Category: Economy
West Asia conflict may dent India Inc profitability by 200 bps: Crisil
A prolonged conflict in West Asia could shave nearly 200 basis points off India Inc’s operating profitability this fiscal, even as overall corporate credit quality…
India’s AI boom could turn data centres into the next big infrastructure race: KPMG
India’s total data centre sector revenue is projected to reach approximately $45.69 billion by 2033, driven by rising AI workloads, cloud adoption and data localisation…
The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain
Finance Minister Nirmala Sitharaman on Monday called for sharper focus on what she termed the three “Fs” — fuel, fertiliser and foreign exchange — amid…
India turns net importer of finished steel in April, data shows
NEW DELHI: India turned a net importer of finished steel in April, according to provisional government data reviewed by Reuters on Monday. Here are some…
India to strengthen EV shield against oil imports with fresh subsidies: Report
The government is planning to double down on subsidies for electric two-wheelers as a central scheme to support clean mobility, the Mint reported on Monday,…
Australian FM Penny Wong to visit India for Quad FMM
Canberra: Foreign Minister of Australia, Penny Wong, announced that she will visit India to participate in the Quad Foreign Ministers’ Meeting and hold the Australia-India…
RBI ready to do ‘whatever is required’ to curb rupee volatility: Sanjay Malhotra
The Reserve Bank of India (RBI) will do “whatever is required” to ensure orderly movements in the foreign exchange market and curb undue speculation, Governor…
India’s economy likely ended FY26 on firm footing despite worsening Iran war impact
New Delhi: The Indian economy likely closed FY26 on a strong note, with growth in the March quarter bolstered by robust domestic demand, agricultural activity,…
Delivery cost increased by about 19% in Asia Pacific: Report
New Delhi: Delivery cost has increased by about 19 percent in the Asia Pacific, including India, between the March and May period on a year-over-year…
Government allocates 8,606 tonnes of raw sugar exports to the US
New Delhi: The government has allocated 8,606 tonnes of exports of raw cane sugar to the US under the quota-based tariff concession scheme. “The quantity…