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SERVICES INFLATION
Cognizant logs marginal dip in Q2 net, revenue rises 4.5%The Nasdaq-listed company revised its full year revenue forecast to $22.04-22.35 billion, implying 4.4-5.9% growth (4.0-5.5% in constant cu...
Factory floors find their footing againIndia's industrial rejuvenation thrives on the backs of electronics and automotive sectors, driving economic vitality forward. The manufact...
Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
Indian economy shows recovery despite global uncertainties, private investment gains momentum: ReportDemonstrating remarkable resilience, India's economy witnesses a comprehensive recovery across sectors, coupled with an increase in industr...
Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
How the rain gods impact the Indian economyIDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. Wh...
Dollar hits one-month high on lingering chances of Fed hikeThe US dollar reached a one-month high as traders considered a potential Federal Reserve rate hike. Falling oil prices offered some relief ...
Lower crude, firmer rupee and easing volatility drive sharp rebound in Indian equitiesIndian stocks and currency surged significantly on Monday after crude oil prices collapsed. The BSE Sensex and NSE Nifty both saw substanti...
US President Trump's economy at 18 months is a tale of shocks, resilience, and signs of stalled progressPresident Trump's initial eighteen months saw economic shocks from immigration and tariffs. An Iran war also impacted oil prices and global...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
US business activity hits 8-month high but supply strains, costs riseUS business activity expanded at its fastest pace in eight months during July. Strong domestic demand for services offset cooling factory p...
Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
India's private sector growth hits over four-year lowIndia's private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained busin...
Global Market: Japan's core inflation picks up in June; BOJ rate outlook keeps markets on edgeJapan's core consumer inflation rose to 1.6% in June. This increase occurred while food prices eased and service inflation slowed. Underlyi...
Competition regulator dismisses consumer complaint on 'abuse of dominance' by ZomatoThe Competition Commission of India (CCI) dismissed a complaint against Zomato’s parent company Eternal, ruling that there was no prima fac...
Global Market: ECB seen holding rates steady while keeping September hike option openThe European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal th...
UK inflation at 15-month low in temporary relief for consumersConsumer prices rose 2.6% in the 12 months to June, down from 2.8% in May and the lowest annual rate since March 2025, the Office for Natio...