BUSINESS
Indian economy registers spectacular growth in Q1, GDP grows by 7.8% exceeding RBI's estimate of 6.5%
Interestingly, China's Q1 growth this year was 5.2% and India's 7.8% growth has ensured that it will continue to be the fastest-growing major economy.
India’s Defense Tech Investment Skyrockets 61-Fold Over the Last Decade: Report
The 'India Military Tech Report 2025' by market intelligence platform Tracxn reported that defence technology startups have raised $192.4 million in 2025 alone, the highest year so far.
RBI Offloads $3.66 Billion in June Spot Market to Support Rupee Stability
The bulletin elaborated that the RBI had bought $1.16 billion and sold $4.83 billion in June. The bank had bought $1.76 billion in May compared to this.
India Increases Oil Imports From US, Reduces Trade Deficit: Report
The country's largest refiner, Indian Oil Corporation (IOC), has received 5 million barrels of U.S. West Texas Intermediate (WTI) crude under a tender for October and November delivery, industry sources said.
India-US Talks On, But 25% Penalty Waiver Crucial For Resumption Of Trade Deal Negotiations: Report
A US delegation was due to arrive in New Delhi on August 25 to continue negotiations. But the talks were "halted" after President Donald Trump raised India's Russian oil import as a main impediment. On August 6, Trump declared an additional 25 per cent tariff, over and above the current two-way duty of 25 per cent.
IndiGo Shares Fall Over 4% Following Promoter Stake Sale
The stock touched Rs 5,789 at 11:38 am, 4.31 percent, or Rs 261, below the previous closing price.
GST Reforms Could Cushion Tariff Effects, India Still Fastest-Growing Economy: Fitch Solutions’ BMI
The company further stated on Thursday that India would likely continue to be among Asia's fastest-growing emerging market economies in this decade.
India to become World’s 2nd-Largest Economy in terms of PPP by 2038: Report
The EY report, based on IMF projections, estimates that India's economy may hit $20.7 trillion in terms of PPP by 2030, placing it ahead of the US, China, Germany, and Japan. In other leading world economies, India has a median age of only 28.8 years in 2025 and is second only in savings rates.
India Says ‘No Compromise’ on Red Lines in US Trade Deal: Report
For India, the sources underlined, there will be no compromising on issues concerning farmers, fishermen, and small businesses. "At the end of the day there are some red lines that we cannot ignore, the deal hangs in the balance on how each side deals with those red lines. For us it has been very clearly outlined," one source told PTI.
Lower prices and reduced LPG losses to boost Indian oil firms’ earnings in FY26
HSBC Global Investment Research pointed out that OMCs now have a strong margin of safety from declining oil prices and a large capital spending plan, which "gives us confidence that a normative level of earnings (assumed) will still be maintained."
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