Economy

Andhra Pradesh becomes India’s top fruit, fish producer amid steady economic growth: RBI report

Andhra Pradesh ranked first in fruit production with over 19 million tonnes during the 2024–25 financial year. | Photo Credit: DEEPAK KR Andhra Pradesh has secured top positions across several sectors, including agriculture and fisheries, reflecting the state’s steady economic and social progress, according to a recent report. Citing the latest Reserve Bank of India […]

Economy

CII charts investment roadmap for India’s next decade of growth

As part of pre-budget submission, industry chamber Confederation of Indian Industries (CII) on Sunday proposed a comprehensive investment strategy anchored in fiscal prudence, capital efficiency, and investor confidence. The budget for Fiscal Year 2026-27 is expected to be presented on February 1. “The forthcoming Union Budget 2026–27 has to serve the dual role of stabiliser […]

Economy

Sakthi Aircraft to start trainer plane manufacturing in Tiruppur in January, easing India’s import reliance

Sakthi Aircraft’s facility at Tiruppur | Photo Credit: Supplied The Coimbatore-based Sakthi Aircraft Industry Pvt Ltd (SAIPL), which is setting up the country’s first private-sector trainer aircraft manufacturing facility at the textiles town of Tiruppur in Tamil Nadu, plans to start manufacturing in January with deliveries expected in February or March, said D Vaibhav, Managing […]

Low inflation, high growth: India’s ‘sweet spot’ – Who really pays for ‘goldilocks’ economy?

India is experiencing a rare economic phase with near-zero inflation and robust growth exceeding 8%. While this ‘Goldilocks’ moment benefits borrowers and large corporations, farmers face significant losses due to falling food prices. Savers might see reduced returns as interest rates decline, highlighting a complex economic landscape where benefits are unevenly distributed. India is in […]

Economy

India’s December crude oil imports from Russia likely to follow November 2025 cues, says CREA

The volume of Russian crude oil imports by Indian refiners last month is expected to continue in December as well aided by rising discounts of Urals and the recent assurance by President Vladimir Putin of uninterrupted supplies. Finland-based Centre for Research on Energy and Clean Air (CREA) in its latest commentary on Russia hydrocarbon trade […]

Forex monitor: India’s reserves rise by $1 bn; gold holdings jump sharply as overall kitty hits $687.26 bn

India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets — […]