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INDIAN ECONOMY
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India's inflation outlook will hinge critically on rainfall in September, with a further shortfall in the final month of the southwest monsoon potentially pushing FY27 consumer price inflation to 5.5 per cent or higher if El Nino conditions are confirmed, according to a Union Bank of India report.
The bank's...
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India's current economic outcomes are being shaped not purely by free-market forces but by a series of distortions. As per a report by Bernstein, company earnings, domestic consumption, and asset valuations are increasingly influenced by regulatory interventions, tax incentives, and substantial government tra...
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India's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continued government focus on capital expenditure, while nominal GDP growth could reach 12.5 per cent-13 per cent, according to recent report by EY. The firm said economic growth ...
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India-Russia relations are expected to further deepen and expand across areas of bilateral cooperation as the two countries work towards their target of USD 100 billion in bilateral trade by 2030, Russian Deputy Consul General Aleksandr Fursov said.
Speaking to the media ahead of the second edition of the Gl...
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India’s balance-of-payments outlook is being transformed by a funding channel that barely figured in forecasts at the start of the financial year. It is a set of temporary foreign-exchange swap windows opened by the Reserve Bank of India in June.
Banks had reported $72.85 billion of foreign-currency inflow...
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Industrial activity in India is reviving in the current financial year despite global and geopolitical challenges, with the Index of Industrial Production (IIP) growth averaging 6.3% in the first four months of FY27, higher than 4% in the same period last year. At current pace, IIP growth is likely to be the ...
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Finance Minister Nirmala Sitharaman said on Sunday that India has set a target of bringing its borrowing down to 50% of gross domestic product by 2030, as the government continues the fiscal consolidation path it took up after the COVID-19 pandemic. Speaking to members of the Indian diaspora in Chicago, Sitha...
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India and Argentina will advance farm and pharmaceutical market access in the coming months — with technical talks underway gaining momentum on Friday. The commerce ministry confirmed that Buenos Aires had “committed to work towards upgrading India” under its regulatory framework and reducing entry barriers.
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Liquidity is as important to an economy as interest rates. While interest rates determine the cost of money, adequate liquidity ensures that money continues to flow smoothly through the financial system. For a Central Bank, managing liquidity is therefore critical to maintaining financial stability and ensuri...
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The US Treasury yield rate is being monitored very carefully at the moment. It is that one number that could shape foreign investment, the outlook for the rupee and the Indian markets. Recently, the 30-year US Treasury bond yield shot up to its highest levels since June 2007. As a result, the gap between the ...
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India is scheduled to announce its Q1FY27 GDP in a few hours from now (August 31). Most economists see the economy projecting resilient trends and expect India’s real GDP growth to accelerate to around 7% in the first quarter of FY27.
“We estimate Q1FY27 real GDP growth at 7% with an upside of 0.2%,” Bank ...
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MARKET & FINANCE
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Indian government bonds fell on Monday, with the benchmark paper slipping into discount, as hawkish comments from U.S. central bank chief bolstered expectations of an interest rate hike next month, and as oil prices jumped above $90 a barrel.
The yield on the benchmark 6.94% 2036 bond was at 6.9480% as of 10...
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GLOBAL CORPORATE
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China's three biggest state-owned airlines reported first-half losses for the seventh consecutive year, battered by surging jet fuel prices, with the outlook for the rest of the year clouded by a lacklustre summer season.
Air China, China Eastern Airlines and China Southern Airlines posted combined first-h...
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U.S. President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports - but Japan's Toyota and Honda may end up footing the bill.
The two Japanese automakers account for more than three-quarters of all cars made in Canada. They could be forced to shutter some production lines if ...
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GLOBAL ECONOMY
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The TOI correspondent from Washington: There is still hope yet for US-Iran ties.
Some 50 years after the fall of Saigon, America's former enemy has achieved a distinction that would have seemed like satire in the 60s and 70s. Vie...
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US employment growth in the year to March 2026 was weaker than initially estimated, with the US bureau of labour Statistics (BLS) putting the preliminary downward adjustment to total nonfarm employment at 79,000, or 0.1 per cent.
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China's factory activity improved in August on stronger demand but remained in contraction, while services activity stayed weak, underscoring deepening imbalances in the economy and fuelling calls for policy measures to boost the ...
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U.S. Treasury Secretary Scott Bessent brushed aside concerns about turbulence in the U.S. government bond market, arguing that worries about rising debt and yields overlook the strength of the U.S. economy and its fiscal outlook....
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Nepal may face a reconstruction bill of up to $5 billion following the devastating flood that tore through the Himalayan nation’s northern border areas on August 26. At least 626 people have died and 2,426 people missing in the Hi...
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INDIAN CORPORATE
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Tata Motors Passenger Vehicles Ltd is gaining market share in the electric vehicle segment and has seen a three-fold increase in EV bookings over the last six months, even as production capacity is restricting its ability to fully...
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The edtech sector is beginning to recover from the funding-led boom and bust of the Byju’s era, but the companies emerging stronger are following a markedly different playbook. Rather than chasing enrolments and revenue through he...
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GST
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The 57th meeting of the Goods and Services Tax (GST) Council is scheduled to be held in New Delhi on September 12, while an officers’ meeting is scheduled for September 11, according to the official notice issued by the GST Council Secretariat.Sources said the Council is likely to consider easing restrictions...
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