International
Washington: Sergio Gor, a close aide of U.S. President Donald Trump and nominee for the post of U.S. Ambassador to India, appeared before the Senate yesterday and pledged to deepen strategic, economic, and technological ties with New Delhi. In a testimony that repeatedly underscored the personal rapport between Trump and Prime Minister Narendra Modi, Gor […]
Business Industry
Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations
Economy National
Global credit ratings agency Fitch Ratings has upgraded India’s economic growth forecast for fiscal year 2025–26 to 6.9%, raising it from the earlier estimate of 6.5%. Q1 Performance The revision follows a stronger-than-expected performance in the April–June quarter, when India’s real GDP grew 7.8% year-on-year, compared to 7.4% in the previous quarter. Fitch had earlier