Tag: Daily Business News Digest

🏦 Economy / Policy • RBI curbed spot dollar buying by oil companies, helping the rupee strengthen and boosting forex reserves via higher foreign currency assets 💱📊 • RBI Governor indicated domestic…

🏦 Economy / Policy • EY’s Economy Watch pegs India’s FY26 GDP growth at 7.6%, with manufacturing and services PMIs remaining in expansion despite some cooling 📊 • India’s crude oil imports…

🏦 Economy / Policy • Currency in circulation rose 11.9% in FY26, the fastest pace in five years, indicating strong cash usage alongside digital growth 💰📊 • India’s trade deficit may widen…

🏦 Economy / Policy • Wholesale inflation rose to 3.88% in March, the highest in over three years, indicating rising cost pressures 📊 • India’s exports grew 4% to $860 billion in…

🏦 Economy / Policy • Economists warn that sustained high energy and input costs could reduce India Inc profits by 10–15% in FY27, impacting capex and mid/small-cap earnings 📉 • IMD has…

🏦 Economy / Policy • Oil prices, despite a 13–16% drop post-ceasefire, remain elevated with Brent in the mid-90s and WTI in the high-90s, sustaining inflation and import cost pressures 🛢️⚠️ •…

🏦 Economy / Policy • MPC noted inflation is currently below target but flagged risks from higher crude, food shocks and supply-chain disruptions that could push inflation up and widen CAD 📊…

🏦 Economy / Policy • World Bank has raised India’s FY27 growth forecast by 30 bps to 6.6%, reflecting resilience despite global uncertainties 💹 • Rupee is expected to stabilise in the…

🏦 Economy / Policy • India’s average daily LPG production has declined to 46,000–47,000 tonnes, raising supply-side concerns amid ongoing disruptions 🔥📉 • RBI’s MPC is set to announce its first FY27…

🏦 Economy / Policy • Services PMI fell to a 14-month low in March, reflecting demand slowdown amid West Asia-related disruptions 📊 • Finance Minister Sitharaman flagged the current year as more…