BUSINESS
Strong Monsoon Expected in India, Agriculture Poised for Growth
The all-India rainfall as a whole is forecast at 106 percent of the Long Period Average (LPA) with a probable deviation of ±4 percent. The prediction offers encouragement for a bountiful agricultural season and enhanced water stocks, coupled with the call for preparedness against likely weather-related issues.
Close to the finish line on breakthrough India-US trade deal, Says Kevin Hassett
Hassett made his comments as the Trump administration indicates it is willing to lower tariffs to 10 percent or less on nations that have good trade offers.
India's FDI Inflows Surge 14% to Exceed $81 Billion in FY 2024–25
As per the ministry's release, this increase follows a steady trend of growth in FDI for the last 11 years. Since FY 2013–14, when inflows were $36.05 billion, India has seen consistent rise in investment, largely due to its investor-friendly and liberal FDI policies.
India Targets $1 Trillion in Exports by FY26, Says FIEO
This figure is likely to be led by merchandise exports valued at $525-535 billion—a growth of approximately 12 percent from last year—and services exports at $465-475 billion, with almost 20 percent growth.
BSNL Posts Consecutive Quarterly Profits for the First Time in 18 Years
In the last quarter of the previous fiscal year, BSNL had reported a loss of Rs 849 crore. The company has reduced its losses by 58 percent for the whole financial year 2024-25 to Rs 2,247 crore from Rs 5,370 crore in FY24.
India Emerges as Top Choice for Global Family Office Investments, Overtaking China
The study reveals that 28% of family offices plan to increase their investments in India over the coming year, while 18% intend to boost their exposure to China. This trend reflects India's strong macroeconomic fundamentals and solid domestic growth prospects.
Russia will not 'roll out red carpet' for McDonald’s, Says Vladimir Putin
McDonald's exited Russia in 2022 following Western sanctions as a reaction to the war between Ukraine and Russia. The company sold its Russian business to a domestic investor who had been a franchisee since 2015 and operated 25 restaurants in Siberia.
Zepto CEO Accuses Competitor's CFO of Spreading False Information to Investors
On LinkedIn, Palicha called the campaign one that entailed "calling our investors to make outrageous claims on us with no empirical data, distributing fake numbers/Excel sheets on Zepto via sources familiar with journalists, and hiring social media bots to propagate a smear campaign."
India's Fiscal Deficit to Ease by 0.15% of GDP Following RBI's ₹2.69 Lakh Crore Dividend
This is the third consecutive year in which the actual dividend has exceeded the initially budgeted figure, yielding an additional fiscal stimulus of 0.15 percent of GDP.
HSBC: Low Inflation to Strengthen India’s Purchasing Power and Fiscal Health
Though higher real purchasing power and lower input costs are the more direct impacts, the report also points to an important less-obvious upside—fiscal balance relief for the government.
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