The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in the coming months, assuming geopolitical tensions abate.
The deals included five growth-stage and 14 early-stage startups, while one startup chose not to disclose its funding details.
India Inc's operating profit margins are expected to increase by 10 to 40 basis points to 18.2-18.5 per cent in Q1 (April-June) of FY2026, following the sequential recovery over the past few quarters, according to a report released by rating agency ICRA on Monday.
Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.
The increase in the loan-to-value (LTV) ceiling provided in the RBI's final directions on gold loans will support the growth of non-banking financial companies (NBFCs) offering them, according to a Crisil report released on Friday.
India's foreign exchange reserves surged by $5.17 billion to $696.66 billion for the week ended June 6, data released by the RBI on Friday showed.
Following a sharp interest rate cut by the Reserve Bank of India (RBI), Finance Minister Nirmala Sitharaman will meet the heads of public sector banks on June 27 to review their financial performance and discuss key government schemes.
The India-UK Free Trade Agreement, which eliminates tariffs on 99 per cent of Indian exports to the UK and 90 per cent of UK exports to India, will unlock 25.5 billion pounds in additional trade value, according to UK Trade Commissioner for South Asia Harjinder Kang.
There has been a surge in private investments in the last 11 years, with Indian startups and emerging entities attracting significant private funding to the tune of over $150 billion in the past decade, Commerce and Industry Minister Piyush Goyal said on Thursday.
Shares of One 97 Communications, the parent company of Paytm, fell by up to 10 per cent on Thursday, hitting a low of Rs 864.20 on the Bombay Stock Exchange (BSE).
Global smartphone manufacturing output is expected to slip 1 per cent (on-year) in 2025 due to tariff impacts and a broader industry slowdown, following a 4 per cent rise in 2024, according to Counterpoint Research’s latest global smartphone manufacturing allocation tracker.
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