Why India buys crude oil from Russia and how much it imports

India importing crude oil from Russia

India is in second place for importing Russian crude oil, after China. Oil has the potential to boost GDP and improve national development but a quick change in global oil prices can tumble the economy. Countries like the US and Russia are among the largest oil producers in the world. Fluctuations in oil price can … Read more

RBI interest rate decision: RBI repo rate cut after India inflation drops?

rupee representing repo rate

India’s CPI inflation hits a multi-year low, sparking speculation in market on whether the RBI will cut the repo rate. Current Inflation Trends in India India’s retail inflation fell to a historic low of 0.25% in October 2025. For this sharp decline in the consumer price index (CPI), there’s room for a potential repo rate … Read more

Youth unemployment in India 2025: Latest rates and trends

Unemployment is a big problem in India. With over 371.4 million youth, finding the right job is not easy. Latest trends according to Ministry of Statistics and Programme Implementation (MoSPI) shows that India’s overall unemployment rate fell to 5.2% in July–September 2025, down from 5.4% in the previous quarter, indicating a slight improvement in the … Read more

India CPI inflation october 2025: How GST affects CPI

arrow representing low cpi inflation

India’s retail inflation fell to a 99-month low of 0.25% in October 2025. Retail inflation is measured by the Consumer Price Index (CPI) and its down from the previous month, in September India’s retail inflation was 1.54%, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). This decline in the inflation … Read more

What is India-US Mission 500 Economic Partnership?

India and the United States have set an ambitious target to expand their economic partnership under a plan known as “Mission 500.” The initiative aims to boost bilateral trade, double it between the two nations to $500 billion by 2030, reflecting a significant step in deepening commercial ties and fostering economic growth. This huge initiative … Read more

What is CBDC? Why India Needs a Digital Rupee

what is cbdc india digital rupee

India is slowly entering a new era of money, and there is a digital currency issued by the central bank. While physical cash continues to dominate, the Reserve Bank of India (RBI) is exploring Central Bank Digital Currency (CBDC) as a way to modernize payments, reduce costs, and improve transparency in financial transactions. The value … Read more

India Economy Growth: Will it become 3rd-largest by 2028?

India is expected to grow at about 6.5% year-on-year (YoY) between FY28 and FY30, making it the world’s third-largest economy by 2028 and the third-largest consumer market by 2026, according to UBS. Global growth is expected to slightly decelerate to 3.1% in 2026 from 3.2% in 2025, before rising to 3.3% in 2028. Despite this … Read more

Impact of United States tariffs on the Indian economy

In August 2025, trade relations between India and the United States became tense. The U.S. government, led by President Donald Trump, put heavy import taxes on Indian goods. It started with a 25% tariff and later raised it to 50%. The main reason given was India’s continued purchase of Russian oil, even after Western countries … Read more