Panorama February 2026 edition is out now! Here are the key insights from the report: India’s fiscal consolidation has largely been driven by a decline in expenditure (as a % of GDP), falling from a peak of 17.7% in FY21…

India’s retail inflation increased to 2.75% YoY in January 2026 under the new CPI series, compared with 1.33% YoY in the previous month under the old series. The base year for the revised series has been updated to 2024 from…

On 2 Feb 2026, India and the US cut tariffs on Indian exports from 25% to 18% and removed the penal tariff linked to Russian oil, signalling deeper trade alignment. The US is India’s largest trade partner, and labour-intensive sectors…

The RBI’s Monetary Policy Committee (MPC) kept the repo rate and policy stance unchanged in its February 2026 meeting, citing a stable growth and inflation outlook. The MPC statement noted that underlying inflation remains low and the growth outlook is…

We are pleased to present a comprehensive analysis of the Union Budget 2026–27. This report provides detailed insights into the central government’s projected finances, evaluates the credibility of revenue assumptions, and offers an in-depth review of expenditure plans. It also…