Economy

News on Indian Economy

India’s Shift from WPI to PPI: A Major Reform in Measuring the Economy

The Wholesale Price Index has long been used to track price changes at the wholesale level. It mainly captures the movement of goods prices before they reach consumers. While this has served India for decades, the structure of the economy has changed significantly. Services now form a large part of national output, supply chains have become more complex, and policymakers need sharper tools to understand how price pressure moves across different stages of production.

India-Oman Trade Pact Strengthens New Delhi’s Energy Security and Gulf Strategy

Energy security is one of the strongest pillars of this agreement. India depends heavily on imported crude oil, natural gas and petrochemical inputs to support its industries, transport network, power needs and manufacturing economy. Oman, with its established energy sector and trusted relationship with India, offers a reliable supply partner in a region that remains central to global oil and gas flows.

Cabinet Clears ₹10,000 Crore ATF Stabilisation Support to Shield Indian Aviation from Fuel Price Shock

The aviation industry is highly sensitive to fuel costs because ATF forms one of the largest components of airline expenditure. Under normal conditions, ATF accounts for nearly 40 per cent of operating costs. During periods of extreme volatility, this share can rise to nearly 60 per cent, creating pressure on route planning, ticket pricing, cargo operations and overall financial stability. The new support mechanism is designed to bring predictability into fuel pricing and prevent sudden cost shocks from flowing directly to passengers.

Maharashtra Tunnel Breakthrough Pushes India’s Bullet Train Project Into Faster Construction Momentum

The MT-07 tunnel is 417 metres long and 14.4 metres wide. It has been designed to carry both up and down tracks of the bullet train corridor, allowing high-speed trains to pass through the mountain section with the required safety clearance and structural stability. The tunnel was excavated through controlled drilling and blasting from both ends, supported by continuous engineering supervision and safety protocols.

WAVES OTT Crosses 1 Crore Users, Marking a New Phase for India’s Public Digital Media

WAVES OTT has emerged as a broad public streaming destination rather than a narrow entertainment app. It now hosts more than 24,000 content titles and over 15,000 hours of programming across multiple categories such as news, education, spirituality, culture, entertainment and public service content. This scale gives the platform a distinctive character because it brings together television, radio, archival programming, live events, digital publications and educational streams under one public digital umbrella.

India and UK Push to Operationalise CETA as Trade Partnership Enters Delivery Phase

The latest round of engagement shows that the two countries are now focused on converting the agreement from a signed document into a working trade framework. Commerce and Industry Minister Piyush Goyal held discussions with UK Secretary of State for Business and Trade Peter Kyle on the next stage of India–UK economic engagement. The talks focused on advancing shared business priorities, strengthening trade ties and ensuring that the agreement begins delivering practical gains for companies, workers and exporters.

Rolls-Royce Eyes India for Jet Engine MRO, Gas Turbine Manufacturing and Small Modular Nuclear Reactors

One of the most immediate opportunities lies in aircraft engine Maintenance, Repair and Overhaul. India’s aviation sector is expanding at remarkable speed, driven by rising passenger traffic, large aircraft orders and the growth ambitions of domestic airlines. As Indian carriers add more wide-body aircraft to their fleets, the demand for engine support, overhaul, inspection and lifecycle services will also increase. A domestic engine MRO facility would reduce the need to send commercial aircraft engines abroad for servicing and would help build a stronger aviation support ecosystem inside the country.

India’s Auto Sales Gain Speed in May as Maruti, Hyundai, Mahindra and Toyota Post Strong Numbers

Maruti Suzuki India delivered the most striking performance of the month by recording its highest-ever monthly sales volume. The company sold 2,42,688 units in May, marking a major milestone for India’s largest carmaker. Its domestic sales touched a record 1,93,535 units, while exports stood at 41,914 units. The performance shows Maruti Suzuki’s continued strength across compact cars, utility vehicles, family cars and export markets.

India’s Rice Output Crosses Historic 150 Million-Tonne Mark, Strengthening Food Security and Global Leadership

Rice is more than a crop in India. It is a staple food, a livelihood source, a rural economy driver and a strategic commodity linked with national food security. From the paddy fields of West Bengal, Uttar Pradesh, Punjab, Haryana, Andhra Pradesh, Telangana, Tamil Nadu, Odisha, Bihar, Assam and Chhattisgarh, rice cultivation supports millions of farming families and feeds a large share of the population. Crossing the 150 million-tonne mark therefore represents a national agricultural achievement with deep social and economic meaning.