Goldman Sachs forecasts a slowdown in India’s economic growth due to recent U.S. tariffs, expecting deeper interest rate cuts from the central bank. Growth is anticipated to drop by 20-40 basis points, while inflation remains close to the RBI target.…
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India’s foreign exchange reserves surged by $6.6 billion to a five-month high of $665.4 billion for the week ended on March 28, 2025, data released by the Reserve Bank of Indian on Friday showed.
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The NCLAT upheld the liquidation order of Go First by dismissing petitions from Busy Bee Airways and others. Busy Bee Airways had proposed acquiring Go First to save its operations. The trade union Bhartiya Kamgar Sena highlighted the potential job…
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Larsen & Toubro’s subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant’s successful commissioning of its first green…
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Exporters have urged the Indian government to expedite negotiations on the Bilateral Trade Agreement with the US due to reciprocal tariffs impacting orders. They are concerned about absorbing a 26% tariff and the potential surge of dumped Chinese goods. The…
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This past week witnessed severe turmoil in the global economy, driven by escalating trade tensions between the U.S. and China. Significant losses in U.S. stock markets, the highest tariffs in over a century, and rising recession fears characterized this pivotal…
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