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Central banks of Japan, US and the UK will meet separately to decide on interest rates.
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Q4 shows a mixed bag with a marginal pick-up, surprisingly, in discretionary consumption segments
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The government is also planning to set up one nuclear power plant in every state that does not fall under the Seismic Zone 5 and may consider the 'fleet mode' in order to ramp up capacity addition.
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The volume contribution to market growth has been low for more than a year now
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While global economic forecasts are being lowered, stock indices from the US to developed markets are hitting new highs. Dig deeper to see why TACO, tech dominance, and income inequality may be driving this strange boom
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As a broad-based and durable consumption recovery is increasingly critical for a revival in the private capex cycle, RBI has delivered a bumper rate cut and liquidity boost
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CK Hutchison’s $23bn sale has raised worries of MSC’s increased control of global port infrastructure
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The minimum land required for setting up a factory has been reduced to 10 hectares from 50 hectares in special economic zones for semiconductors and electronic components and to 4 hectares from 20 in multi-product SEZs
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Easing of bidding norms to encourage greater participation by private firms had seen relatively smaller companies come in at competitive prices
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Meanwhile, India has sought consultations with the United States (US) at the World Trade Organisation (WTO) on tariff increase of 25 per cent on imports of passenger vehicles (PVs) and light trucks, and on certain automobile parts.
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As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24.
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The next round of negotiations is expected in July-August, 2025. India and Chile aim to conclude their trade negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by 2026.
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Visa issues for Chinese technicians, supply chain disruptions, and slow technology transfer have hampered progress under the Production Linked Incentive scheme for solar modules.
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On May 29, a federal appeals court temporarily reinstated President Donald Trump's tariffs.
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With the monsoon arriving sooner, the Ministry of Power plans to reassess its peak power demand projections for this year, which are currently pegged at 270 GW.
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The next two years are critical to see a decline in battery costs and interest rates tango to drive down EV prices
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The lower coal import for FY25 has also resulted in foreign exchange savings of approximately $7.93 billion or Rs 60,681.67 crore for the fiscal.
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Sterlite Electric expects a turnover of about Rs 6,500 crore in FY26 and plans to double in the next three to four years by expanding into high-end cable manufacturing, Agarwal has said
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Coal and roads outperform targets, while Railways lags with over 81 percent shortfall. NITI Aayog is revamping its approach for the second NMP (2025–30) with a Rs 10 lakh crore target.
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The record numbers indicate renewed confidence in the coal sector as the Indian government seeks to ensure energy security for the country through thermal power till the time firm renewable energy becomes affordable.
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OpenAI CEO has forecast an end to the era of smartphone dominance
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Government procurement makes up about 15% of GDP, or $600 billion. Restricting it mostly to local firms leads to inefficiencies and higher costs, which are borne by tax payers. India will be better off if foreign firms are allowed to bid for government purchase contracts, thereby catalyzing efficiency gains in domestic companies and reducing the bill value
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AI is transforming India’s financial services sector. Banks must integrate AI strategically, balance innovation with regulation, and adopt responsible AI to enhance productivity, customer experience, and long-term growth
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Tribunal asks JSW, lenders to present concrete steps by May 26 to comply with Supreme Court's directions on resolution plan reversal
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With over Rs 977 crore in sanctioned loans, Gensol Engineering is facing intensified recovery proceedings from lenders amid widening financial and governance lapses.
