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INDIAN ECONOMY

India’s exports to US hold firm after a year of Trump’s tariffs

India’s share of exports to the US remained largely unchanged despite a year of President Donald Trump’s punitive tariffs and New Delhi’s efforts to diversify its trade with a raft of new deals with other countries. An analysis of trade ministry data for the 12 months through July shows the US continues to ac...

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Private capex confidence still catching up as uncertainty clouds investment decisions

Uneven demand, volatile commodity prices, trade-related uncertainty amid heightened geopolitical tensions and competition from cheap imports are weighing on corporate capital expenditure decisions, with investment confidence still "catching up", Times of India reported, citing a paper prepared for a two-day b...

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India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: Report

India could face a manufacturing GDP gap of up to USD 5.1 trillion by 2047 if it fails to unlock the potential of advanced manufacturing and adopt frontier technologies, according to a report by Angel One, which estimates that the country could miss out on USD 270 billion in additional manufacturing GDP by 20...

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Retail inflation may cross 6 per cent in Oct-Nov before easing in Q4 FY27: Report

India's retail inflation could briefly cross 6 per cent in October-November before easing to around 5 per cent in the fourth quarter of FY27, according to an SBI Research report. The report expects retail inflation to rise to 4.7 per cent in August from 4.45 per cent in July. "We expect August inflation pr...

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China boosts imports of Russian crude, stymieing India's refiners

One of the balancing acts that has prevented crude oil prices from spiking higher during the Iran war has been India buying record volumes of Russian crude. But it's getting more challenging for the world's third-biggest crude importer as top-ranked China resumes buying more from Russia amid the ongoing supp...

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The 20 reforms that could take India to a $20 trillion economy by 2036: Report

India could become a $20 trillion economy by 2036, but getting there would require a broad-based reform push rather than reliance on any single growth driver, according to an Equirus research report. The report, as cited by ANI, has laid out a 20-point agenda covering infrastructure, capital markets, human...

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El Nino impact on kharif crop unlikely to be significant: Chouhan

The government does not foresee any large impact of El Nino on kharif crop yield at present, as overall rainfall has been adequate for the requirement of various crops, Agriculture Minister Shivraj Singh Chouhan said on Tuesday. “We don’t see a huge impact of El Nino except in some places. The situation by...

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Crude import bill soars 57% to $63 billion in April-July

India’s crude oil import bill surged nearly 57% year-on-year (y-o-y) to $63.4 billion during April-July of FY27, even as import volumes remained virtually unchanged, highlighting the sharp impact of elevated global crude prices on the country’s energy bill. Crude imports rose just 0.5% to 81.9 million tonn...

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The Rs 50,000 crore question: Can India break into the top 25 arms exporters?

India’s defence exports have grown nearly 50-fold in a decade — from Rs 700 crore in FY2014 to Rs 38,400 crore in FY2026 — yet the country is still not among the world’s top 25 arms exporters. The next phase of growth could therefore depend less on expanding existing markets and more on where Indian weapons, ...

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Rs 80 lakh crore Amrit Kaal vision: The quiet small-cap behind India’s next infrastructure boom

India’s infrastructure story has quietly entered a new phase. Roads grabbed the headlines for years. Then railways followed and defence became the market’s favourite theme. Now another sector is attracting enormous government spending without generating the same excitement, and that sector is maritime infrast...

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MARKET & FINANCE

Indian stocks now least preferred in Asia: BofA survey

India has replaced Indonesia as Asia's least-preferred stock market among global fund managers, according to Bank of America's (BofA) August 2026 survey. The survey stated the absence of clear AI exposure remains the biggest concern for Indian equities, while weak growth has emerged as the next key risk Th...

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Looking to allow global fund management from India: Sebi chief Tuhin Kanta Pandey

Sebi chairman Tuhin Kanta Pandey on Wednesday said that among several market reforms that the regulator was working on, it was in the process of putting in place "a framework to support global fund-management activity from India." He also said that the Securities Lending & Borrowing Mechanism (SLBM) and the s...

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India’s family offices prepare for $1.5 trillion wealth transfer

India is entering a major phase of intergenerational wealth transfer, with an estimated $1.3 trillion-$1.5 trillion expected to change hands over the next decade, creating a larger pool of family-office and alternative investment capital, according to a Julius Baer-EY report. This transfer is coming at a tim...

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German finance ministry links high borrowing costs to security overhaul

The rise in Germany's borrowing costs to a 15-year high reflects the increased security challenges facing the country following Russia's invasion of Ukraine and the need to spend much more defence, the Finance Ministry said on Wednesday. German 10- and 30-year borrowing costs hit a fresh 15-year high in We...

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RBI's surprisingly hawkish tone in policy minutes weighs on Indian bonds

Indian government bonds came under heavy selling pressure early on Thursday after minutes of the central bank's latest policy meeting signalled it could raise rates if inflation risks materialise. The yield on the benchmark 6.94% 2036 bond was at 6.8382% as of 10:25 a.m. IST, after closing at 6.8170% on Wedn...

