If necessary, the government can impose higher duties or selective restrictions to curb such imports. India’s merchandise trade deficit widened to $28.4 billion in April, from $20.7 billion in March, adding to balance of payments concerns amid portfolio outflows and…
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Zaggle Prepaid Ocean Services Limited has appointed Venkatesh Ramachandran as its group chief financial officer. This appointment is effective May 18, 2026. Ramachandran brings over 27 years of finance leadership experience. He is expected to support the company’s growth, acquisitions,…
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According to the 2026 CFO Survey released by Consero, AI adoption across finance departments at venture capital- and private equity-backed companies has risen to 97%, up from 76% in 2025, with more than two-fifths of finance leaders saying AI is…
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Together, Citigroup, HSBC and Standard Chartered account for nearly 48,000 planned or announced job cuts, highlighting the scale at which AI is beginning to reshape employment structures in global banking.
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OECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward pressure on growth and upward pressure on inflation. The organization will revise its economic forecasts next month, acknowledging the immediate challenges…
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Rating agency ICRA has revised India’s FY27 GDP growth forecast down to 6.2% from 6.5% due to elevated crude oil prices stemming from the West Asia crisis. For FY26, growth is estimated at 7.5%. Q4 FY26 GDP growth is expected…
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