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INDIAN ECONOMY
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Going by projections by global agencies, India is on course to surpass its 2003-2007 record of five consecutive years of 7% or higher growth, Kyunghoon Kim of Korea Institute for International Economic Policy said....
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India needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be enough to reassure global investors about the country's long-term business environment, highlighted Kyunghoon Kim, Head of the India and South Asia Team at the Korea Inst...
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India's agricultural sector could benefit from Canadian fertilisers and potash to improve crop yields and farming efficiency, said Maninder Sidhu, Canadian Minister of International Trade, adding Fairfax wants to invest more in India....
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Aggregate subsidy expenditure by 20 major states is estimated at Rs 5.39 lakh crore in FY27, only marginally higher than the Rs 5.31 lakh crore spent in FY26. Over Rs 4.94 lakh crore was spent on this front in FY25.
The near-flat aggregate, however, masks substantial shifts in spending across states....
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Aggregate subsidy expenditure by 20 major states is estimated at Rs 5.39 lakh crore in FY27, only marginally higher than the Rs 5.31 lakh crore spent in FY26. Over Rs 4.94 lakh crore was spent on this front in FY25.
The near-flat aggregate, however, masks substantial shifts in spending across states....
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India’s space economy could grow from an estimated $9 billion to $40 billion-45 billion over the next seven to eight years, Union Minister of State for Space Jitendra Singh said. He said the next phase of growth would depend on turning India’s technological capabilities into commercially successful businesses...
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India’s external position is expected to deteriorate in the second half of the current financial year, despite a big balance of payments (BoP) surplus in the first half. This is because the ongoing war in West Asia might keep energy prices high and foreign portfolio investor (FPI) flows could remain under sev...
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US President Donald Trump has paused key sanctions and tariffs targeting Russia and countries buying its oil and gas, giving his administration time to assess their economic impact.
The move offers India temporary relief from the threat of additional US trade penalties over its Russian energy purchases, b...
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India’s efforts to diversify export markets beyond the US and Europe are yielding strong growth across Africa and Asia, but a closer look at the trade data suggests that much of the recent surge is being driven by petroleum products rather than the manufacturing sectors targeted by the government’s export-pro...
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With easing supplies and diversified imports, the landed cost of urea, the most consumed soil nutrient variant, has declined by around 60% to $392/tonne last month, down from a peak of $947/tonne in May 2026.
The global price of urea dropped over 15% in September on year, according to the Department of Fer...
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The rural consumption recovery faces a fresh test as rising food prices erode household purchasing power and slowing wage growth, coupled with uneven rainfall, clouds the outlook for farm incomes. While the festive season and the kharif harvest could support demand in the near term, economists and industry ex...
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Sitting in his small office in Bhimavaram, in Andhra Pradesh’s West Godavari district, Jagadish Thota was torn between relief and caution. US President Donald Trump had just signed an executive order waiving tariffs of up to 100% on goods imported from the five largest purchasers of Russian oil or gas, includ...
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India paid nearly $29 billion more for crude oil imports in the first half of FY27 despite importing almost the same quantity as a year ago, underscoring how the sharp rise in global oil prices — rather than higher volumes — drove up the country’s energy bill....
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MARKET & FINANCE
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Indian government bonds turned higher on Monday, recovering from a flat start to the holiday-shortened week, as a sharp drop in US Treasury yields more than offset oil-related inflation concerns and spurred value buying.
The benchmark 6.94% 2036 bond yield was at 7.3551% as of 10:25 a.m., after closing at ...
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China’s yuan strengthened to its highest level in more than four years against the US dollar on Monday, supported by stronger-than-expected economic growth in the third quarter and improving retail sales that eased pressure on Beijing to introduce more aggressive stimulus measures, according to a report by Re...
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Markets face another volatile week as major US technology earnings, China's economic data, bond-market shifts and political developments in Brazil test investor sentiment. (Source: Reuters)
Investors will scrutinise Meta, Tesla, Lam Research and Texas Instruments for clues on Al demand and returns on massi...
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With domestic headline equity indices Nifty and Sensex failing to give positive returns in the last 2 years, Finance Minister Nirmala Sitharaman has argued that the liquidity paradox that supports trading is also allowing investors to exit quickly.