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GLOBAL CORPORATE

Lower tariffs on steel and aluminium: What's in the US-Canada trade deal

The United States and Canada have reached a tentative trade deal that would lower tariffs on certain Canadian steel and aluminium exports to 25%, offering some relief to businesses caught in the escalating trade dispute between the two neighbours, according to people familiar with the matter cited by Bloomber...

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Samsung Hikes Chipmaking Prices by up to 15% on Demand Spike, Sources Say

Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15% for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC....

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Demand From US Data-Center Boom Radiates Out Through Factory Supply Chains

Generac is best known for making backyard generators that rumble to life after power failures. But artificial intelligence is its new frontier. The Waukesha, Wisconsin-based company is spending $250 million by the end of next year to equip multiple factories to make beefed-up versions of its generators ...

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European Corporate Outlook Keeps Improving as Recovery Goes Beyond Energy Profits

A broadening corporate recovery beyond surging energy profits pushed Europe's blue-chip earnings forecasts higher for a ninth straight week, as most reporting companies exceeded analyst expectations in a historically strong season....

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Samsung Electroncis to Announce More Than $72 Billion Shareholder Return Programme, Media Reports

Samsung Electronics is set to announce a new shareholder return policy later this month worth more than 100 trillion won ($71.75 billion), media reported on Thursday, as the company plans to share record profits with shareholders amid an AI-driven chip supercycle. The South Korean memory-chip maker will h...

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INCOME TAX

Rs 2.33 crore cash withdrawn from bank and deposited months later Income Tax questions why it is kept idle

The department questioned why such a large amount would be withdrawn without a clear purpose and then allegedly kept in cash for two-three months. A large cash withdrawal from your bank account followed by a big cash deposit a few months later can raise questions from the Income Tax Department. But an earl...

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Banking

Policy rates may need recalibration: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra said policy tightening may be warranted if higher food, fuel and other input prices lead to a broad-based rise in inflation and de-anchor inflation expectations. “Any evidence of these risks materialising may need policy tightening,” Malhotra said, accor...

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GLOBAL ECONOMY

US debt crosses $40 trillion mark for the first time; more than doubled in 10 years

The US government debt has crossed the $40 trillion mark for the first time, the Treasury Department said on Wednesday. This raises concerns as rising social safety-net costs and interest payments are outpacing government revenues...

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UK Inflation Picks up After July Surge in Household Energy Bills

A jump in household energy bills pushed British inflation to a four-month high in July, matching forecasts, and it looks set to rise further as the war in Iran grinds on with no end in sight....

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Euro Zone Current Account Surplus Widens in June

The euro zone's current account surplus widened in June due to higher primary income, which includes flows such as dividends, wages and direct investment, European Central Bank data showed on Wednesday....

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Nigeria Reforms Helped to Avert Economic Collapse, Finance Minister Says

President Bola Tinubu's overhaul of Nigeria's economy, including scrapping a costly fuel subsidy and devaluing the currency, has helped to stabilise public finances, lift foreign reserves and attract investment, Finance Minister T...

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Japan Exports Rise 23.2% Year/year in July

Japanese exports rose 23.2% year-on-year in July, up for an 11th straight month, data from the Ministry of Finance showed on Thursday. The result compared with a 19.9% increase expected by economists in a Reuters poll....

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Australia Jobless Rate Hits Near 5-Year High of 4.5% in July

Australian employment unexpectedly fell in July and the jobless rate hit its highest point since late 2021, data showed on Thursday, adding to signs of a cooling labour market and easing pressure for another interest rate hike....

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Pakistan seeks USD 10 billion US facility to bolster forex stability

Pakistan has sought a USD 10 billion facility from the US to strengthen its foreign exchange position and reassure international investors, Finance Minister Muhammad Aurangzeb has said, as the cash-strapped country seeks to reduce...

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US debt crosses $40 trillion threshold after doubling under Trump and Biden

Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments...

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INDIAN CORPORATE

Vedanta invests over $1 bn in net-zero transition in FY26

Mining major Vedanta on Wednesday said it invested more than USD 1 billion in net-zero transition initiatives in FY26, with renewable energy, lower-carbon fuels, energy efficiency and technology-led interventions driving its decar...

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Urban Company, Unicommerce expand partnership to Saudi Arabia, UAE

Urban Company’s Middle East arm has partnered with Unicommerce to manage its e-commerce operations in Saudi Arabia and the UAE, the companies said in a regulatory filing on Thursday. As the online platform (avoid repeating compan...

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HAL’s biggest growth driver isn’t new fighters. It’s aftercare – worth Rs 24,000 crore

The defence industry in India is entering a phase where the biggest opportunity may not lie in selling a new fighter, helicopter or engine, but in what comes after delivery. For Hindustan Aeronautics Limited (HAL), maintenance,...

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SEBI

Sebi to overhaul SME listing framework, tighten AI/ML accountability in financial markets

The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework, while also tightening accountability around the use of artificial intellige...

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