New Delhi, June 30 (IANS) India’s gross domestic product (GDP) growth in 2026 is expected to touch 7 per cent, up from an earlier estimate of 6.2 per cent in April, a report has said.The report from Bank of America (BofA) Securities pegged India’s growth in 2027 at 7 per cent. Moreover, it has projected international oil benchmark Brent crude will average $72 a barrel in H2 2026 and $65 per bbl in 2027, on the assumption that peace holds in West Asia.Analysts at the global brokerage marginally…
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New Delhi, May 15 (IANS) The US Federal Reserve is expected to hold rates unchanged as inflationary spillovers from the US‑Iran conflict keep upside risks intact, a report said on Friday.The report from Elara Capital said it has withdrawn its call for three Fed rate cuts totalling 75 basis points in CY26 andIt assigned a 20 per cent probability to a 25-basis point hike in December 2026 if the Strait of Hormuz remains closed until September, energy prices spike further and core personal consump…
Mumbai, April 3 (IANS) Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week.Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday’s close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 per cent on a week-on-week basis.In the final session of t…
New Delhi, Dec 27 (IANS) With liquidity conditions remaining muted and key macro cues awaited, the Indian markets are likely to stay range-bound in the near term amid consolidation ahead of New Year, analysts said on Saturday.Market sentiment this week was shaped by a combination of domestic macroeconomic indicators and global developments.India concluded a comprehensive Free Trade Agreement (FTA) with New Zealand, strengthening its Indo-Pacific engagement and export diversification strategy. On…