Latest News, Updates & Breaking Headlines
India’s automobile industry is set to make a strong debut into 2026, after a record year, with industry volumes expected to rise by around 6–8%. This growth is attributed to policy support such as GST rationalisation, easier monetary conditions and income tax relief, which are expected to improve affordability and keep consumption resilient across vehicle…
Left- AI generated reperesentative image; Right- Ruchir Sharma (File photo) The global economy has entered a phase where artificial intelligence has become the dominant force shaping growth, markets and policy, with the US now the most exposed to both its promise and its risks, according to economist and investor Ruchir Sharma.“This big factor has out-Trumped…
After years of predictions that global oil demand was about to reach its peak due to a rapid move towards renewable energy, 2025 saw a clear reversal of that narrative, with oil and gas regaining importance and India emerging as a key engine of global consumption.Major energy outlooks from BP, McKinsey and the International Energy…
Let’s start with bhringraj oil, the old favourite that refuses to go out of style. If you’ve ever spoken to someone who swears by Ayurvedic hair care, bhringraj usually comes up first. It’s often called the king of hair oils, and for good reason. For centuries, it’s been used to control hair fall and support…
PM Modi on Thursday reiterated India’s economic story, saying that growth stood at over 8%, even amid ongoing challenges. Speaking at the India-Oman Business Summit in Muscat, the PM said, “A few days ago, the economic growth figures were released, and India’s growth stood at over 8%. This means India has continued to remain the…
New Delhi: The International Monetary Fund (IMF) is likely to raise India’s GDP growth forecast for the current fiscal year closer to 7%, former IMF deputy managing director Gita Gopinath said on Wednesday.“This Oct, IMF revised up India’s growth for 2025 to 6.6%. But that came in before the second quarter growth numbers came out….
Indian employees can expect a moderate but steady rise in pay packets in 2026, as companies recalibrate compensation strategies to balance cost pressures, talent retention and productivity in a rapidly evolving workplace, PTI reported citing a survey.Average salaries in India are projected to rise by 9 per cent in 2026, with organisations placing sharper emphasis…
TL;DR: Driving the newsChina’s economic engine sputtered hard in November, with retail sales rising just 1.3% – the weakest since December 2022, when “zero-Covid” ended – and industrial production slowing to 4.8%, a 15-month low.Meanwhile, fixed-asset investment dropped 2.6%, the worst performance in decades, and property investment plunged nearly 16%. Even the usually robust auto…
MUMBAI: Mumbai: Axis Bank expects India’s economy to grow 7.5% in real terms in FY27 and is not unduly worried about recent weakness in the rupee, arguing that macro headwinds are easing and could turn into tailwinds next year.Presenting the bank’s outlook for 2026, Neelkanth Mishra, chief economist at Axis Bank, said India would remain…
Based on the HSBC Flash India Composite Output Index, the private sector saw robust business activity. (AI image) Business activity in India moderated in December, with the HSBC PMI Composite Index that measures India’s manufacturing and service sectors’ combined output, came in at 58.9, dropping from November’s 59.7. Despite this reduction, the index remained significantly…
