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India's economy surged past expectations, posting an impressive 8.2% real GDP growth in the second quarter of FY 2025-26, the highest in six quarters. This robust performance solidifies India's position as the world's fastest-growing major economy, driven by strong secondary and tertiary sector contributions. Private consumption also showed a healthy uptick....
India's economy grew faster than expected last quarter, underscoring its resilience even as President Donald Trump's steep tariffs cloud the outlook for the rest of the year....
India's rupee weakened to a new record, pressured by dollar demand from importers and delays in reaching a trade deal that would reduce harsh US tariffs on the South Asian nation....
India is actively pursuing free trade agreements with key global players like the US and EU, alongside around 50 other nations and blocs. Commerce minister Piyush Goyal highlighted the strategic importance of "trusted partners" amid rising global trade risks. Discussions are progressing with the GCC, New Zealand, and Israel, while talks with Canada are set to resume....
China's Envision Group is considering a $34 million battery manufacturing plant in India, aiming to support the nation's renewable energy integration. The proposed facility would assemble battery systems, utilizing Chinese-sourced cells while developing local racks and software. This move comes as India faces storage shortages, hindering its renewable energy expansion and grid stability....
India is planning to extend the tax holiday on profits earned by aircraft leasing firms in its newest finance hub to 15 years, said people familiar with the matter, to get a bigger piece of the global leasing market currently dominated by Ireland....
Nomura's Sonal Varma discusses the impact of US trade policy on Indian exporters and the country's overall economy. She speaks with Menaka Doshi and Yvonne Man on Bloomberg Television. (Source: Bloomberg)...
Piyush Gupta, the former Chief Executive Officer at DBS Group Holdings Ltd., will become chairman of Temasek International's Indian operations from Dec. 1....