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06.09.26 - 15:24
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India holds strong: How government & RBI worked to shield economy from US-Iran war (Times of India)
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The economy has shown resilience in the face of multiple crises. GDP growth is just one aspect of the story. Foreign exchange reserves have recently hit an all-time high. GST collections - an important high frequency indicator - are robust. India's exports have successfully diversified into new markets even as Free Trade Agreements load in the background to provide a supportive effect....
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06.09.26 - 07:06
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FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September (Times of India)
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In early September, foreign portfolio investors pulled out Rs 7,443 crore from Indian equities after experiencing two months of net investments. This retreat was influenced by soaring crude oil prices and stable US bond yields, which dampened investor enthusiasm. Additionally, foreign entities maintained their selling spree in the Indian debt market. Future FPI movements will likely be determined by global factors such as bond yields and inflation statistics....
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05.09.26 - 13:30
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TCS Plans One-Gigawatt Capacity Data Center in Southern India (Bloomberg)
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Tata Consultancy Services Ltd. on Saturday said its HyperVault unit and partners have committed 700 billion rupees ($7.4 billion) to set up a large-scale artificial intelligence data center campus in southern India, speeding up its push into an area that Indian tech firms are prioritizing for future growth....
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05.09.26 - 12:06
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India′s car buyers shift from petrol as CNG, hybrid, EVs cross 42% sales share: Report (Times of India)
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Cleaner fuels now lead Indian passenger vehicle sales, surpassing petrol for the first time. CNG's market share reached a record high of twenty-five percent in August. Electric vehicle sales saw a significant fifty-two percent jump year-on-year. Tata Motors regained its leading position in the electric vehicle market. Delhi recorded the highest electric car penetration, boosted by fleet registrations....
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04.09.26 - 15:48
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Phuket-Delhi flight incident: Air India terminates pilot who tested positive for drugs (Times of India)
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Air India terminated a pilot's employment after he tested positive for a psychoactive substance. This action followed an incident where the aircraft experienced multiple hydraulic failures. The flight encountered an altitude upset, causing injuries to passengers and crew. The Aircraft Accident Investigation Bureau recommended action against the pilot. A detailed investigation into the incident remains ongoing....
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