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    Israel-Iran tensions could widen India's CAD by 0.3% of GDP
Business

Israel-Iran tensions could widen India's CAD by 0.3% of GDP

If the heightened tension in West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by nearly USD 13-14 billion during the year, enlarging India's CAD by 0.3 per cent of GDP, noted a recent report by ICRA.


      India’s current account balance turns surplus in 4QFY25

India’s current account balance turns surplus in 4QFY25

India Ratings and Research (Ind-Ra) expects the country's current account balance (CAB) to have registered a surplus of around USD7 billion (0.7 per cent of GDP) in the fourth quarter of recently concluded financial year 2024-25, higher than USD 4.6 billion (0.5 per cent of GDP) in the corresponding quarter of 2023-24.

      Private banks increased market share in total deposits while PSBs

Private banks increased market share in total deposits while PSBs

Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.

      India's real estate shines amidst slowdown in APAC markets: CBRE

India's real estate shines amidst slowdown in APAC markets: CBRE

India's resilience and sustained positive trajectory across key real estate segments, particularly the office sector, at a time when several markets in Greater China and Australia are experiencing a softening in sentiment and more subdued leasing activity, revealed the Asia-Pacific Market Sentiment Survey by CBRE.

      Adani commissions India’s first off-grid green hydrogen plant

Adani commissions India’s first off-grid green hydrogen plant

The plant is 100 per cent green-powered by solar energy and integrated with a Battery Energy Storage System (BESS), enabling it to operate completely off-grid, as per a company statement. This represents a new paradigm in decentralised, renewable-powered hydrogen production.

      Despite geopolitical conflict, prolonged oil supply disruption is

Despite geopolitical conflict, prolonged oil supply disruption is

There won't be a prolonged disruption to oil supplies, as there is no likelihood of escalation in the US-Iran conflict, noted a research report by UBS.

      Indian companies report record growth in export orders

Indian companies report record growth in export orders

The HSBC Flash India Composite Output Index, which tracks month-on-month changes in combined output from manufacturing and services, rose to 61.0 in June from 59.3 in May - the highest in 14 months and well above the long-term average.

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    Weak demand puts FY26 two-wheeler growth forecast at risk
Business

Weak demand puts FY26 two-wheeler growth forecast at risk

India's automobile industry has had a slow start to FY26, with demand across key segments such as two-wheelers (2Ws) and passenger vehicles (PVs) remaining weak during the first two months of the fiscal year.


    Indian banks to maintain steady performance in FY26
Business

Indian banks to maintain steady performance in FY26

Indian banks are expected to maintain steady performance across most credit metrics in the financial year 2025-26 (FY26), though earnings may come under pressure, according to a recent report by Fitch Ratings.


    Domestic defence manufacturing reduced dependency on India's global imports from 11% to 4% over past 14 years: Report
Business

Domestic defence manufacturing reduced dependency on India's global imports from 11% to 4% over past 14 years: Report

India has significantly reduced its dependence on defense imports over the last 14 years, marking a major shift in the country's defense strategy and policy.


    Israel-Iran conflict: Etihad faces flight delays, cancellations
Business

Israel-Iran conflict: Etihad faces flight delays, cancellations

UAE's national carrier, Etihad Airways, is witnessing issues of flight delays and cancellations, due to ongoing regional instability and multiple airspace closures, as reported by Gulf News.


    Oman to introduce first income tax for high earners from Jan 2028
Business

Oman to introduce first income tax for high earners from Jan 2028

According to a report by Gulf News, high earners in the country will have to pay a personal income tax of 5 per cent effective 1st January 2028, as the Sultanate advances fiscal reforms under Vision 2040.


    South Korea’s economy to face major headwinds from Trump’s attack
Business

South Korea’s economy to face major headwinds from Trump’s attack

South Korean economy is bracing for the aftereffects of US attacks on three of Iran's core nuclear sites: Fordow, Natanz and Isfahan, according to reports by the Korea Herald.


    Taiwan cleanroom companies see boom in orders
Business

Taiwan cleanroom companies see boom in orders

Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Asia.


    Nifty down 177 pts, Sensex lost 700 pts in opening amid US-Iran
Business

Nifty down 177 pts, Sensex lost 700 pts in opening amid US-Iran

Indian stock markets opened on a weak note on Monday, reacting sharply to rising geopolitical tensions after the US-Iran conflict escalated over the weekend. Both benchmark indices faced strong selling pressure in the early trading session.


    Top 5 states to contribute half of capex in FY26
Business

Top 5 states to contribute half of capex in FY26

Over five states in the country are expected to contribute nearly half of the total capital outlay (capex) in the financial year 2025-26 (FY26), according to a report by Bank of Baroda.


    AI boosts insurance claim accuracy by 14 times, helps customers
Business

AI boosts insurance claim accuracy by 14 times, helps customers

Artificial Intelligence (AI) is transforming the insurance sector, helping companies work faster and more accurately, according to a new research report by Policybazaar.


    After widebody aircraft, Air India now reduces narrowbody flights
Business

After widebody aircraft, Air India now reduces narrowbody flights

Despite these temporary reductions, Air India said it will continue to operate close to 600 daily flights with its narrowbody aircraft on 120 domestic and short-haul international routes.


    Russian firms see India as base for setting up IT teams: Vaishnaw
Business

Russian firms see India as base for setting up IT teams: Vaishnaw

"A lot of Russian companies are now looking at India as a base for setting up IT teams. For example, Sberbank. They are setting up a base in Bengaluru. So a lot of opportunities are there for collaborating," the Union Minister for Railways, Communications, Electronics and Information Technology told TASS in an interview on the sidelines of the St. Petersburg International Economic Forum (SPIEF).


    Air India flights avoid Persian Gulf airspace amidst conflict
Business

Air India flights avoid Persian Gulf airspace amidst conflict

Air India on Sunday said that all its flights are currently avoiding certain airspaces over the Persian Gulf, amidst escalating tensions between Israel and Iran.


    EPFO adds 19.14 lakh net members in April 2025
Business

EPFO adds 19.14 lakh net members in April 2025

The figure depicts a significant increase of 31.31 per cent over March 2025.

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Weak demand puts FY26 two-wheeler growth forecast at risk

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Indian banks to maintain steady performance in FY26

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Domestic defence manufacturing reduced dependency on India's global imports from 11% to 4% over past 14 years: Report

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Israel-Iran conflict: Etihad faces flight delays, cancellations

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Oman to introduce first income tax for high earners from Jan 2028

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