Even with President Trump’s proposed tax on remittances, experts believe it won’t significantly shake up the Indian economy. Analysts highlight that India’s strong inflow of overseas funds, coupled with the unwavering support of its diaspora, will cushion any potential setbacks.
India has officially greenlit an exciting joint venture between HCL Technologies and Foxconn to set up a cutting-edge semiconductor manufacturing unit. This dynamic collaboration is set to supercharge domestic semiconductor production, significantly elevating India’s standing in the global tech supply chain
The EU and India are on the brink of finalizing a pivotal free trade agreement aimed at boosting economic ties and enhancing trade in goods and services. This partnership could reshape global trade dynamics, fostering growth and innovation in both regions.
India’s oil import dependence has surged to a record high, exacerbated by rising domestic demand and limited local production. This trend poses significant economic challenges and highlights the need for strategic energy policy reforms.
CNBC’s “Inside India” newsletter analyzes optimism surrounding Indian consumption stocks, anticipating a boost from potential tax cuts. Investors are closely monitoring government policies that could influence market dynamics and consumer spending trends.
India’s GDP growth is projected to have rebounded in the October-December quarter, fueled by increased government spending, according to a Reuters poll. Analysts expect this fiscal boost to enhance economic resilience amid global challenges.
