-
Business
India Emerges as a Crucial Petrol Supplier to Russia Amid Refinery Attacks and Fuel Shortages
India has become a significant energy supplier to Russia, exporting nearly 1 million barrels of gasoline in the last two months. This surge in exports comes as Russia faces a…
Read More » -
Business
Six Months into the Iran War: Economic Impact on Companies and Sectors
Six months into the ongoing conflict involving the US, Israel, and Iran, the anticipated economic fallout has not fully materialized. While the war has driven up energy and food prices,…
Read More » -
Business
India Achieves Fiscal Deficit Target for 2025-26, Enhancing Credit Ratings
India has successfully met its fiscal deficit target for the financial year 2025-26, according to Union Finance Minister Nirmala Sitharaman. Speaking to the Indian diaspora in Chicago, she emphasized that…
Read More » -
Business
Foreign Investors Boost Indian Equities with Over Rs 30,900 Crore in August
Foreign investors made a notable return to Indian equities in August, investing Rs 30,919 crore. This marks a significant rebound following a challenging first half of the year, where they…
Read More » -
Business
EY Forecasts 7-7.2% Growth for India’s Economy in FY27 Amid Global Challenges
India’s economy is projected to grow between 7% and 7.2% in FY27, driven by robust domestic demand and increased government spending on capital projects, according to a recent report by…
Read More » -
Business
HDFC’s CEO Departure Aims to Resolve Uncertainty for the Company
Sashidhar Jagdishan will retire as Managing Director and CEO of HDFC Bank on October 26, following his decision not to seek reappointment. His departure is expected to eliminate leadership uncertainty…
Read More » -
Business
Resilient Q1 Growth Driven by Demand and Government Capital Expenditure Amid Global Challenges
India’s economy is projected to grow between 7% and 7.5% in the April-June quarter of FY2026-27, despite challenges from a late southwest monsoon and geopolitical tensions in West Asia. This…
Read More » -
Business
US Labor Department Adjusts Employment Growth Downward by 79,000; Private Sector Sees 178,000 Job Cuts
US employment growth for the year ending March 2026 has been revised downward by 79,000 jobs, according to the US Bureau of Labor Statistics (BLS). This adjustment represents a decrease…
Read More » -
Business
India’s Hotel Sector Poised for Growth in H2FY27 Driven by Robust Leisure Demand
India’s hotel industry is poised for stronger growth in the latter half of FY27, driven by robust domestic leisure demand and a gradual recovery in corporate and international travel, according…
Read More » -
Business
HDFC Plans to Challenge 99.97% Haircut on Claims Involving Zee’s Chandra
MUMBAI: The National Company Law Tribunal (NCLT) has approved a repayment plan for Subhash Chandra, the chairman of Zee Group, which offers creditors only Rs 6.5 crore against claims totaling…
Read More » -
Business
Government Aims to Streamline Processes to Enhance Foreign Direct Investment
Commerce and Industry Minister Piyush Goyal announced on Thursday that the Indian government will prioritize streamlining processes and expediting clearances to enhance foreign direct investment (FDI) inflows. He emphasized that…
Read More » -
Business
SIA to Thoroughly Evaluate AI’s Capital Request
Singapore Airlines (SIA), which owns a 25.1% stake in Air India (AI), announced on Thursday that it will evaluate any requests for additional capital from AI while considering the group’s…
Read More » -
Business
Government Reaches 78% of FY27 Disinvestment and Asset Monetization Goals in Just Five Months
The Indian government has achieved approximately 78% of its FY27 budgeted target of Rs 80,000 crore for disinvestment and asset monetisation within the first five months of the financial year.…
Read More » -
Business
Oil Prices Steady Amid Choppy Hormuz Flows, Heading for Weekly Losses
Oil prices remained steady on Friday but were on track for a significant weekly decline. Brent crude futures were down 4 cents at $89.66 a barrel, while US West Texas…
Read More » -
Business
India and China Invest in the Northern Sea Route: Implications from Suez to Russia’s Arctic
India is set to send its first cargo ship through the Northern Sea Route (NSR) in 2027, as the country reassesses its supply chain strategies amid ongoing geopolitical tensions. The…
Read More »
