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INDIAN ECONOMY
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India will have to wait for longer to achieve the $4 trillion target. Earlier, the government had estimated that the target will be achieved by the end of the current financial year. However, the latest GDP estimates show that the nominal GDP of the country has declined from the Rs 357 lakh crore in the old s...
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India and the European Union are preparing to grant each other Most Favoured Nation (MFN) status once their landmark free trade agreement comes into force. The move, embedded within the draft text of the agreement, will bind both sides to World Trade Organization (WTO) disciplines and ensure they do not impos...
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Gross value added (GVA) for agriculture and allied activities is projected to grow at a modest 2.4% in real terms in FY26, a decline from the 4.2% reported in FY25, according to the new series of annual accounts with a 2022-23 base year.
Analysts said the modest growth in the agricultural sector as per the...
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The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said the base year change for GDP computation will help capture evolving economic realities, improve coverage, enhance accuracy, and reduce statistical discrepancies.
Among the improvements is the segregation of activities within mul...
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With the nominal GDP size shrinking for FY23–FY26 in the new series using the 2022–23 base, the Centre’s debt-to-GDP ratio will likely rise by 1.4 percentage points to 57% in FY27, compared with the budget target of 55.6%, making the debt consolidation plan challenging.
Similarly, the smaller nominal GDP s...
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India’s gross domestic product (GDP) growth slowed to 7.8% in the third quarter of FY26, beating estimates of 7.4% but easing from the previous quarter’s 8.4% expansion, amid a reset in the country’s economic data. The full-year FY26 growth projection has been revised to 7.6% from 7.1% in the previous year.
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India will continue to engage with the US for a trade deal that preserves the comparative advantage it had got against the competing economies in the interim agreement, Commerce and Industry Minister Piyush Goyal said Friday.
Under the interim deal the US had agreed on 18% additional tariffs for Indian im...
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The latest on pending India-US trade deal – Commerce and Industry Minister Piyush Goyal said India is in a wait-and-watch mode after the US Supreme Court ruling on US tariffs, describing the situation as evolving
Goyal said India is closely monitoring developments while continuing dialogue with the admini...
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Implementing trade deals with large economies like the European Union and the United States will likely boost capital inflows and support consumption demand, helping the Indian economy to expand at a higher pace of 7.2–7.4% in FY27, compared with the earlier estimate of 6.8–7.2%, Chief Economic Adviser V. Ana...
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India’s GDP growth slowed to 7.8% in October-December from a year earlier under a new data series, down from 8.4% in the previous quarter.
India’s economic growth slowed in the October-December quarter as government spending and private investment eased, but it remained the world’s fastest-growing major ec...
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MARKET & FINANCE
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With market regulator Securities and Exchange Board of India (Sebi) announcing the discontinuation of solution-oriented funds and the introduction of a new category — life cycle funds — investors are assessing what the shift means for their mutual fund portfolios and long-term financial goals.
Life cycle f...
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Indian government bond yields fell in February as surplus banking liquidity supported demand ahead of record government borrowing in the next fiscal year, while the yield curve steepened as rates across tenors were impacted by varied factors.
The benchmark 6.48% 2035 bond yield ended at 6.6603% on Friday a...
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India's foreign exchange reserves dropped by $$2.11 billion to reach $723.608 billion in the week ending February 20, latest data released by the Reserve Bank of India (RBI) showed on Friday.
For the previous week, India's foreign exchange reserves rose by $8.66 billion to hit an all-time high of $725.727 ...
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GLOBAL CORPORATE
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US President Donald Trump on Saturday launched a attack on the Supreme Court of the United States a week after it struck down his sweeping global tariffs, warning that the ruling "could allow for Hundreds of Billions of Dollars to be returned to Countries and Companies that have been 'ripping off' the United ...
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Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.
The company posted sales of $68.13 billion for the...
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The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert.
Deep ?in the ?sands southeast of Saudi Arabia's giant Ghawar oilfield, state oil company Aramco is pushing ?ahead with a natural gas megaproject that could boost the kingdom’s revenues by b...
