INDIAN ECONOMY
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Rating agency ICRA on Monday estimated India's GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the current fiscal, sliding from 7.8 per cent in the March quarter of FY26, on a slower pace of expansion in the services sector....
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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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The Indian chemical industry could see exports rise to $81 billion by 2030. It produces more than 80,000 products — with inorganic, petrochemicals and speciality chemicals as the three key attractive segments for manufacturers. Projections shared by NITI Aayog also suggest that market consumption will reach $...
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In a single year, the world’s two largest emerging economies moved in opposite directions in the property market. India’s professionally managed real estate market grew to $104 billion in 2025, a gain of $13 billion, according to the Morgan Stanley Capital International Real Estate Market Size Report released...
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The Reserve Bank of India’s (RBI’s) decision to prematurely close its concessional swap facility for FCNR(B) deposits, coupled with a rise in crude oil prices to nearly $90 a barrel, sent the rupee lower on Monday, though intervention by the central bank prevented a sharper slide....
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India’s unemployment rate for people aged 15 years and above fell to 5.1% in July 2026, compared with 5.5% in June, according to the latest Periodic Labour Force Survey (PLFS) released by the National Statistics Office (NSO) on Monday. This was the lowest joblessness rate in four months. ...
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MARKET & FINANCE
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Foreign portfolio investors (FPIs) turned buyers of Indian equities once again in August, pouring in Rs 16,621 crore during the first fortnight of the month. The buying comes amid improving relative valuations, resilient corporate earnings and growing expectations of lower interest rates in the US....
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A look at the day ahead in European and global markets from Gregor Stuart Hunter
Government borrowing costs are rising to levels not seen in decades as the conflict in the Middle East worsens and investors fear the effect on inflation.
The yield on the 30-year Treasury bond hit its highest level since J...
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Indian government bonds stumbled in early trade on Tuesday as oil topped $90 a barrel, amplifying jitters over the central bank's early end to a diaspora deposit incentive that had buoyed liquidity and demand....
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Multi Commodity Exchange of India Ltd. plans to invest as much as Rs 200 crore to start coal and minerals trading platforms as the government opens up the sectors to improve price discovery and transparency in the domestic market....
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A debate is underway among some Tata Sons directors on how the board should formally respond to chairman N Chandrasekaran’s decision not to seek reappointment, people familiar with the matter told ET. Opinion is split on whether the issue be put to a vote at a board meeting, while some directors believe the b...
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BEML is no longer simply a defence and heavy-equipment manufacturer. The state-owned company is building a broader growth story around railways, metro systems, defence and mining, with a record order book and a sizeable pipeline across its businesses, according to Antique Stock Broking....
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State-run oil marketing companies’ LPG under-recoveries are expected to decline by nearly 40% sequentially in the September quarter as international LPG prices soften, providing relief after the West Asia supply shock pushed the burden to Rs 13,700 crore in Q1FY27....
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GLOBAL CORPORATE
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A market correction to tech stock exuberance in the U.S. is likely and could have far-reaching consequences due to limits in fiscal and monetary policy buffers to blunt the potential economic hit, a European Central Bank blog post said on Monday....
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Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio being developed by SoftBank-owned SB Energy, in one of the chipmaker's largest infrastructure financing commitments....
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U.S. Energy Secretary Chris Wright said on Monday that Washington will announce steps within days to help refiners boost fuel output, as President Donald Trump seeks to rein in stubbornly high gasoline prices that spiked during the U.S.-Israeli war on Iran....
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Nvidia is in talks to invest as much as $3 billion in SB Energy, a SoftBank Group subsidiary that is developing a major data centre campus in Ohio for OpenAI. The proposed investment could become an important step in the race to build the huge computing infrastructure needed to support the rapid growth of art...
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Anthropic saw its annual revenue run rate top $65 billion by the end of July amid preparations for a blockbuster IPO. The company has reportedly forecast 2028 revenue of roughly $190 billion to $200 billion. The projections have become a focal point for investors — with many betting on a $2 trillion valuation...
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Banking
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Finance Minister Nirmala Sitharaman on Monday called on banking leaders to submit recommendations on reforms needed to align the sector with India's development ambitions, as the government prepares to set up a high-powered committee to examine the role of banking in achieving Viksit Bharat 2047....
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The growth in bank deposits accelerated to 15.4% year-on-year as of July 31, the fastest pace since December 2016, as strong mobilisation of foreign currency non-resident (bank) {FCNR(B)} deposits under the Reserve Bank of India’s special swap facility boosted the liability accretion, CareEdge Ratings said in...
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GLOBAL ECONOMY
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Japan's economy grew an annual rate of 1.1% in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data released Monday.
Japan 's real GDP, or gross domesti...
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The Federal Reserve will keep its key interest rate unchanged next month and through year-end, according to most economists in a Reuters poll, a view they have held for the past several months.
Market pricing for a September qu...
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Canada's annual inflation rate accelerated to 3% in July, slightly more than expected, as renewed United States-Iran tensions drove gasoline prices, while the cost of travel tours also rose, data showed on Monday.
On a monthly ...
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Brazil's economy expanded just 0.2% in the second quarter from the previous three-month period, a central bank indicator showed on Monday, signaling a loss of momentum from the year's strong start, particularly in the all-importan...
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China's Premier Li Qiang on Monday called for efforts to stabilise external demand and expand international trade cooperation, as weak domestic demand weighs on growth and external risks loom.
"Currently, the problem of insuffi...
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Brazil's Finance Minister Dario Durigan said on Monday that the country faces a "painful final mile" of fiscal reforms to address high interest rates, rising public debt and household leverage hovering around record levels.
"We...
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The Federal Reserve's current policy rate is probably accommodative, if measured against a medium-run estimate of the so-called neutral rate at which borrowing costs are neither slowing nor boosting the economy, according to resea...
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Foreign holdings of U.S. Treasuries slid in June, data from the Treasury Department showed on Monday, led by declines in holdings from Japan, the UK and China.
Holdings of U.S. Treasuries slipped to $9.299 trillion in June from...
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Insolvency
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The insolvency resolution process has made a rebound in the first quarter of FY27 with the number of corporate insolvency resolution processes (CIRPs) yielding resolution plans rising 92% sequentially to 69 from a 13-quarter low o...
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