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Despite global economic headwinds, the World Bank projects India to be the fastest-growing major economy in 2025-26, with a 6.3% GDP expansion. While this forecast remains steady from April, it's a slight dip from January's estimate due to subdued industrial growth and export demand. However, construction, services, and rural consumption are expected to remain robust, supporting India's strong economic fundamentals.
Jio BlackRock Asset Management has secured regulatory approvals from SEBI and BSE to launch its investment advisory operations in India. This venture, a 50:50 partnership between Jio Financial Services and BlackRock, aims to revolutioni ...more
This move will lower borrowing costs for customers with loans linked to RLLR. Depending on their loan terms, customers may benefit from reduced EMIs (Equated Monthly Instalments) or a shorter loan tenure
Basmati rice exporters maintain earnings despite falling prices, emphasizing the need for market reforms and quality management.
Expected to be launched in 2029, IBM Quantum Starling will be built in a new IBM Quantum Data Center in New York
Veranda unveils its 2.0 vision
Indian auto industry representatives are seeking China's approval to expedite rare earth magnet imports, crucial for EV production. China's export restrictions on these materials, implemented in April, are causing potential production d ...more
The NSE has secured Sebi's approval to introduce monthly electricity futures contracts, a move designed to enhance price discovery and risk management in India's power sector. This initiative aims to provide market participants with hed ...more
Centre is not keen on providing subsidies, quality control orders will be used to push industry to become internationally competitive, says official
The official rebuttal was issued following several reports circulated online claiming that the government was planning to impose MDR on large-ticket UPI transactions.
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