The growth projections by S&P align with the Reserve Bank of India’s recent forecast of 6.5 per cent made earlier this month. (AI image) Indian economy on strong footing: S&P Global Ratings has revised India’s GDP growth projection upwards for the ongoing fiscal year to 6.5%, considering factors such as anticipated normal monsoon, reduced crude…
India’s batting coach Sitanshu Kotak (Pic credit: Sahil Malhotra/TimesofIndia.com) TimesofIndia.com in Leeds: India may have ended Day Two of the first Test at Headingley with the upper hand, but England’s spirited resistance, led by Ollie Pope’s unbeaten hundred, ensured that the contest remained finely poised.Scorecard: India vs England 1st Test Day 2At stumps, England were…
Power Generation In India: ऊर्जा के क्षेत्र में आत्मनिर्भरता की ओर बढ़ते भारत पिछले पांच साल के दौरान बिजली प्रोडक्शन के मामले में दुनिया का तीसरा देश बन गया है. इस मामले में अमेरिका और चीन के बाद भारत ने अपनी जगह बनाई है. इस बात की तस्दीक अंतरराष्ट्रीय ऊर्जा एजेंसी यानी आईईए की रिपोर्ट…
India’s real GDP growth is expected to exceed 6.5% in FY2025–26, while real Gross Value Added (GVA) growth is likely to surpass 6.3%, according to a new outlook released by rating agency Icra on Tuesday.In its report, the agency cited rural demand, income tax relief, and lower EMIs as key factors that would support economic…
Despite a heatwave sweeping across northern and eastern India, room air-conditioner (RAC) industry is heading into the second half of 2025 with low expectations. Although June saw a spike in sales due to the heat, patchy weather and unexpected rains in many areas have led major AC makers to cut their growth forecast to just…
India’s artificial intelligence (AI) industry is poised for a threefold expansion by 2027, reaching $17 billion, as enterprises shift from pilots to scalable deployments, according to a new report by Boston Consulting Group (BCG).The report noted that AI has evolved into a core business imperative in India, accelerating decision-making, driving innovation, and expanding market access…
Global growth will slow sharply this year as trade disruptions triggered by sweeping US tariffs increase uncertainty and fragment markets, the World Bank warned in its latest economic outlook released Tuesday.The multilateral lender cut its 2025 global GDP growth forecast to 2.3%, down from the 2.7% estimated in January, citing a weakening trade environment and…
India’s life insurance sector kicked off the financial year 2025-26 on a strong note, with a 10.8% jump in new business premium collections during the April-May period, according to data released by the Life Insurance Council on Monday. New business premiums climbed to Rs 52,427 crore in the first two months of the fiscal, up…
After three years of double-digit growth, India’s hospitality sector is expected to settle into a steadier pace, with revenue projected to rise by 6-8% in FY2026, a report by the Investment Information and Credit Rating Agency (ICRA) said. The agency has also revised its outlook for the sector from ‘Positive’ to ‘Stable.’Pan-India occupancy in premium…
The two-wheeler industry in India is set to undergo a massive selling surge, surpassing pre-Covid-19 levels, driven by RBI’s rate cut, strong domestic demand and significant recovery in exports. According to a report by CareEdge Ratings, the sector is expected to register a healthy volume growth of 8–9% in FY26. This follows three years of…