NEW DELHI: India’s overall exports are expected to touch $ 850 billion in 2025-26, up marginally from $ 825 billion last year, according to an analysis by Global Trade Research Initiative (GTRI). In FY26, goods exports are likely to stay broadly flat, squeezed by weak global demand and renewed...
NEW DELHI: The Confederation of Indian Industry (CII) on Thursday outlined a four-point fiscal strategy for sustaining macroeconomic stability, calling for strict adherence to the government’s debt glide path, stronger fiscal transparency, higher revenue mobilisation, and sharper expenditure efficiency ahead of the 2026-2027 (FY27) Union Budget. The alignment of...
MUMBAI: After nearly two years of muted tech spending, the IT services industry is positioned for a year of recovery in 2026 as early signs that the prolonged demand slowdown is beginning to ease emerge. Discretionary cycles that stalled transformation programmes through 2023–25 are expected to gradually unfreeze, and...
MUMBAI: Transmission of repo rate changes to non-banking financial companies (NBFCs) continues to be slow and uneven, even as many lenders steadily reduce their dependence on bank borrowings by tapping bond markets and other funding sources, according to industry executives and analysts. Umesh Revankar, executive vice-chairman of Shriram Finance,...
The first and second quarter 2025-26 real GDP growth rates at 7.8% and 8.2% respectively provide a post-Covid robust growth performance. The full year growth is expected to be more than 7%. The RBI has revised its full year growth estimate upwards to 7.3%. Considering the post-Covid period while...
By K Raveendran As 2026 approaches, the global oil market is heading into a year that could decisively reshape price dynamics, fiscal planning in producing states, and energy security calculations for importing economies. The defining feature of the coming year is not demand destruction or geopolitical shock, but the...
By R. Suryamurthy By any technical measure, India’s successful launch of the BlueBird Block-2 satellite should have been routine. Rockets lift satellites into orbit every week now. SpaceX alone has normalised spaceflight to the point of near banality. And yet, the LVM3-M6 mission — which placed a 6,100-kg U.S.-built...
By Rabindra Nath Sinha KOLKATA: Whether the Bodo Movement Groups (BMGs) will press ahead with the in-principle decision to organize a mass gathering of two lakh people at Kokrajhar in the near future in support of their five-year-old demand for more powers and more elected representatives — will hinge...
By Jag Mohan Thaken Amid a stuck period for Indo-American Trade finalization, India and New Zealand announced a bilateral agreement, on December 22, 2025, stating a win-win situation for both. However, the implementation may take a period of six months or so. A Government of India press release through...
By Aritra Banerjee It’s often observed that political violence in the Indian subcontinent, especially in the now volatile South Asian neighbours India and Bangladesh, has often announced itself first on university campuses. When students become targets rather than participants in political life, it signals that institutional mechanisms for managing...
By T N Ashok Every December, the southern Indian metropolis of Chennai undergoes a remarkable transformation — its air infused with jasmine, its streets animated with cultural fervour, and its people drawn into a rhythm of music, drama, dance and cinematic celebration. For decades, this coastal city has turned...
By Asad Mirza India recently got support in its fight against cross-border terrorism, from an unexpected quarter. Several Pakistani religious scholars and representatives of various religious sects stressed at a meeting that Afghan territory must not be used by the Tehreek-e-Taliban Pakistan (TTP) against Pakistan. In a joint statement...
By Nesar Ahmad Since the beginning, the National Democratic Alliance (‘NDA’) government has not shied from showing its dislike towards the Mahatma Gandhi National Rural Employment Guarantee Act (‘MGNREGA’). In 2015, only a year after the government came to power, Prime Minister Narendra Modi, speaking the Parliament mockingly, noted...
NEW DELHI: India’s USD 280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme — including a proposed USD 100,000 fee for...
NEW DELHI: The Union Budget for 2026-27 may reinforce growth by backing strong domestic demand through targeted fiscal support, complementing the RBI’s growth-oriented monetary stance, the EY Economy Watch report said on Tuesday. It said although there may be some revenue sacrifice due to income tax and GST reforms...
NEW DELHI: The government has completed consultations with the industry on the proposed mandatory labelling of AI-generated content, and the related rules are set to be issued shortly, IT Secretary S Krishnan has said. Krishnan told PTI in an interview that the industry has been “fairly responsible”, understands the...
MUMBAI: The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to ₹3 trillion into the banking system. The central bank said it would purchase Government of India...
NEW DELHI: HPCL Mittal Energy Limited (HMEL) will invest Rs 2,600 crore to expand operations at its Guru Gobind Singh Refinery in Bathinda, setting up polypropylene downstream units and fine chemical projects, the firm said Tuesday. HMEL Managing Director and CEO Prabh Das said apart from producing fuels such...