BUSINESS
Morgan Stanley Projects Stronger Indian Economy with Revised Growth Estimates
This is a positive upgrade from its previous forecast of 6.1% and 6.3%, respectively. The company credited this increase with robust domestic demand, which it expects to be the main driver of economic growth in spite of continuing global uncertainties.
SBI Plans to Raise $3 Billion from Overseas Markets in FY26
As per the exchange filing, the Central Board's Executive Committee sanctioned looking into and going ahead with long-term fund-raising "in single/multiple tranches of up to $3 billion under Reg-S/144A, by way of a public issue and/or private placement of senior unsecured notes in US dollar or any other leading foreign currency in FY 2025-26."
India-UK Free Trade Agreement Poised to Double Textile and Apparel Exports by 2030
This transition would unlock an incremental annual export opportunity of around $1.1–1.2 billion in the near to medium term.
S&P Global Highlights India's Manufacturing Sector as a Growing Magnet for Global Investors
While manufacturing accounts for a relatively small 17.2 percent of the country's real gross domestic product (GDP), the government has brought in targeted policy interventions aimed at augmenting domestic manufacturing capacity and making India even stronger in global supply chains.
FPIs Infuse ₹8,831 Crore into Indian Stocks — Biggest Single-Day Investment Since March
This has been according to provisional figures issued by the National Stock Exchange (NSE) on Saturday.
Air India Refutes Claims of Lobbying Against IndiGo's Turkish Lease
"Air India refutes the gross misrepresentation and malicious reporting of a competitor's business model in some sections of the media. We, as a respectable corporate entity, refrain from commenting on competition," the airline said.
Moody’s Downgrades US Credit Rating to AA1 Amid Mounting Debt and Political Stalemate
The agency reduced the U.S. rating to its highest grade of Aaa from Aa1, though it noted that the country "remains exceptional credit strengths such as the size, resilience and dynamism of its economy and the status of the U.S. dollar as global reserve currency."
USA Proposes 5% Remittance Tax on Non-Citizens: What It Means for Indian Workers
But that consistent stream of money could soon be threatened with a new challenge: a planned 5% excise tax in the U.S. on money transfers going overseas.
India willing to remove 100 pc tariffs on US goods, Says Donald Trump
During a recent Fox News interview, Trump mentioned India as a quintessential example of a country with trade barriers he will seek to eliminate.
India's Forex Reserves Climb $4.5 Billion to Reach $690.6 Billion, Driven by Gold Holdings
Foreign currency assets (FCA), the largest component of the reserves, increased by $196 million to $581.37 billion.
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