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Moody’s cuts India FY27 growth forecast to 6%, cites energy shocks and weaker consumption

Moody’s Ratings has lowered India’s FY27 growth forecast to 6%, down from an earlier estimate of 6.8%, citing weaker consumer demand and slower industrial performance amid rising energy and input costs linked to the West Asia conflict.For FY26, the agency expects India’s GDP growth to be 7.6%, according to official estimates, as reported by ET.The…

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Expensive phones, weaker demand: How Indian smartphone market hit a six-year low

India’s Smartphone Exports Surge to $13.4 Billion in H1 FY26 Driven by iPhone Production India’s smartphone market has stumbled into its weakest start in six years, with shipments falling 3% year-on-year in the first quarter of 2026, according to Counterpoint Research. The drop isn’t dramatic on paper—but the reasons behind it point to a deeper…

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Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth

The escalation of the Middle East conflict could push US inflation to 4.2% this year–the highest among G7 economies– while also slowing global growth, the Organisation for Economic Cooperation and Development (OECD) has said, underlining the widening economic costs of the US-Israel war with Iran, the Financial Times reported.In its interim economic outlook, the Paris-based…

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Industrial output: India’s factory growth steady at 4% in September; infra, manufacturing shine amid weaker mining output

India’s industrial production growth remained steady at 4 per cent in September 2025, supported by a stronger manufacturing performance, according to data released by the National Statistics Office (NSO) on Tuesday. The factory output, measured by the Index of Industrial Production (IIP), was higher than the 3.2 per cent growth recorded in September 2024.The NSO…

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Gold investment trend: India’s gold ETFs hit biggest-ever $10 billion AUM; weaker rupee and global uncertainty fuel demand

India’s physically backed gold exchange-traded funds (ETFs) recorded their biggest-ever monthly inflow in September, pushing total assets under management to a record $10 billion, according to World Gold Council (WGC) data cited by Reuters. The surge came as investors turned to gold amid weak stock market returns and persistent geopolitical uncertainty.Gold ETFs saw inflows of…

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