Context: Oil-marketing companies (OMCs) raised the price of commercial LPG cylinders by about ₹10 from September 1, after two consecutive months of decline. The 19-kg cylinder in Delhi now costs ₹2,747.5, while the 14.2-kg domestic cylinder price rem...

Context: After nearly 36 years without an A-grade sovereign rating, India received a major upgrade from the Japan Credit Rating Agency (JCR) on September 2, raising its long-term sovereign rating from BBB+ to A-. The upgrade reflects confidence in In...

Context: India has completed a decade of formal inflation targeting (IT) by the Reserve Bank of India (RBI). The framework aims to maintain Consumer Price Index (CPI) inflation at 4%, with a tolerance band of ±2 percentage points. However, evidence p...

Context: A former Finance Secretary questioned the official Q1 FY 2026-27 GDP growth estimates of 7.8% in real terms and 10.3% in nominal terms, suggesting substantially lower growth.However, the criticism incorrectly combines old-series and new-seri...

Context: The National Statistical Office (NSO) released a new series of National Accounts Statistics (NAS), reporting manufacturing GVA of ₹38.6 lakh crore in 2023-24, equal to 14.7% of GDP at current prices.An alternative estimate based on official...

Context: Rising Japanese government bond (JGB) yields are making domestic Japanese bonds increasingly attractive, potentially reversing Japan’s long-standing flow of capital into overseas bond markets.The 3% yield threshold is particularly significan...

Context: The U.S. Senate has passed the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026, which proposes sanctions and additional trade restrictions linked to Russia.A key provision authorises tariffs of up to 100% on countries among the five...

Context: Real GDP growth in April–June 2026 (Q1 FY2026-27) stood at 7.8%, well above the expected 6–7%, despite concerns over the West Asia crisis.The growth was broad-based, led by manufacturing and services, indicating that it was not merely a stat...

Context: Despite global disruptions arising from the West Asia conflict, India’s macroeconomic indicators have remained stronger than initially expected.GDP growth has remained above 7%, while inflation has stayed relatively contained and the current...

Context: Despite the West Asia conflict, India's economic growth has remained resilient, with GDP growth potentially reaching around 8% in the latest quarter, supported by strong automobiles, credit, exports and corporate earnings.However, much of th...