The fund raised its growth forecast for India to 7%, one of the biggest upgrades among major economies. The irony is that it comes in a year when Indian shares have fallen... Read more »
The Reliance-backed Jio Financial’s lending business more than doubled in a year. Investors are being asked to judge a company in transition. Read the headline and Jio Financial Services Ltd. had a... Read more »
Merchandise exports rose 23% in September, the kind of growth India hasn’t seen in years. A cheaper currency, strong electronics shipments and lower gold imports helped. But oil still keeps the trade... Read more »
The Sensex added more than 1,500 points as crude prices eased and IT shares extended their rally. Some days the market needs a big reason to rally. On Thursday, it needed only... Read more »
Gold has fallen about 23% from its early-2026 peak. Lenders that grew rapidly as prices soared now hold loans backed by jewellery worth much less, and the loans made at the top... Read more »
The Cabinet has approved the sale of a controlling stake to Prem Watsa’s Fairfax for ₹52,878 crore. It is the largest foreign investment in an Indian bank and the closest thing India... Read more »
The state-run engineer doubled its quarterly profit and beat forecasts by a wide margin. The stock hit a record. For most of the past decade, Bharat Heavy Electricals Ltd. had a problem... Read more »
India’s payments body has delayed charging merchants on larger UPI transactions until after Diwali. The pause protects the festive season, but it settles the bigger question: the era of entirely free UPI... Read more »
New curbs on currency speculation and direct dollar supply to oil companies gave the rupee its best rally in six months. But record foreign outflows and oil above $100 mean the pressure ... Read more »
Consumer prices rose 5.54% in September, faster than economists expected, as food inflation jumped. The numbers make a second rate increase in December more likely and put pressure on household budgets ahead... Read more »