India resilient despite oil shock: IMF

IANS | July 9, 2026 10:31 AM

Washington, July 9 (IANS) India's economy remains resilient despite the headwinds of higher global oil prices triggered by the Middle East conflict, the International Monetary Fund (IMF) said as it marginally lowered the country's 2026 growth forecast to 6.4 per cent while projecting stronger expansion next year as the energy shock eases.

PM Modi understands business, long-term investing: AustralianSuper CEO

IANS | July 9, 2026 10:15 AM

Melbourne, July 9 (IANS) Prime Minister Narendra Modi's long-term vision for India's economic growth and his understanding of business and investing have reinforced investor confidence in the country, AustralianSuper Chief Executive Officer (CEO) Paul Schroder said on Thursday.

India, EU step up push for WTO reforms

IANS | July 9, 2026 9:59 AM

Washington, July 9 (IANS) India and the European Union plan to intensify cooperation on reforming the World Trade Organization (WTO), with both sides saying their newly concluded free trade agreement has created a stronger platform to jointly pursue changes to the global trading body amid growing uncertainty in international commerce.

India targets global FTA network after landmark EU deal

IANS | July 9, 2026 9:12 AM

Washington, July 9 (IANS) Fresh from concluding its landmark free trade agreement with the European Union, India is pursuing an ambitious strategy to expand its network of trade agreements across North America, Latin America, Africa and the Gulf, with negotiations already underway or planned with several major economies, the country's chief trade negotiator has said.

PM Modi welcomes AustralianSuper's $500 million investment in India

IANS | July 9, 2026 9:09 AM

New Delhi, July 9 (IANS) Prime Minister Narendra Modi on Thursday welcomed AustralianSuper's additional $500 million (Australian dollars) investment in India's National Investment and Infrastructure Fund (NIIF), saying the move reflected global confidence in India's growth story, as Australia's largest pension fund took its total holdings in India across all asset classes to 3.3 billion Australian dollars.

India’s scale and Australian expertise make for win-win proposition: PM Modi (Lead)

IANS | July 9, 2026 8:35 AM

Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday pitched India as a long-term investment destination for Australian businesses, saying the country's scale and Australia's expertise make for a 'win-win proposition', while urging faster conclusion of the proposed Comprehensive Economic Cooperation Agreement (CECA) to deepen bilateral economic ties.