S&P Global cuts India’s growth to 6.6% due to energy stress, sub-par monsoon
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.
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.
Gautam Adani said the Adani Group invested more than Rs 1.5 lakh crore in infrastructure during FY26 and outlined a three-point organisational strategy focused on efficiency, contractor partnerships and worker welfare.
Deputy Assistant Secretary of State for South and Central Asia Bethany Poulos Morrison said the Trump administration is working rapidly to strengthen ties between the two countries, calling the relationship a key partnership for the future.
The Adani Group is planning to invest around Rs 1 lakh crore across its airport portfolio over the next five years, Adani Airport Holdings Director Jeet Adani stated during the launch of scheduled commercial flight operations at Adani Mundra Airport in Gujarat on Tuesday.
India’s startup ecosystem witnessed a strong funding rebound this week, with total investments soaring over 2.3 times to around $357.29 million across 30 deals, compared to $152.49 million raised by 23 startups last week.
A heavy sell-off was witnessed on Monday as the market opened with benchmark indices crashing over 5 per cent in early trade.
India's competitive position in select product segments may help cushion some of the losses, it mentioned.
It was a total bloodbath on Dalal Street as the Nifty 50 tanked 906.95 points, or 3.96 per cent at 21,997.50, while the Sensex nosedived 2,792.89 points, or 3.71per cent at 72,571.80 at 11:30 am.
Foreign investors withdrew ₹10,355 crore from equity markets in the last four trading sessions in April due to sweeping tariffs imposed by the US on most nations, including India.
