International Financial News

Subscribe to enjoy similar stories. New Delhi: The Union Budget may promote adventure tourism as a new source of revenue for states, aiming to formalize the segment. Also, the budget is likely to announce schemes worth ₹500 crore to promote tourism, according to two government officials aware of the development.

Subscribe to enjoy similar stories. India is seeing a surge in private credit, and its flexibility compared to traditional bank loans is fuelling higher risk appetite in the country's deals environment, according to a top executive at a global investment bank. "India's private credit market is booming," Manisha Girotra, chief executive of Moelis India, told Mint.

Subscribe to enjoy similar stories. As revenue pressures mount at home, Indian media firms are finding their next growth opportunity abroad. Media and entertainment companies have been exploring global partnerships and strengthening their presence in several international markets over the past few months in a bid to gain from the higher paying propensity among diasporic Indians abroad.

Subscribe to enjoy similar stories. President Trump’s overtures about acquiring Greenland are now reviving questions among the U.S.’s NATO allies over whether Europe can make enough of its own weapons to fight independently of America. Defense analysts and lawmakers mainly conclude yes, but not just yet.

Subscribe to enjoy similar stories. New Delhi: ACME Group, one of India’s largest solar platforms, has signed an agreement to build a $1.4 billion, or about ₹12,422 crore, plant in Odisha that will produce 200,000 tonnes of green methanol to fuel ships, according to a top official at the company.

Subscribe to enjoy similar stories. “There are decades where nothing happens; and there are weeks where decades happen." The quote, often attributed to Lenin, aptly describes the first weeks of 2026. Over the last generation, several assumptions undergirded international relations and commerce.

Subscribe to enjoy similar stories. India has backed calls for a balanced outcome on cotton at the World Trade Organization (WTO), saying issues such as domestic support, market access and development assistance need to be addressed together.

Subscribe to enjoy similar stories. In the year commemorating the 250th anniversary of the signing of the Declaration of Independence, it is supremely ironic that 2026 could also mark a similar declaration by America’s historically staunchest allies. “We are in the midst of a rupture, not a transition," Mark Carney, Canada’s prime minister, starkly told the World Economic Forum in Davos, Switzerland, this past week.

Subscribe to enjoy similar stories. NEW DELHI : The air in Davos this year was thick with trepidation. It wasn’t just anxiety about the global economy that weighed on those gathered at the World Economic Forum.

Subscribe to enjoy similar stories. Back when I fancied myself a psychologist, someone once visited my home with a suitcase full of Kerala snacks, handing them out to people he thought deserved the gifts. As he stood there, he glanced at a newspaper on the table and said, “Oh, I see they've got my photo in the papers again".

Subscribe to enjoy similar stories. From the International Monetary Fund (IMF) raising India’s FY26 GDP growth projection to 7.3%, to weak core-sector output compared with pre-covid levels, India’s new deal with the United Arab Emirates (UAE), rising US–EU tensions over Greenland, and the push for small-ticket UPI loans amid rising household debt, here's this week’s news in numbers. The IMF has lifted its projection for India’s GDP growth in FY26 to 7.3% from its October estimate of 6.6%.

Subscribe to enjoy similar stories. Better late than never: One year into the second presidency of Donald Trump, the world has reached an inflection point, as Canada’s prime minister, Mark Carney, made explicit in his speech at an economic summit in Davos. Having tried and failed to appease Trump’s imperialist bullying, middle powers such as his own country must and will instead “act together, because if we’re not at the table, we’re on the menu." Acting together, Carney said, will take the form of “variable geometries." Countries, whether traditional friends or foes of the United States, may form ad hoc coalitions to pursue specific interests, trade pacts to replace commercial links to the US that Trump has damaged or severed, cooperation in new or existing multilateral forums or even new military alliances.

Subscribe to enjoy similar stories. InterGlobe Aviation Ltd (IndiGo) reported a steep 78% year-on-year fall in net profit to ₹550 crore for the December quarter (Q3FY26), hit hard by severe operational disruption in early December that led to large-scale flight cancellations. As a result, net profit for the nine months ended December (9MFY26) has slumped 97%, weighed down by forex losses and a sharp rise in other cost items in the first half of the year.

Subscribe to enjoy similar stories. DAVOS, Switzerland—The West avoided an open rupture this week. But, instead of celebrating, European leaders are bracing for more serious shocks to the trans-Atlantic relationship in the months ahead.

Subscribe to enjoy similar stories. President Trump touts his Board of Peace as an organization of accomplished leaders that will displace the United Nations, with him as permanent chairman. But so far it is a group of countries more interested in currying favor with him than in solving pressing conflicts.

Subscribe to enjoy similar stories. Bengaluru: After more than six decades as a privately held, family-run business, mattress maker Duroflex believes it is ready for the public markets, top executives of the company told Mint. The company’s evolution from a regional manufacturer to a national contender was driven by meeting specific internal benchmarks.“When we started the business, we had certain milestones in mind before we went public, including national expansion, revenue growth, and trade touchpoints," Jacob George, chairman and managing director of Duroflex Group, said in an interview.

Subscribe to enjoy similar stories. Blackstone Inc. and Temasek Holdings Pte are among the early aspirants for reigning Indian Premier League (IPL) champions Royal Challengers Bengaluru (RCB), two people familiar with the matter said.

Subscribe to enjoy similar stories. New Delhi: India had $686 billion of foreign exchange (forex) reserves at the start of 2026. This number is often trotted out as evidence of the Indian economy’s external invulnerability.

Subscribe to enjoy similar stories. NUUK, Greenland—As President Trump spoke Wednesday, Rikke Østergaard was anxiously refreshing news coverage at her desk, trying to understand whether the president had categorically ruled out an invasion. “My nerves are in flight or fight….

Subscribe to enjoy similar stories. Plastic pipes maker Supreme Industries Ltd did reasonably well in the December quarter (Q3FY26). Overall volume growth stood at 13% year-on-year and plastic pipes volumes rose at a higher-than-expected pace of around 16%, aided by integration of Wavin India's piping business.

Subscribe to enjoy similar stories. Escalating tensions over Greenland are supercharging a dynamic that was already under way: a shift in the world economic order that had put the U.S. at the center of the global economy.