India’s Manufacturing PMI Climbs to Four-Month Peak in February on Strong Domestic Demand

New Delhi:  India’s manufacturing sector strengthened in February, with the Purchasing Managers’ Index (PMI) rising to 56.9 from 55.4 in January, marking a four-month high. The improvement was driven by robust domestic demand,…

Israel–Iran Conflict May Pressure Indian Markets Amid Rising Oil Prices

Mumbai - Rising hostilities between Israel and Iran are expected to weigh on Indian equity markets in the near term, primarily due to concerns over higher energy prices, market analysts said on Sunday.

According to experts, sectors such…

Revised GDP Series Points to Larger Economy, Stronger Manufacturing: SBI Research

New Delhi: India’s newly revised GDP series indicates not only a larger economic base but also underscores the growing strength of manufacturing as a key engine of growth, even as GDP expansion moderated to 7.8 per cent in the third quarter…

Q3 GDP Growth Seen at 8.3% as GST Rate Cuts Spur Demand: Report

New Delhi: India’s gross domestic product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is expected to stay robust at 8.3 per cent, supported by demand generated from goods and services tax (GST) rate cuts, even…

India’s GDP Likely to Grow 6.8–7.2% in FY27 Amid Reforms and Trade Pacts: EY

New Delhi- India’s economy is expected to register growth between 6.8 per cent and 7.2 per cent in the financial year 2026–27, driven by ongoing economic reforms and a series of bilateral trade agreements with major global economies, according…

SpiceJet Stock Slumps 10% to 11-Year Low After Heavy Block Deals

Mumbai- Shares of SpiceJet plunged 10 per cent on Wednesday, hitting the lower circuit amid heavy block deal activity that triggered sharp selling pressure on the counter.

Around 8.4 per cent of the airline’s total equity changed hands…

India’s e-commerce market set to almost double to $300 billion by 2030: Report

Mumbai- India’s e-commerce industry, currently valued at around $120–140 billion, is expected to surge to $280–300 billion by 2030, even as online sales continue to account for just 7–8 per cent of total consumer spending,…

GIFT Nifty Touches Record $23.48 Billion Turnover, Posts Highest-Ever Single-Day Volume

Mumbai — Trading in GIFT Nifty reached an all-time high on Friday, underscoring the accelerating momentum in India’s equity derivatives segment.

The index recorded its highest-ever single-day trading volume of 457,989 contracts,…

India’s Capex Falls 23.4% in Q3 Amid Adjustment in Government Spending: ICRA

New Delhi- India’s capital expenditure declined sharply by 23.4 per cent year-on-year in the third quarter of FY2025–26, largely due to a moderation in central government spending, according to a report released on Sunday by ICRA.

Surat Emerges as Global Trade Hub with $10.55 Billion in Exports

Gandhinagar: Surat has strengthened its position as a major global trade hub, registering exports worth $10.55 billion (approximately Rs 95,710 crore) in the financial year 2024–25.

Renowned for its diamond cutting and polishing…