BUSINESS
India Projected to Grow at 6.6% in FY26 Amid Global Uncertainty
The report forecasts India's GDP growth to be at 6.6% in FY26, marginally higher than 6.5% of FY25, led by factors like recent monetary policy relaxation, income tax reductions, favorable monsoon rainfall, and the likelihood of lower global oil prices for an extended duration.
Five States Make Up Half of India’s Active GST Taxpayers, With UP in the Lead: SBI Report
This concentration reflects uneven tax registration distribution across the nation and highlights opportunities for more widespread formalisation in most regions.
IMF’s Gita Gopinath to Step Down in August & Rejoin Harvard as Professor
Gopinath will become the first Gregory and Ania Coffey Professor of Economics at Harvard in a highly acclaimed new academic appointment.
India and UK to Finalize Trade Deal on July 24, with Goyal Joining PM Modi
The visit, scheduled for July 23–24, comes at the invitation of UK Prime Minister Keir Starmer and will mark Modi’s fourth official trip to the UK.
Crisil Projects 6.5% GDP Growth for India This Fiscal, Inflation to Ease to 4% Average
The Crisil Intelligence Near-Term Outlook underscored that though overall economic uncertainty across the world — particularly with regard to fresh U.S. tariffs — remains a major external risk, India growth is expected to be driven by the likes of a healthy monsoon, recent relief on income tax, and RBI monetary policy easing.
Listed Startups in India Garner Over $5 Billion from Public Markets in FY25
The RainGauge Index FY25 Annual Report by Rainmaker Group pointed to a significant shift in the patterns of fundraising, with public markets becoming the primary source of late-stage capital, overtaking classic private equity investments.
Aviation Minister Assures Unbiased AAIB Probe; Final Report Awaited in Rajya Sabha
This is the first parliamentary session since the June 12 tragedy that involved flight AI171 which was on its way to Gatwick London.
Unemployment reduced from 6 pc to 3.2 pc in 6 years, inflation at record low, says Nirmala Sitharaman
In a written response to a parliamentary question, Sitharaman listed a series of measures to contain inflation, enhance steady employment and raise the household income — especially of the underprivileged section and youths.
India Prioritizes National Interest in Trade Agreements, Reaffirms Piyush Goyal
Addressing at the ASSOCHAM-hosted session named 'Creating Global Impact Towards Viksit Bharat', the Minister clearly stated: "If India gets a good trade deal, we will go ahead with it. If not, we won't," he said in a firm tone.
EU Sanctions on Russia Disrupt Gujarat Oil Refinery, Prompting India’s Objection
“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” said EU foreign policy chief Kaja Kallas, as quoted by news agencies.
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