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 Indian Economy |
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India set to sustain 6.5-7% real GDP growth, nominal growth seen at 11-12%: Jefferies
India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal year, while nominal GDP growth is expected to remain around 11-12 per cent, supported by resilient domestic demand, accelerating bank credit and improving economic activity, according to Jefferies.
In its latest GRE...
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Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment
India’s economy has proved more resilient to the shock from the Middle East conflict than Moody’s Ratings had expected, prompting the ratings agency to sharply raise its forecast for real GDP growth in 2026-27 to 7% from 6% previously.
The upgrade, announced in Moody’s periodic review of India on F...
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West Bengal needs 7.25% annual growth to achieve 5X economy by 2047: ORF report
'Bikoshito Bongo: An Evidence-Based Policy Roadmap for West Bengal's 5X Economy', a special report published by the Observer Research Foundation (ORF), examines the conditions required for West Bengal to achieve a fivefold expansion of real GSDP by 2047.
Authored by Nilanjan Ghosh, Arya Roy Bardhan...
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US tariff threat puts India’s Russian oil lifeline at risk
India’s oil import bill faces fresh pressure after the US Congress cleared legislation authorising tariffs of up to 100% on major buyers of Russian energy, threatening access to a crucial supply source as the Indian crude basket touched $126.88 per barrel on September 16. With Gulf supplies disrupte...
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Marine exports up 14% in April-August on robust shipments to US
Marine product shipments, the second biggest item in terms of agri-shipments after rice, increased more than 14.3% year-on-year during the April-August period of FY27, with the overall exports rising to $3.65 billion.
In August 2026, marine shipments, including frozen shrimp varieties such as van...
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Centre convenes state FMs’ meet on financing Viksit Bharat
The Union finance ministry will deliberate with state finance ministers and finance secretaries today and tomorrow (September 18-19) on financing strategies and policy priorities for India’s development journey towards a “Viksit Bharat”.
The two-day conference, titled “Financing India’s Journey t...
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Moody’s raises India FY27 growth forecast to 7% despite crude risk
Credit ratings agency Moody’s raised India’s FY27 real GDP growth forecast to 7% from 6%, according to PTI. The Credit ratings agency cited India’s resilience amid the Middle East conflict, however, flagged crude and El-Nino risk.
“Although we continue to expect India to grow faster than all othe...
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Fed hike puts RBI October policy in spotlight
The US Federal Reserve’s 25-basis-point rate hike has put the Reserve Bank of India’s October monetary policy review firmly in focus, with economists divided over whether the central bank will follow with a rate increase next month or wait for clearer evidence that inflationary pressures are becomin...
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Costlier ECBs may drive corporates towards domestic loans
The US Federal Reserve’s first rate hike in three years could change the borrowing calculus for Indian companies, prompting them to increasingly weigh domestic funding against external commercial borrowings (ECBs) as overseas borrowing costs rise.
The Fed raised its target rate by 25 basis points...
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Source - Yahoo India Finance @ 07:09 |
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L&T’s chip arm unveils 40 products, debuts first silicon carbide chip for EVs and power systems at SEMICON India 2026
L&T Semiconductor Technologies (LTSCT) on Friday said it has unveiled 40 products at SEMICON India 2026, including its first silicon carbide (SiC) product platform and a fully designed-in-India BLDC motor controller.
The company, which is a wholly owned subsidiary of Larsen & Toubro, is showcasing ...
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Tata Sons board approves 5-year term extension for N Chandra; moves ahead with RBI-mandated listing
Tata Sons’ board on Thursday approved a five-year extension for N Chandrasekaran as executive chairman despite opposition from Noel Tata. The board also decided to proceed with listing the Tata Group’s holding company in line with the Reserve Bank of India’s mandate, Tata Sons said in an official st...
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Tata Electronics deepens semicon play with 16 pacts
Tata Electronics announced seven partnerships across the semiconductor value chain, including with Nexperia, Besi and Fujifilm, on the first day of Semicon India on Thursday, and is set to sign nine more agreements during the three-day conclave.
These 16 partnerships include domestic and global m...
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Flipkart Minutes crosses 1,000 stores: Can a standalone app reshape quick commerce pivot?
Flipkart has scaled Minutes, its quick commerce business, to more than 1,000 dark stores across 130 cities as of June-end, with each store processing between 1,000 and 1,100 orders a day. The app is currently being tested with a select group of users. Flipkart is gathering feedback before it decides...
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Kaynes eyes $1-billion OSAT project under Semicon 2.0
Kaynes Semicon is looking to significantly scale up its semiconductor packaging business, with plans for a new $1 billion OSAT (Outsourced Semiconductor Assembly and Test) project in Gujarat under the government’s India Semiconductor Mission 2.0, even as the company ramps up commercial production at...
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Applied Materials commits $5-bn to supply-chain capacity
Applied Materials’ $5 billion investment in India by 2035 will help create the supply-chain capabilities, research, talent and required to support the country’s semiconductor ambitions, Chief Operating Officer of Applied Materials India Radhika Viswanathan said.
The US semiconductor equipment mak...
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China's $33 billion funding experiment sputters on weak demand
One of China's less publicized avenues for pumping funding into the country's struggling property market is running into the same problem that's long plagued the industry: supply is overwhelming demand. The market for publicly listed REITs, introduced in 2021, is showing signs of fatigue, with a glu...
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US-Iran Conflict Helps Drive Wave of Supertanker Orders
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.
Data from Signal Group, a shi...
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GlobalFoundries, Marvell Expand Chip Capacity Deal for AI Data Center Connectivity
GlobalFoundries and Marvell Technology have expanded their agreement to increase production capacity for a type of semiconductor used in high-speed optical connections in data centers.
Shares of GlobalFoundries rose nearly 6% in premarket trading on Thursday, while Marvell was up 4.5%.
Here ar...
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