‘Tariffs to hit growth in second half’: RBI governor Sanjay Malhotra on impact of Trump trade war; confident of India’s economic resilience

Sanjay Malhotra’s remarks assume significance at a time when the Donald Trump administration has imposed 50% tariffs on Indian exports. (AI image) RBI governor Sanjay Malhotra on Wednesday flagged trade and tariff related risks to India’s growth story, while expressing confidence about the resilience of the economy. In his monetary policy review statement, RBI governor…

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New online gaming rules kick in from today

NEW DELHI: A new era in online gaming begins from Wednesday with new law — that prohibits money games — coming into play. The Promotion and Regulation of Online Gaming Act 2025, which was passed by the Parliament in Aug, will become effective from Oct 1.The gaming industry, which earned nearly all its revenue from…

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India Inc credit profile gets boost from steady demand

MUMBAI: India Inc’s credit profile improved in the first half of FY26,with rating upgrades continuing to outpace downgrades across agencies. The improvement in credit profile was driven by resilient domestic demand and govt-driven infrastructure spending, offsetting the drag from escalating US tariffs.Credit rating agencies—CareEdge, ICRA, Crisil, and India Ratings (Ind-Ra)—said credit quality remained robust, aided…

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Trade deal talks with Qatar from next week

Commerce and Industries Minister Piyush Goyal NEW DELHI: Commerce and industry minister Piyush Goyal will visit Doha next week to kick off talks for a bilateral trade agreement, adding another Gulf nation to the bouquet of countries negotiating trade treaties with India. UAE already has a pact with India.Sources said the minister will travel to…

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US economy tracker: Consumer confidence falls in September; inflation and weak job market weigh

US consumer confidence fell sharply in September as Americans’ concerns over inflation and a weakening job market deepened, according to the Conference Board’s latest survey. The consumer confidence index dropped 3.6 points to 94.2, down from August’s 97.8, marking the lowest reading since April, when President Donald Trump implemented sweeping tariff policies.The index measuring Americans’…

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