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Searched Tag: indian economy
Global wealth rose 10.8 pc in 2025, but only 25.8% of Indian household wealth is held in financial assets, UBS said in its Global Wealth Report 2026.

UBS report highlights India's low financial asset share

July 12, 2026, 05:01 PM - 3 min read

"The world became significantly wealthier again in 2025, and at a rapid pace. Personal wealth rose by over 10%, lifted by strong markets and rising non-financial assets," it said.

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Rupee closes at 94.74 against USD

Rupee closes at 94.74 against USD

June 23, 2026, 04:39 PM - 3 min read

Forex traders noted that softening international crude oil prices prevented a steeper fall for the domestic currency.

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Chinese imports dominate India's pharma sector, warns NITI Aayog

Chinese imports dominate India's pharma sector, warns NITI Aayog

June 23, 2026, 04:24 PM - 3 min read

The Aayog, in its eighth edition of 'Trade Watch Quarterly', further said that rising environmental compliance requirements have significantly increased manufacturing and R&D costs in India.

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Govt revamps FCRA penalty rules for NGOs

Govt revamps FCRA penalty rules for NGOs

June 23, 2026, 04:11 PM - 3 min read

Notified by the Home Ministry on Monday, the updated rules clamp down hard on administrative expenses.

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 Commerce and Industry Minister Piyush Goyal.

India-EU trade pact to be signed by December: Goyal

June 21, 2026, 02:57 PM - 3 min read

India and the EU will sign their free trade agreement by December, with implementation likely from February-March next year, Goyal said.

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US-Iran talks, crude prices, FIIs to guide markets this week

June 21, 2026, 02:53 PM - 3 min read

Markets will track US-Iran talks, crude oil prices, foreign investor activity and monsoon progress in the holiday-shortened week ahead.

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Representational image.

India emerging as preferred hub for GCCs, manufacturing

June 20, 2026, 04:29 PM - 4 min read

India's reforms, talent pool and infrastructure are making it a preferred destination for advanced manufacturing and GCCs, experts said.

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Rupee rises 14 paise, closes at 94.36 against US dollar

June 18, 2026, 04:49 PM - 3 min read

Positive sentiment in domestic equity markets also lent support to the Indian currency during the trading session. 

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Silver tumbles to end three-day rally

Silver tumbles to end three-day rally

June 16, 2026, 05:08 PM - 2 min read

Analysts said the decline came a day after bullion prices surged on optimism that an agreement between Washington and Tehran could end months of conflict and reopen the Strait of Hormuz, a key artery for global energy trade.

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States’ spending surges 131 pc in 10 years: CAG

States’ spending surges 131 pc in 10 years: CAG

June 16, 2026, 04:57 PM - 3 min read

"Social and economic services together accounted for about two-thirds of total expenditure, reflecting states’ focus on welfare and development," said the CAG's Publication on State Finances 2024-25.

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Gold rush in vaults; Central banks pivot to bullion

Gold rush in vaults; Central banks pivot to bullion

June 16, 2026, 04:50 PM - 3 min read

The survey highlighted that gold's role during periods of crisis remains one of the strongest factors driving central bank demand.

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Stock markets rally on US-Iran peace deal; Sensex up 544 pts

Stock markets rally on US-Iran peace deal; Sensex up 544 pts

June 16, 2026, 04:35 PM - 3 min read

The upward momentum was driven by a buoyant trend across global equities and a continued decline in international crude oil prices, following a landmark peace agreement between the United States and Iran.

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