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INDIAN ECONOMY
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Finance Minister Nirmala Sitharaman on Friday flagged China's restrictions on Indian exports as a major obstacle to bilateral trade, warning that India's trade deficit with Beijing continues to widen despite improving diplomatic relations between the two countries.
Speaking at an interaction with the Atlan...
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India's economy is projected to expand by 7.1-7.3% in the current financial year (FY27), supported by resilient domestic consumption, public infrastructure spending and signs of a recovery in private investment, according to Deloitte India's latest Economic Outlook released on Friday.
The consulting firm e...
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Indian and Canadian entities on Friday signed a series of commercial agreements and memoranda of understanding in the presence of Canada's Minister of International Trade, Maninder Sidhu, ANI reported.
The agreements were signed during the Canada-India Business Ceremony in Karnataka, as the two countries...
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The Reserve Bank of India’s historic defense of the rupee bought the currency some reprieve, but at a steep cost.
The rupee is set for a 1.9% advance this week, its biggest weekly gain in four years. Yet liquidity in parts of the foreign-exchange market is drying up, hedging costs have jumped to a decade-h...
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Piramal Group Chairman Ajay Piramal on Thursday said India needs to adopt a more liberal regulatory approach, instead of framing increasingly complex rules to prevent wrongdoing by a few. Excessive regulation was penalising businesses that comply with the law, he said at the FE Modern BFSI Summit 2026....
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India’s Balance of Payments (BoP) surplus jumped to $45.4 billion in August mainly due to large inflows under the Reserve Bank of India’s (RBI) Foreign Currency Non-Resident Bank (FCNRB) scheme, data released by the central bank on Thursday showed.
In contrast, the year-ago month saw a depletion of $5.6 bi...
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India is projected to overtake Japan and become the world’s fourth-largest economy in 2027, with nominal gross domestic product (GDP) reaching about $4.52 trillion, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook projections.
The United States is expected to remain ...
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The base year revision of India’s Gross Domestic Product (GDP) series earlier this year is a “welcome development,” and the changes in methodology are in line with the International Monetary Fund’s (IMF) advice, the Fund’s Asia and Pacific Department Director Krishna Srinivasan said on Thursday....
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India is awaiting clarity on the US tariff framework, including proposed 100% tariffs on countries buying Russian oil and the outcome of the Section 301 investigation into excess manufacturing capacity, before operationalising the first tranche of the bilateral trade deal, Commerce Secretary Rajesh Agrawal sa...
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Rice exports, India’s largest agri-product shipments, rose just 2.5% to $5.77 billion during April-September of FY27 year-on-year, as supply disruption and high freight due to the West Asia conflict continue to impact shipments.
In September, 2026, the world’s biggest rice exporter, shipped grain valued at...
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India’s merchandise exports surged 23% year-on-year to $44.4 billion in September, led by brisk shipments of engineering goods, electronics and petroleum products, raising hopes that annual goods shipments could exceed $550 billion despite global trade uncertainties....
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MARKET & FINANCE
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It has been a rough year at home. The Nifty 50 is down a little over 12% so far in 2026. But Indians with a US stock allocation have had a very different year. The S&P 500, the leading barometer of US stocks, is up 12%. The tech-heavy Nasdaq-100 has gained 18%. So diversification has come to the rescue.
He...
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Small to medium enterprises (SMEs) have seen high number of listings through the SME platform of the exchanges in recent times, leading to high value of funds raised through the primary markets. Prof. Subhasis Chaudhuri, Chairman, BSE believes that the exchanges and the market participants need to focus aggre...
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US Treasury and German government bond yields fell to their lowest levels in several weeks on Thursday as investors appeared to shift their attention from inflation to concerns about the impact of high borrowing costs on economic growth.
The yield on the 10-year US Treasury fell to an intraday low of 5.03...
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The newly implemented CAS had led to significant volatility and chaos in the closing trade. As a result, the Securities and Exchange Board of India (SEBI) has revised the rules for the Closing Auction Session (CAS), including the calculation of reference prices and the timing of the auction.
According to J...
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GLOBAL CORPORATE
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Global demand for electric vehicles fell 2% in September, ending six consecutive months of growth, as record sales in Europe were not enough to offset sharp declines in North America and China, data from UK-based research firm Benchmark Mineral Intelligence showed on Friday.
The data highlights growing div...
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A U.S. federal appeals court said on Thursday the Federal Communications Commission exceeded its authority in setting up a telecoms subsidy program in the late 1990s used to widen access to communications for millions of Americans.
The FCC collects funds from telecom carriers through a private company for ...
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World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20 countries that it can partner with on critical minerals development projects.
