ADB expects growth to rebound to 7.3 percent in FY2027-28, unchanged from its earlier forecast and also higher than the IMF's projection of 6.7 percent.

India remains among the fastest-growing major economies, with growth projected at 6.4 percent, supported by strong momentum in private consumption and services activity, the Fund noted

India’s inflation estimate to 4.9 percent from 5.1 percent estimated earlier

Citi now expects the RBI to stay on hold through March 2027, while raising India’s FY27 growth forecast to 6.9% and cutting its inflation estimate to 4.7%.

Iran’s share in India’s crude basket collapsed to just 2.77 percent in 2019 from 11.28 percent in 2018, before disappearing entirely from India’s top suppliers in subsequent years

India could gain through lower crude prices, softer inflation and a narrower current account deficit, but experts warn the peace framework is yet to be tested. Every $10-per-barrel reduction in crude prices lowers India’s annual import bill by roughly $13–14 billion and narrows the current account deficit by close to 0.3 percentage points.

The World Bank expects India’s growth to rebound to 7.2 percent in FY28 and 7.0 percent in FY29, supported by firmer domestic demand and a pickup in exports

United States, which started the war by joining Israel to attack Iran on Feb. 28, is being spared a downgrade.

According to government data released last week, GDP growth in FY26 accelerated to 7.7 percent from 7.1 percent in FY25, supported by healthy consumption and robust investment activity.

At a time when global economies are grappling with slowing growth, geopolitical tensions and trade disruptions, India continues to be viewed as one of the world's most attractive investment destinations.

The surplus in the broadest measure of trade in goods and services stood at $7.1 billion, or 0.7% of the gross domestic product, in the quarter

Central government capex growth has collapsed to 1.6% — and yet, total investment in the economy is accelerating. Is private investment kicking in?

India’s economy showed remarkable resilience, with GDP growing at 7.7% in FY26, driven by robust household consumption despite global geo-economic headwinds. An Iran-war-induced oil spike and a looming El Niño stand out as near-term risks

Any premature policy rate hike could break the momentum in domestic demand that has been the biggest driver of growth last year

On a year-on-year basis, PFCE witnessed a growth from 5.6 percent in Q4 of FY25

The US-Iran MOU for a peace agreement has sent oil prices tumbling as the market prices in an abundant supply situation. For investors, it’s time to discern which companies can benefit, which could lose, and what risks remain

The US-Iran peace deal has cooled oil prices but El Nino could make rate hikes happen

Brent’s fall after the Trump-Iran deal eases pressure on India’s rupee, inflation and import bill. But it also changes the maths for ethanol blending, Russian crude discounts and export margins.

Lower crude prices can ease pressure on India’s rupee, bonds, inflation and import bill, but Iranian crude, Russian oil and Chabahar still depend on sanctions clarity.

Following Trump's remarks, international crude oil prices fell with Brent crude -- the global oil benchmark -- trading lower by 4.25 per cent at $86.54 per barrel in futures trade.

US CPI hit 4.2% in May 2026, a three-year high on the Iran oil shock. Fed rate-hike bets rise. What it means for India, the RBI and the rupee.

A peace deal with the IRGC at the centre will mean a more security-centred Iranian economy

Potential rate rises could give way to a broad range of investment opportunities

Elevated crude oil prices are a certainty now, which for the bond market is an uneasy outcome.

The expectations follow Governor Sanjay Malhotra‘s signal Friday that policymakers could raise interest rates if inflation pressures become more generalized and persistent

RBI buys time for itself to understand the second-round implications of the supply shocks on prices.

At the current juncture, monetary policy appears to be behind the curve, and one can expect 75-100 bps cumulative rate hikes over the next 3-4 monetary policies.

The decision to hold rates was widely expected. The more significant development was the RBI's gradual shift towards protecting the external account. That challenge—not the repo rate—is likely to shape Indian monetary policy for the remainder of the year.

The governor said the rate-setting panel decided to keep the core inflation projected at 4.7%, adding that underlying inflation pressure remain benign at this point.

While it may be difficult to provide a crystal-clear guidance, it may be good for the RBI to present its assessment of the factors that it is watching for and what might trigger an eventual rate hike.

Commerce minister Piyush Goyal said achieving the target would require 17% growth in merchandise exports and 11% growth in services exports this year

Piyush Goyal said India had “barely scratched the surface” of its potential in the UK import basket and stressed the need for exporters to focus on scale, quality, mechanisation, branding, and packaging to drive “transformational growth” rather than incremental gains

Piyush Goyal said both sides are now working to ensure that India retains a meaningful competitive advantage over countries with similar cost structures and export profiles, including Vietnam, Thailand, the Philippines, China and Malaysia

Smartphone exports rose 4.3 percent year-on-year to $245.6 million in April even as India’s overall exports to the UAE plunged 36.5 percent

Piyush Goyal also said India was seeing strong interest in manufacturing and global value chains, driven by cost competitiveness and scale, adding that the country’s attractiveness was not dependent on “China+1” strategies and must be built on its own fundamentals

Speaking at an industry event, Goyal said the sector has “not reached anywhere near its potential” and can scale rapidly if India moves beyond being a generics manufacturing hub to a global innovation centre in pharmaceuticals.

Goyal said India's strong growth performance reflected sustained policy interventions and economic reforms undertaken over the past decade.

Piyush Goyal said some members of the US trade team are already in India, and the rest of the team will join soon as the both delegations are set to meet between June 2 and 4.

Piyush Goyal said discussions with industry representatives covered sectors including artificial intelligence, mining, clean energy, critical minerals, e-waste management, agriculture and tourism.

Among the standout performers were diesel-electric locomotives, with exports surging to $107.18 million in FY26 from just under a million dollars in the previous year

Piyush Goyal said the pace of engagement since March had reinforced confidence that the ambitious timeline could be achieved

India total exports, including services came in at an all-time high of $863 billion in FY26.

India total exports, including services came in at an all-time high of $863 billion in FY26. Goyal said the performance came despite elevated US tariffs, the continuing Ukraine war and escalating tensions in West Asia earlier this year.

Commerce Minister Piyush Goyal says Indian businesses must work collectively to strengthen domestic industry as geopolitical and economic disruptions reshape global trade.

At the CII Annual Business Summit 2026, Piyush Goyal said India should leverage AI, GCC growth and deep-tech manufacturing to become a global technology leader.