Goldman Sachs upgrades India’s growth outlook to 6.8% after US-Iran peace deal
Following the recent US-Iran peace deal, India's growth outlook for calendar year 2026 has been revised upward to 6.8 per cent by Goldman Sachs.
Following the recent US-Iran peace deal, India's growth outlook for calendar year 2026 has been revised upward to 6.8 per cent by Goldman Sachs.
Micron Technology briefly overtook Meta Platforms and Tesla by market capitalisation on Thursday after the US memory-chip maker delivered stronger-than-expected quarterly guidance, reinforcing investor confidence in the artificial intelligence (AI) infrastructure boom and soaring demand for memory chips.
The investment bank noted that India remained resilient despite the impact of Middle East tensions, with government measures helping reduce the impact of higher energy costs.
Cargo Force expects a significant increase in shipping demand following the implementation of the UK–India Free Trade Agreement (FTA) on 15 July 2026.
Stock markets on Thursday extended their winning streak but shed gains posted during the day aided by easing crude oil prices and buying in select stocks.
Welcoming the Amazon CEO's announcement, Prime Minister Modi said the decision will create new job opportunities for India's youth.
Adani Group founder chairperson Gautam Adani unveiled a roadmap to invest in nuclear power, artificial intelligence and massive infrastructure at the conglomerate's annual general meeting (AGM) on Wednesday.
Indian stock markets on Wednesday ended with gains as the Nifty reclaimed the 24,000 mark, supported by strong buying in IT, realty, and banking stocks.
S&P Global Ratings cut India's GDP growth to 6.6 per cent in the current fiscal year, driven by energy stress, a sub-par monsoon and slowing global growth.
The Amazon CEO added that the operational experience and innovations developed through India’s quick-commerce model are also helping Amazon scale similar services in the United States and other global markets.
