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Finance Minister Nirmala Sitharaman affirmed the government's commitment to economic reforms despite global challenges, even as the RBI lowered its FY27 growth forecast. The government highlighted strong FY26 performance and introduced tax exemptions for foreign investors in government securities to attract capital.
Pakistan's foreign exchange reserves are nearing the $18 billion target, yet a widening trade deficit and upcoming debt payments raise economic stability concerns. Analysts warn the reserve build-up masks deeper vulnerabilities, with the rupee facing depreciation pressure. A soaring trade gap and potential decline in remittances could challenge the nation's financial outlook.
'Reform Express' to drive economic momentum amid global challenges: FM SitharamanCholan Tours launches women chauffeur service for tours in South IndiaProtecting rupee, forex & economy: Will government, RBI measures on attracting foreign capital help?'Success of reforms and hard work of 140 crore Indians': PM Modi hails 7.7% GDP growth in FY26India can return to 7% growth by FY28 despite near-term risks, says CEA Nageswaran
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US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopesPakistan's $35 billion trade deficit rings alarm bells as PKR faces pressure despite forex gain'Will reach $100bn in mutual trade': Putin calls India 'reliable partner', hails PM Modi's leadershipOil prices today: Crude falls as Hezbollah rejects US-backed ceasefire, traders assess conflict risks'Our interest is ending the conflict': Putin rejects claims Russia is cashing in on Iran war oil surge
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Crypto isn’t dead, it’s evolving rapidly to create a new worldUS tightens crackdown on crypto with lawsuits against Coinbase, BinanceBitcoin drops about 4%, slips below $30,000 amid crypto selloffCoinbase CEO: Crypto firms will develop 'offshore' without clear regulationsCryptoverse: Bitcoin miners escape the bear trap
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Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairmanParliamentary panel pulls up DoT on internet shutdowns; asks to keep record, assess its impactGovt gets 33.44% stake in Vodafone Idea post equity allocationReliance Jio launches 5G services in 50 more cities; total number hits 184No plans for entry into telecom sector: Adani group
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DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock ConsortiumMerger fast-tracked: AirAsia India flights to operate with Air India Express brandingIndian aviation market has huge potential waiting to be tapped: Top industry expertsLounge excess to crunch: International flyers feel the pinch at Delhi Airport's T3Vietjet to launch Kochi-Ho Chi Minh City flight in August
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