BUSINESS
India To Remain Among Fastest-Growing Major Economies With 6.6% FY27 Growth: Report
In its latest outlook, the ADB said its revised forecast for FY27 remains above the International Monetary Fund's (IMF) most recent estimate of 6.4 per cent for the same period.
Australian PM Albanese Vows To Keep Strengthening Economic Ties With India
Following his meeting with Prime Minister Narendra Modi, Albanese said the partnership was helping drive economic growth while creating new opportunities for businesses in both nations.
India Climbs Two Spots in Global FDI Inflow Rankings
The publication by UNCTAD also showed India advancing two places to rank as the 18th largest source of overseas investment. Outward FDI increased 50% to $36 billion in 2025. The sharp rise in overseas investments has reduced net FDI inflows, a trend that the government and economists have attributed to the expanding international presence of Indian companies and their growing role in global value chains (GVCs).
Crude oil surges over 6% above $78 a barrel after Trump declares Iran MoU 'over'
Brent crude jumped 6.20% to $78.75 per barrel, while US benchmark WTI crude gained 4.45% to trade at $74.98 per barrel.
E20 petrol blending saved Rs 1.90 lakh crore in forex, says government; calls it a global practice
The factsheet states that between 2014-15 and May 2026, the ethanol blending initiative helped the country save more than Rs 1.90 lakh crore in foreign exchange by replacing 310 lakh metric tonnes of imported crude oil. During the same period, the programme generated additional income exceeding Rs 1.6 lakh crore for farmers while preventing carbon emissions of more than 930 lakh metric tonnes.
Akasa Air Receives Its 40th Aircraft
The airline has inducted nine new Boeing 737 MAX aircraft so far in 2025.
Trump points to India’s rapid growth as a benchmark for the US economy
Speaking in an interview with CNBC, Trump commended India’s growth while taking aim at the US Federal Reserve, accusing the central bank of adopting an excessively cautious stance on monetary policy.
US remains India’s largest LPG supplier in June
Data compiled by commodity analytics firm Kpler showed that India imported 773.78 thousand metric tonnes (TMT) of LPG from the US during June, representing a 19.4 per cent rise over May. The country’s total LPG imports also increased during the month, climbing 3 per cent to 1,191 TMT from 1,155 TMT recorded in May.
China seeks to expand China-Pakistan-style economic corridor to Bangladesh and Myanmar
The proposal resurfaced during Bangladesh Prime Minister Tarique Rahman's four-day visit to Beijing, which began on June 22. During talks with Chinese President Xi Jinping at the Great Hall of the People, both sides discussed moving forward with the corridor "for greater regional connectivity", according to China's foreign ministry.
India among Trump’s leading overseas real estate markets despite trade tensions
The 927-page filing submitted to the US Office of Government Ethics shows Trump's total income crossed $2 billion in 2025. Cryptocurrency ventures, licensing agreements, investments, real estate holdings and other traditional businesses accounted for the bulk of the earnings.
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