INDIAN ECONOMY
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The Arunachal Pradesh Cabinet approved cumulative investments of Rs 7,834 crore for four Chief Minister (CM) Comprehensive Schemes to be implemented during 2026–29, a major push aimed at strengthening the state’s infrastructure, power, education and rural connectivity. The decisions were taken at a meeting ch...
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US President Donald Trump has asked Republican lawmakers to expand a proposed Russia sanctions bill so that it also covers Iran. The proposal comes at a time when tensions between the US and Iran have intensified, raising fresh questions about how the bill could affect global trade and energy markets....
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The export diversification strategy has resulted in countries outside Europe and members of the North America Free Trade Association (NAFTA) accounting for more than 55% of total shipments in April-May.
In April-May of 2025 the share of Europe and NAFTA countries that include US, Canada and Mexico was touc...
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States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax collections and an improvement in revenue receipts, according to an ICICI Bank report.
The report said the outlook for state finances has improved after a stronger start ...
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Deloitte India on Sunday projected India's economy to grow at 6.5-6.8 per cent in the current fiscal, with growth expected to strengthen in the second half of the year supported by festive demand, monetary easing, and a gradual stabilisation in global conditions.
In its latest edition of Economic Outlook r...
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Afghanistan's top trading body has called for expanding trade and investment ties with India, stressing the need to ease business procedures, remove administrative barriers and facilitate the issuance of business visas.
The proposals were discussed in Kabul during a meeting between Afghanistan Chamber of C...
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India continues to be the world’s fastest-growing major economy and is well placed to contribute nearly one-sixth of global growth in the coming years, Finance Minister Nirmala Sitharaman said on Saturday as she urged entrepreneurs to shed their hesitation, embrace risk and seize the opportunities created by ...
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ndia is unlikely to face any significant economic fallout from the renewed Iran-US tensions as the risk of a severe El Niño-induced drought has eased, energy supplies have become more diversified beyond the Strait of Hormuz, and the country has built resilience to manage external disruptions, a top government...
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MARKET & FINANCE
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Trade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisation of economic activity, deeper financial penetration and the expanding reach of organised lenders, according to a report by Ashika Institutional Equities. The report said ...
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Private sector banks reported healthy credit growth in the April-June quarter, even as deposit mobilisation remained relatively slower and net interest margins (NIMs) continued to face pressure, according to the earnings of eight private sector lenders released so far. Bank executives, however, said margins h...
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Brokerages expect digital services to remain the key growth driver for Reliance Industries (RIL) in the coming quarters.
“Digital Services is likely to remain the biggest growth driver, contributing ~85% to RIL’s incremental consolidated Ebitda over FY26-28,” Motilal Oswal said in a report.
The brokerag...
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GLOBAL CORPORATE
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The head of Boeing's commercial airplane unit said on Sunday that the company is focused on increasing and improving aircraft production, "not order announcement."
"Backlog is incredibly strong. Demand is not our issue. If we announce some orders along the way, we'll celebrate with our customers based on i...
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A look at the day ahead in European and global markets from Wayne Cole.
As Spain was hoisting the World Cup, the U.S. military was starting its ninth straight day of attacks on Iran, which in turn was striking targets across the region. Just a handful of ships transited the Strait of Hormuz on Sunday and o...
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European chemical companies are expected to report second-quarter results reflecting temporary support from Middle East conflict-related supply disruptions, though investors are increasingly focused on whether the uplift can counter weak demand and mounting competition from Asian producers.
Tighter supply ...
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Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defense contractors face competition from startups making low-cost weapons that can be produced at scale.
Lockheed said its new PAC-3 Adapted Capability Effector, or AC...
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Afghanistan-Pakistan transit trade plunges to USD 367 million in the outgoing fiscal year from USD 5 billion in 2021, according to a media report.
The transit trade between the two countries has suffered one of its steepest declines, plunging to just 11,592 containers worth USD 367 million in FY-26, the Da...
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Banking
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n an interview, Punjab National Bank MD & CEO Ashok Chandra tells Manju AB about the bank’s FCNR(B) plans, drive to grow deposits and plans to enter the wealth business.
Is the target of garnering $2.5 billion in FCNR(B) deposits too ambitious, despite PNB being one of the early movers in the game?
We a...
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GLOBAL ECONOMY
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As global crude prices climb and import bills swell across countries, the US has a different story to tell. Its import prices are rising too but fuel is not the culprit. US import prices recorded an unexpected increase in June as ...
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US inflation data was tamer than expected in June, which led investors to lower bets on a Federal Reserve interest-rate increase later this month. Meanwhile, the Chinese economy slowed more than expected in the second quarter, put...
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INDIAN CORPORATE
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Reliance Consumer will double down on core categories such as beverages and daily essentials as it eyes Rs 1 lakh crore revenue by 2030.
In its Q1FY27 investor presentation, Reliance Consumer, which has demerged from Reliance R...
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Larsen & Toubro (L&T) has secured multiple engineering, procurement and construction (EPC) orders worth between Rs 5,000 to 10,000 crore in the metals and minerals segment from public sector and private sector companies.
The or...
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HDFC Bank’s net profit for the quarter ended June grew 5% on-year to Rs 19,060 crore, missing analyst expectations. The bottomline for the lender was pegged at Rs 19,720 crore as per Bloomberg estimates. Net profit was up on the b...
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Reliance Consumer Products Ltd's (RCPL) soft drinks brand Campa has gained double-digit market share in key markets, helping Reliance emerge as the country's third-largest player in the non-alcoholic ready-to-drink (NARTD) beverag...
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Newly appointed Hindustan Copper Ltd (HCL) Chairman and Managing Director Anupam Mishra on Saturday said the company was working at a fast pace to double the annual production capacity of its Malanjkhand Copper Project (MCP) in Ma...
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Mukesh Ambani-owned Reliance Industries Limited's telecom arm, Reliance Jio, reported a rise in its average revenue per user (ARPU) to Rs 215.6 for the June quarter, while its subscriber base crossed 533 million, helped by continu...
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