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Trade tensions: India GDP...

India's GDP growth could fall below 6.2% in 2025-26 if the...

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Category: Business & Finance

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Victoria Bourne, Rachel Clun & Mitchell LabiakBBC...

Brian Niccol turnaround taking hold

Customers enter a Starbucks coffee shop in...

Trade tensions: India GDP may fall below 6.2% in FY26 if US tariff stays; S&P flags agriculture, Russia hurdles

India's GDP growth could fall below 6.2% in 2025-26 if the 25% tariff imposed by the US remains in effect beyond September, S&P Global Market Intelligence warned in a report released Friday. The ratings agency had earlier projected India’s GDP at 6.2% for FY26, already a decline from 6.5% in FY25, and said the forecast could be revised further downward if tariff barriers persist.“This projection is likely to be adjusted downward if the 25% tariff is implemented. Its application would leave India relatively disadvantaged versus regional competitors...

Lloyds to close...

Lloyds Banking Group is to shut another 136 branches by March next year, arguing that customers are increasingly using digital channels for their day-to-day...

KKR and Bain...

25 December 2024, 1:41 pm 1 minute Reuters exclusively reported that private equity firms KKR and Bain Capital each offered more than $5 billion in...

Trump health care...

U.S. President Donald Trump speaks about prescription drug prices during an appearance in the Brady Press Briefing Room at the White House in Washington,...

Finance minister says...

Finance Minister Muhammad Aurangzeb told Reuters on Tuesday that the government has agreed terms for a $1 billion loan with two Middle Eastern...

Budget 2025: Industry...

Last Updated:January 24, 2025, 00:17 ISTWith the Union Budget 202526 approaching, industry players are pinning hopes on significant announcements for the railway sector, particularly...

8th Pay Commission...

New Delhi: The 8th Central Pay Commission (CPC) is set to take effect from January 1, 2026. This will bring major changes to the...

Olympic Medals From...

Rarely in Olympic history had a single company been as ubiquitous as LVMH Moët Hennessy Louis Vuitton, the luxury goods empire owned by France’s...

The fish at...

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the...