Month: August 2026
RBI’s forex forward book swells to record $136.7 billion
MUMBAI: The Reserve Bank of India’s foreign exchange forward position surged to an all-time high of $136.7 billion in July, according to data released on…
Aon to buy USI Insurance Services for $17 billion: What it means for US middle-market businesses
Aon is buying rival USI Insurance Services for $17 billion. Insurance broker Aon announced Monday that it will acquire USI Insurance Services from private equity…
Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA Nageswaran
New Delhi, [India] August 31 (ANI): India’s domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and…
Indian businesses redesigning supply chain to capture new growth opportunities: Report
Mumbai: Indian businesses are actively redesigning their supply chains to strengthen resilience and capture new growth opportunities, with supplier diversification, strategic inventory and digitalisation emerging…
Doomsayers doomed, India bloomed: PM Modi after Q1 GDP growth quickens to 7.8% amid global tensions
Prime Minister Narendra Modi on Monday hailed India’s 7.8% GDP growth in the first quarter of FY27 as a “herculean feat”, saying the economy delivered…
Govt reforms, agile economic management bearing results: Nirmala Sitharaman on 7.8 pc Q1 GDP growth
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the reforms undertaken by the NDA government, together with an agile management of the economy, are…
Index of services production shows 8 sub-sectors record double-digit growth in June
New Delhi: The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded…
Stock market warning: S&P 500 faces correction risk as inflation stays high and Fed rate hikes loom
US stocks have had a strong run in 2026, but a correction risk is now growing. The S&P 500 has gained about 13%, while the…
India’s fiscal deficit for April-July at Rs 4.55 lakh crore, narrows to 26.8% of FY27 aim
India’s fiscal deficit for the first four months of this fiscal year through July stood at 4.55 lakh crore rupees, or 26.8% of annual estimates,…
India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shock
India’s gross domestic product (GDP) quickened to 7.8% in the first quarter of FY27, up from revised 6.9% in the same quarter last year, as…