At 7.7%, India’s GDP growth in FY26 beats slowdown predictions; but will the momentum continue amid US-Iran war?

Today’s GDP data is being seen as a sign of India’s underlying economic strength. (AI image) India’s economy continues to defy all growth projections. But for how long? At 7.8%, India’s GDP growth for the fourth quarter of FY 2025-26 beat all estimates by a wide margin. Retaining its tag of being the fastest growing…

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India-US trade deal talks: Both sides hold ‘positive and constructive’ negotiations, says MEA

India and the United States have held “positive and constructive” discussions on finalising a bilateral trade agreement, the government said on Friday, following a fresh round of negotiations between the two sides.A delegation from the Office of the United States Trade Representative (USTR) visited India from June 1 to 4 to advance talks on the…

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Nepal batter achieves rare T20I milestone; Joins Sanju Samson and Tilak Varma in elite list | Cricket News

Nepal’s Kushal Bhurtel (PTI Photo/Shashank Parade) Nepal batter Kushal Bhurtel continued his extraordinary run of form at the Asian Games men’s cricket qualifiers, matching a rare world record with back-to-back T20I centuries just days after hammering six sixes in a single over.The explosive opener produced another breathtaking innings on Thursday as Nepal thrashed Malaysia by…

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ENG vs NZ: Emilio Gay scripts history on home soil, becomes first-ever batter since Andrew Strauss to… | Cricket News

Emilio Gay and Andrew Strauss (Getty Images) Batter Emilio Gay announced himself on the grandest stage of English cricket with a composed half-century at Lord’s, etching his name into the record books during the opening Test against New Zealand on Friday.The left-handed opener struck a patient 57 off 95 deliveries in England’s second innings, playing…

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‘It’s a very big privilege’: Shubman Gill opens up on leading India in front of his home crowd | Cricket News

India’s Shubman Gill (PTI Photo) As India prepare to swap the fast-paced world of T20 cricket for the demands of the longest format, captain Shubman Gill believes there is still nothing in the game that compares to Test cricket.India begin their red-ball season with a one-off Test against Afghanistan in Mullanpur on Saturday. While the…

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US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopes

US stocks ended lower on Friday, with technology shares leading the decline, as a stronger-than-expected jobs report reduced expectations of interest rate cuts by the Federal Reserve this year.The S&P 500 fell 0.7%, while the Dow Jones Industrial Average declined 81 points, or 0.2%. The tech-heavy Nasdaq Composite dropped 1.4%, weighed down by losses in…

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‘Reform Express’ to drive economic momentum amid global challenges: FM Sitharaman

Finance minister Nirmala Sitharaman on Friday said the government remains committed to driving the “Reform Express” through decisive policy measures to sustain economic momentum despite global challenges, even as the Reserve Bank of India lowered its FY27 growth forecast.Earlier in the day, the RBI cut its GDP growth projection for FY27 to 6.6% from 6.9%…

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Protecting rupee, forex & economy: Will government, RBI measures on attracting foreign capital help?

Experts are of the view that India’s bonds have been made attractive. (AI image) Looking to preserve its foreign exchange reserves and defend the rupee, the government and the Reserve Bank of India on Friday announced several steps aimed at attracting foreign inflows. Record foreign capital outflows amid the ongoing US-Iran conflict have added immense…

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Pakistan’s $35 billion trade deficit rings alarm bells as PKR faces pressure despite forex gain

Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…

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