INDIAN ECONOMY
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The country's debt-to-GDP ratio has moderated to 58.2 per cent (provisional) in FY26 as against 58.5 per cent in the previous financial year, Parliament was informed on Tuesday.
As of March 31, 2026, the total debt of the Centre stood at Rs 201.17 lakh crore (provisional), Minister of State for Finance Pan...
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While electronics has been the flagship sector under the government's Production Linked Incentive (PLI) scheme, it is food processing that has emerged as the biggest generator of direct employment, Times of India reported, creating the highest number of jobs with a fraction of the investment attracted by capi...
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India’s manufacturing sector is likely to see sharp growth in the coming years, supported by industrial policy and reforms, Morgan Stanley said in a report. With India seen entering a multi-year capex super-cycle, the manufacturing sector is projected to expand to $1.5 trillion by 2035, 2.8x its current size,...
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India’s crude supplies and import bill may face a fresh shock after a Houthi threat to blockade Saudi Arabia put the kingdom’s oil moving through Bab el-Mandeb at risk. The threat comes just as Saudi Arabian crude sharply regained share in India’s import basket over the last two weeks.
Kpler data showed Sa...
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The government has spent over Rs 70,000 crore in the current fiscal so far under fertiliser subsidies which is 40% of the budget estimate of Rs 1.77 lakh crore because of rise in global prices of soil nutrients since the West Asia war, the government stated in Rajya Sabha on Tuesday.
Sources told FE that w...
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India has set a target to increase its share of world merchandise exports to 10% by 2047 from 1.8% in 2024, the government informed the World Trade Organisation (WTO) as part of the review of its trade policy by the global trade body.
The review covers trade policy from 1 January 2021 to 31 December 2025. ...
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GLOBAL CORPORATE
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The US Federal Aviation Administration (FAA) is stepping up efforts to support the deployment of air taxis, supersonic passenger aircraft, drones and commercial space launches, as it looks to modernise aviation regulations and accelerate the adoption of next-generation technologies.
Speaking to Reuters at th...
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Airbus laid out medium-term targets including a near doubling of profits and stronger shareholder returns on Tuesday, signalling confidence in its ability to ramp up production as a bruised aerospace sector turns the corner on supply disruption.
The world's largest civil planemaker said it was targeting a ...
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The United States on Tuesday announced a trade deal with Jordan that the White House said would remove barriers for U.S. exporters and provide new access for critical U.S. industries.
As part of the deal, Jordan will remove non-tariff trade barriers and expand market access for U.S. goods, including agricu...
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Iraq's oil minister said on Tuesday that agreements signed between the oil ministry and U.S. companies during the Iraqi Prime Minister Ali al-Zaidi's visit to U.S. were estimated at $200 billion.
In an interview with Iraqi state television, the minister Basim Mohammed said the agreements would add signific...
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South Korea's Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, as part of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing sources.
Samsung could invest about €1 billion in the new ro...
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President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, according to people familiar with the matter, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse....
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Banking
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Punjab National Bank expects to break into the ranks of the world’s top 100 lenders within two years, as India’s third-biggest state bank by assets bets on faster credit growth and an expansion into new businesses to bolster its balance sheet.
“Given our trajectory on growth, profitability, and asset quali...
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The flow of foreign currency non-resident (Bank), or FCNR(B), deposits through the Reserve Bank of India’s special swap window is expected to rejig the funding profile of banks by lowering their cost of deposits and easing pressure on net interest margins (NIMs).
While some high-cost deposits may be allowe...
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GLOBAL ECONOMY
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Government debt across developed economies is set to climb to a record $75.8 trillion by the end of 2026 as countries struggle with persistent budget deficits, geopolitical tensions and rising spending demands, Fitch Ratings said ...
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Japan will take decisive action in the currency market if needed, Finance Minister Satsuki Katayama said on Wednesday, signalling Tokyo's readiness to intervene in the market as the yen slid to a 40-year low....
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Pakistan has asked the United States for a $10 billion exchange stabilization facility, according to a source briefed on the matter, which, if approved, could provide a lifeline for the cash-strapped South Asian economy.
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Hegseth appeared before Congress to seek more money for the war as he faced growing criticism from lawmakers. It was his first appearance before sceptical lawmakers since heavy US bombing of Iran resumed....
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INDIAN CORPORATE
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FMCG major Nestle India on Wednesday reported a 48.26 per cent on-year rise in consolidated net profit to Rs 958.68 crore in the June quarter of this financial year, supported by strong volume growth.
The company had posted ...
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Bharat Forge Ltd on Wednesday said it has signed a memorandum of understanding (MoU) with French-Canadian heavy-lift airship company FLYING WHALES to jointly develop and manufacture heavy-lift airships in India for defence and str...
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Adani Energy Solutions reported a more than two fold jump in its Q1FY27 consolidated net profit at Rs 1,149 crore. The company had reported net profit at Rs 512.48 crore in Q1FY26 showing a 124.4% year-on-year(YoY) jump in Q1FY27....
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Indian Hotels Company Ltd (IHCL) reported a 20.8% year-on-year (y-o-y) increase in consolidated net profit for the first quarter of FY27 (Q1FY27), as domestic demand remained robust owing to the wedding and holiday season. The res...
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Ikea India is evaluating an entry into quick commerce and third-party e-commerce platforms while preparing to expand beyond the country’s largest metro markets, signalling the next phase of growth for the Swedish furniture retaile...
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Paras Defence and Space Technologies‘ subsidiary, Paras Semiconductors, has signed a Memorandum of Understanding (MoU) with the Department of Science and Technology, acting through the MP State Electronics Development Corporation ...
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The Shapoorji Pallonji Group’s talks with the Tata Group over its 18.4% stake in Tata Sons are focused on a structure that could allow it to raise funds in multiple tranches, enabling the construction conglomerate to retire a port...
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Insolvency
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The insolvency framework is all set for its biggest tech overhaul since inception with the Ministry of Corporate Affairs (MCA) releasing a blueprint for the Integrated Platform for Insolvency Ecosystem (iPIE). This will be a singl...
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