Economy - Business Stories

India Looks to Leverage US-China Tariff Reductions to Boost Exports, Says FIEO President

As the US and China have agreed to reduce tariffs on each other’s goods, India could leverage this opportunity to boost exports in sectors that remain largely unaffected by the…

Economy

India’s Foreign Exchange Reserves Hit 11-Month Low, Continue Decline Amid RBI Interventions

India's foreign exchange reserves have declined for 15 out of the last 16 weeks, reaching USD 623.983 billion as of January 17, a drop of USD 1.88 billion. This decrease is primarily due to RBI interventions to stabilize the rupee, now over 10% lower than its September peak. Despite the decline, reserves remain sufficient for nearly a year’s imports.

Economy

Inflation Eases Slightly in December, But Consumer Costs Remain High

Inflation rose 2.9% year-over-year in December, according to the latest Consumer Price Index (CPI) data, underscoring the Federal Reserve's ongoing struggle to control persistently high prices. The CPI tracks changes…