Indian Economy

India’s telecom subscriber base crosses 1.32 billion in February; broadband surge fuels growth

TRAI data highlights rising tele-density, strong rural expansion, and continued dominance of private telecom giants

India’s defence exports jump 62.6 per cent to record Rs 38,424 crore in FY26:

Indigenous push and global demand power surge as public and private sectors drive India’s emergence as a defence export hub

UK factories hit by worst cost surge since 1992 as war disrupts supply chains

PMI signals rising inflation risk as Middle East conflict drives input costs higher and squeezes output

Rupee risks slide to 100 per dollar as Iran war fuels oil shock and capital outflows

Strategists warn RBI curbs may offer only temporary relief as crude surge, inflation fears and foreign outflows deepen pressure on Indian currency

US gasoline prices cross $4 mark after four years as Iran war disrupts global oil supply

Strait of Hormuz tensions and surging crude push fuel costs higher, squeezing households and complicating Trump’s economic narrative ahead of midterms

SBI suggests special forex window for oil companies to stabilise rupee amid rising volatility

Large dollar demand from oil marketing companies is adding pressure on the rupee; separate FX mechanism could ease market stress, says report

Rupee slide mirrors global currency moves amid West Asia tensions; strong reserves cushion volatility, says SBI

SBI report flags global uncertainty—not domestic weakness—as the key driver; suggests targeted FX measures and liquidity calibration to stabilise markets

MeitY clears Rs 7,104 crore plan; rare earth magnet unit, Micron scale-up in focus

MeitY approves 29 projects under ECMS, targeting critical components, local battery manufacturing, and semiconductor scale-up; over 14,000 jobs expected

Markets tumble as Nifty slips below 22,350, Sensex crashes over 1,600 points

Rupee touches 95.12 intraday before settling at a historic 94.83 close, while broad-based selling led by metals and financials drags benchmarks sharply lower

India’s growth rides on strong domestic demand, but West Asia tensions pose stagflation risks: Morgan Stanley

Strong consumption, GST buoyancy and improving credit trends support outlook, but energy shocks and geopolitical volatility pose downside risks