India’s GDP forecast is revised upward by the IMF, with FY26 and FY27 set at 7.3% and 6.4%, respectively.

The International Monetary Fund (IMF) revised its projections upward in its World Economic Outlook released on January 19, indicating that India’s economy is expected to develop faster than previously projected in both the current and future fiscal years. India’s GDP is predicted by the IMF to grow by 7.3% in FY26, an increase of 0.7…

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The RBI adjusts its inflation forecasts to 4%. According to economists, a longer rate-cut cycle is possible.

In light of strong agricultural output and declining crude prices, the Reserve Bank of India (RBI) reduced its inflation forecast for FY26 on Wednesday from 4.2% to 4% from 4.2% in February. The RBI’s Monetary Policy Committee (MPC) examined the state of the economy during its policy meeting and identified a significant improvement in food…

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copper

Copper held steady as a result of China’s hope on policy support

The optimistic developments in China’s policy support for its economy caused copper prices to marginally decrease by -0.05%, ultimately finishing at 729.5. China’s central bank gave a strong signal of support for the nation’s weak economy when it announced a significant reduction in bank reserves, bringing in approximately $140 billion to the banking sector. Furthermore,…

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India’s manufacturing PMI dropped to 57.5 in September, a 5-month low.

According to the S&P Global Purchasing Managers’ Index (PMI), India’s manufacturing activity climbed at the slowest rate in five months in September, but it remained strong, with strong demand lifting business confidence to its highest level this year, despite heightened inflationary pressures. S&P Global’s Manufacturing Purchasing Managers’ Index (PMI) was 57.5 in September as opposed…

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