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India’s FY27 Growth Outlook Upgraded to 6.9-7.1%, Inflation and Energy Costs Remain Key Risks
India’s FY27 Growth Outlook Upgraded to 6.9-7.1%, Inflation and Energy Costs Remain Key Risks
Finance Ministry pre-budget meetings for Union Budget 2027-28 will run from October 12 to November 13.
Amazon Pay India's FY26 net loss widened to ₹1,148.5 crore as total expenses increased faster than revenue.
Analysts expect the RBI could raise the repo rate by a cumulative 50 basis points by December as higher inflation, crude oil prices and surplus banking liquidity increase pressure for monetary tightening.
Main Headline: India’s US Treasury Purchases Hit Record $15.2 Billion as RBI Dollar Inflows Surge
Person-to-person UPI payments will remain free, while the new MDR framework will apply only to specified merchant transactions from October 15, 2026.
India’s combined merchandise and services exports reached an estimated USD 399.27 billion during April-August FY27, supported by growth across services, electronics, engineering goods and non-petroleum exports.
India’s merchandise trade deficit narrowed to $26.86 billion in August as exports climbed 26.1% year-on-year to $43.8 billion.
India’s unemployment rate eased to 5% in August 2026 as rural joblessness declined and labour force participation improved.
Passenger vehicle sales rose 36.5% in August 2026 as cars, two-wheelers and three-wheelers recorded strong domestic demand across India.
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