OECD sees India growing at 6.7% in FY26, S&P at 6.5%

NEW DELHI: The Organisation for Economic Cooperation and Development (OECD) on Tuesday lifted India’s economic growth forecast by 40 basis points for 2025-26, citing monetary and fiscal policy easing and reforms linked to the Goods and Services Tax (GST).“In India, higher tariff rates will weigh on the export sector, but overall activity is anticipated to…

Read More

Rupee at all-time low! Currency slumps 45 paise to close at 88.73 against US dollar; Visa fee shock, FII outflows add pressure

The rupee depreciated 45 paise to settle at a fresh all-time low of 88.73 against the US dollar on Tuesday, weighed down by sustained foreign fund outflows and concerns over the steep hike in the US H-1B visa fee, which exporters fear will hit India’s IT services sector.Forex traders said the local currency extended losses…

Read More

IATA study finds sufficient sustainable aviation fuel feedstock exists to achieve net zero emissions by 2050

MUMBAI: A new study by the International Air Transport Association (IATA) has concluded that the airline industry has access to sufficient sustainable feedstock to achieve its net-zero emissions goal by 2050. The study, however, identifies a significant bottleneck in the slow rollout of technology needed to convert these diverse feedstocks into sustainable aviation fuel (SAF),…

Read More

WEF survey flags weak 2026 outlook: Global growth seen slowing amid disruption; US tariffs pose challenge for India

The global economy is heading into a phase of weak growth and systemic disruption, the World Economic Forum (WEF) said in its latest Chief Economists’ Outlook released on Tuesday.India, projected by the IMF to grow 6.5 per cent in 2025, continues to be the fastest-growing major economy, but its manufacturing ambitions face hurdles from the…

Read More