

Diversification beyond US helps India keep export volumes stable

India’s merchandise exports rose to $38.51 billion in December from $38.13 billion in November, while imports increased to $63.55 billion from $62.66 billion, official data showed.

Nithin Kamath asks why BSE, NSE are closed for a municipal election
Updated : Jan 15, 2026

‘Exchanges shut for a municipal election…’: Nithin Kamath says long way to go before global investors take India seriously

BSE, NSE holiday today: Nithin Kamath argued that the holiday exists because no one who matters actually has any incentive to oppose the market holiday.

A recent report of the Parliamentary Standing Committee on Railways noted that the DFCCIL acknowledged that the availability of crew if the biggest challenge in running of trains.
Updated : Jan 14, 2026

JNPT rail link to DFC soon; operational challenges to continue   

Jawaharlal Nehru Port Authority (JNPT) rail connectivity to Western Dedicated Freight Corridor (WDFC) expected by March 2026. Crew shortage, congestion on feeder routes to impact traffic

FY26 GDP expected to grow 7.5-7.8%, says Deloitte
Updated : Jan 14, 2026

India’s GDP to grow 7.5-7.8% in FY26 over resilient domestic demand, strong services activity: Deloitte

Growth may moderate to 6.6-6.9 per cent in FY2026-27, reflecting a high base and persistent global uncertainties, the report stated.

India's basmati rice exports to Iran slows down, says report
Updated : Jan 14, 2026

India’s basmati rice exports to Iran nears standstill after Trump’s 25% tariff threat: Report

Iran turmoil: India is Iran’s largest rice supplier, accounting for nearly two-thirds of all Iranian imports from the country.

The upgraded outlook is also driven by robust domestic consumption, aided by recent tax cuts and higher real rural incomes.
Updated : Jan 14, 2026

World Bank raises India’s FY26 growth forecast to 7.2%, sees limited impact from US tariffs

This marks a notable increase from the 6.3 per cent estimate made in June 2025.

India supplies nearly two-thirds of Iran’s rice imports, making the market commercially significant despite the broader geopolitical risks.
Updated : Jan 13, 2026

US tariffs on Iran to have limited impact on India, Centre reassures exporters

India’s total trade with Iran stood at around $1.6 billion last year, a small fraction of Iran’s overall import basket of nearly $68 billion in 2024. In comparison, Iran’s largest import partners include the UAE ($21 billion), China ($17 billion), Turkiye ($11 billion) and the European Union ($6 billion), highlighting India’s modest share in Tehran’s trade ecosystem.

Railways wants Gati Shakti Multi-Modal Cargo Terminal (GCT) policy to increase private sector participation
Updated : Jan 13, 2026

Railway tweaks Gati Shakti Cargo terminal policy

Indian Railways has revised the Gati Shakti Multi-Modal Cargo Terminal (GCT) policy for increasing private sector participation. Zonal railways hold the implementation key.

India a leading trade partner for Iran but Iran features behind a long list of partners for India
Updated : Jan 13, 2026

25% US tariffs on Tehran’s trading partners: Iran on 63rd spot, below nations like Togo, Ghana in trade with India

India-Iran trade: To put it in perspective, Iran ranks behind major and mid-economies, and even smaller economies such as Tanzania, Angola, Togo, Mozambique, Senegal, Ghana. 

India-Iran trade: Is New Delhi caught in the crossfire between Washington and Tehran?
Updated : Jan 13, 2026

Basmati, tea, apples, kiwis: Breakup of India-Iran trade as Trump imposes 25% tariffs on Tehran’s trading partners

25% tariff on Iran trading parters: Trade ministry officials told Business Today that since the announcement came at midnight, the department is currently in the process of analysing the probable impact.

No trade talks scheduled for this week between India-US
Updated : Jan 13, 2026

No trade talks scheduled between India-US this week, says report 

While Ambassador Gor said both countries remain engaged, US Commerce Secretary Howard Lutnick expressed doubts about reaching an agreement, citing missed opportunities and delays in communication between the two sides.

For FY26 (2025-26), the government has projected direct tax collections at ₹25.20 lakh crore, representing a growth of 12.7% over the previous year.
Updated : Jan 12, 2026

Corporate, individual taxes lift direct tax collection by 8.82% to ₹18.38 lakh crore

Collections from Securities Transaction Tax (STT) amounted to ₹44,867 crore between April 1 and January 11, reflecting steady activity in capital markets. Meanwhile, tax refunds issued during the period declined by 17 per cent year-on-year to ₹3.12 lakh crore. 

From February, a new CPI series with a base year of 2024 will be launched with an updated item basket and methodology which will provide the retail inflation estimates for January 2026.  
Updated : Jan 12, 2026

Last in the series: Retail inflation up 1.33% in December

This is the last inflation reading before the Union Budget, February MPC meeting, and the last in the current series.

India can grow without rushing US trade deal, says economist Ashima Goyal
Updated : Jan 11, 2026

'India is not so dependent on US, has alternatives': Ex-RBI MPC member plays down trade deal risks

'Today, emerging markets account for more than 50% of world growth, and the US will find that people will develop alternatives if they are not willing to party right,' says economist Ashima Goyal

SHANTI Act: NPCIL will hold a consultative workshop on January 22
Updated : Jan 9, 2026

SHANTI Act: NPCIL to rework nuclear business model in light of new law

It has called for consultations with private players to rework its proposal following the enactment of the Act.

In an earlier post, Kotak had argued that the US would increasingly leverage its dominance under a Trump administration.
Updated : Jan 8, 2026

‘US absolute power’: Uday Kotak recalls 2024 prediction as India faces 500% tariff threat from Trump

Kotak’s remarks come amid escalating pressure from Washington on major economies, including India, following the Trump administration’s backing of a Bill that could impose tariffs of up to 500% on countries importing Russian-origin oil and energy products.  

India may remove curbs on Chinese firms, says report
Updated : Jan 8, 2026

Centre plans to remove curbs barring Chinese firms from bidding for govt contracts: Report

The final decision to lift the curbs rests with Prime Minister Narendra Modi’s office and it is reportedly awaiting approval.