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IMF Trims Indias FY27 Growth Forecast by 20 Basis Points After World Bank Revision

The International Monetary Fund IMF has revised down Indias GDP growth projection for the fiscal year 2027 by 20 basis points, aligning with a recent

The International Monetary Fund IMF has revised down Indias GDP growth projection for the fiscal year 2027 by 20 basis points, aligning with a recent downgrade by the World Bank. The revision, reported on October 14th, cites global headwinds and a perceived slowdown in domestic demand as primary concerns. Despite the downgrade, the IMF still projects India to be one of the fastestgrowing major economies. The adjustment reflects a cautious global economic outlook and the potential impact of international trade tensions and fluctuating energy prices on Indias growth trajectory, urging policymakers to focus on structural reforms to boost domestic consumption. Read More..

B2B Tech News | 12 days ago        

India and Canada Unveil New Roadmap to Reset Strained Relations, Focusing on Trade and Critical Minerals

India and Canada held talks in New Delhi on October 14th and announced a joint roadmap aimed at mending their strained diplomatic relations. The agree

India and Canada held talks in New Delhi on October 14th and announced a joint roadmap aimed at mending their strained diplomatic relations. The agreement focuses on crucial areas of economic cooperation, including trade, agriculture, and critical minerals. This move signals a strong intent from both nations to move past the diplomatic tensions caused by political disagreements. The roadmap emphasizes the need for reciprocal investment and aims to ensure resilient supply chains, particularly for highdemand resources like lithium and cobalt. Experts view this as a significant step toward normalizing ties and unlocking substantial twoway trade potential. Read More..

B2B Tech News | 12 days ago        

Sona Comstar Partners with NEURA Robotics to Enter Emerging Humanoid Robotics Market

Sona Comstar, a major automotive technology company, announced a strategic partnership with Germany’s NEURA Robotics GmbH on October 13th to codevel

Sona Comstar, a major automotive technology company, announced a strategic partnership with Germany’s NEURA Robotics GmbH on October 13th to codevelop and industrialize advanced robotics and humanoid technologies. This collaboration positions Sona Comstar to capitalize on the rapidly emerging humanoid robotics market, which is projected to see significant growth over the next decade. The partnership will leverage NEURAs AIdriven cognitive robot platform with Sona Comstars expertise in precision manufacturing and engineering. The move marks a significant diversification for Sona Comstar beyond its core automotive business, aiming to establish a strong footprint in the industrial automation and humanoid technology sector globally. Read More..

B2B Tech News | 2 months ago        

DMart Operator Avenue Supermarts Reports Strong 15.5% Revenue Growth in Q2 FY26

Avenue Supermarts Ltd., which operates the DMart retail chain, announced a solid performance for the second quarter of fiscal year 2026 on October 13t

Avenue Supermarts Ltd., which operates the DMart retail chain, announced a solid performance for the second quarter of fiscal year 2026 on October 13th. The company reported a 15.5% yearonyear increase in consolidated revenue, reaching ₹16,676 crore, driven by robust festive demand and store expansion. Consolidated net profit, however, saw a more modest rise of nearly 4% to ₹685 crore, with a slight pressure on margins. The company’s SameStore Sales Growth SSSG improved to 6.8% from the previous year, underscoring its continued success in the competitive valueretailing segment. This consistent growth trajectory validates DMarts strategy of focusing on lowcost operations and expanding its footprint across India. Read More..

B2B Tech News | 2 months ago        

Global Markets Dip as Trump Threatens 100% Tariffs on China, Escalating Trade Tensions

Stock markets across Asia and India opened lower on Monday, October 13th, reacting sharply to renewed trade tensions following President Donald Trumpâ

Stock markets across Asia and India opened lower on Monday, October 13th, reacting sharply to renewed trade tensions following President Donald Trump’s threat to impose 100% tariffs on Chinese goods. The escalation of the USChina trade war has heightened global economic uncertainty. Analysts suggest that increased tariffs could lead to rising US inflation, potentially forcing the Federal Reserve to delay expected interest rate cuts. High US interest rates typically draw investment away from emerging markets, putting pressure on global indices. Meanwhile, this geopolitical turmoil continues to fuel safehaven demand, helping gold prices maintain levels near the historic $4,000 mark. Read More..

B2B Tech News | 2 months ago        

Tata Capital Makes Tepid Stock Market Debut Despite Analysts LongTerm Buy Recommendations

Tata Capital experienced a subdued listing on Monday, October 13th, making a flat debut at only a 1.2% premium over its IPO price of ₹326 per share.

Tata Capital experienced a subdued listing on Monday, October 13th, making a flat debut at only a 1.2% premium over its IPO price of ₹326 per share. Despite the tepid start for what was India’s largest IPO of 2025, analysts from two domestic brokerages immediately issued Buy ratings, setting a target price of ₹360. Experts cited the company’s strong financial outlook, including projected ~34% CAGR in PAT over FY2527, and the backing of the reputable Tata Group as key reasons for longterm growth potential. The initial market response indicates that fair valuation at the time of listing left minimal room for immediate gains, but its strong fundamentals support a positive longterm outlook. Read More..

B2B Tech News | 2 months ago        

HCL Technologies Posts Steady Q2 Results, Management Predicts Early Signs of IT Spending Recovery

HCL Technologies announced its results for the second quarter of the fiscal year 2026 on Monday, October 13th, delivering a steady financial performan

HCL Technologies announced its results for the second quarter of the fiscal year 2026 on Monday, October 13th, delivering a steady financial performance amid a cautious global IT environment. While investors scrutinized the figures, CEO C. Vijayakumar noted positive client sentiment and a strengthening deal pipeline, suggesting early indications of a market recovery. The company’s commentary implies that the protracted slowdown in global IT spending may be stabilizing. HCL Tech emphasized its focus on AI integration and digital transformation projects as key growth drivers moving forward. The companys resilience reinforces its competitive position as the sector looks toward a potential upturn in the next two quarters. Read More..

B2B Tech News | 2 months ago        

India and UK Sign Landmark Trade Pacts to Deepen Strategic Partnership

During UK Prime Minister Keir Starmers visit to New Delhi, India and the UK inked a number of new trade and economic agreements, indicating a strength

During UK Prime Minister Keir Starmers visit to New Delhi, India and the UK inked a number of new trade and economic agreements, indicating a strengthening of their bilateral relationship. The agreements, which aim to increase investment and innovation, cover areas including infrastructure, clean energy, technology, and education. Starmer and Prime Minister Narendra Modi stressed progress on the proposed Free Trade Agreement, strategic cooperation, and mutual growth. These agreements include partnerships in green energy, academic exchanges, and joint ventures. Both countries have committed to a longterm economic collaboration, which is a major step in enhancing IndoUK relations. In the face of altering geopolitical dynamics, the visit underscores common priorities in digital transformation, sustainable development, and global trade leadership. Read More..

B2B Tech News | 2 months ago        



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