Indian registered factories scaled back fresh investment in FY25 even as employment reached a record level. Gross fixed capital formation (GFCF) declined 8% to ₹63,497 crore during the year. It was the first fall in factory investment since FY21. GFCF had surged 77% in FY23 and increased another 18% in FY24, according to a report by Business Standard citing the latest Annual Survey of Industries…
Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand.
LONDON: For five years, the interest rate on Richard Merrett’s mortgage was locked at 1.14 per cent, but with that ultra-cheap deal due to expire in early 2027 he faces a sudden trebling of his…
Bridgewater Associates’ flagship Pure Alpha macro fund gained 18.4% during the first nine months of 2026, according to a report by Reuters citing unnamed people familiar with the performance…