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Tag: India economy

All Finances

Sitharaman makes a strong pitch for India as a global manufacturing hub in Chicago

August 31, 2026August 31, 2026 - by cmedia

IBNS-CMEDIA: Indian Finance Minister Nirmala Sitharaman on Friday addressed leading investors and business leaders in Chicago, pitching India as a long-term investment and manufacturing destination. Following the meeting, Sitharaman said …

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All Finances / News

UPI Charges on high-value transactions may be around the corner

August 5, 2026August 5, 2026 - by cmedia

IBNS-CMEDIA: The Union government may soon introduce merchant charges on Unified Payments Interface (UPI) transactions above ₹2,000, according to media reports, potentially ending the zero-cost regime for merchants on high-value …

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All Finances

RBI holds repo rate, projects 6.7% growth while warning of higher inflation

August 5, 2026August 5, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) on Wednesday projected India’s real GDP growth at 6.7 per cent and retail inflation at 5 per cent for the financial year 2026-27 …

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Finance/Business / India / News

IT boom in India no longer creating jobs, Zoho founder explains

August 2, 2026August 2, 2026 - by cmedia

IBNS-CMEDIA: Zoho founder and Chief Scientist Sridhar Vembu has warned that India’s biggest challenge is creating enough jobs for its growing youth population amid an uncertain global economic environment, saying …

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All Finances

Tata Power eyes $450 million from overseas banks: What’s driving the move?

July 14, 2026July 14, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Tata Power Co. Ltd. is considering raising at least $450 million through overseas borrowings to support its growing business and capital requirements, NDTV Profit reported. According to the report, …

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All Finances

Markets reel after Trump’s Strait of Hormuz move; Sensex sheds over 500 points

July 14, 2026July 14, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Indian stock market extended its losing streak on Tuesday, with benchmark indices declining sharply amid escalating tensions in the Middle East and a surge in global crude oil …

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Finance/Business / India / News

India’s retail inflation rises to 4.38 percent

July 13, 2026July 13, 2026 - by cmedia

IBNS-CMEDIA: India’s retail inflation, measured by the Consumer Price Index (CPI), rose to 4.38 percent in June from 3.93 percent in May, driven primarily by higher food prices, according to …

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All Finances

Trump rejects Iran peace response, Rupee crashes 139 paise, oil prices soar

May 11, 2026May 11, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Indian rupee on Monday crashed 139 paise to 94.90 against the US dollar after US President Donald Trump rejected Iran’s response to a proposed peace initiative, media reports …

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All Finances / US-India

‘India is better positioned to deal with US tariffs and global trade disruptions’: Moody’s

May 21, 2025May 21, 2025 - by cmedia

#India economy# Moody’s Ratings# US Tariffs# global trade disruption# GDP growth# infrastructure investment# fiscal consolidation IBNS-CMEDIA: India is relatively shielded from the adverse impact of US tariffs and global trade …

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