Washington — India’s economic outlook remains strong even amid rising global uncertainty triggered by tensions in the Middle East, according to International Monetary Fund Chief Economist Pierre-Olivier Gourinchas. Speaking during an interaction with international media, Gourinchas noted that India has … read more
New Delhi — India’s IT services sector is beginning to show signs of a gradual recovery, with improving growth visibility and stronger underlying fundamentals, according to a new report by BNP Paribas. Despite cautious investor sentiment, the report indicates that … read more
Mumbai — Equity mutual funds witnessed a strong rebound in March, with inflows into actively managed schemes touching an eight-month high, according to data released by the Association of Mutual Funds in India. Investments in equity funds rose sharply to … read more
Mumbai: Tata Consultancy Services (TCS) on Thursday reported a solid performance for the January–March quarter (Q4 FY26), posting a 12% year-on-year rise in consolidated net profit. The IT major recorded a profit of ₹13,718 crore, up from ₹12,224 crore in … read more
The Reserve Bank of India is expected to keep interest rates unchanged, with a greater focus on managing liquidity in 2026, according to a report by SBI Mutual Fund. Despite crude oil prices hovering nearly 50% above the RBI’s assumed … read more
New Delhi: Credit card spending in India recorded a 6 per cent year-on-year (YoY) growth in February 2026, reflecting continued expansion in digital payments. However, on a month-on-month (MoM) basis, spending declined sharply by 11 per cent to ₹1,772 billion, … read more
New Delhi — Despite rising geopolitical tensions, especially the ongoing conflict in the Middle East, gold prices in India are currently trading nearly 17% below their all-time high, reflecting mixed market sentiment. Globally, gold on COMEX settled at $4,679.70 per … read more
New Delhi — The Ministry of Civil Aviation has suspended its earlier directive requiring airlines to offer at least 60 per cent of seats on every flight free of additional charge, a rule that was scheduled to take effect from … read more
New Delhi — India’s primary market kicked off 2026 on a robust note, with initial public offerings (IPOs) raising $2.5 billion in the first quarter — a 7.8 per cent year-on-year rise and the strongest January–March performance since 2018, according … read more
New Delhi — India’s automobile industry wrapped up March 2026 on a high note, with several major carmakers reporting record-breaking sales. Strong customer demand, fresh model launches, and wider market reach played a key role in driving this growth. Kia … read more