India’s merchandise export data showed a record high of $88.91 billion for April-May 2026-27 driven by growth across manufacturing pharmaceutical and IT sectors.
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India Merchandise Exports Hit $88.91 Billion in April-May 2026-27 Up 16 Percent Year on Year
Official data showed India’s merchandise exports rose sharply by 16.09 percent in April-May of FY2026-27 reflecting strong demand from diversified global markets.
RBI Data Shows Indian Household Debt Rises to 41.3 Percent of GDP Above Five-Year Average
The Reserve Bank of India reported that household debt rose to 41.3 percent of GDP at end-March 2025 driven primarily by consumption-oriented retail lending.
India Growth Trajectory: Agriculture and MSMEs Record 10 and 17 Percent Expansion in FY26
India’s farm and micro enterprise sectors are outpacing broader economic growth as government guarantee schemes and targeted support fuel rapid expansion.
India Rising Fuel Inflation Driven by West Asia Conflict Hits 30 Percent in May 2026
Rising energy costs linked to the West Asia conflict drove India’s fuel inflation to 30.33 percent while food inflation climbed to 4.49 percent in May 2026.
Agricultural and MSME Sectors Record 10 and 17 Percent Growth Backed by Government Schemes
India’s agricultural sector grew by 10 percent and MSMEs expanded by 17 percent driven by government guarantee schemes and targeted financial support.
India Merchandise Exports Rise 16 Percent to $88.91 Billion in April-May 2026-27
The government reported that India’s merchandise exports surged by 16.09 percent year-on-year during the April to May period of FY2026-27.
India Growth Projected at 6.8 to 7.2 Percent Making It Among Fastest Growing Major Economies
DFS Secretary M. Nagaraju told an ASSOCHAM conference that India remains one of the world’s fastest-growing major economies with growth expected between 6.8 and 7.2 percent in 2026.
70 Percent Youth Underemployment Claim for College Graduates Is Misleading PolitiFact Finds
PolitiFact rated as false a claim that youth underemployment among college graduates stands at 70 percent nationally citing no credible supporting data.
New Reuters Poll Finds 64 Percent of Americans Oppose Rapid AI Data Center Build-Out
A Reuters-Ipsos survey of more than 4500 Americans showed deep scepticism about AI data centers with 64 percent opposed to rapid construction.