Axis Capital: India Eyes 7.5% Growth in FY27 on Monetary Easing, GST Reforms & Fiscal Tightening

In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening, said India Market Outlook 2026 Report by Axis Capital on Tuesday. “We expect the monetary easing to drive above-trend growth of 7.5%. Read More

Indian stock market plunges as rupee hits record low amid global pressures and FII outflows

The Indian stock market faced significant losses amid the rupee falling to record low levels and weak global cues keeping the market under pressure.  Indian rupee crossed the 91 mark for the first time, and has lost 1% in the last five trading sessions against the US dollar.Sense Read More

Lok Sabha Passes Sabka Bima Bill 2025: Nirmala Sitharaman Unveils Insurance Reforms for Robust Regulation & Mass Coverage

The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companiesMoving the ‘Sabka Bima, Sabki Raksha (Amendme Read More

Ola Electric Founder Bhavish Aggarwal Sells Small Stake to Repay ₹260 Crore Loan, Releases All Pledged Shares

Ola Electric on Tuesday said its founder-promoter Bhavish Aggarwal has carried out a one-time monetisation of a small portion of his personal shareholding to fully repay a promoter-level loan of Rs 260 crore, a move that will result in the complete release of all previously pledg Read More

China+1 Strategy Faces Limits as China Retains Manufacturing Edge, Says Axis Bank Chief Economist

The global push to diversify supply chains away from China may be more aspirational than practical, at least in the near term, with China continuing to dominate manufacturing at a scale few countries can match. This was highlighted by Neelkanth Mishra, Chief Economist at Axis Ban Read More

Nepal Eases Rules on Indian Currency After a Decade — Here’s What Changes Now

Nepal has taken a significant policy step by relaxing long-standing restrictions on the use of Indian currency, ending a freeze that has been in place since the fallout of India’s 2016 demonetisation. The decision was cleared by the Nepal Cabinet earlier this week and formally an Read More

Don’t Consider US Tariffs In India’s GDP Forecast: Neelkanth Mishra, Chief Economist At Axis Bank

Reducing the US President Donald Trump’s tariff play to nothing more than fear tactics, Neelkanth Mishra, Chief Economist at Axis Bank, said it’s not worth incorporating US tariffs in the Indian gross domestic product (GDP) forecast.He noted that, “Indian entrepreneurs are a hard Read More

Only BS-VI Vehicles From Outside Delhi to Be Allowed Entry From Thursday, Says Environment Minister Sirsa

The Delhi government will allow only BS-VI compliant vehicles from outside the national capital to enter the city starting Thursday, Minister of Industries, Food & Supplies and Environment, Forest & Wild Life (Government of NCT of Delhi) Manjinder Singh Sirsa said, as authorities Read More

NCLT Approves Vedanta Demerger Plan – All You Need To Know

Vedanta Demerger: The National Company Law Tribunal (NCLT) Mumbai bench has given its nod to Vedanta demerger plan on Tuesday, December 16, after which the conglomerate’s shares jumped 3.5% on NSE.The demerger plan opposed earlier by the Ministry of Petroleum and Natural Gas incl Read More

INR vs USD: The Bright Side To Rupee Depreciation

While the rupee hit an historic low, breaching 91 mark against the US dollar today, Neelkanth Mishra, Chief Economist, Axis Bank, said there is no reason to worry about rupee depreciation.In the last 10 trading sessions, the currency has weakened from the 90-per-dollar level to 9 Read More