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S&P Global Ratings has revised India’s GDP growth forecast upward to 7.1% for the financial year 2026–27, signalling continued economic resilience even as geopolitical tensions in West Asia pose potential risks. The updated projection, released on Wednesday, places India among the fastest-growing major economies globally, supported by steady domestic demand and improving investment activity. Key…
India’s long-running attempt to privatise IDBI Bank may be nearing an uncertain conclusion, with reports suggesting the five-year disinvestment process could end without a confirmed buyer. The planned strategic sale, led by the Government of India and Life Insurance Corporation of India, was expected to mark one of the country’s biggest banking privatisation efforts. However, delays, regulatory complexities, and…
Indian stock markets came under pressure as the benchmark BSE Sensex dropped more than 500 points, reacting to a sharp surge in global oil prices after reports of Iranian strikes targeting shipping routes in the Gulf region. The decline reflects growing investor concern about rising geopolitical tensions and the potential impact on global energy supply. Brent…
Global oil markets have entered a period of sharp volatility after Brent crude oil prices surged above $114 per barrel, the highest level since 2022, following escalating tensions linked to the ongoing Iran–Israel conflict. The sudden jump in oil prices is sending shockwaves through financial markets, raising concerns about global inflation, fuel costs, and economic stability….
State Bank of India (SBI) has reported its highest-ever third-quarter profit for FY26, reinforcing its position as India’s largest lender. The strong performance reflects steady loan growth, stable asset quality, and improved operating efficiency. The Q3 results matter for investors, depositors, and the broader banking sector. As the country’s biggest public sector bank, SBI’s performance is…
Corporate India is at an inflection point. Boards, investors and talent managers are no longer treating gender diversity as a feel-good checkbox — it’s becoming a measurable governance priority inside Environmental, Social and Governance (ESG) frameworks, and the rise of structured Diversity, Equity, Inclusion & Belonging (DEIB) programs is converting policy into real promotions, re-entry…
Rising Global Tensions and Economic Risks Push Investors Towards Gold Gold prices in India have moved higher as global uncertainties increase demand for safe-haven assets. Investors across the world are turning to gold amid concerns over geopolitical tensions, inflation pressures, and fluctuations in the US dollar. The rise in gold rates matters for Indian households,…
CBI Action Signals Major Development in Bank of Baroda Loan Fraud Case In a significant and unfolding legal development, the Central Bureau of Investigation (CBI) has registered a new criminal case against industrialist Anil Ambani and his former company Reliance Communications (RCom). The case stems from a complaint by Bank of Baroda, and authorities have carried out searches at Ambani’s residence in Mumbai and…
Indian stock markets rallied sharply on Tuesday, with the BSE Sensex jumping 480 points in strong trade. The rally was driven by positive global trade developments and solid gains in public sector undertaking (PSU) stocks. The surge reflects renewed investor confidence after weeks of cautious trading. Global cues, improving risk appetite, and buying in heavyweight stocks helped…
Gautam Adani, Chairman of the Adani Group, has undertaken a major review of power infrastructure projects in eastern India, covering investments worth more than ₹43,000 crore in Jharkhand and Bihar. The inspection signals a renewed focus on expanding reliable power supply, improving regional industrial growth, and enhancing cross-border energy cooperation. These developments matter today as India seeks to strengthen…
The Manipuri-language film Boong has won the prestigious BAFTA Award for Best Children’s & Family Film at the 2026 British Academy of Film and Television Arts awards held in London. This is a major milestone for Indian cinema and regional films, as Boong beat out well-known global contenders like Zootopia 2 and Lilo & Stitch to take home the honour. The win shines a…
Consumer Affairs Authority Flags Online Listings of Signal Jamming Devices; Platforms Asked to Respond The Central Consumer Protection Authority (CCPA) has issued notices to six e-commerce platforms, including IndiaMART and Xboom, over the alleged sale of restricted anti-drone and GPS jammers on their websites. The action comes amid growing concerns over the online availability of signal jamming devices, which are…
