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TCS to take over Best Buy's India GCC under multiyear dealTata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the fina...
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risksThe finance ministry expects India’s real GDP to grow 7.3% in Q2 FY27, above the RBI’s 6.4% forecast, but warned that global uncertainties ...
Rupee drops to two-month low as global bond rout deepens, oil jumpsThe Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, compli...
Global Market: European shares slide as surging bond yields hit risk appetiteEuropean shares opened the final quarter lower as elevated global bond yields and persistent inflation concerns weighed on investor sentime...
Global Market: Eurozone bonds face pressure as energy shock fuels rate hike betsEurozone bond yields rose sharply as energy-driven inflation strengthened expectations of further ECB rate hikes through 2027. French yield...
Global markets defy bond turmoil as stocks stay near record highsGlobal stocks remain near record highs despite rising government bond yields, geopolitical tensions, higher oil prices and concerns over AI...
India can't take growth for granted, FinMin warns as global rates rise and investors turn cautiousIndia's economy exhibited robust growth of 7.8 percent in the first quarter of FY27 and is projected to grow 7.3 percent in the next quarte...
India faces stiff capital-flow challenge amid global AI, manufacturing raceIndia is confronting significant challenges in attracting capital flows due to the evolving global investment environment. Developed countr...
Global Market: Kospi falls as oil prices, Middle East uncertainty weighSouth Korean shares slipped despite record September exports, as elevated oil prices and uncertainty over Middle East energy supplies weigh...
CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...
Global economy is shifting East, Global South must seize the moment: Shaktikanta DasThe Principal Secretary-2 Shaktikanta Das outlined the challenges and opportunities facing Global South economies during recent discussions...
Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...
India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: ReportIndia's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive deman...
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyedEurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate ...
RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economyIndia's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bullet...
India-US ‘unsettled relations’, energy prices and lack of ‘AI play’ pose economic headwinds: CEA NageswaranIndia’s economy is facing near-term headwinds from unsettled ties with the United States, global energy prices and the lack of a significan...
D-St set for a cautious opening as GIFT Nifty signals muted startBenchmark Nifty declined by 1.6% due to rising global uncertainties and elevated crude prices. Analysts predict weakness in Indian equities...
Economic Affairs Secretary underlines need for household savings to be channelled into India's financial systemEconomic Affairs Secretary Anuradha Thakur emphasised India's potential for greater global financial integration. She highlighted the impor...
Germany has finalised an $8 billion deal with India for next-generation submarines: Jasper WeickGermany has finalised an $8 billion deal with India for the construction of next-generation submarines. German ambassador Jasper Wieck stat...
Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...