Economy News ( English version)

With inflation cooling, GST cuts boosting disposable incomes, and anticipated interest rate cuts likely to reduce borrowing costs, the country’s largest private lender expects loan demand to gather momentum in the second half of the financial year and beyond.

RBL Bank's deal with Emirates NBD Bank indicates a change in the thinking at India's central bank on foreign investments in local banks. Other recent deals, too, point to this shift in stance. Is this a comeback of foreign lenders in the country at a time some overseas banks are exiting?

Emirates NBD Bank plans to invest ₹26,853 crore to acquire a majority stake in RBL Bank, subject to shareholder and regulatory approvals.

The Aditya Birla Group’s cement arm reported a consolidated net profit of ₹1,238 crore for the quarter, an almost 45% drop compared to the first quarter of FY26, according to the company’s exchange filings.

Sridhar Vembu expresses concern over the US stock market, describing it as a “massive bubble.” His thoughts aligned with ex-IMF chief economist Gita Gopinath's analysis. 

This month, India's Commerce Minister Piyush Goyal is set to embark on a significant journey to Brussels, focused on revitalizing the free trade agreement discussions with the European Union. After a series of proactive dialogues and deeper collaboration between India and the EU, both parties are hopeful of sealing the deal by December.

Commerce and Industry Minister Piyush Goyal expressed confidence in India's export growth for 2025-26, despite global uncertainties from US tariffs. He noted positive growth in goods and services exports during April-September, highlighting the resilience and global demand for Indian products. Goyal also discussed the positive impact of GST rate cuts on […]

India's Commerce Minister Piyush Goyal stated that trade talks with the US are progressing cordially, with New Delhi prioritizing the protection of its farmers, fishermen, and MSME sectors. Both nations aim to conclude the first phase of a bilateral trade agreement by fall 2025, with a goal to more than double bilateral trade to $500 billion by 2030. […]