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EXTERNAL SECTOR IMBALANCES INDIA
June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...- Union minister Margherita, Bihar guv attend Khamenei's funeral ceremony in TehranIndia officially paid its respects at the funeral of Iran's late Supreme Leader Ayatollah Ali Khamenei. Union Minister Pabitra Margherita a...
- 'Are all citizens being made slaves of Indian govt': Bombay HC quashes externment order over CAA protestsThe Bombay High Court has overturned an externment order against SDPI leader Saeed Ahmad Chaudhary, who organized protests against governme...
- Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...
- NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
- RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- PM Modi accords ceremonial welcome to Japanese PM Sanae TakaichiJapanese Prime Minister Sanae Takaichi received a ceremonial welcome at Rashtrapati Bhavan today, marking her first official visit to India...
- China’s factories cap best quarter since 2020, survey showsThis "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The p...
- India-Japan Annual Summit to focus on AI, chips & clean energyThe two countries have identified semiconductors, critical minerals, pharmaceuticals, clean energy, and information and communication techn...
- India urges Pak to expedite release, repatriation of 188 Indian fishermen, civil prisonersThe MEA also said, "As a result of sustained efforts by the government of India, 2,661 Indian fishermen and 78 Indian civil prisoners have ...
- Foreign Secretary Vikram Misri gets one-year extensionForeign Secretary Vikram Misri gets one-year extension, says government order.
- Easing oil prices, supply chains to soften external pressures on India: Finance ministryIndia's economy remains resilient despite global uncertainties, with easing oil prices and improving supply chains offering some relief. Ho...
- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Emerging technologies will define next phase of India-US ties: Ambassador KwatraEmerging technologies like AI and semiconductors will spearhead India-US cooperation, according to Ambassador Vinay Mohan Kwatra. India is ...
- SBI raises $300 million under RBI's ECB swap windowState Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. Th...
- India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbsIndia's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...
- RBI's dollar inflow measures buy time, but external risks remainThe Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...
- China industrial profits stay resilient as economy leans on factories, exportsChina's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and ex...
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