Economy Archives - Page 12 of 339

Economy

June 12, 2026 10:02 PM

EU-India FTA has created free trade zone of 2 billion people: Ireland’s Consul General

Ireland is "really, really positive" on the European Union-India free trade agreement, which is very much going to support and propel the two-way trade between the two sides, its Consul General in Mumbai, Patrick Duffy, said. "Essentially, we have a...

June 12, 2026 5:47 PM

How trade and investment have become a key pillar of India-France ties

As Prime Minister Narendra Modi visits France on June 13-14, economic cooperation is expected to feature prominently in discussions between New Delhi and Paris. Over the past decade, trade, investment, technology partnerships and financial cooperatio...

June 12, 2026 4:57 PM

Sensex jumps nearly 1,700 points on hopes of US-Iran peace deal

Indian equity benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a potential peace agreement between the United States and Iran. The ...

June 12, 2026 4:55 PM

India’s retail inflation rises to 3.93% in May: Government data

Retail inflation based on the Consumer Price Index (CPI) rose to 3.93 per cent in May 2026, up from 3.48 per cent in April, according to provisional data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday. The ...

June 12, 2026 1:16 PM

OPEC again lowers 2026 global oil demand growth forecast

OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, the producer group said in its monthly report, marking the second straight downward revision. The group continues to see a smaller impact on con...

June 12, 2026 10:25 AM

Sensex, Nifty gain over 1 per cent on lower crude prices and global optimism

Indian equity markets rose in morning session on Friday, following positive global market cues amid a fall in oil prices and reports that US President Donald Trump had cancelled plans to strike Iran, citing progress in talks. Sensex surged as much a...

June 12, 2026 10:25 AM

World Bank cuts global growth forecast to 2.5%; India remains fastest-growing major economy

India remained the world's fastest-growing large economy, the World Bank said on Thursday, projecting GDP growth of 6.6% in 2026 following a 7% expansion in 2025. Growth rates in India were expected to remain fairly high for the next two dec...

June 12, 2026 9:38 AM

Musk’s SpaceX prices record $75 billion IPO at $135 a share

SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. The IPO raised a record $75 billion on the sale of 555.5...

June 12, 2026 9:30 AM

Global stocks extend rally on Gulf breakthrough hopes, oil near two-month lows

Asian stocks joined a global rally on Friday on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil prices fell to two-month lows, tempering inflation fears. All eyes are on the hotly-awaited mark...

June 11, 2026 7:59 PM

India’s textile industry poised to achieve $350 billion target by 2030: Giriraj Singh

India’s textile industry has expanded to nearly $190 billion in 2025-26 and is poised to achieve the target of $350 billion by 2030, Textiles Minister Giriraj Singh said on Thursday. The domestic textile market has grown from about Rs 6 lakh crore...

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