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Mid-2025 Indian economy cautiously optimistic: Finance ministry

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India's economy shows cautious optimism in mid-2025, according to a finance ministry report, highlighting resilience despite global headwinds. Forecasts project FY26 growth in the 6.2-6.5% range, supported by robust domestic demand. However, the report cautions about slowing credit growth and potential risks from a global slowdown, particularly in the US, which could dampen demand for Indian exports. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1pvoAcE >
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At 1.5%, industrial growth slows to 10-mth low in June

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India's industrial output growth decelerated to a 10-month low of 1.5% in June, primarily due to contractions in the mining and electricity sectors. Sluggishness in capital goods and consumer durables further contributed to the slowdown. While manufacturing showed resilience, excess rains impacted mining and electricity, and demand signals remained mixed, particularly in urban consumption. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/V7kg2GO >
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Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment

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The rupee weakened to 86.70 against the US dollar due to month-end dollar demand and caution before trade and monetary policy decisions. A stronger dollar, influenced by the EU-US trade pact, and uncertainty over India's trade talks with the US also contributed. Weak domestic industrial output and declining forex reserves further pressured the rupee. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JjkoV7x >
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LIC bond activity: LIC steps up bond hedging with $1 billion forward rate agreement deals; partners JPMorgan and BofA in market push

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Life Insurance Corporation of India has significantly increased its presence in the bond derivatives market, engaging in $1 billion worth of forward rate agreements with global lenders like JPMorgan and Bank of America. These deals represent a substantial portion of the total FRA volumes since May, reflecting a growing interest among Indian institutions for hedging instruments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IRLhmk2 >
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Lenskart IPO: Shareholders approve Rs 2,150 crore initial public offering; DRHP filing likely soon, says report

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Lenskart's IPO plans have been formally approved by shareholders, paving the way for a stock market debut. The omnichannel eyewear firm aims to raise ₹2,150 crore as part of its public issue, potentially reaching $1 billion. Lenskart, valued at $5 billion in June 2024, saw its operating revenue rise 43% to ₹5,428 crore in FY24, with net losses narrowing significantly. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Lr6FE5K >
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NCRTC plan: Rail body begins sourcing power via exchange for Ghaziabad station; eyes Rs 1 crore cut in annual energy bill from first drawl point

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NCRTC has initiated electricity procurement through the power exchange for its Ghaziabad RSS, aiming to cut operational costs and boost green energy usage. This move, expected to save around Rs 1 crore annually from a single drawl point, aligns with NCRTC's goal to source 15% of its power from green sources. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/A7qrGW0 >
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'Let's call it seed money': Donald Trump says Japan to invest $550 billion in US to lower tariffs — but deal still unclear

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Donald Trump claims Japan will invest $550 billion in the US under a new trade framework, though details remain under negotiation. Trump suggests the US would receive 90% of profits from these investments, calling it a "signing bonus" linked to tariff reductions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CrmO1aL >
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