Goldman Sachs slashes India growth forecast for 2026 to 5.9%, warns currency strain will force rate hike

Goldman Sachs raises India 2026 CPI forecast to 4.6% from 4.2% earlier; Goldman Sachs expects 50 bps rate hike by RBI in 2026   Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the economy contends with sharp depreciation in its currency.…

DLF, Godrej Properties to Shobha: Realty stocks rise up to 15% post-Budget 2026. Do you own any of these?

The Union Budget 2026 has boosted realty stocks by up to 15%, with key allocations for affordable housing and infrastructure. Major players like Godrej Properties and Anant Raj report significant gains, reflecting renewed investor confidence in the sector. Realty stocks have seen a strong rise of up to 15% in just seven trading sessions since…

India-UK trade deal: Tariff on imported whisky halved, automotive duty cut to 10 percent under quota

The FTA has taken place in the backdrop of growing economic relations between India and the UK, and the bilateral trade of about $60 billion between both nations is projected to double by 2030, a government statement has said. PM Narendra Modi made the FTA announcement after a telephonic conversation with his British counterpart Keir…

Why did Sensex rally 1,950 pts from day’s low on Thursday; key reasons here

Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today’s market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850.   The Indian equity benchmark indices, the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty 50 staged a strong rebound from…