“Because of the ease of liquidity, ease of availability, p...
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GLOBAL CORPORATE
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Venezuela expects to attract nearly $76 billion in oil investments over the next five years under recently signed agreements, acting President Delcy Rodriguez said on Saturday. A bilateral accord with the United States includes plans to drill 250 rigs and covers 17 oilfields, forming part of a broader package...
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Microsoft has pulled out of a data center deal with British cloud provider Nscale, Britain's Telegraph newspaper reported on Sunday.
The US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, according to the report....
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China has proposed export controls on 12 technologies used to make solar equipment, citing national security concerns, as part of a broader revision that also covers AI and biotechnology.
The ministry of commerce proposed adding the photovoltaic technologies to China's export-control list, it said in a sta...
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Artificial intelligence is reshaping how technology companies deliver consulting services, shifting the focus from deploying tools to re-engineering business processes. IBM is embedding AI agents into its own consulting workflows and taking the model to clients, betting that redesigned processes and human-dig...
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The artificial intelligence (AI) boom has attracted massive investments from technology companies, chipmakers and other businesses building the infrastructure needed to develop and run AI systems. However, the International Monetary Fund (IMF) has warned that the financing arrangements behind some of these in...
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Banking
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Banks expect net interest margins (NIMs) to recover gradually in the second half of FY27 as the recent policy rate hike begins to reverse the pressure on lending yields seen during the earlier easing cycle. However, the recovery is likely to be uneven, with changes in balance sheet composition, higher funding...
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GLOBAL ECONOMY
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A selloff in bonds is making borrowing more expensive in the euro zone, curbing economic growth and ultimately inflation, European Central Bank president Christine Lagarde said on Saturday.
Bond yields around the world have sur...
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Rapidly improving artificial intelligence capabilities will bring far faster change across all fields, Anthropic co-founder Jack Clark said on Saturday, with one of the company's internal models forecasting that under certain cond...
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The Bank of Canada expects to raise its quarterly inflation forecast significantly this month owing to persistently high crude oil and petroleum product prices, Governor Tiff Macklem said on Saturday.
New quarterly inflation an...
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The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and inp...
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Inflationary pressures are mounting in the US, with fresh consumer and wholesale price data indicating costlier fuel is filtering through into higher prices for other goods and services.
A broad upswing in consumer prices last ...
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Google Trends shows rising interest among investors searching for US CPI data and a US Fed rate hike. After all, rising inflation will keep interest rates higher for longer. That is bad news for businesses, corporates and equity i...
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Artificial intelligence could push the US economy to $44.4 trillion by 2030 if its capabilities improve rapidly and businesses adopt it at an unprecedented pace, Anthropic co-founder Jack Clark said on Saturday.
He said an extr...
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INDIAN CORPORATE
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India's biggest realty firm DLF Ltd will launch housing properties worth Rs 58,000 crore over the next 2-3 years to encash high demand for its luxury homes from end users and investors....
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Oberoi Realty Ltd's sales bookings jumped sevenfold year-on-year to Rs 9,149.69 crore in the second quarter of this fiscal on strong sales from its first Delhi-NCR housing project.
Sales bookings or pre-sales stood at Rs 1,299....
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ICICI Bank on Saturday reported a 20.1% year-on-year increase in standalone net profit to Rs 14,843 crore for the July-September quarter of FY27, supported by strong net interest income growth, lower provisions and an improvement ...
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YES Bank on Saturday reported a 65% year-on-year (y-o-y) rise in standalone net profit to Rs 1,080 crore for the quarter ended September, compared with Rs 654 crore in the corresponding period last year, aided by higher interest i...
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NTPC’s plan to build 30 gigawatts (GW) of nuclear power capacity by 2047 could involve an investment of roughly Rs 4.5–6 lakh crore, based on industry cost estimates cited in a PTI report. The state-owned power producer is prepari...
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Larsen & Toubro (L&T) has started initial activities for the New Tashkent International Airport project in Uzbekistan after receiving a Limited Notice to Proceed (LNTP) from the public-private partnership (PPP) consortium developi...
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