Business News: Economy & Markets

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

IANS | August 28, 2025 12:19 PM

New Delhi, Aug 28 (IANS) The starting point of India's macro balance sheet is positively positioned, underpinned by a robust macro-stability framework (fiscal consolidation and flexible inflation targeting framework), productivity enhancing policy reforms, and favourable structural factors such as demographics, that lend support to the growth trajectory, a Morgan Stanley report said on Thursday.

Indigo shares decline over 4 pc on promoter offloading stake

IANS | August 28, 2025 12:12 PM

Mumbai, Aug 28 (IANS) The shares of InterGlobe Aviation, the parent company of IndiGo Airlines, tanked over 4 per cent in the early trading on Thursday on news of promoter Rakesh Gangwal's family selling stocks worth Rs 7,085 crore through a block deal.

India offers $1 trillion maritime investment opportunity for global players: Union Minister

IANS | August 28, 2025 12:02 PM

New Delhi, Aug 28 (IANS) Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Thursday urged global investors to view India as a hub for investment and innovation, highlighting the government’s $1 trillion maritime investment roadmap.

India-Japan ties: 170 MoUs signed in 2 years with over $13 billion in committed investments

IANS | August 28, 2025 11:23 AM

New Delhi, Aug 28 (IANS) As Prime Minister Narendra Modi's two-day Japan visit is set to begin, both nations have accelerated trade and economic ties, with over 170 MoUs signed in two years representing more than $13 billion in committed investments.

Over 56 cr Jan Dhan accounts opened in last 11 years; total deposit balance Rs. 2.68 lakh cr

IANS | August 28, 2025 11:06 AM

New Delhi, Aug 28 (IANS) More than 56 crore bank accounts have been opened under the flagship financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), in the last 11 years, with total deposits amounting to Rs 2.68 lakh crore, the government said on Thursday.

GST reforms may offset tariff impact, India remains fastest-growing economy: Fitch Solutions' BMI

IANS | August 28, 2025 10:47 AM

New Delhi, Aug 28 (IANS) The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.

US tariff's lead to slash in seafood production by 50 pc in TN

IANS | August 28, 2025 10:12 AM

Chennai, Aug 28 (IANS) The seafood export sector in Tamil Nadu is reeling under pressure after the US imposed steep tariffs on Indian marine imports from August 27, forcing several companies to cut production by almost half.

Govt extends import duty exemption on cotton till Dec 31

IANS | August 28, 2025 9:55 AM

New Delhi, Aug 28 (IANS) The government on Thursday said it has temporarily exempted the import duty on cotton till December 31, 2025.

Adani Portfolio EBITDA crosses Rs 90,000 crore for 1st time, Q1 EBITDA at record high

IANS | August 28, 2025 9:51 AM

Ahmedabad, Aug 28 (IANS) The Adani Portfolio EBITDA reached Rs 90,572 crore on a trailing 12-month basis for the first time -- up 10 per cent year-on-year -- with Q1 FY26 EBITDA also reaching a record high at Rs 23,793 crore, the Adani Group said on Thursday.

Sensex, Nifty open sharply lower amid tariffs concerns, IT stocks lead losses

IANS | August 28, 2025 9:48 AM

Mumbai, Aug 28 (IANS ) After remaining shut for a day on account of Ganesh Chaturthi, the domestic benchmark indices opened in the red on Thursday after the US imposed 50 per cent tariffs on Indian goods.

business

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

Indigo shares decline over 4 pc on promoter offloading stake

India offers $1 trillion maritime investment opportunity for global players: Union Minister

India-Japan ties: 170 MoUs signed in 2 years with over $13 billion in committed investments

Over 56 cr Jan Dhan accounts opened in last 11 years; total deposit balance Rs. 2.68 lakh cr

GST reforms may offset tariff impact, India remains fastest-growing economy: Fitch Solutions' BMI

US tariff's lead to slash in seafood production by 50 pc in TN

Govt extends import duty exemption on cotton till Dec 31

Adani Portfolio EBITDA crosses Rs 90,000 crore for 1st time, Q1 EBITDA at record high

Sensex, Nifty open sharply lower amid tariffs concerns, IT stocks lead losses

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