INDIAN ECONOMY
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India's economic growth is expected to slow in the first half of FY27 due to supply disruptions, despite resilient demand, before recovering later in the year, Nomura said on Monday, projecting 6.8% growth for the full year.
The brokerage believes overall growth will remain relatively resilient despite con...
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India's economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data won't capture an already-notable hit to the country's vast informal sector.
The extent of the stress is hard to gauge due to limited real-time figures ...
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"We do not do (trade) deals in a hurry and we do not do deals with deadlines or with a gun to our head."
When Commerce Minister Piyush Goyal said this at the Berlin Dialogue in Germany last year, it essentially summed up two things. First, India would chart its own course on the road to global trade, and s...
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India and New Zealand on Monday formally signed a long-awaited free trade agreement (FTA). The deal, described by New Zealand PM Christopher Luxon as a “once-in-a-generation” pact, is expected to boost trade in goods and services, enhance investment flows and improve labour mobility. Responding to Luxon’s ann...
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Travel between Meerut and Prayagraj is set to become much faster and smoother with the new Ganga Expressway expected to reduce journey time from the current 10–12 hours to around 6 hours. Prime Minister Narendra Modi will inaugurate the project on April 29 in Uttar Pradesh’s Hardoi.
On April 29 at around 8...
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MARKET & FINANCE
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Invesco, one of the world's largest asset managers, considers it too early to expect interest rate hikes by the Reserve Bank of India as a response to risks emanating from the war in the Middle East, and favors investing in Indian bonds with medium-term maturities, according to a senior fund manager at the fi...
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Indian government bonds closed little changed after coming under pressure during the trading session on Monday after U.S. President Donald Trump cancelled a visit by his envoys to Islamabad for peace talks, sending crude oil prices higher and dimming hopes of a diplomatic breakthrough.
India's benchmark 6....
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GLOBAL CORPORATE
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Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government advances a review of oil and gas contracts that could lead to fresh activity, four sources involved in the preparations said.
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The Australian government said on Tuesday that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not negotiate deals to pay local media outlets for news on their platforms.
A proposed News Bargaining Incentive would tax the three big tech companies 2.25% on their local r...
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Trucks loaded with crushed rock and ore made their way through a craterlike landscape in western Finland, the first place in Europe to house the entire cycle of lithium mining, from mine to refinery.
Lithium is critical for the manufacture of modern electronics and has become a strategic resource, with som...
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When is a Chinese AI startup not a Chinese AI startup? When it's based in Singapore, or elsewhere, to distance itself legally and politically from Beijing.
The practice known as "Singapore-washing" is under scrutiny after China blocked a major US acquisition on national security grounds.
China's top eco...
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The contest over artificial intelligence between the US and China has entered a more confrontational phase. What began as a race for innovation has now hardened into a struggle over control of talent, intellectual property and strategic technologies. The latest Chinese government move to block Meta’s acquisit...
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Shell plc has agreed to buy ARC Resources Ltd. in a $16.4 billion deal, combining equity and debt. The acquisition will add about 370,000 barrels of oil equivalent per day to Shell’s production, making it one of the company’s biggest moves since its purchase of BG Group in 2016. The deal is to improve Shell’s...
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GLOBAL ECONOMY
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The fallout from two months of war in Iran is shuttering textile mills in India and Bangladesh, grounding airplanes in Ireland, Poland and Germany, and prompting energy rationing in Vietnam, South Korea and Thailand. The only coun...
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British retailers reported the broadest year-on-year decline in sales in more than 40 years as the Iran war raised households' inflation fears, a survey from the Confederation of British Industry showed on Monday.
The CBI's mon...
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Credit ratings agency Moody's on Monday revised China's outlook to "stable" from "negative", citing resilient economic and fiscal strength despite ongoing domestic pressures and challenges in trade and geopolitics.
The ratings ...
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Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with emerging and developing markets facing rising inflation, growing fiscal strains and trade disrupt...
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Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to contract this year on spillovers from the U.S.-Israel war with Iran right on its doorstep.
The w...
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Brazil's public debt dropped in March from the previous month as net bond redemptions offset an increase in interest payments, Treasury data showed on Monday.
Public debt fell 2.34% from February to 8.633 trillion reais ($1.73 ...
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British finance minister Rachel Reeves should explicitly aim to bring public debt below its current level within the next three years, rather than simply halt its current rise, a committee of Britain's upper house of parliament sa...
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INDIAN CORPORATE
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Analysts have started to trim financial year 2026-27 (FY27) earnings growth forecasts for India Inc amid firm crude oil prices that continue to rule above $100 a barrel (bbl).
The rise in crude oil and gas prices as a result of...
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Amazon India is accelerating its quick commerce push, with plans to expand Amazon Now to 100 cities across the country with more than 1,000 micro-fulfilment centres, as competition intensifies in rapid delivery and urban convenien...
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JSW Group is set to enter the Indian passenger vehicle market later this year, beginning with a handful of company-owned showrooms ahead of its first product launch, expected to be an SUV featuring plug-in hybrid technology.
So...
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Market leader UltraTech Cement net profit grew 20.2% annually for the quarter ended March 31, on the back of improved sales. Net profit for the quarter came in at Rs 2,983 crore as compared to Rs 2,482 crore in the same quarter la...
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The outstanding debt of the National Highways Authority of India (NHAI) has dropped below Rs 2 lakh crore, from a alarming high of Rs 3.42 lakh crore it touched in 2022-23, which led to the highway builder being barred from additi...
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Investors were keenly awaiting Ultratech Cement’s March 2026 quarterly results in a bid to understand its ability to manage rising input costs at a time when the local economy has been reeling from the impact of the Middle East wa...
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