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…

Market regulator SEBI plans to extend equity derivatives’ tenure to curb losses

“The plans to extend the tenure of such contracts is at a conceptual stage,” SEBI chairman Tuhin Kanta Pandey said at the sidelines of an industry event “Markets regulator Securities and Exchange Board of India – SEBI  is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said…

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

  Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…

Pakistan shuts airspace for Indian airlines and halts all trade with India as ties nosedive after Pahalgam

  These decisions came a day after India’s Cabinet Committee on Security announced its own set of punitive actions against Pakistan in response to Tuesday’s terror strike in Pahalgam   Pakistan on Thursday announced a sweeping set of retaliatory actions against India, including the immediate closure of its airspace to all Indian-owned or operated airlines,…