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India’s trade deficit may surge to $300 bn in FY26 despite lower oil prices: ICICI Bank Report

ICICI Bank projects India’s trade deficit to widen to USD 300 billion in FY26, driven by weak non-oil export performance despite moderate oil prices. Imports are expected to remain strong due to robust domestic growth. Steady service exports and remittances … Read More

More Indians now invest in equities as financialization of household savings rises: SBI

The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said … Read More