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September 23, 2026 1:02 PM

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Fitch Ratings raises India’s FY27 GDP growth forecast from 6.4% to 6.9%

Fitch Ratings has raised its forecast for India’s GDP growth in the current fiscal year to 6.9 per cent, up from its earlier projection of 6.4 per cent. In its June Global Economic Outlook, the agency attributed the upward revision to strong first-quarter growth and the resilience of the Indian econ...

September 23, 2026 12:58 PM

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ED conducts searches at 16 premises linked to McNally Bharat Engineering Company

The Enforcement Directorate’s Kolkata office is conducting searches at 16 premises across Kolkata, Delhi and Bengaluru linked to engineering firm McNally Bharat Engineering Company Limited (MBECL). The agency said that the search is being conducted under the Foreign Exchange Management Act, 1999 (FE...

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