Economy

RBI Introduces New E-Mandate Framework For Safer, Seamless Autopay

Textile Insights April 22, 2026

The Reserve Bank of India has rolled out the Digital Payments – E-Mandate Framework, 2026 to make recurring digital transactions more seamless, secure and user-centric, while strengthening a consent-driven autopay ecosystem. A key feature of the framework is the mandatory 24-hour pre-debit

Economy

India’s Growth Seen At 6.4% In 2026, 6.6% In 2027: UN Report

Textile Insights April 22, 2026

India’s economy is projected to grow at 6.4% in 2026 and 6.6% in 2027, according to the Economic and Social Survey of Asia and the Pacific 2026 released by United Nations Economic and Social Commission for Asia and the Pacific. The report highlights India as the primary growth engine in South and South-West Asia, where […]

Economy

SBI Report: India Strong Enough To Withstand Oil Surge

Textile Insights April 21, 2026

India is navigating the ongoing oil price surge and West Asia conflict from a position of resilience, with GDP growth projected at 6.8%–7.1% for FY27, according to a report by SBI Research. The report noted that unlike past oil shocks that triggered recessions in the United States, the current scenario is different due to strong […]

Economy

Euro Area Inflation Rises To 2.6% In March: Eurostat

Textile Insights April 20, 2026

Inflation in the Euro Area accelerated to 2.6% in March 2026 from 1.9% in February, while the broader European Union rate rose to 2.8% from 2.1%, according to data released by Eurostat. The uptick was largely driven by services, which contributed the most to inflation, followed by energy, food, alcohol and tobacco, and non-energy industrial […]

Economy

India Growth Seen At 6.5% In FY27: IMF

Textile Insights April 16, 2026

International Monetary Fund (IMF) has projected India to maintain a steady growth rate of 6.5% in FY27, retaining its position as the world’s fastest-growing major economy despite rising geopolitical tensions in West Asia. In its latest World Economic Outlook released in Washington, D.C., the IMF also revised India’s FY26 growth forecast upward by 0.3 percentage […]

Economy

FDI Flows Hold Firm As Tech, Policy Shape Investment Trends: Kearney

Textile Insights April 15, 2026

Kearney has released its 2026 Foreign Direct Investment Confidence Index (FDICI), highlighting a resilient yet increasingly selective global investment environment shaped by geopolitical tensions, industrial policy expansion and rapid technological competition. Based on a January 2026 survey of over 500 senior executives worldwide, the report finds that 88% of companies

Economy

West Asia Crisis May Widen India’s Cad TO 2%: Crisil

Textile Insights April 14, 2026

A prolonged crisis in West Asia could push India’s current account deficit (CAD) to around 2% of GDP, as higher energy costs and weaker external inflows strain the country’s external balance, according to a report by CRISIL. The report highlights that under a stress scenario, rising crude oil prices, higher natural gas costs and increased […]

Economy

World Bank Approves US$ 500 Mn For Morocco’s Jobs And Green Growth Push

Textile Insights April 13, 2026

The World Bank has approved a US$ 500 million financing package for Morocco under the First Jobs and Green Growth Development Policy Loan, aimed at boosting employment, strengthening SMEs and accelerating the country’s green transition. The programme, the first in a planned series of three supports Morocco’s Jobs Roadmap, targeting expanded employment opportunities for

Economy

India Growth To Ease to 6.6% In FY27: World Bank

Textile Insights April 13, 2026

India’s economic growth is projected to moderate to 6.6% in FY27, as elevated energy prices and supply chain disruptions linked to tensions in the Middle East weigh on overall activity, according to the latest update from the World Bank. Despite the expected slowdown, the country is set to remain one of the fastest-growing major economies […]

Economy

India Eyes Deeper Gulf Partnerships Post Ceasefire

Textile Insights April 13, 2026

India is intensifying its diplomatic and economic engagement with the Gulf at a time when the region is cautiously stabilising after weeks of geopolitical strain, positioning itself as both a dependable energy partner and a broader anchor of economic confidence. With a fragile ceasefire easing tensions involving Iran, Israel and the United States, New Delhi […]