India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
NEW DELHI, Oct 25: Pakistan's public debt reached $286 billion by FY25, rising 13% from the previous year and deemed "unsustainable," according to a Maldives Insight report. The debt-to-GDP ratio climbed to 70%, while the fiscal deficit stood at $25.2 billion, largely financed through domestic borrowing. Domestic debt accounts for $194 billion, up 15%, and external debt rose to $92.5 billion. Interest payments increased 9% year-on-year, limiting development spending. Multilateral loans make up 57% of external debt, bilateral loans 26%, and commercial borrowing the rest. The report highlighted Pakistan's economy struggles to outpace liabilities, with debt servicing taking precedence over growth. Despite a seemingly manageable debt profile, the economy remains fragile, reliant on external bailouts and domestic credit, exposing deep structural fiscal weaknesses. (IANS)
Visakhapatnam, April 8 (SocialNews.XYZ) Leader of the Opposition (LoP) in the Andhra Pradesh Legislative Council, Botcha Satyanarayana has written to Governor S. Abdul Nazeer that the State Finance Department presented incorrect and incomplete information on government borrowings for 2024-25 and 2025-26 in the Council. In his letter, Botcha Satyanarayana said the reply given by the Principal Finance Secretary to a starred question in the February 2026 session understated the actual borrowings and omitted key components. He requested the Governor to intervene and impress upon the government t ...Read More >
New Delhi, Apr 6 (PTI) Finance Minister Nirmala Sitharaman on Monday said India has fiscal space to support sectors impacted by escalating West Asia crisis, while the Reserve Bank has room to cut interest rate to deal with global challenges. The Monetary Policy Committee headed by Reserve Bank Governor will announce its stance on interest rate on Wednesday. There is a widespread speculation that RBI will maintain status quo. The rate-setting panel began its deliberations on Monday. Observing that the current year is even more challenging than the previous one, Sitharaman said, "the escalatio ...Read More >
She was speaking at an event organised by the NIPFP) here. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India has fiscal space to support sectors hit by the West Asia crisis, says Sitharaman * She said RBI has room to cut interest rates amid global economic challenges * Monetary Policy Committee will announce interest rate stance on Wednesday, the minister said Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Finance Minister Nirmala Sitharaman on Mon ...Read More >
New Delhi [India], August 14 (ANI): Foreign capital inflows into India are likely to accelerate following S&P recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB). In both the short and long term, foreign capital inflows can be expected to be impacted positively, as the upgrade reaffirms trust in India ound fundamentals and growth momentum. We are likely to see higher FPI inflows this year and a decline in bond yields, BoB Economist Told ANI. According to Badhan, India recent credit rating upgrade ...Read More >
New Delhi [India], December 16 (ANI): In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening, said India Market Outlook 2026 Report by Axis Capital on Tuesday. "We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 20 bps, but the revival in credit growth in response to much easier monetary conditions is a significant tailwind, as is regulatory easing e.g., EoDB, revoked QCOs, new labour codes, the report said. "We ...Read More >
New Delhi, Apr 2 (PTI) The overall liabilities of the Union government increased during 2024-25 mainly due to an increase in public debt, CAG said in a report on Thursday. "Internal debt and external debt increased by 8.35 per cent and 9.83 per cent, respectively, compared to 2023-24. At the end of FY 2024-25, internal debt stood at Rs 1,59,25,949 crore and Market loans, its primary component, accounted for 69.96 per cent of the total internal debt," CAG report tabled in Parliament said. Capital expenditure as a percentage of GDP decreased slightly from 2.78 per cent in 2023-24 to 2.70 per c ...Read More >
New Delhi [India], April 6 (ANI): Finance Minister Nirmala Sitharaman on Monday said the global economic landscape has moved from a phase of isolated shocks to one of "permanent volatility", underlining rising uncertainty due to geopolitical tensions and economic disruptions. Addressing the Golden Jubilee event of the National Institute of Public Finance and Policy in Delhi, Sitharaman pointed to several global challenges that have reshaped the world economy in recent years. "The current year is even more challenging as we move from a landscape of 'shocks' to one of 'permanent volatility,'" ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
