The UN Department of Economic and Social Affairs said higher energy prices, inflation pressure, and tighter global financial conditions could slow growth. India depends heavily on energy imports, which increases risks during global conflicts.

UN officials added that strong consumer demand, public investment, and services exports continue to support the Indian economy. They expect these sectors to help India maintain steady growth in the coming years.

The report also warned that rising freight and fuel costs may impact exports and business expenses worldwide. Global GDP growth for 2026 now stands at 2.5%, lower than earlier estimates.

The post UN Cuts India’s 2026 GDP Forecast to 6.4% Amid Global Uncertainty appeared first on India Podcast.

The Sensex opened sharply higher at 84,238.86, maintaining steady momentum throughout the day. Strong demand for heavyweights like TCS, Infosys, Adani Ports, and Sun Pharma supported gains, while Tata Steel and Tata Motors ended lower.

According to Vinod Nair, Head of Research at Geojit Financial Services, global equities rallied on improved risk appetite. Optimism grew around the possible resolution of the U.S. government shutdown and expectations of early Fed rate cuts. Positive domestic cues such as easing inflation, robust GDP growth, and healthy FY26 earnings outlook also boosted investor confidence.

Sectorally, Nifty IT rose 2.04%, Nifty Auto gained 1.24%, and Nifty Bank added 0.23%. Broader indices also advanced, with Nifty Midcap 100 up 0.79% and Smallcap 100 up 0.82%. The rupee traded mildly weaker at ₹88.62, while the dollar index hovered near $99.60 ahead of key U.S. CPI data.

The post Indian Markets Gain for Third Day as IT, Auto Stocks Rally appeared first on India Podcast.

Shah credited strong domestic consumption, a vibrant services sector, and expanding manufacturing for the country’s progress. He noted that even with a per capita income of just $2,940, India contributes nearly 10% to global growth and 18% on a purchasing power parity basis. “India is the engine of the global growth train,” he said, highlighting the nation’s growing influence.

India’s equity markets have grown 13.7% annually since 2020, outpacing most emerging markets. Shah also praised the government’s fiscal discipline. He pointed out that India reduced its debt-to-GDP ratio even after the pandemic — a rare feat among major economies.

He added that India’s open economy and easy access for global investors strengthen its global standing. With tech giants like Meta, Google, and Amazon operating freely, India is emerging as an innovation-driven leader powering the next phase of world growth.

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At the opening bell, the Sensex rose 67 points to 81,274.79. Nifty advanced 22 points to 24,916.55. Bajaj Finance, HDFC Bank, Axis Bank, TCS, Infosys, and HCL Tech gained nearly 1 per cent.

Analysts said positive momentum came from RBI keeping the repo rate at 5.5 per cent. Inflation forecasts were lowered, while GDP growth outlook improved. Festive demand and capital market reforms also boosted confidence.

Market experts advised caution amid volatility. A buy-on-dips strategy was suggested, with partial profits booked on rallies. Corporate earnings, FOMC minutes, and US trade developments are expected to influence activity.

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Other private lenders like Kotak Mahindra Bank and Axis Bank also recorded market cap losses. IndusInd Bank was the worst performer, losing 15.7 per cent and falling to the 14th position after reporting accounting lapses.

Public sector banks gained in the same period. SBI’s market cap rose 10 per cent. Canara Bank and Indian Bank gained 8.3 per cent and 16.7 per cent, respectively. Bank of Baroda and Punjab National Bank also reported moderate gains.

The government expects the economy to benefit from lower GST rates, festive demand, and normal rainfall. RBI raised GDP growth for FY26 to 6.8 per cent. Economists anticipate further rate cuts after two reductions in early 2025, supporting the banking sector.

The post Private Banks Market Cap Declines in Q2 appeared first on India Podcast.

S&P Global reported that India’s GDP rose 7.8% in the June quarter, higher than expected. Inflation is now forecast at 3.2% this fiscal year after food prices dropped. The Reserve Bank of India may cut interest rates by 25 basis points.

Domestic demand remains strong as consumer spending and government investment continue to rise. India stands out in Asia-Pacific for resilient growth despite global challenges. Higher U.S. tariffs and slower global trade have slowed other regional economies.

China, by contrast, faces weaker exports and slowing domestic consumption. S&P expects China’s GDP to grow 4% in the second half of 2025 and 2026. Falling housing sales and low consumer confidence are adding pressure.

The post India’s GDP to Hold at 6.5% in FY26: S&P Global appeared first on India Podcast.

The PLI scheme rewards companies for higher sales beyond a set baseline. Electronics, mobile manufacturing, and pharma have shown strong growth. Auto, textiles, solar modules, and medical devices were later added. Electronics and mobile manufacturing increased 146 per cent, reaching Rs 5.25 lakh crore in FY 2024-25.

Auto and auto-component sectors drew over Rs 67,000 crore in investments. Combined sales across all PLI sectors crossed Rs 16.5 lakh crore by March 2025. Some sectors, such as textiles and white goods, need more time to scale despite benefits from the scheme.

The report recommends enhanced monitoring, better logistics, and higher budget allocation for FY 2025-26 to maximize PLI’s impact. Strengthening the scheme could raise manufacturing’s share of GDP to 25 per cent and anchor India in global supply chains for electronics, EVs, and pharmaceuticals.

The post PLI Scheme Boosts Investments, Jobs appeared first on India Podcast.

PSU banks extended their rally, with the Nifty PSU Bank Index climbing more than 1 percent. Adani Group shares also surged after SEBI dismissed allegations by Hindenburg Research. Adani Enterprises rose 6 percent, while Adani Green, Adani Energy Solutions, Adani Power, and AWL Agri Business jumped as much as 12 percent.

Technically, Nifty formed a bearish candle on the daily chart but with a long lower shadow, suggesting strong buying at lower levels. On the weekly frame, it created a bullish candle and maintained higher lows for three weeks.Analysts said GST rationalisation and upcoming festive demand could support consumption-driven sectors. Investors will now track US macro data and India’s manufacturing PMI for further market cues.

The post Indian Equities End Higher on Week Despite Profit Booking appeared first on India Podcast.

The manufacturing sector has shown resilience despite global headwinds. Fitch Ratings, IMF, and S&P Global recently revised India’s growth outlook upward. Meanwhile, the S&P Global Manufacturing PMI reached a 16-month high.

According to an official statement, the Production Linked Incentive (PLI) scheme, National Manufacturing Mission, and skill development programs are providing a roadmap for industrial resurgence.The Index of Industrial Production grew 3.5 percent year-on-year in July, up from 1.5 percent in June. PMI improved from 58.4 in June to 59.3 in August, signalling the fastest improvement in operating conditions in 17 years.

Exports also underline manufacturing’s strength. Between April and August 2025, total exports rose 6.18 percent to $349.35 billion. Merchandise exports touched $184.13 billion, up 2.52 percent year-on-year.With this momentum, India’s manufacturing output could reach $1 trillion in FY26. By 2030, the sector may contribute $500 billion annually to the global economy, positioning India as both a global hub for production and innovation.

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