India's High Capital Cost: Macroeconomic Root, Not Financial
India's high cost of capital stems from macroeconomic factors like low savings and reliance on foreign capital, not financial sector flaws, impacting growth and industrial behavior.
India's high cost of capital stems from macroeconomic factors like low savings and reliance on foreign capital, not financial sector flaws, impacting growth and industrial behavior.
India's Economic Survey reveals the rupee is underperforming due to geopolitical factors and a strategic power gap, causing foreign investors to hesitate despite strong macroeconomic performance.
The Economic Survey suggests reducing mandatory government stake in PSUs from 51% to 26% while maintaining effective control through special resolution rights, potentially unlocking significant monetization opportunities.
India's Economic Survey projects GDP growth of 6.8-7.2% for FY27, with potential growth rising to 7% due to reforms. Domestic resilience and macroeconomic stability support steady expansion amid global risks.
India's Free Trade Agreement with the European Union can deliver substantial economic benefits by facilitating labour mobility and integrating Indian workers into European supply chains, creating diverse opportunities.
Dixon Technologies' net profit soared 67% YoY to Rs 287 crore in Q3, though rising memory costs and demand moderation pose near-term challenges for the electronics manufacturer.
Nagpur Metro's Phase-2 construction hits 45% pier completion milestone across corridors. Officials address sand shortage challenges, shift to crushed sand, and target 2027 completion.
The India-EU free trade agreement emerges as a lifeline for leather exporters facing declining US demand, with EU accounting for 46% of India's leather exports and offering tariff elimination.
India's Economic Survey reveals a 53% decline in MGNREGS persondays as rural economy strengthens. Unemployment drops to 2.5%, with new Viksit Bharat Act modernizing rural employment guarantees.
India's Economic Survey proposes shifting towards an entrepreneurial state model to navigate uncertainty, emphasizing systematic learning, risk structuring, and protecting officials from vexatious prosecution.
India's Economic Survey 2025-26 projects 7% GDP growth for FY27, emphasizing strategic sobriety and balanced policy approaches to navigate global disruptions while strengthening domestic fundamentals.
Air India announced an order for 30 additional Boeing 737 aircraft at Wings India 2026, bringing its total Boeing orders to 250. The Tata Group-owned airline also signed agreements with Boeing and Airbus to enhance fleet capabilities and support global ex
India's commercial aircraft fleet with over 100 seats is projected to nearly triple to 2,250 by 2035 from 850 currently, as Airbus targets 120-150 annual deliveries to the country.
Unconditional cash transfers by state governments now account for nearly half of monthly rural consumption expenditure, raising fiscal sustainability concerns and impacting female labor participation.
India's business aviation market is expanding rapidly with a 200% surge in operations over five years, though infrastructure gaps and high costs pose challenges to sustained growth.
The Directorate of Revenue Intelligence arrested a Hong Kong company director in Mumbai for an Rs 83 crore duty evasion fraud involving diversion of duty-free gold into the domestic market through fraudulent exports.
NBA star Giannis Antetokounmpo and his brothers expand their real estate empire with a $21 million acquisition of Chicago's Harmony Apartments through their family firm Ante, Inc.
India's Economic Survey reveals critical gaps in skilling programs, emphasizing the need to convert training into sustainable livelihoods amid a growing workforce projected to exceed 98 crore by 2030.
India emerges as an electronics export powerhouse with mobile phone production value soaring 30-fold to Rs 5.45 lakh crore in FY25, as internet users cross 950 million, according to the Economic Survey 2025-26.
Union Civil Aviation Minister K Ram Mohan Naidu outlines India's ambitious aviation roadmap at Wings India 2026, highlighting infrastructure expansion, policy reforms, and sustainability initiatives.
Gold and silver prices hit historic peaks in India, with gold at Rs 1.8 lakh per 10 gram and silver at Rs 4 lakh per kg. This extreme volatility has forced jewellers to shift from token-based bookings to full advance payments, altering consumer preference
The Economic Survey highlights that Rs 1.7 lakh crore cash transfer schemes are squeezing state finances, though they provide immediate income relief to women for health and personal needs.
The Tambaram-Thiruvananthapuram Amrit Bharat train, launched by PM Modi, sees vacant seats as passengers prefer faster options. Railway officials cite track availability issues.
The Greater Bengaluru Authority has received six applications under its premium Floor Area Ratio scheme, anticipating revenue of Rs 200 crore from real estate projects exceeding 5,000 sqft in Bengaluru and surrounding planning areas.
Landowners in Bengaluru have voluntarily handed over their properties to the Bangalore Development Authority for the Bengaluru Business Corridor project after receiving comprehensive compensation packages.
Microsoft shares experienced their worst intraday decline since March 2020, wiping out $424 billion in market value. The drop follows concerns over AI investments and cloud growth slowdown.
The Economic Survey 2025 recommends implementing congestion tax and legalizing shared autos, e-rickshaws, minibuses, and bike taxis in Bengaluru to address traffic issues.
India's Economic Survey projects 6.8-7.2% growth for next year, highlighting resilience amid global uncertainties while warning of rupee pressure and calling for an 'all-of-society' approach.
The U.S. dollar weakened against the euro and yen as investors weighed Fed signals on prolonged rate cuts, policy volatility, and euro strength concerns at the ECB.
Patrick and Edward James, founders of bankrupt auto-parts maker First Brands Group, face federal charges for defrauding lenders through fake invoices and falsified financial statements, causing billions in losses.