INDIAN ECONOMY
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India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal year, while nominal GDP growth is expected to remain around 11-12 per cent, supported by resilient domestic demand, accelerating bank credit and improving economic activity, according to Jefferies.
In its latest GREED & fear ...
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India’s economy has proved more resilient to the shock from the Middle East conflict than Moody’s Ratings had expected, prompting the ratings agency to sharply raise its forecast for real GDP growth in 2026-27 to 7% from 6% previously.
The upgrade, announced in Moody’s periodic review of India on Friday, was...
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'Bikoshito Bongo: An Evidence-Based Policy Roadmap for West Bengal's 5X Economy', a special report published by the Observer Research Foundation (ORF), examines the conditions required for West Bengal to achieve a fivefold expansion of real GSDP by 2047.
Authored by Nilanjan Ghosh, Arya Roy Bardhan, Kumkum M...
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India’s oil import bill faces fresh pressure after the US Congress cleared legislation authorising tariffs of up to 100% on major buyers of Russian energy, threatening access to a crucial supply source as the Indian crude basket touched $126.88 per barrel on September 16. With Gulf supplies disrupted and alte...
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Marine product shipments, the second biggest item in terms of agri-shipments after rice, increased more than 14.3% year-on-year during the April-August period of FY27, with the overall exports rising to $3.65 billion.
In August 2026, marine shipments, including frozen shrimp varieties such as vannamei and ...
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The Union finance ministry will deliberate with state finance ministers and finance secretaries today and tomorrow (September 18-19) on financing strategies and policy priorities for India’s development journey towards a “Viksit Bharat”.
The two-day conference, titled “Financing India’s Journey towards Vik...
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Credit ratings agency Moody’s raised India’s FY27 real GDP growth forecast to 7% from 6%, according to PTI. The Credit ratings agency cited India’s resilience amid the Middle East conflict, however, flagged crude and El-Nino risk.
“Although we continue to expect India to grow faster than all other G-20 eco...
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MARKET & FINANCE
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The US Federal Reserve’s 25-basis-point rate hike has put the Reserve Bank of India’s October monetary policy review firmly in focus, with economists divided over whether the central bank will follow with a rate increase next month or wait for clearer evidence that inflationary pressures are becoming entrench...
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The US Federal Reserve’s first rate hike in three years could change the borrowing calculus for Indian companies, prompting them to increasingly weigh domestic funding against external commercial borrowings (ECBs) as overseas borrowing costs rise.
The Fed raised its target rate by 25 basis points to 3.75-4...
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GLOBAL CORPORATE
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One of China's less publicized avenues for pumping funding into the country's struggling property market is running into the same problem that's long plagued the industry: supply is overwhelming demand. The market for publicly listed REITs, introduced in 2021, is showing signs of fatigue, with a glut of deals...
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Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.
Data from Signal Group, a shipping anal...
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GlobalFoundries and Marvell Technology have expanded their agreement to increase production capacity for a type of semiconductor used in high-speed optical connections in data centers.
Shares of GlobalFoundries rose nearly 6% in premarket trading on Thursday, while Marvell was up 4.5%.
Here are some det...
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GLOBAL ECONOMY
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The Bank of Japan raised interest rates to a 31-year high of 1.25% on Friday in a widely expected move to forestall risks of inflation overshooting its 2% inflation target.
At a two-day policy meeting that ended on Friday, the ...
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Global development lender, World Bank, announced on Thursday that it had mobilised $112 billion in private capital for developing countries during the last financial year.
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The number of Americans filing claims for unemployment benefits unexpectedly fell last week,but the decline likely overstates the health of the labor market.
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INDIAN CORPORATE
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L&T Semiconductor Technologies (LTSCT) on Friday said it has unveiled 40 products at SEMICON India 2026, including its first silicon carbide (SiC) product platform and a fully designed-in-India BLDC motor controller.
The company,...
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Tata Sons’ board on Thursday approved a five-year extension for N Chandrasekaran as executive chairman despite opposition from Noel Tata. The board also decided to proceed with listing the Tata Group’s holding company in line with...
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Tata Electronics announced seven partnerships across the semiconductor value chain, including with Nexperia, Besi and Fujifilm, on the first day of Semicon India on Thursday, and is set to sign nine more agreements during the thre...
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Flipkart has scaled Minutes, its quick commerce business, to more than 1,000 dark stores across 130 cities as of June-end, with each store processing between 1,000 and 1,100 orders a day. The app is currently being tested with a s...
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Kaynes Semicon is looking to significantly scale up its semiconductor packaging business, with plans for a new $1 billion OSAT (Outsourced Semiconductor Assembly and Test) project in Gujarat under the government’s India Semiconduc...
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Applied Materials’ $5 billion investment in India by 2035 will help create the supply-chain capabilities, research, talent and required to support the country’s semiconductor ambitions, Chief Operating Officer of Applied Materials...
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