India’s GDP Grows 7.8%
Your daily dose of business news
🗞️ UIDAI Partners With Google for Aadhaar Mapping
The UIDAI has partnered with Google to display authorised Aadhaar enrolment and update centres directly on Google Maps.
The integration is expected to improve accessibility and reduce fraud by directing citizens to verified centres.
🗞️ PM Modi Invites Israeli Tech Firms to Invest in India
During his visit to an Israeli innovation exhibition, PM Narendra Modi invited tech firms to expand investments in India.
The outreach reinforces India’s push to attract advanced technology partnerships and capital inflows.
🗞️ India’s FY27 Growth Seen at 6.8–7.2%
India’s growth outlook for FY27 is projected between 6.8% and 7.2%, supported by ongoing tax reforms and policy continuity.
The forecast reflects improving business confidence and sustained domestic demand.
💬 Expert Take — “Tax reforms combined with capex momentum could help India sustain growth above 7% even amid global headwinds.”
🗞️ India’s GDP Grows 7.8% in Q3 FY26
Under the new data series, India’s GDP expanded 7.8% in Q3 FY26, highlighting resilience in manufacturing and services.
The revised base year provides a clearer reflection of current economic activity.
🗞️ Forex Reserves Dip to $723.6B
India’s forex reserves fell by $2.1 billion to $723.6 billion, though they remain near record levels.
The decline reflects currency management operations and global market volatility.
🗞️ Markets Fall 1% Amid AI, Earnings Concerns
Sensex and Nifty fell over 1% as global AI-related uncertainties and earnings pressures weighed on investor sentiment.
Technology stocks led the decline amid cautious global cues.
💬 Expert Take — “Despite short-term volatility, strong domestic fundamentals continue to provide structural support to Indian equities.”
🗞️ Jio Financial to Launch AI-Driven Financial Fitness Score
Jio Financial plans to introduce a Financial Fitness Score powered by AI-driven personalisation.
The initiative aims to enhance customer engagement and promote smarter financial decision-making.
📊 Market Update
📉 Sensex: 81,287.19 ▼ 961.42 pts (–1.17%)
📉 Nifty 50: 25,178.65 ▼ 317.90 pts (–1.25%)
🪙 Gold (per gram): 24K ₹16,157 ▲ ₹55 | 22K ₹14,810 ▲ ₹50
🥈 Silver (per kg): ₹2,85,000