News
2026 could be a 'Goldilocks' year for Indian equities, Nifty target at 28,720: report
2+ hour, 31+ min ago (318+ words) "Goldilocks" year is in store for India in 2026 with double'digit nominal growth falling rates, stable currency, and easing global risks combine to create a fertile backdrop for equities, led by metals, BFSI, capital goods, and defence, a report said on…...
US economy 'rocketing'; factories running 24/7: Trump says manufacturing boom, robotics are reshaping jobs
3+ day, 8+ hour ago (448+ words) President Donald Trump said the US economy was "rocketing" on the back of a manufacturing revival, defending his rollback of electric vehicle mandates and predicting that robotics would play a growing role in addressing labor shortages. Speaking during an interview…...
India's current account deficit widens to $2.1bn in Q1, RBI data shows
4+ mon, 2+ week ago (524+ words) India's current account logged a deficit in the April-June quarter on the back of a higher merchandise trade shortfall, the Reserve Bank of India said on Monday....
Morgan Stanley ups India's GDP growth forecast, expects cut in GST to spur demand
4+ mon, 2+ week ago (287+ words) Morgan Stanley has raised its forecast for India's GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline…...
India's Q1 GDP growth reflects economy's resilience, says CII's R. Mukundan
4+ mon, 2+ week ago (295+ words) India's Q1 GDP growth rate of 7.8 per cent is a demonstration of the economy's underlying strength and government reform-driven vision, R. Mukundan, CII President Designate, said on Saturday. The stellar performance comes at a time when much of the world is facing…...
Former RBI Governor Urjit Patel appointed as Executive Director at IMF
4+ mon, 2+ week ago (266+ words) Former Reserve Bank of India Governor Urjit Patel has been chosen to serve as an executive director at the International Monetary Fund, according to a recent government announcement. Patel's appointment will span three years, marking a new chapter in his…...
RBI bulletin flags US trade risks, notes strong rural demand, benign inflation outlook
4+ mon, 2+ week ago (274+ words) The Indian economy remains resilient, backed by strong rural demand, but trade tensions with the United States could pose a downside risk to growth, the Reserve Bank of India said in its monthly bulletin released late on Thursday. The Reserve…...
Trade deficit widens in India to $27.35 billion amid surging imports
5+ mon, 3+ day ago (235+ words) India's merchandise trade deficit widened sharply in July, pushed by a surge in imports, even as merchandise exports rose ahead of President Donald Trump's tariff announcements on trading partners including India, government data released on Thursday showed. The latest government…...
Stock markets to be driven by Fed meet, Q1 earnings, and macro data next week
5+ mon, 3+ week ago (317+ words) Factors like the upcoming US Federal Reserve meeting, ongoing corporate earnings, and release of important economic data such as Industrial Production (IIP) and HSBC Manufacturing PMI will play a major role in shaping Indian stock market sentiment next week. On…...