Morgan Stanley, a global financial services firm, on Wednesday modestly upgraded its forecast for the Indian economy to 6.2 per cent year-on-year for financial year 2026, up from 6.1 per cent and 6.5 per cent for FY 2027, up from 6.3 per cent.“We upgrade our growth forecasts modestly to 6.2 per cent YoY (vs. 6.1…
Banks are soon expected to be assigned their own unique national calling number. This number will also have the facility to receive incoming calls to help customers verify and confirm their credibility.According to industry executives cited by ET, discussions are on the way with both the government and the Reserve Bank of India as lenders…
NEW DELHI: Using the wet lease route to expand its international network, IndiGo will from July 1, 2025, launch thrice weekly flights between Mumbai and Manchester. And from the next day, IndiGo will start nonstops between Mumbai and Amsterdam.Both these thrice weekly routes will be launched using the wet leasedBoeing 787-9 Dreamliners (hired with operating…
Pakistan plans to secure external commercial financing totalling $4.9 billion for the fiscal year 2025-26. (AI image) Pakistan’s GDP growth has missed the government’s growth target for FY 2024-25, recording only 2.68 per cent growth against the anticipated 3.6 per cent, according to sources from Pakistan’s National Accounts Committee, as reported by ARY News on…
South Korea, the fourth largest Asian economy, saw its exports slip 2.4% year-on-year in the first 20 days of May, weighed down by weaker sales to major trade partners including the United States.The Korea Customs Service reported on Wednesday that exports from May 1 to May 20 totalled $32 billion. Though demand for semiconductors remained…
Various mango varieties, such as Alphonso, Kesar, Banganapalli and Himayat, have gained access to the US market. (AI image) The US rejecting mango consignments from India has led to exporters destroying the fruits resulting in big losses, and Indian authorities have alleged that America did not follow the standard procedure. After Indian authorities faced rejection…
NEW DELHI: Delays in regulatory clearances can lead to uncertainty and disrupt commercial timelines, finance minister Nirmala Sitharaman said on Tuesday as India negotiates trade deals with various countries, including the US.According to Sitharaman, also the corporate affairs minister, it is imperative that regulatory frameworks, while maintaining rigorous oversight, also facilitate swift and seamless approvals…
Nomura has a buy on Infosyswith the target price at Rs 1,720. Analysts said that at the meeting with the company’s CFO, it was clear that the IT major’s focus on cash flow generation will continue and it would be disciplined while going for mergers & acquisitions.The stock remains Nomura’s top pick.CLSA has an underperform…
China on Wednesday sharply rebuked the United States over its latest warnings against the use of Chinese-made artificial intelligence chips, calling Washington’s moves “unilateral bullying and protectionism” that threaten global tech supply chains.The condemnation came after the US government issued fresh guidelines cautioning firms that using Chinese high-tech semiconductors, particularly Huawei’s Ascend AI chips, could…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Chennai Petro, Jubilant Pharmova, and ONGC are the top stocks to buy today:CHENNAI PETRO: BUY NEAR ₹670 | Stop Loss: ₹570 | Target: ₹870 (3 Months)Chennai Petro has broken out of…
