Despite a brief surge in oil prices due to geopolitical tensions, India’s macroeconomic health remains strong, characterised by subdued inflation and growth-supportive policies. While risks from potential oil supply disruptions persist, India is well-positioned to navigate global challenges. The government aims to further boost productivity through strategic missions and deregulation, fostering economic resilience and growth momentum.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.
July 1, 2026