Asia stocks surge: Markets hit 3-year high; oil prices edge up despite weekly drop
Asian stocks soared to multi-year highs, mirroring Wall Street’s optimism, fueled by easing geopolitical tensions and anticipated interest rate cuts. Japan’s Nikkei 225 surpassed 40,000 ...
Corporate debt levels: Indian companies’ debt growth slows to 2.9% in FY25; firms turn inwards for funds
A Bank of Baroda report indicates Indian companies are increasingly funding growth internally. Corporate debt growth slowed to a 2.9% CAGR between FY21-FY25, a significant ...
India on track to achieve $5 trillion economy by 2027, says Piyush Goyal
Commerce minister Piyush Goyal has reaffirmed India’s ambition to become a $5 trillion economy by 2027, emphasizing strong macroeconomic fundamentals and policy reforms. He highlighted ...
RBI policy minutes: Governor backed neutral stance to ‘cut, pause or hike rates’; Five of six MPC members supported ‘front-loaded’ easing
RBI’s Monetary Policy Committee, led by Governor Sanjay Malhotra, reduced the repo rate by 50 bps for the second consecutive time, shifting to a neutral ...
Core sector slowdown: Core industries index slips to nine-month low of 0.7% in May; crude, gas and electricity drag index despite cement, steel gains
India’s core infrastructure sectors experienced a significant slowdown in May 2025, growing by a mere 0.7%, the weakest performance in nine months. This decline was ...
India’s services sector maintains strong momentum in May; job creation hits record high
India’s services sector performed well in May. The HSBC India Services PMI Business Activity Index increased. This indicates growth in activity, hiring, and international demand. ...
India’s economy may grow 6.3% in FY26, 6.4% next fiscal: OECD
The OECD projects India’s economy to expand by 6.3% in 2025-26 and 6.4% in 2026-27, remaining the fastest-growing G20 economy despite global uncertainties. While private ...
India’s domestic economic conditions will continue to be supportive for growth: Moody’s Rating
Moody’s Ratings anticipates India’s robust domestic economy will sustain growth, enabling banks to maintain healthy asset quality. System-wide nonperforming loan (NPL) levels are projected to ...
OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war
The OECD has downgraded its global economic growth predictions due to the escalating trade war spurred by US tariffs. The revised forecast indicates a slowdown ...
GST collections up 16%, fastest since Oct 2022
Goods and Services Tax (GST) collections in India surged by 16.4% to ₹2.01 lakh crore in May, marking the fastest expansion since October 2022, propelled ...
