INDIAN ECONOMY
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India, among the world's biggest economies, has also made significant strides in reducing poverty, especially extreme poverty in recent years. According to the latest World Bank report, India has managed to achieve one of the fastest poverty declines in the world - in both monetary and non-monetary dimensions...
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The US has assured India of a comparative tariff advantage over competing countries under the proposed bilateral trade agreement (BTA), with both sides working to conclude the first tranche of the deal by the end of the current financial year, government sources said on Friday.
The extent of the advantage,...
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India’s electronics export story is increasingly moving beyond smartphones to key components, with shipments of printed circuit boards (PCBs), memory integrated circuits, solid-state storage devices and telecom networking equipment registering sharp growth, signalling a gradual diversification of the country’...
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India’s merchandise trade deficit widened to a one-year high of $39.88 billion in October, exceeding forecasts as higher oil imports, electronic shipments for export production, and a festive-season surge in gold purchases from overseas raised the foreign exchange outgo.
The previous monthly high trade def...
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ReNew Energy Global on Thursday announced fresh investments of nearly Rs 80,000 crore in Andhra Pradesh, with the bulk of the spending earmarked for a 1 gigawatt (GW) green hyperscale data centre, as the clean energy company expands into digital infrastructure alongside solar and permanent magnet manufacturin...
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India’s current account deficit (CAD) widened to $7.4 billion in September 2026 from $5.2 billion in the corresponding month last year, mainly due to a sharp rise in primary income outflows and a slight dip in remittances, according to data released by the Reserve Bank of India (RBI) on Friday. A CAD occurs w...
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India’s Balance of Payments (BoP) saw an $8.8 billion surplus in September, mainly because of a high capital account surplus while the current account deficit (CAD) widened, data released by the Reserve Bank of India (RBI) on Friday showed.
In contrast, September 2025 saw foreign exchange reserves deplete ...
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MARKET & FINANCE
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Foreign investors are returning to Indian equities, corporate earnings are showing strong growth, and stock market valuations have become more reasonable. With three key indicators turning favourable together, market experts believe Indian equities could be entering a stronger phase after nearly two years of ...
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India's foreign exchange reserves rose by $2.49 billion to $719.547 billion in the week ended November 6, according to data released by the Reserve Bank of India (RBI) on Friday.
The increase comes after consecutive weeks of decline, during which the country's forex reserves fell from $722.3 billion in the...
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A sell-off in sovereign debt pushed government bond yields across major economies to multiyear and, in some cases, multi-decade highs in the past month, as investors demanded higher returns to compensate for elevated government borrowing, sticky inflation and uncertainty over the interest-rate outlook.
The...
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Indian government bonds fell for a third straight session on Friday, with the benchmark yield reversing nearly half of last week's decline as above-target inflation in India and stronger-than-expected US inflation clouded the interest-rate outlook.
The benchmark 6.94% 2036 bond yield ended at 7.3079%, up f...
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GLOBAL CORPORATE
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Russia nearly doubled its diesel exports in October after US President Donald Trump announced a deal with Russian President Vladimir Putin to increase fuel supplies to global markets. However, none of the additional shipments has reached the US so far, with tankers originally headed for American buyers changi...
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Airlines in the Southeast Asia region will require 4,985 new commercial aircraft by 2045 as they expand their fleets and replace old planes, according to Boeing.
Air passenger traffic in the region is projected to grow 6.7 per cent annually over the next 20 years, a rate that will outpace the estimated eco...
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The Trump administration boosted its request for air traffic control funding to $50 billion late Friday after a communications issue forced a nationwide groundstop that halted thousands of flights for hours.
Transportation Secretary Sean Duffy and the White House earlier on Friday asked for $30.1 billion to ...
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President Donald Trump is granting energy companies and commodity traders an additional window to move oil and other goods between U.S. ports aboard foreign-flagged vessels, extending an initiative designed to curb domestic fuel prices, according to Bloomberg.
According to an anonymous White House official...
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Banking
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The festive demand helped the bank credit surge 19.5% year-on-year at the end of October, making it the new two-year high, Reserve Bank of India latest data showed.
The credit growth improved from 18.2% seen a fortnight back while credit expanded at 19.4% pace till September. The outstanding bank credit s...
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Indian banks' net profit rose 20% year-on-year to Rs 1.2 lakh crore in Q2FY27, driven by higher interest income, loan growth and one-time gains of around Rs 10,000 crore at large public sector banks (PSBs). The growth was also aided by a weak base, with profits having risen just 4.2% in Q2FY26.
According t...
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Custom
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The Central Board of Indirect Taxes and Customs (CBIC) introduced greater flexibility for foreign businesses and organisations on Friday, bringing goods into India temporarily by allowing senior customs officials to extend the existing four-month stay limit under the ATA Carnet system.
The move will benefi...
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GLOBAL ECONOMY
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Five major sectors, including engineering, petroleum and electronics, accounted for nearly 83 per cent of the increase in India's merchandise exports in October, as shipments recorded their fastest monthly growth in five years, ac...
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India’s exports to several key Free Trade Agreement (FTA) partners recorded strong growth in the first half of FY27, with shipments to Singapore more than doubling and exports to Malaysia and ASEAN countries also registering sharp...
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Retail inflation in India is not only rising to uncomfortable levels but also becoming more entrenched, which is likely to increase pressure on the Reserve Bank of India (RBI) to raise interest rates further.
While the two-year...
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German wholesale prices rose by 8.8% in October compared with the same month last year, according to data released by the federal statistics office on Friday....
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Germany is set to raise its borrowing by more than €210 billion ($222 billion) next year, the second-highest amount since World War Two, after parliamentarians on Friday backed a budget plan that Chancellor Friedrich Merz hopes wi...
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Japan's core consumer inflation is expected to surpass the central bank's 2% target for the second straight month in October as the impact from the US-Israeli war on Iran continues, a Reuters poll showed on Friday.
• The na...
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Consumer prices in France rose 3.7% year-on-year in October on an EU-harmonised basis, revised down by 0.1 points from a preliminary estimate, statistics office INSEE said on Friday.
The harmonised inflation rate in the bloc's ...
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The Bank of England will wait until early next year before raising interest rates again, probably February, according to economists polled by Reuters, who said upcoming data may persuade the bank to build on last week's increase s...
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US producer prices increased further in October, leading to the largest annual gain in four years and supporting expectations that the Federal Reserve could continue raising interest rates after next month's widely expected hike.
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San Francisco Federal Reserve President Mary Daly said on Friday that her "bias" is that the central bank will need to increase its policy rate, particularly with services inflation moving in the wrong direction and some signs of ...
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Wholesale inflation cooled a bit last month yet remains elevated, evidence of stubbornly higher prices that have soured Americans on the economy and fueled big gains for Democrats in the midterm elections last week.
The Labor D...
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INDIAN CORPORATE
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Godrej Industries posted robust quarterly numbers as the conglomerate’s profit for Q2 FY27 grew more than twofold to Rs 560 crore against Rs 242 crore in the year-ago period. High income from its estate and property development bu...
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Grasim Industries reported a consolidated net loss of Rs 234 crore for Q2 FY27. This comes against a net profit of Rs 594 crore in Q2 FY26. During the quarter, the company recorded exceptional charges of Rs 767 crore for impairmen...
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Tata Motors Passenger Vehicles turned red in Q2 FY27 as the auto major posted a net loss of Rs 5,531 crore against a net profit of Rs 76,170 crore in the year-ago period. The company also turned into a loss sequentially, as it pos...
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