A striking shift is underway in the bedrock of global finance. Central banks around the world are aggressively doubling down on gold, with a record number of institutions planning to expand their bullion holdings over the next year. ... read..
China's rare-earth export volumes rose only 2.2 per cent year-on-year during the first five months of 2026, but export value surged 44.9 per cent, reflecting significantly higher prices and stronger global demand for the strategic minerals. ... read..
India's wholesale inflationary pressures remain elevated, but easing global crude oil prices and a stable rupee could help soften future price risks, potentially allowing the Reserve Bank of India (RBI) to defer any immediate rate hike despite a sharp ris ... read..
Global commodity prices are expected to remain elevated in the coming months as geopolitical tensions in West Asia continue to disrupt supply chains and adverse weather conditions threaten agricultural output, according to a report by Bank of Baroda (BoB) ... read..
Mumbai (Maharashtra) | June 16, 2026 3:25:41 PM IST
India's long-term growth outlook remains robust despite global geopolitical uncertainties and intermittent market volatility, supported by resilient domestic demand, infrastructure investments and improving corporate fundamentals, according to financial s ... read..
European credit conditions are set to face more headwinds through end-2026 as the US-Iran war dragged on growth, lifted inflation and raised funding costs, but the outlook may now shift quickly, as per Fitch Ratings' mid-year update. ... read..
Fiscal year 2025-26 witnessed a significant expansion of India's global trade engagement, with New Delhi concluding a series of free trade agreements (FTAs) and comprehensive economic partnership pacts with key economies, including the United Kingdom, Oma ... read..
The second half of 2026 is shaping up to be more uneven for US credits, a research report by Fitch Ratings said. The agency warned that inflation and higher-for-longer interest rates will deepen pressure on consumer-sensitive sectors while energy-linked i ... read..
India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General's (CAG) ... read..
India's services sector emerged as the key driver behind the country's record combined exports of USD 863.1 billion in FY26, according to data released by the Ministry of Commerce and Industry. ... read..
India's balance of payments remains broadly resilient but is increasingly constrained by global dollar liquidity tightness, leading to currency volatility, including in the rupee. ... read..
India's fiscal policy is undergoing a significant shift to support domestic growth and strengthen economic resilience amid rising global uncertainties triggered by the ongoing West Asia conflict, according to a report by S&P Global. ... read..
India's Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) market could attract an additional investment pool of about Rs 11.6 trillion by 2030, while assets under management (AUM) are expected to more than double to over ... read..
While India's trade deficit widened to USD 28.21 in May 2026, lower crude oil prices and higher duties on gold imports will likely ease pressure on the import bill and trade deficit as per a report by Dolat Capital. ... read..
India's 5G subscriber base is expected to surpass 1.1 billion by the end of 2031, representing an 81 per cent subscription penetration rate, according to the latest Ericsson Mobility Report released on Tuesday. ... read..
Mumbai (Maharashtra) | June 16, 2026 12:55:54 PM IST
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 is expected to provide timely relief to companies grappling with higher working capital requirements arising from disruptions caused by the ongoing West Asia conflict, according to a report by CRISIL ... read..
India's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appears to be behind as a weaker rupee, resilient services exports and strong remittance inflows are likely to cushion e ... read..
Mumbai, (Maharashtra) | June 16, 2026 12:25:18 PM IST
A potential agreement between Iran and the United States to end the ongoing West Asian conflict could lead to a normalization of global energy markets, ease macroeconomic pressures on India and support a broader recovery in corporate earnings, according t ... read..
The National Testing Agency (NTA) restricted access to the Telegram platform in India for a defined and limited period ending 22 June 2026, covering the day of the NEET (UG) 2026 re-examination and its immediate aftermath. The restriction addresses the sp ... read..
India's telecom sector is entering a multi-year growth and recovery phase with ARPU CAGR expected to grow to 7% during FY26-29E, which will likely reduce India's tariff gap, as per a report by Elara Capital. ... read..
