Economy

The rising oil consumption is not only an economic issue but also, over time, becoming a health emergency. Over the last two decades, the consumption of edible oil in India has grown rapidly, burdening the economy and creating a health crisis for Indians at the same time.

A hawkish Fed signal, a rebounding dollar and aggressive profit booking by big investors punctured the gold–silver euphoria, turning an overbought rally into a historic, panic-driven crash.

Gujarat is charting its next growth phase through the blue economy, as advanced coastal mapping and massive VGRC-linked investments unlock the state’s vast maritime potential for jobs, infrastructure, and sea-led development.

Japanese credit rating agency, Rating and Investment Information, Inc. (R&I), has upgraded India’s long-term sovereign credit rating to ‘BBB+’ from ‘BBB’. R&I also retained the “Stable” Outlook for the Indian economy.

In a significant boost to investor confidence, S&P Global Ratings has upgraded India’s long-term unsolicited sovereign credit rating to ‘BBB’ from ‘BBB-’, while also raising the short-term rating to ‘A-2’ from ‘A-3’.

Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.

India's current account recorded a surplus of USD 13.5 billion (or 1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (or 0.5 per cent of GDP) in the same quarter of 2023-24, RBI data showed Friday.

NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said that India has overtaken Japan to become the world's fourth-largest economy, citing data by the International Monetary Fund.

India has achieved a remarkable economic milestone, doubling its GDP from $2.1 trillion in 2015 to $4.3 trillion in 2025—a staggering 105% growth unmatched by any other major global economy