INDIAN ECONOMY
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India Ratings and Research (Ind-Ra) on Tuesday projected India's economic growth to moderate to 6.8% in the current financial year, down from 7.6% in FY26, citing risks from higher food and fuel inflation, currency weakness and the potential impact of El Nino on agriculture.
The agency's FY27 growth forecast...
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India's tanker exports surged more than six-fold to USD 1.36 billion in the June quarter from USD 221.1 million a year earlier, signalling the country's growing shipbuilding and maritime engineering capabilities, with the UAE emerging as the largest destination during the period, according to commerce ministr...
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Indian exporters could see some of the revenue tailwinds from rupee depreciation and elevated prices fade in the second half of FY27, after these factors helped accelerate export-sector growth in the first quarter, according to a Nuvama Institutional Equities report.
The report said exporters posted strong r...
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India's balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27, with the current account deficit (CAD) likely to remain contained at 1 per cent of GDP, as strong foreign currency inflows improve the country's external position, according to SBI Research.
The Ecowrap report s...
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Two recent landmark pronouncements of the Supreme Court have fundamentally reoriented India’s approach to domestic labour and the allocation of household responsibilities, setting out a transformative vision for equitable partnership. In the judgment of Shishu Pal v. Surjeet on June 11, 2026, the Supreme Cour...
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President Donald Trump has a penchant for keeping international trade and tariffs perpetually in turmoil. The latest salvo in the tariff saga is a recently released White House report titled “The Great Transshipment Scam”. This report and a slew of tariff related actions in the US during the past few weeks ca...
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Even as the US continues to build a web of tariffs on Indian exports using various domestic laws, American Ambassador to India Sergio Gor said Tuesday that both countries must address friction points as true partners to unleash the full power of the economic relationship....
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The Indian economy likely grew at a four-quarter year low pace of 7.2% in the April-June quarter, but still remained resilient as economic activity held up despite the impact of the war in West Asia conflict, according to an FE poll of 15 economists.
At 7.2%, the April-June gross domestic product (GDP) gro...
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MARKET & FINANCE
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The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee banknotes in circula...
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Four Indian private lenders have fast-tracked plans to raise dollar bonds before the end of August, seeking to take advantage of a central bank swap facility before its early closure, after larger peers ICICI Bank and Axis Bank raised more than $1 billion.
Kotak Mahindra Bank, YES Bank, IDFC First Bank and...
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SEBI's proposal to allow Non-Resident Indians (NRIs) and other eligible overseas investors to complete KYC digitally from their country of residence could reduce the time and paperwork involved in investing in Indian markets, Zerodha founder and CEO Nithin Kamath said.
Kamath welcomed the proposal in a soc...
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GLOBAL CORPORATE
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The United Arab Emirates has suspended all trade activities, exchanges and financial transactions with Iran until further notice, the country's foreign ministry said in a statement on Wednesday, citing regional escalation that it said undermined regional and international peace and security.
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Canadian pipeline firms are proposing billions of dollars in new projects despite oil sands companies being reluctant to commit to significant production expansions amid ongoing uncertainty around climate policies and long-term global demand....
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Banking
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Public sector banks (PSBs) must reach out to campuses, universities and skill centres to bring young Indians into the formal financial system for the next phase of growth, Finance Minister Nirmala Sitharaman told PSB chiefs on Tuesday, proposing a month-long ‘Banking for Youth’ campaign beginning October 2.
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Prime Minister Narendra Modi has set a new benchmark for Indian banking: at least one Indian lender among the world’s top five. “The banking sector in India is flourishing; one Indian bank should be among the top five globally,” Modi said in his Independence Day speech on Saturday.
So where do Indian banks...
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GLOBAL ECONOMY
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Japan's benchmark bond yield is on the brink of hitting 3% for the first time since the mid-1990s, highlighting how inflation, rising fiscal concerns and monetary policy expectations are reshaping a market long defined by low inte...
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Billionaire investor Leon Cooperman has warned that the US economy could slip into a recession sometime next year, saying the current strength in stocks and the wider economy may be masking growing risks....
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British grocery price inflation eased to its lowest level since October 2024 in August, market researcher Worldpanel by Numerator said on Tuesday, offering more respite to households grappling with elevated living costs....
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Long-term borrowing costs from the U.S. to Germany and Japan hit their highest in decades on Tuesday due to ballooning government debt and geopolitics, raising borrowing costs for companies and households and complicating policy....
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Persistently higher yields at U.S. Treasury auctions are increasing the cost of refinancing debt and funding future deficits, as investors demand greater compensation to absorb Washington's borrowing needs, raising questions about...
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Underlying US inflation showed few signs of accelerating in July as the energy-price shock from the war in Iran continued to fade, reinforcing the case for the Federal Reserve to hold off on interest-rate hikes in the near term.
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INDIAN CORPORATE
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Led by the jewellery segment, Titan Company reported a strong performance for the first-quarter (April-June/Q1) of 2026-27 (FY27).
In addition to jewellery, the company registered double-digit growth across its other verticals ...
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Swiggy has secured shareholder approval for key changes aimed at helping it qualify as an Indian-owned and controlled company (IOCC), clearing a major hurdle after a similar proposal was rejected by investors in May.
At its Augus...
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State-owned Hindustan Copper Ltd (HCL) on Tuesday said it is planning capital investment of over Rs 7,000 crore over the next five to six years, as part of an expansion drive that includes exploration, mine revivals and strategic ...
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Galaxy Health Insurance, promoted by TVS Motor’s Venu Srinivasan and Star Health Insurance founder V Jagannathan, has partnered with Zoho to design and deploy a regulator-compliant, enterprise-grade insurance distribution platform...
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COMMERCIAL LAW
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Outward foreign direct investment (FDI) from India increased 17% year-on-year to $5.70 billion in July from $4.88 billion a year ago, provisional data released by the Reserve Bank of India (RBI) showed. The number was also higher ...
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