The Reserve Bank of India has invited online applications from eligible candidates for engagement as Young Professional (YP) for different work areas in its various Central Office Departments located at Mumbai for a fixed stipend of Rs 1,50,000 monthly. ... read..
Indian equity markets opened in the green on Tuesday, tracking strong performance across global peers and selective overnight gains in US markets. ... read..
The US Strategic Petroleum Reserve tumbled last week to its lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize economic damage from the war with Iran. ... read..
The yield on the 10-year benchmark government security (6.48% GS 2035) ended May at 7.00 per cent, dropping by two basis points from its April closing position of 7.02 per cent, according to the latest market data from a Crisil Intelligence report. ... read..
The Central government on Monday hiked the export duties levied on diesel by Rs 14 per litre and Aviation Turbine Fuel (ATF) by Rs 12.5 per litre, with no change in the rates of duty on petrol. ... read..
India's gem and jewellery exports declined 6 per cent year-on-year to USD 4.27 billion during April-May 2026, weighed down by a sharp fall in plain gold jewellery shipments amid gold supply constraints and rising input costs, even as silver jewellery expo ... read..
After Prime Minister Narendra Modi and French President Emmanuel Macron inaugurated the "Bharat Innovates 2026" summit, Commerce Minister Piyush Goyal visited Sophia Antipolis, Europe's top science and technology hub, to boost India's deep-tech ties with ... read..
India stands to gain significant economic benefits by pivoting its renewable energy strategy toward a more balanced mix of wind and solar power. ... read..
The Government of India will divest up to 5 per cent equity in General Insurance Corporation of India (GIC Re) through an Offer for Sale (OFS), with the issue opening for non-retail investors on June 16 and for retail investors and employees on June 17, a ... read..
Indian Railways has sanctioned Rs 341 crore for expanding its indigenously developed train protection system Kavach across Ambala Division of Northern Railway and Ahmedabad Division of Western Railway, taking the safety net to more high-density passenger ... read..
Even as India's external position improved in trade and services, capital outflows--especially portfolio investment--dragged the overall balance into deficit in April 2026, as per the data released by the Reserve Bank of India. ... read..
Labour market conditions are likely to remain under watch as seasonal factors weigh on hiring momentum, even as urban unemployment slipped to its lowest level in a year. According to the Ministry of Statistics and Programme Implementation, the Periodic La ... read..
A unique meeting of minds took place at the "Bharat Innovates 2026" summit in Nice, as Prime Minister Narendra Modi and Akis Evangelidis, co-founder of the tech firm Nothing, engaged in a conversation that bridged the gap between modern entrepreneurship a ... read..
Ahmedabad (Gujarat) | June 15, 2026 8:55:03 PM IST
Adani Enterprises Ltd and Jabil Inc. on Monday announced the intent to form a strategic alliance to establish a world-class, vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting GW-scale capacity for global de ... read..
Tesla has started deliveries of the newly launched six-seater Model Y L in India, expanding its product portfolio in the country's premium electric vehicle market, as per a statement by the company. ... read..
Sarvam, India's full-stack sovereign AI company, has raised $234 million in the first close of its $300 million Series B at a post-money valuation of $1.5 billion, marking one of the largest funding rounds for an Indian AI startup. ... read..
SpaceX continued to climb on the second day as the reusable rocket company's shares jumped 6 per cent to USD170 against the Friday's closing price of USD161. ... read..
Mumbai (Maharashtra) | June 15, 2026 7:26:24 PM IST
Vedanta Group Chairman Anil Agarwal on Monday said that while any US-Iran deal or geopolitical resolution is beneficial for global stability, the direct impact of such developments on India's economy is relatively limited ... read..
Indian equity markets may continue to face near-term challenges from global and domestic developments, but will eventually scale fresh all-time highs, according to Kotak Mahindra Asset Management Company Nilesh Shah. ... read..
Fox Corporation is buying streaming platform Roku in a USD22 billion deal that would make the American media giant a force to reckon with in the live news and sports as well as streaming industry. ... read..
