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Deloitte projects 6.4-6.7% GDP growth in FY26

“India’s economic trajectory stands out in a turbulent global landscape,” Rumki Majumdar, Economist, Deloitte India, said. Deloitte India on Tuesday (August 5, 2025) projected India’s economic growth at 6.4-6.7 % in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be…

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Stock markets decline in early trade dragged down by oil and gas shares, foreign fund outflows

FIIs offloaded equities worth ₹2,566.51 crore while DIIs outnumbered the FIIs by purchasing equities worth ₹4,386.29 crore on August 4, 2025, according to exchange data.  | Photo Credit: PTI Equity benchmark indices Sensex and Nifty declined in initial trade on Tuesday (August 5, 2025), dragged down by selling in oil & gas shares and persistent…

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Tariff war will worsen economy more than COVID-19 pandemic: Kerala Finance Minister K.N. Balagopal

Economist M.A. Oommen speaking at the seminar ‘Post-COVID Development Challenges and Response: Kerala through the lens of State budgets’ organised by the Gulati Institute of Finance and Taxation in Thiruvananthapuram on Tuesday. Finance Minister K.N. Balagopal is also seen | Photo Credit: special arrangement Kerala Finance Minister K.N. Balagopal has warned that Kerala needs to prepare well…

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Highway Infrastructure IPO fully subscribed within hours of opening for bidding

Highway Infrastructure Ltd. on August 4, 2025, said it had raised ₹23.40 crore from the anchor investors, including HDFC Bank and Abans Finance Pvt. Ltd. Photo: https://www.highwayinfrastructure.in/ The initial public offer of Highway Infrastructure Ltd got fully subscribed within hours of opening for bidding on Tuesday (August 5, 2025). The three-day initial share sale received…

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