Nippon Steel widens full-year net-loss forecast to $446 million Source link
New Delhi: India will continue to be the world’s fastest growing major economy with projected growth rates of 6.4% each in 2026-27 and 2027-28, the International Monetary Fund said in its latest World Economic Outlook (WEO) update. IMF has also made an upward revision to its 2025-26 growth forecast for India to 7.3% in keeping […]
India’s stock market rose today, supported by a surge in IT stocks after Infosys Ltd. raised its full-year revenue growth outlook. The Bombay Stock Exchange (BSE) in Mumbai (Reuters) At 10:20 am, the Nifty 50 rose 0.64% to 25,830.95, while the 30-share Sensex added 0.73% to 83,995.35. Fourteen of the 16 major sectors logged gains. […]
The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters) […]
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the wider technology sector. “There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP) The world’s […]
India’s GDP will grow faster than estimated earlier despite the impact of US tariffs on Indian economy—the fourth largest in the world, according to the International Monetary Fund. A vegetable market in Ahmedabad. India’s sweeping GST reforms is set to boost consumption in the face of crippling US tariffs. (Reuters) IMF now sees India’s GDP […]