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…

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…

With Q2 GDP growth at higher than expected 8.2%, FY26 growth seen at over 7%

Private consumption, manufacturing power up growth, US tariff impact in H2 to be seen With the economy growing at a higher than expected pace of 8.2% in the second quarter of the fiscal, expectations are that full year GDP growth would be at over 7%.   Official data released on Friday showed that the Indian…