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SOUTH ASIA GDP GROWTH FORECAST
Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...
Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
Global Market Today: Asian stocks jump with US futures on Micron outlookAsian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI trade confidence. The chipmaker's sh...
S&P cuts India's FY27 growth forecast to 6.6%, sees inflation at 5.1%India's economic growth is projected to slow to 6.6% in 2026-27 due to energy pressures, a weaker monsoon, and global slowdown, S&P Global ...
RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
Foreign inflows in Asian bonds surge to three-month high in MayIn May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled...
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
RBI MPC: Growth rate could top 7% if oil prices fall furtherThe MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
NSA Ajit Doval meets senior Iranian security officialIn a significant diplomatic engagement, National Security Adviser Ajit Doval held discussions with Iran's Deputy Secretary for Defence Affa...
There are little signs of economy overheating: Saugata BhattacharyaFalling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...
Mumbai rainfall forecast: Monsoon set to strengthen in Maharashtra this week, check district-wise outlookMonsoon is set to advance into more parts of Maharashtra, Telangana, and eastern states by June 23. While heatwave conditions persist in so...
World Bank clears $1.5 billion package to boost India's structural reforms, private sector jobsThe World Bank has approved a $1.5 billion financing package for India, aimed at accelerating structural reforms and stimulating private se...
Xiaomi plans entry into large home appliances in India as smartphone shipments declineChinese smartphone maker Xiaomi is set to enter India's large home appliances market. This move comes as smartphone shipments decline. The ...
Xiaomi India charts post-Anuj Sharma roadmap with South Asia headquarters push and large appliances expansion planThe company reported strong gains in premium smartphones, tablets and TVs, outlined plans to enter large appliances, and announced leadersh...
Oil below $80 may cap fuel price hikes, boost India outlookFalling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
South Asia can generate millions of jobs through agriculture sector: World Bank GroupWith agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global le...
India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMIIndia's economic growth is expected to moderate to 6.6 percent in the current fiscal year. This slowdown follows a robust 7.7 percent growt...
Indian banks better placed than APAC peers: Fitch on West Asia woesIndia's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...