INDIAN ECONOMY
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India is adopting a strategic approach in its trade relationship with China, aiming to expand exports and strengthen domestic manufacturing while gradually reducing its dependence on Chinese inputs. A senior government official told PTI that the focus is on maintaining balance rather than pursuing a complete ...
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The India New Zealand Free Trade Agreement (FTA) being signed today is expected to help reduce India’s dependence on select markets, said industry body Confederation of Indian Textile Industries (CITI). Made up garments category was the fourth largest import category of Indian imports into New Zealand in the ...
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India and New Zealand on Monday signed a long-awaited free trade agreement (FTA), sealing what Prime Minister Christopher Luxon has described as a “once-in-a-generation” pact that opens new pathways for trade in goods and services, investment flows, and labour mobility between the two countries.
The pact w...
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India is in the middle of its biggest wage shock in eighteen years. Almost nobody has noticed.
The 8th Central Pay Commission was formally constituted in November 2025. JPMorgan estimates its fiscal cost at around Rs 3.7 to 3.9 lakh crore — almost four times the bill of the 7th Pay Commission of 2016. By i...
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MARKET & FINANCE
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The government has now streamlined how Fixed Medical Allowance (FMA) will be paid to pensioners and family pensioners covered under the National Pension System (NPS), making the process more automatic and bank-driven.
According to a recent Office Memorandum issued by the Finance Ministry dated April 16, 20...
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JP Morgan has downgraded Indian equities to ‘Neutral from ‘Overweight’ in its latest Asia strategy report, citing elevated valuations, earnings risks, persistent equity dilution and limited exposure to next-generation technology segments. The brokerage said the shift reflects a less favourable near-term risk-...
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Finance minister Nirmala Sitharaman on Saturday called for a unified know-your-customer (KYC) system across the financial sector to eliminate repeated verification for users, and urged the Securities and Exchange Board of India (Sebi) to lead the effort.
"It is a shared responsibility of all stakeholders t...
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GLOBAL CORPORATE
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The United States has imposed fresh sanctions on a major China-based oil refinery and around 40 shipping companies and tankers linked to Iranian oil transport, escalating its campaign to choke Tehran’s key revenue stream.
The move, announced on Friday, targets what Washington describes as an extensive “shado...
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A group of U.S. budget airlines, including Frontier and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could be converted into equity stakes, the Wall Street Journal reported on Sunday.
Chief executives of several low-cost carriers met with Transportation Secret...
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China's DeepSeek is offering developers a 75% discount on its newly unveiled AI model, DeepSeek-V4-Pro, until May 5.
The company is also cutting prices for input cache hits across its entire DeepSeek API lineup to one-tenth of the original price, it said in a post on X.
On Friday, DeepSeek launched a pr...
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Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say.
The rise in orders is offsetting concerns that supply disruptions from the U.S.-Iran war may redu...
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China’s agriculture ministry said it will secure sufficient fertilizer supplies and stabilize prices, as the Iran war disrupts global markets for the key crop nutrient.
The country has ample fertilizer for spring planting, the country’s main crop-sowing season, officials said at a briefing in Beijing on Thur...
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GLOBAL ECONOMY
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Analysts have shaved their forecasts for Egyptian economic growth in a Reuters poll for this year and next as the Iran war drives up energy prices and puts pressure on inflation.
Gross domestic product growth will be 4.6% in th...
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Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the impact of the Middle East war.
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The Bank of England will keep interest rates on hold this week and try to look ahead to the damage building up for Britain's economy from the Iran war, while investors will be watching for any signs it is moving towards raising ra...
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German consumer sentiment is expected to worsen heading into May as households' income expectations have become bleaker in the face of rising inflation, driven higher by the war in Iran and its knock-on effects on energy prices, a...
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Euro zone firms expect inflation to surge in the near term on the war in Iran but longer-term bets remained steady and wage growth is actually seen moderating, the European Central Bank's Survey on the Access to Finance of Enterpr...
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Business activity in the euro area contracted for the first time since 2024 on a pronounced weakening in the services sector as war in the Middle East suppressed demand.
In the US, retail sales powered ahead last month in a broad...
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INDIAN CORPORATE
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Let’s have an open, big conversation. This country needs an open, free conversation. Let all domain experts look at what’s happening... Anything that has to be done for the ease of doing business, we are certainly willing to hear....
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State-owned Coal India Ltd is planning a comprehensive 10-year roadmap to slash the current 243 MT coal import volume through ramped-up domestic production, coal quality upgrades, and logistics cost parity.
The proposed roadmap...
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Brokerages expect Reliance Industries (RIL)’s earnings to grow on the back of growth in Jio and retail businesses, but they expect moderate growth in oil to chemicals (O2C)segment in the coming quarters due to geo- political issue...
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Sun Pharmaceuticals, the largest pharmaceutical company in India has just announced a deal that places it firmly on the global stage. It is to now figure among the top 25 global pharmaceutical companies with combined revenue of US...
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Bharti Airtel’s recent investment moves point to a calibrated shift in strategy, with Sunil Bharti Mittal-led Bharti Airtel tightening its focus on businesses that sit close to its core telecom franchise after an earlier phase of ...
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Reliance Retail, the country’s largest organised retailer, is rapidly scaling up its quick commerce business, positioning hyperlocal delivery at the core of its retail strategy. The move comes as hyperlocal orders surge over fourf...
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Axis Bank’s net profit for the quarter ended March declined marginally to Rs 7,071 crore due to the additional one-time provisioning taken by the bank during the quarter. “Based on an assessment of evolving and unpredictable macro...
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Adani Energy Solutions is looking to incur a capital expenditure of Rs 22,000 crore in the current financial year , 55% higher than what it incurred in FY26. In FY26, it incurred a capex of Rs 14232 crore, 24% higher than what it ...
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SEBI
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Markets regulator Sebi will accelerate its drive to simplify and rationalise regulations to improve ease of doing business for capital market participants, its chairman Tuhin Kanta Pandey said Saturday. The regulator will collabor...
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