Fitch Ratings has raised India's GDP forecast for the current financial year to 7.4%, up from 6.9%, citing stronger household spending and improved consumer sentiment supported by recent GST reductions. GDP grew 8.2% in the latest quarter, though Fitch expects growth to ease slightly in the coming months. The agency attributes much of this year's momentum to higher real incomes and lower prices on most everyday goods. Looking ahead, GDP is projected to moderate to 6.4% in FY 2027, with private investment expected to pick up as borrowing conditions improve. Falling inflation has created room for one more RBI rate cut, likely bringing the repo rate to 5.25%.Read more

Nomura expects India's Nifty 50 to rise to 29,300 by the end of 2026, reflecting a 12% increase from current levels, driven by cyclical economic growth and supportive policies. The brokerage noted improved market stability after a tariff-driven selloff in mid-2025 and cited stronger macro conditions and calmer geopolitics. It expects policy measures focused on growth and structural reforms to sustain a positive medium-term outlook. Nomura favors selective sectors such as financials, IT, pharma, real estate, and manufacturing, while cautioning against narrative-driven, overvalued stocks.Read more

The RBI is expected to consider a 25-basis point repo rate cut in its December policy meeting, supported by a sharp decline in inflation to a decade-low of 0.3 per cent and steady economic growth. While GDP rose to 8.2 per cent in Q2 of the 2025-26 fiscal, growth is likely to moderate to 7 per cent in the latter half. Stable crude prices, good reservoir levels, and muted global price pressures are helping contain inflation. With a real policy rate above neutral levels and robust foreign exchange reserves, there is scope for easing to support growth.Read more

IndianOil Total Pvt Ltd (ITPL), a joint venture between Indian Oil Corporation and TotalEnergies Marketing Services SAS, has started operations at its new greenfield bitumen derivatives plant in Gummidipoondi near Chennai. The facility, commissioned earlier this month, will produce PMB, CRMB, NRMB and bitumen emulsions to support road and infrastructure projects across southern states. The plant, built with automated systems and global safety standards, is expected to strengthen supply reliability, reduce logistics time, and cater to major works under NHAI, state highways, industrial corridors and urban development programmes.Read more

India's agriculture sector is preparing for a decisive shift towards green-fuel technologies and gender-friendly mechanisation, with senior government leadership urging industry participation earlier this week. The Agriculture Ministry highlighted the need for electrically powered and CBG-based machinery to reduce operational costs, while also emphasising that women farmers require equipment designed to ease their workload. Italian officials reaffirmed their commitment to strengthening bilateral agricultural cooperation under the ongoing Joint Strategic Action Plan, signalling deeper industrial engagement. The latest edition of EIMA Agrimach India showcased advanced machinery, rising trade prospects and future-ready mechanisation models.Read more

Arnifi, a Dubai-based entity setup and management platform, has expanded its India presence with a new office in Bangalore as part of its broader India strategy. Founder Manu Midha said the company plans to hire over 100 professionals and invest heavily in technology and talent to support Indian firms looking to establish entities overseas. Arnifi has already helped more than 500 companies set up globally. The expansion comes amid deepening India-UAE economic ties and the success of the India-UAE Startup Series, which has attracted over 10,000 founders. Midha noted rising demand for reliable international compliance services as India's start-up ecosystem crosses 1.59 lakh recognised ventures.Read more

L&T has renamed its data-centre arm from L&T Cloudfiniti to Larsen & Toubro-Vyoma, reflecting a strategic focus on digital infrastructure. Vyoma aims to leverage L&T's engineering expertise to offer scalable, sustainable, and AI-ready data-centre solutions. The company plans to establish hyperscale facilities in cities including Mumbai, Chennai, and Bengaluru to meet growing demand for high-performance computing and data storage. The move aligns with the rapid growth of India's digital economy, cloud adoption, AI workload expansion, and data?localisation requirements.Read more

Z-Tech (India) has signed a deal to acquire a 76 percent stake in Grace Green Infra Pvt Ltd, turning it into a subsidiary and strengthening its position in the water-treatment segment. The acquisition brings in Ministry of Jal Shakti-certified technologies, including the Grace Vermi-Filtration system, packaged FRP sewage-treatment plants, and nanobubble bio-remediation for lake rejuvenation. Grace Green Infra also holds an unexecuted order book of about INR 22 crore, giving Z-Tech better revenue visibility and supporting its wider push into sustainable and long-term water-management solutions.Read more

The Finance Ministry's Monthly Economic Review for October reports that GST rate rationalisation has boosted consumption by raising disposable incomes and easing inflation, which fell to a record 0.25% in October. Lower GST on 375 items and consolidation of multiple slabs into 5% and 18% have reduced prices for most daily-use goods. High-frequency indicators-such as stronger e-way bill volumes, festive automobile sales, UPI transactions and tractor demand-point to broad-based improvement across urban and rural markets. The ministry expects the full impact of tax cuts to emerge over the next two quarters. Despite global uncertainties, stable inflation, healthy corporate performance and ongoing labour reforms are expected to support India's growth outlook through FY26.Read more

Bisleri International has entered a long-term renewable Power Purchase Agreement with Sunsure Energy to shift a major share of its Sahibabad facility's electricity consumption to solar energy. The partnership is expected to help the company meet 48% of its power requirement through renewable sources and reduce around 2,700 tons of CO? emissions every year. Sunsure will supply clean energy from its 82.5 MWp solar plant in Erach, Uttar Pradesh. The development also reflects Sunsure's growing presence in the state, where it recently commissioned its 10th solar plant and expanded its open-access capacity to over 260 MWp.Read more