IMF Cuts India Growth Forecast to 6.4% for 2027
IMF lowered India's FY2027 growth forecast to 6.4% from 6.5%, citing varied impacts of geopolitical tensions and technology value chain positions.
IMF lowered India's FY2027 growth forecast to 6.4% from 6.5%, citing varied impacts of geopolitical tensions and technology value chain positions.
India's advanced chemistry cell battery demand is projected to reach 236 GWh by 2032, says Union Minister H D Kumaraswamy, highlighting the opportunity in building a globally competitive battery ecosystem.
India remains among the fastest-growing major economies with FY27 GDP projected at 6.4%, driven by strong private consumption and services activity, according to the IMF's July 2026 WEO Update.
Chandigarh remained dry on Wednesday despite an orange alert. IMD now forecasts heavy to very heavy rain on Thursday, with a yellow alert from Friday to Sunday.
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RecommendedHFCL Limited has launched OptiQ AI, a unified optical connectivity brand targeting AI, cloud and hyperscale data centres to meet high-bandwidth needs.
Blue Origin is raising $10 billion at a $130 billion valuation in its first external funding round, as investor interest in private aerospace surges amid competition with SpaceX.
Ford Business Solutions has opened a new centre in Coimbatore, marking its return after six years. The office will support global operations and create jobs.
Investors lost Rs 8.96 lakh crore as Indian markets plunged on geopolitical tensions over a potential Iran war. All Sensex firms ended in the red.
Oil marketing companies, paint makers, and aviation stocks tumbled after crude oil prices jumped sharply, reigniting inflation fears and impacting India's macroeconomic outlook, according to Ajit Mishra of Religare Broking.
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RecommendedGold prices dropped Rs 800 to Rs 1,48,450 per 10 grams on July 8, 2026, driven by surging crude oil and weak global cues, according to PTI.
Economist Surjit Bhalla says a comprehensive India-US trade agreement is vital for India's growth and warns that continued delays will benefit China.
SBS HR released an internal payroll cost benchmark showing Indian SMEs can save up to 40% on payroll admin costs by outsourcing, based on anonymized client data across sectors.
Speciality Restaurants Limited opens Gong in Bandra, a premium Pan Asian dining destination with progressive cuisine, immersive design, and strategic growth vision.
A civic campaign in Pathankot has installed 25 portable public toilets in market areas, with the latest unit handed over at Gurjeet Market, maintained by a local trader.
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RecommendedA PwC India-Dvara Research survey reveals 37% of households in East India never sought financial advice, while South India leads digital adoption at over 70%.
Punjab partners with NLDSL to implement ULIP, integrating 46 systems across 12 ministries to enhance supply chain efficiency and support exporters.
Fybros has launched a new Smart Galerie in Indore, expanding its retail footprint with an immersive experience centre showcasing innovative electrical solutions.
Policymakers at a FICCI-CRF seminar stressed the need for catalyzing private investment through reforms and Centre-State coordination to achieve Viksit Bharat 2047.
PCET's Pimpri Chinchwad University announces scholarships up to 80% tuition fee waiver for meritorious students for 2026-27, covering various categories including female students and defence personnel children.
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RecommendedCBI arrests accounts officer Jugal Kishore and clerk Amit Kumar for Rs 50.05 crore misappropriation from Haryana Labour Welfare Board's IDFC First Bank account, part of a larger Rs 657 crore scam.
Economist Surjit Bhalla calls for repealing the 2013 Food Security Act, arguing it perpetuates inefficient welfare policies and should be replaced with targeted cash transfers.
Surjit Bhalla dismisses GDP manipulation claims as baseless, says India's market size is overrated and comparable to California's economy alone.
RBI reiterates support for cryptocurrency prohibition as India's tax department warns of USD 2.1 billion in unmonitored digital assets held by 39 million traders on offshore exchanges.
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RecommendedApple has partnered with Broadcom in a $30 billion deal to produce 15 billion US-made chips, boosting domestic manufacturing and creating hundreds of American jobs.
VenueInDelhi completes 10 years, crossing 10,000 wedding bookings across Delhi NCR. The platform lists over 1,400 venues and plans to expand to 10 new cities in 2026.
ArcisAI launches Eco Series CCTV cameras in India with BIS-ER and STQC certified hardware and an independently STQC certified VMS, offering end-to-end quality assurance for surveillance.
ATLAS SkillTech University held its Convocation 2026 on July 4 at Jio World Convention Centre, Mumbai, celebrating 1,918 graduates from design, management, and technology schools. Chief Guest Ronnie Screwvala urged graduates to be problem spotters.
Union Minister Shivraj Singh Chouhan launched PRAGATI to create 20,000 agri-entrepreneurs, targeting 30% income rise for 20 lakh smallholder farmers via climate-resilient practices.
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RecommendedOver 400 entrepreneurs and leaders from 36 EO chapters gathered in New Delhi for the South Asia Leadership Summit 2026-27, focusing on leadership development and community building.