Moody’s cuts India’s 2026 growth forecast to 6% on high energy costs amid West Asia war

India remains particularly vulnerable to high oil prices, given its dependence on imported crude oil and liquefied natural gas, Moody’s said Moody’s Ratings on Tuesday cut India’s economic growth forecast for 2026 by 0.8 percentage points to 6% on subdued private consumption, capital formation, and industrial activity amid higher energy costs triggered by the West…

UAE exit from Opec would raise oil supply, lower prices for India: Analysts

  Alongside Saudi Arabia, the UAE holds meaningful spare capacity, the real lever Opec+ uses to move markets and stabilise prices.   The United Arab Emirates’ (UAE) exit from the Organisation of Petroleum Exporting Countries (Opec) could benefit India by increasing oil supply and lowering prices, analysts said.   On April 28, the UAE announced…

Tata Communications acquires 51% stake in US-based AI platform Commotion Inc in ₹227 crore deal

Tata Communications has acquired a 51% stake in Commotion, an AI-native Enterprise SaaS Platform, to enhance AI integration in its Digital Fabric. The ₹227 crore deal is expected to improve its Customer Interaction Suite with advanced AI capabilities. Tata Communications, in its regulatory filing today, December 02, announced that it had acquired a 51% stake…

This Akshaya Tritiya, should you go big on gold or stick to a token purchase?

Invest in gold this Akshaya Tritiya with a long-term asset allocation view, not short-term gains. Given the current volatility, stagger investments to capitalise on potential market dips, say experts. Last year, gold shattered records, posting 40 new all-time highs. With gold prices crossing a record Rs 1 lakh per 10 grams just days ahead of…