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Brazil's government partially rolled back ?a controversial increase in import tariffs approved earlier this year, ?the Ministry of Development, Industry, Trade and Services said on Friday.
The move, previously reported by ?Reuters, citing sources, restores a ?zero tariff on items that had been taxed after ...
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FedEx was ?sued ?in federal court on ?Friday on behalf of customers seeking refunds from the global ?shipping company after the U.S. Supreme Court ruled this month that President Donald Trump unlawfully ?imposed billions of dollars in ?emergency tariffs on imported goods.
The proposed class action in the f...
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The ?Dominican ?Republic has identified rare ?earth deposits that could position the Caribbean ?nation as a significant future supplier of minerals critical to ?high-tech industries, President Luis ?Abinader said on Friday.
Preliminary studies indicate gross deposits ?exceeding 150 ?million tons of rare ea...
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The Trump administration on Friday ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties, culminating an unusually public clash between the government and the company over AI safety.
President Donald Trump, Defense Secretary Pete Hegseth an...
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Banking
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Gold loans more than doubled year-on-year (128%) in January, up from the 91% recorded in the same month of 2025, latest central bank data published Friday showed.
Loans to the renewable energy sectors, classified under the mandatory lending for banks by the Reserve Bank of India (RBI), were the second fast...
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The controller general of accounts on Friday launched a real-time government bank dashboard and a standardised government bank manual to tighten compliance, curb operational risks and strengthen accountability in the handling of government transactions by banks.
The initiatives aim to institutionalise unif...
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Credit growth in the banking sector continues to be in the 13-15% range, fortnightly data released by the Reserve Bank of India (RBI) on Friday showed.
The year-on-year credit growth of scheduled commercial banks (SCBs) came in at 13.6% against 14.6% as at January-end, while the total bank credit stood at ...
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GLOBAL ECONOMY
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US producer prices rose more than analysts expected in January, government data showed Friday, boosted by services costs.
The producer price index (PPI) climbed 0.5 percent on a month-on-month basis, the Department of Labor sai...
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This has the makings of a classic David v. Goliath story. In April 2025, soon after Trump's 'Liberation Day' drama, a few little-known US companies gathered the courage to take on the president. Ten months later, they succeeded in...
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Canada ?recorded ?a budget ?deficit of C$26.14 billion ($19.15 billion) ?for the first nine months of ?the 2025/26 fiscal ?year as government expenditures ?grew ?faster than revenues, the finance ministry said on ?Friday.
By co...
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?Nigeria's economic growth ?picked up slightly in the fourth ?quarter of last year, reaching 4.07% year-on-year, following ?an improvement in both ?oil and non-oil sectors, data showed ?on ?Friday.
The growth rate was faster th...
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The ?International Monetary ?Fund expects ?the ?U.S. ?economy to ?strengthen this year, with ?unemployment hovering ?around 4% ?and "phenomenal growth ?of ?new companies" ?that will generate ?new ?jobs, ?Managing Director Kristali...
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The ?number ?of unemployed people ?in Germany rose slightly in ?February, labour office figures showed on Friday, ?as the economic ?weakness of the past three ?years ?continues to weigh on the job market in ?Europe's biggest econo...
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French consumer ?prices ?rose more ?than expected in February, preliminary data from ?statistics agency INSEE showed on Friday, ?a sign of acceleration ?after they slowed to ?their ?lowest in more than five years in January.
Fr...
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INDIAN CORPORATE
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Blue Jet Healthcare Ltd will break ground on Saturday on a Rs 2,300-crore greenfield pharmaceutical manufacturing facility at Rambilli Industrial Park in Anakapalli district, Andhra Pradesh, marking a major expansion of India's sp...
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With "structural tailwinds", Air India will expand its international operations, optimise networks as well as tap premiumisation-led growth in the 2026-27 financial year, a senior airline executive said on Friday.
Describing FY...
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SEBI
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The Securities Exchange Board of India (SEBI) is set to change how mutual funds value gold and silver.
Starting April 1, 2026, mutual funds, including gold and silver exchange traded funds (ETFs) will rely on polled spot prices p...
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