MUMBAI (Reuters) -S&P Global Ratings on Thursday upgraded India's long-term sovereign credit rating to 'BBB' from 'BBB-', the first upgrade in 18 years, citing strong economic growth, improved monetary policy credibility, and sustained fiscal consolidation. Fitch has rated India at 'BBB-' since 2006 while Moody's has had a 'Baa3' rating in place since June 2020. The upgrade follows S&P's decision in May 2024 to revise India's outlook to positive from stable, driven by robust growth and better quality of government spending. S&P said it expects the impact of U.S. tariffs on the Indian econom ...Read More >
PARIS (Reuters) -S&P Global downgraded France's rating a notch on Friday in a surprise update on the euro zone's second-biggest economy, warning that political instability put the government's efforts to repair its finances at risk. Credit ratings agencies rarely downgrade outside of regulated schedules for updates, but S&P said France's cut to A+/A-1' from 'AA-/A-1+' was merited after a high-tension week in which Prime Minister Sebastien Lecornu pledged to suspend a deeply unpopular 2023 pensio ...Read More >
MUMBAI, Aug 14 (Reuters) - S&P Global Ratings on Thursday upgraded India's long-term sovereign credit rating to 'BBB' from 'BBB-', the first upgrade in 18 years, citing strong economic growth, improved monetary policy credibility, and sustained fiscal consolidation. Fitch has rated India at 'BBB-' since 2006 while Moody's has had a 'Baa3' rating in place since June 2020. The upgrade follows S&P's decision in May 2024 to revise India's outlook to positive from stable, driven by robust growth and better quality of government spending. S&P said it expects the impact of U.S. tariffs on the Indi ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," the Finance Minister said, noting that RBI documents and studies show worrisome debt-to-GDP ratios in ...Read More >
A GROUP of U.S. banks, including JPMorgan Chase, Bank of America and Goldman Sachs, is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday. U.S. Treasury Secretary Scott Bessent said last week that the department was working with banks and investment funds to create a $20 billion facility to invest in the South American country's sovereign debt. Bankers are waiting on guidance from the Treasury Department on what collateral Arge ...Read More >
April 6 (Reuters) - India's central bank on Monday kept foreign debt investment limits unchanged for 2026-27, as foreign investors continue to hold lesser amounts of government bonds than permitted. The central bank, which revises these limits annually, said overall investment ceilings will increase in absolute terms as the pool of government debt increases. Here are the details: ** Foreign portfolio investment limits for 2026-27 were kept unchanged at 6% for government securities, 2% for state government securities and 15% for corporate bonds. ** The total investment limit for government ...Read More >
Andhra Pradesh opposition leader Botcha Satyanarayana has accused the state government of misleading the Legislative Council. He claims incorrect and incomplete figures on borrowings for 2024-25 and 2025-26 were presented. Satyanarayana highlighted significant discrepancies between government figures and CAG audited accounts. He urged the Governor to intervene and ensure accurate financial reporting to maintain public trust. Amaravati: Leader of the Opposition in the Andhra Pradesh Legislative C ...Read More >
European government bond yields remained steady this week, diverging from U.S. Treasuries due to differing central bank outlooks. The ECB held rates steady, leading to expectations of a December rate cut. Market focus shifts to Fitch's review of France's sovereign debt rating, potentially impacting the spread between French and German bond yields. European government bond yields were on course to end the week steady, diverging from their U.S. counterparts on differing outlooks for their respecti ...Read More >
Mumbai: India's economy is expected to grow above 7.5 per cent in real terms in FY27, supported by easing fiscal and monetary conditions, low inflation, and ongoing regulatory reforms, according to Axis Bank's India Economic Outlook 2026 report. "With fiscal and monetary headwinds receding, GDP growth has picked up in FY26. In FY27, the pace of fiscal consolidation should slow further (20bps), and lagged effects of monetary easing should become visible, pushing growth to 7.5 per cent (above trend)," said Neelkanth Mishra, chief economist at Axis Bank, while unveiling the report. Mishra also ...Read More >