ICICI Bank has lowered India’s GDP growth forecast for fiscal year 2027. The new projection stands at 6.8 to 6.9 percent, down from the earlier 7.2 percent estimate. This adjustment reflects disruptions in energy supply and manufacturing momentum. Global oil…
Read More
The Supreme Court has not halted Adani Group’s bid for Jaiprakash Associates Ltd. The NCLAT’s decision stands. However, JAL’s monitoring committee cannot make major policy decisions without NCLAT approval. Vedanta and Adani Enterprises will present their arguments before the NCLAT…
Read More
Citrini Research found that while most markparticipants rely heavily on Automatic Identification System (AIS) data-he maritime tracking system fora vessel’s position-may present an incomplete picture. This implies that the models used for forecasting global energy supply and macroeconomic trends may…
Read More
Small companies with government contracts are urging the Centre to invoke force majeure due to overseas raw material supply disruptions caused by the Gulf war. Citing similarities to the Covid-19 period, they seek relief from penalties and timeline extensions. The…
Read More
Tata Sons’ new ventures face a projected Rs 29,000 crore loss in FY26, a sharp increase from earlier forecasts. Air India and Tata Digital are major contributors to these mounting losses. Chairman Natarajan Chandrasekaran is expected to present a turnaround…
Read More
Oil prices surged as President Trump issued a stern warning to Iran regarding the Strait of Hormuz, threatening severe consequences if it remains closed. Disruptions from Iran and Russia, coupled with OPEC+’s limited production increase, are fueling supply concerns and…
Read More