Saturday, July 26, 2025

Creating liberating content

Union minister Piyush Goyal (left) and Britain’s secretary of state

Related News

Union minister Piyush Goyal (left) and Britain’s secretary of state for business and trade, Jonathan Reynolds, shake hands after they signed the free trade agreement. (Picture credit: AP) India has

Sanjiv Puri (left), ITC (TOI) Leading FMCG conglomerate ITC Ltd. plans to invest Rs 20,000 crore across its business verticals over the medium term, spanning the next five to six

NEW DELHI: Union commerce and industry minister Piyush Goyal on Saturday hailed the newly signed free trade agreement with the United Kingdom and said that the deal was signed on

Edelweiss mutual fund CEO Radhika Gupta emphasized the importance of adopting a more well-rounded approach to personal finances, one that extends beyond the conventional emphasis on saving and long-term investing.“My

While treatment costs in India are low, so are the medical insurance premiums. (AI image) New Delhi: Low medical insurance premiums, affordable treatment costs and high quality healthcare facilities at

For decades, scientists believed the universe would expand forever, driven endlessly outward by a mysterious force known as dark energy. But a new study has upended that view with a

Trending News

NEW DELHI: Union commerce and industry minister Piyush Goyal on Saturday hailed the newly signed free trade agreement with the United Kingdom and said that the deal was signed on

While treatment costs in India are low, so are the medical insurance premiums. (AI image) New Delhi: Low medical insurance premiums, affordable treatment costs and high quality healthcare facilities at

MUMBAI: There is no proposal to allow corporates – either directly or through NBFCs – to obtain banking licences, RBI governor Sanjay Malhotra said on Friday, citing “an inherent conflict

MUMBAI: SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, compared with Rs. 594 crore a year earlier, as higher impairment losses

This is a representative AI image (Pic credit: Lexica) NEW DELHI: Scotch and British gin makers may have been successful in gaining lower duty access to the Indian market, but

BENGALURU: Bengaluru-based Yali Capital closed its debut deep tech-focused fund at Rs 893 crore, exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category

India to outpace global peers as growth slows worldwide: Kotak Report

Word Count: 701 | Estimated Reading Time: 4 minutes


India to outpace global peers as growth slows worldwide: Kotak Report

Global economic growth is set to slow in the coming months, with major economies such as the United States and China projected to experience notable deceleration. However, India is expected to outpace global peers amid this global downturn, according to a recent report by Kotak Alternate Asset Managers.The report forecasts a 90 basis point slowdown in the US economy and a 60 basis point decline for China, while highlighting that India is expected to maintain its position as the fastest-growing major economy.A key factor supporting India’s economic resilience is its strong manufacturing performance, with the Purchasing Managers’ Index (PMI) figures continuing to indicate positive momentum—setting India apart from many global counterparts.Despite mixed signals from high-frequency indicators, India’s overall macroeconomic outlook remains robust. Although credit growth and government expenditure have shown some moderation, the report points to other encouraging trends that continue to support economic activity.Among them is a favourable monsoon forecast, which is expected to lift rural demand and improve the inflation outlook, providing a timely boost to the agricultural sector.Indian equity markets have also displayed significant resilience, despite softer-than-expected Q4 FY25 earnings and rising geopolitical tensions with Pakistan. The report notes that markets have rebounded sharply from recent lows.Investor sentiment remains buoyant, with Domestic Institutional Investors (DIIs) continuing as net buyers and Foreign Portfolio Investors (FPIs) returning to net buying positions for the second consecutive month. A declining risk premium on Indian assets has contributed to expanding equity valuations.Still, the report cautions that volatility may persist in the near term due to ongoing geopolitical uncertainties.The Indian rupee (INR) has also gained strength against the US dollar, backed by a combination of factors such as a weaker dollar, renewed FPI inflows, and falling oil prices—all of which have improved India’s trade balance.However, the upside in the rupee has been partly capped by the Reserve Bank of India, which used the currency’s strength as an opportunity to build foreign exchange reserves. These reserves have surged by USD 50 billion, reaching USD 688 billion in just two months.Looking ahead, the narrowing yield gap between Indian and US 10-year bonds, along with sustained dollar weakness, is expected to keep the rupees relatively strong in the short term





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account