RBI projects FY27 inflation at 5.2 pc

IANS | October 7, 2026 10:53 AM

New Delhi, Oct 7 (IANS) The Reserve Bank of India on Wednesday projected consumer price inflation at 5.2 per cent for FY27, saying price pressures were no longer as benign as they were last year, citing higher food and energy prices and supply-side risks.

GST Council meet: Tech industry seeks clarity on overseas branch, R&D exports

IANS | October 7, 2026 10:12 AM

New Delhi, Oct 7 (IANS) Ahead of the upcoming 57th GST Council meeting -- that was rescheduled for Thursday -- IT industry body Nasscom has flagged two issues concerning the treatment of services exports that are supplied through overseas branches and R&D, engineering and testing work carried out in India on prototypes provided by overseas customers.

RBI set to announce repo rate decision amid geopolitical tensions

IANS | October 7, 2026 9:12 AM

New Delhi, Oct 7 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) -- led by Governor Sanjay Malhotra -- is set to announce its bi-monthly interest rate decision on Wednesday amid challenging factors, including rising inflation and crude oil prices above $100 a barrel driven by Middle East tensions.

How India-UK economic ties can expand at regional level

IANS | October 6, 2026 9:11 PM

New Delhi, Oct 6 (IANS) The visit of a business delegation from the north of England to India offers an opportunity to shift the focus of bilateral economic engagement between the two nations from London to regional industries, universities and emerging centres of innovation, according to a media report.