India

India's GDP growth estimated at 7.8% in Oct-Dec following data revamp

[NEW DELHI] India’s economy grew 7.8 per cent in October-December from the same period a year earlier, after posting 8.4 per cent growth in the previous quarter, the government said on Friday (Feb 27)...

Apple Pay in India is expected to support its state-backed UPI – which allows Indian customers to instantly transfer money and pay bills – alongside card-based payments.

Apple in talks with banks to start payment service in India

It marks another step in the company’s push to expand in the country of 1.4 billion people with a rapidly increasing middle class

The RBI is likely to absorb part of the surplus through variable rate reverse repos after March, a tool that has not been used since early December.

India central bank’s additional liquidity support to wind down after March, bankers say

The banking system’s liquidity surplus averages around 1.1% of deposits in February, inching past the 1% threshold

The US Supreme Court had earlier struck down the sweeping tariffs imposed by President Donald Trump in 2025.
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Beyond the numbers: Will China and India capitalise on US tariff twist?

Chinese goods remain subject to levies under Section 301 of the US’ 1974 Trade Act

French President Emmanuel Macron (left) and Indian Prime Minister Narendra Modi in Mumbai on Feb 17. An anticipated US$35.7 billion agreement propels India and France into a new era of defence cooperation.

Modi and Macron’s ‘contract of the century’: A new anchor for India-Europe trade

The two leaders sign a huge aerospace accord and key tax treaty changes, highlighting the warming of business relations after a hat-trick of trade deals

The Commerce Department is conducting a concurrent antidumping duty probe of solar cells imported from India, Indonesia and Laos.

US sets initial duties on Indian solar imports at 126%

While the levies are set to benefit domestic manufacturers, they also will pinch American renewable developers

The changes are part of a broader revamp of India’s statistics, following the release of a new retail inflation series earlier in February.

India overhauls GDP data calculation to improve accuracy

It is adopting more granular price deflation to address concerns raised by economists that its method is outdated

A robot interacting with visitors at the AI Impact Summit in New Delhi, which brought together representatives from more than 100 countries.

Shaping a human-centric future for AI

Artificial intelligence must become a tool for global good, opening new doors of progress for the Global South

The offering is expected to consist of a secondary share sale by the parent company and could take place later this year.

Carlsberg said to begin US$700 million IPO process for India unit

Details, including the size, structure and timing of the transaction, are still being finalised

For the likes of China, which also saw a 10% fentanyl tariff scrapped by the courts, exports now face less punitive rates.

China, India among winners after US court blocked Trump tariffs

The new across-the-board levy effectively resets the playing field for America’s trade partners