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TREND | 04 Jun 2025

India opposed, but ADB approved $800 million loan to Pakistan

Business Line

Despite India's warnings on fund misuse and Pakistan's declining debt-to-GDP ratio, ADB approved the controversial financing package

India Macro Indicators

TREND | 04 Jun 2025

India's stainless steel demand to grow 7-8% annually over 2-3 years: ISSDA

Business Standard

The demand for stainless steel in the country is expected to grow in the range of 7-8 per cent Y-O-Y over the next three years, the Indian Stainless Steel Development Association (ISSDA) said on Wednesday. The overall consumption of stainless steel reached 4.8 million tonnes in FY25, registering a Year-On-Year (Y-O-Y) growth of about 8 per cent, ISSDA President Rajamani Krishnamurti said at the Global Stainless-Steel Expo 2025 (GSSE 2025). Around 10,000 industry leaders, policy makers and experts from India and abroad, as well as government representatives, are attending the event. "India is likely to retain the highest GDP growth among economies of the world. The stainless steel demand is expected to grow by 7-8 per cent in the next 2-3 years," Krishnamurti told participants at the three-day conference. The per capita steel consumption in India stands at around 3.4 kg as against the world average of over 6 kg, he added. Low consumption as against the world average provides a grea

India Macro Indicators

TREND | 04 Jun 2025

Dollar edges down as trade tensions simmer ahead of jobs data

Economic Times

The dollar weakened as investors awaited United States job data. Trade talks involving President Trump are also in focus. A deadline for trade offers is set, alongside potential tariff hikes. Trump may speak with Chinese President Xi Jinping. Macroeconomic data influences the dollar. The Australian dollar remained steady before GDP data. South Korea's won rose after Lee Jae-myung's presidential win.

India Macro Indicators

TREND | 04 Jun 2025

Loan Prepayment In 2025: Does It Still Make Sense As Interest Rates Cool Off?

NDTV Profit

Mostly, banks revise the interest rates on home loans and personal loans with every repo rate cut to pass on the benefits to the customers, as they get the money from the RBI at a lower rate.

India Macro Indicators

TREND | 03 Jun 2025

FY26 To Mark Recovery In Growth, Earnings To Hit Double Digits: Citi's Surendra Goyal

NDTV Profit

Goyal noted that recent GDP data, robust GST collections, and strength in investment during the fourth quarter offer signs of a rebound after a slow FY25.

UBS raises India's FY26 GDP forecast to 6.4% after strong Q4 growth

Business Standard | 03 Jun 2025 5 more

India Macro Indicators

TREND | 02 Jun 2025

Saudi Arabia aims at 25% of leisure travellers from India by 2030

Business Standard

The West Asian country's global vision is to attract 150 million tourists annually, generating 10 per cent of its gross domestic product (GDP)

India Macro Indicators

TREND | 02 Jun 2025

Indian economy to be close to $30 trillion mark by 2047: Amitabh Kant

Business Standard

India's economy, which is currently USD 4 trillion in size, is expected to be close to USD 30 trillion by 2047 and the country also has the advantage of younger demographics, G20 Sherpa Amitabh Kant said on Monday. He was speaking at a session on the sidelines of the International Air Transport Association (IATA) in the national capital. "The demographics are very young. The Western part of the world is ageing and Japan has already aged, even China is ageing. India is just 28 and even when we become 100, the average age will be 35 years. It is a country of baby boomers," Kant said. According to him, the country's economy will be close to USD 30 trillion in 2047. The country is a USD 4 trillion economy and just became the fourth largest economy in the world, he added. While emphasising about sustainable urbanisation, Kant said the country will see around 5 million people getting into the process of urbanisation and there will be a need to create 500 new cities in India. "You need

Indian economy to be close to $30 trillion by 2047: Amitabh Kant

Business Line | 02 Jun 2025

India Macro Indicators

TREND | 02 Jun 2025

Telangana aims to become $3 trillion economy by 2047: CM Revanth Reddy

Business Standard

Telangana is working to become a USD 3 trillion economy by 2047 as the country aspires to achieve USD 30 trillion by then, Chief Minister A Revanth Reddy said here on Monday. Speaking at the Telangana Formation Day celebrations, Reddy said the state government hopes to contribute 10 per cent to the national GDP by 2047. "India is making efforts to emerge as a USD 30 trillion economy by 2047. As India and the (Central) government are making plans to become USD 30 trillion, we brought the Telangana Rising 2047 policy document to make the state a partner in it, to put the state at the top," he said. As part of its goal, the state government has introduced several policies, including energy, tourism, industries, investments and health, he said. All these policies together form the vision of 'Telangana Rising 2047'. This envisions making the state compete with the world, he said. The CM said the government is making efforts with the aim of transforming the state into a USD one trillion

India Macro Indicators

TREND | 02 Jun 2025

India FY26 GDP: Amid Uncertain Exports And Private Capex Outlook, India's 'Check Engine Lights' Are Still On

NDTV Profit

The ongoing trade agreement negotiations with several trade partners may facilitate India's greater participation in global trade.

India Macro Indicators

TREND | 01 Jun 2025

Adani Energy Approves Raising $502 Million Via Share Sale

NDTV Profit

In March, Fitch Ratings removed Adani Energy from a ratings watch and assigned it a negative outlook, citing moderating risks associated with the group's liquidity.