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FY26 Economic Outlook 'Steady as She Goes': FinMin

The Daily Guardian

|

July 29, 2025

Indian economy has the look and feel of "steady as she goes" for the current fiscal, the finance ministry said on Monday even as it flagged slowing credit growth.

- AGENCIES

FY26 Economic Outlook 'Steady as She Goes': FinMin

In its monthly economic review, the ministry said the first quarter of fiscal 2025-26 (FY26) presents a picture of resilient domestic supply and demand fundamentals.

With inflation remaining within the target range and monsoon progress on track, the domestic economy enters the second quarter of FY26 on a relatively firm footing.

While geopolitical tensions have not elevated further, the global slowdown, particularly in the US (which shrank by 0.5 per cent in Q1 2025), could dampen further demand for Indian exports.

PLUS D'HISTOIRES DE The Daily Guardian

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Police close probe into stone attack on Anil Deshmukh; leader alleges pressure

The Nagpur rural police have closed the probe into the alleged stone attack on Nationalist Congress Party (Sharad Pawar) [NCP(SP)] leader and former Maharashtra Home Minister Anil Deshmukh, declaring the case false through a 'B Summary' report submitted in a Katol court last week.

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PM MODI UNVEILS RS 100 COIN FEATURING BHARAT MATA AT RSS CENTENARY

Prime Minister Narendra Modi on Wednesday unveiled a Rs 100 coin and postage stamp to mark the RSS centenary, featuring Bharat Mata on Indian currency for the first time.

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The Daily Guardian

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100 YEARS OF RSS: CIVILISATIONAL INSIGHTS INTO BHARAT'S PLACE IN THE WORLD

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Elgar Case: Teltumbde withdraws foreign travel plea after Bombay HC shows reluctance

Academician and activist Anand Teltumbde, an accused in the Elgar Parishad-Maoist links case, on Wednesday withdrew his petition before the Bombay High Court seeking permission to travel abroad for academic lectures, after the court indicated it was not inclined to grant the request.

time to read

1 mins

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The Daily Guardian

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Abhishek Sharma breaks ICC T20I batting record, hits all-time high rating

India opener Abhishek Sharma on ‘Wednesday created history by achieving the highest-ever rating on the ICC Men's T201 Batter Rankings, surpassing a record that had stood for nearly five years.

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1 min

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The Daily Guardian

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"No reason to doubt": Bombay HC allows Rhea Chakraborty to retain passport

The Bombay High Court has ordered the Narcotics Control Bureau to permanently return actor Rhea Chakraborty’s passport, relaxing a bail condition imposed in the 2020 drugs case connected to actor Sushant Singh Rajput’s death.

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1 mins

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The Daily Guardian

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K'TAKA HC REFUSES TO VACATE STAY ON MOVIE TICKETS PRICE CAP

The Karnataka High Court has refused to interfere with a single-judge order that had stayed the enforcement of the Karnataka Cinemas Rules, 2025, which sought to cap cinema ticket prices at 200.

time to read

1 mins

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The Daily Guardian

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Cabinet approves opening of 57 new Kendriya Vidyalayas

The Union Cabinet on Wednesday approved opening of 57 new Kendriya Vidyalayas (KVs) which would benefit over 86,000 students, Union minister Ashwini Vaishnaw said.

time to read

2 mins

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The Daily Guardian

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'I Love Mohammad' row: Arrests in Bareilly climb to 81

The Uttar Pradesh police on Wednesday arrested Itte-had-e-Millat Council (IMC) National General Secretary Nafees Khan and his son Farman Khan in connection with the September 26 protests in Bareilly, taking the total number of arrests to 81.

time to read

1 min

October 02, 2025

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