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IMF backs India’s statistical reforms amid debate over GDP credibility

The International Monetary Fund has backed India’s efforts to modernise its statistical system, even as questions continue to surround the credibility of the country’s latest GDP estimates. At its latest briefing, IMF communications director Julie Kozack said India’s new Index of Industrial Production and Producer Price Index series should improve the accuracy of GDP estimates. […]

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UK recognises India’s carbon credit trading scheme

India’s carbon credit trading scheme has received official recognition from the UK government, marking a significant moment for Indian exporters who rely on selling carbon credits to international markets. The UK’s decision, announced recently, means that carbon credits generated through India’s domestic scheme can now be used by British companies to meet their climate commitments,

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Foreign investors pour a third of August money into Indian financial stocks

Foreign portfolio investors channeled roughly one-third of all their August inflows into Indian financial stocks, according to data reviewed by market analysts. This concentration reveals a deliberate rotation: global capital is moving away from commodity-linked and defensive sectors toward financial services and domestic consumption themes. Financial stocks include banks, insurance companies, and non-bank lenders that

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SBI’s RTI reply shows ₹1.52 lakh crore written off for borrowers owing over ₹100 crore

A fresh RTI response from State Bank of India (SBI) has put a figure on the scale of loan write-offs involving some of the bank’s largest borrowers. Between FY2016-17 and FY2025-26, SBI wrote off ₹1,51,857 crore in loans belonging to borrowers who owed more than ₹100 crore each. The bank has recovered only ₹20,838 crore

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Sugar prices remain firm despite government attempts to control rise

Sugar prices across India have stayed high despite government efforts to bring them down, according to data from the economic sector. The price stability comes even after the government imposed export restrictions and released sugar from strategic reserves into the market over recent months. Retail sugar prices in major cities remain between 32 and 38

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Private bank CEOs are quitting over clashes with their boards

Several CEOs at India’s private banks have stepped down in recent months, and a pattern is emerging: they are leaving because their boards want them to pursue strategies they don’t support. According to Business Standard, disagreements between boards and management over priorities and direction are the core reason behind these high-profile exits. In a typical

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RBI Governor’s words and policy minutes send contradictory signals on rates

The State Bank of India’s research team has flagged a troubling gap between what RBI officials say in public and what they actually write in official documents. When the Reserve Bank of India released its monetary policy committee minutes last week, the tone was noticeably stricter than what RBI Governor Sanjay Malhotra had suggested in

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India eases raw sugar import rules to fight hoarding

India’s government has eased rules for importing raw sugar to counter hoarding by traders and stabilize domestic prices, according to reporting from ET Economy. The move comes as sugar prices have climbed sharply due to stockpiling by merchants who hold back supplies hoping prices will rise further, reducing what consumers can buy in open markets.

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India’s richest families will pass $1.5 trillion to next generation in decade

India’s richest families are preparing to hand over roughly $1.5 trillion to the next generation over the next decade, marking a historic shift in wealth and corporate control across the country. This massive transfer is happening because many of India’s top business owners and industrialists who built their empires in the 1980s and 1990s are

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Supreme Court rejects government’s attempt to reverse Airtel GST ruling

The Supreme Court has rejected the central government’s review petition in a case involving GST claims by telecom companies Airtel and Indus Towers. The court found no error in its August 2025 ruling and dismissed the Centre’s attempt to overturn that decision. This means the original judgment that allowed telecom companies to claim Input Tax

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