Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…
Canada’s economy staged a stronger-than-expected recovery in the third quarter of 2025, expanding 2.6 per cent year-on-year after a contraction in the previous quarter, according to new data from Statistics Canada, AFP reported.The rebound was fuelled by an improved trade balance and higher government spending, offsetting the drag from US President Donald Trump’s trade war,…
Black Friday no longer pulls Americans from Thanksgiving dinners for midnight mall queues, but it still draws more in-store traffic than any other day of the year — and remains the unofficial start of the US holiday shopping season.This year’s kickoff came as US consumer confidence slipped following the federal government shutdown, weak hiring and…
The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…
US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above…
India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) India’s GDP has grown at a robust 8.2% in the second quarter of the financial year – a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected to push…
Reliance Industries Ltd (RIL)’s shares rose on Friday, touching a new 52-week high of Rs 1,580.90 on the BSE after global brokerage Jefferies reiterated its “Buy” rating with a price target of Rs 1,785, implying nearly 14% upside. The stock had ended the previous session at Rs 1,564. In early trade, RIL shares were up…
The central government’s fiscal deficit stood at 52.6% of the full-year target at the end of October 2025, data released by the Controller General of Accounts (CGA) on Friday showed. In the same period last year, the deficit was 46.5% of the 2024-25 Budget Estimates (BE).In absolute terms, the fiscal deficit – the gap between…
Those who stayed on the sidelines are now watching markets soar without them, and the temptation to “catch up” is intense. (AI image) When optimism is in the air, it’s easy to lose discipline. Here are six behavioural traps that can quietly sabotage your wealth. Letting overconfidence override disciplineThe powerful rally of the past 18–20…
The finance ministry on Thursday said the Indian economy entered the second half of the fiscal year on a “firm foundation,” supported by easing inflation, resilient domestic demand and recent tax reforms. The rationalisation of goods and services tax (GST) rates has given a “measurable boost” to consumption, strengthening the growth outlook, it added. India’s…