Banga revealed the new goal in prepared remarks to a plenary ...
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Anthropic, the company behind the Claude chatbot, has reported a sharp rise in revenue as it prepares for what could become one of the biggest stock market listings in history.
The artificial intelligence company’s revenue rose about 45% in the third quarter from the previous quarter to $16.8 billion, Anth...
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Banking
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India's banking system deposits hit a record high of around 284 trillion rupees ($2.99 trillion) in the second half of September, central bank data showed on Thursday.
Deposits rose by 21.67 trillion rupees in the first six months of the financial year, with most of the increase seen between June and Augus...
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GLOBAL ECONOMY
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Japan's core consumer inflation in September likely exceeded the central bank's 2% target as higher energy prices driven by the Middle East conflict fed through to households, a Reuters poll showed on Friday.
• The nationwi...
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The International Monetary Fund urged Latin American governments on Friday to take advantage of still-favorable global conditions to cut public debt and raise productivity, while it warned that a fiscal adjustment has stalled in m...
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Malaysia's economy grew 5.3% from a year earlier in the third quarter, slowing from the previous three-month period, official advance estimates showed on Friday.
• In the second quarter, gross domestic product expanded 6%
• ...
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Japan no longer faces the deflationary environment that existed for more than a decade, and the level of its currency and monetary policy must change accordingly, US Treasury Undersecretary Erin Browne said on Friday.
Browne, i...
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MSCI on Thursday froze certain changes to its Turkey equity indexes, saying it needed more time to assess market reforms and warning of a potential downgrade if sufficient progress was not made by mid-2027.
Turkey's equity mark...
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Artificial intelligence (AI) is likely to be the most consequential change to the US and global economies in his lifetime, Federal Reserve Chair Kevin Warsh said on Friday, while cautioning that its near-term impact on employment ...
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Houthi rebels have repeatedly struck Saudi Arabia since war broke out across West Asia earlier this year. More than 300 people were injured and at least 12 killed over the weekend as missiles struck the King Khalid International A...
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INDIAN CORPORATE
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Rolls-Royce Motor Cars expects to grow in double-digit in India in the current year as it is seeing strong demand among buyers who are in their 40s.
Julian Jenkins, Director of Sales and Brand at Rolls-Royce Motor Cars, said on...
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Tech Mahindra reported a 6.8% year-on-year increase in dollar revenue to $1.6 billion in the September quarter, up 2% sequentially. In constant currency terms, revenue grew 7.2% year on year and 2.4% quarter on quarter....
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The initial public offering (IPO) of Jio Platforms, the digital arm of Reliance Industries Ltd (RIL), is the first from the group in nearly two decades.
Jio Financial Services Ltd listed in August 2023 following its demerger...
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Wipro reported a 1.9% year-on-year(YoY) decline in consolidated net profit to Rs 3,199.7 crore in Q2FY27. Sequentially also the net profit fell 4.67%. However, India’s fourth-largest IT company, reported higher-than-expected Q2FY2...
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Indian Bank reported a 15% year-on-year increase in net profit to Rs 3,462 crore for the second quarter of FY27, supported by growth in both interest and non-interest income. Interest income of the state-run lender rose 15% year-o...
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Jio Platforms is looking to turn its technology capabilities into a new engine of growth, with plans to roll out 6G through software upgrades rather than a fresh infrastructure buildout and take its home-grown telecom technology s...
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TechM reported an 8.3% sequential increase in net profit to Rs 1,586 crore in the July-September quarter, supported by revenue growth and continued margin expansion, although the figure fell short of Bloomberg’s estimate of Rs 1,6...
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Jio Platforms plans to drive revenue growth by getting customers to spend more on a wider range of services rather than relying primarily on tariff increases, as it looks to monetise its investments in telecom infrastructure. The ...
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Nestle India on Thursday reported a 36% year-on-year increase in consolidated net profit to Rs 1,009.6 crore for the quarter ended September 2026, marginally beating Bloomberg estimates of Rs 1,004 crore. The FMCG major posted a n...
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L&T Finance on Thursday reported a 33% year-on-year rise in its consolidated net profit to a record Rs 975 crore for the quarter ended September, supported by strong retail loan growth, improving asset quality and lower credit cos...
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Jio Financial Services reported a 51% decline in consolidated net profit to Rs 340.4 crore in the September quarter of FY27, compared with the same period last year. Higher expenses and the absence of dividend income contributed t...
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COMMERCIAL LAW
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The latest official numbers on foreign direct investments (FDI) indicate that Japan was the largest source of inflows into India in the April-June quarter of FY27. This welcome development reflects an accelerating uptrend during t...
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