▶️ ADB Cuts India Growth Forecast: The Asian Development Bank (ADB) lowered India’s FY27 GDP growth forecast to 6.6%, citing higher global oil prices and external risks.
▶️ Electronics Manufacturing Gets Boost: The Centre reduced customs duty on key electronics and battery manufacturing inputs to strengthen domestic production.
▶️ India Inc Set for Strong Q1: Crisil expects India Inc’s revenue growth to reach a two-year high of 11–11.5% in Q1 despite geopolitical disruptions.
▶️ TCS Hiring Accelerates: TCS added over 9,200 employees in Q1, marking its fastest hiring quarter in nearly four years.
▶️ India-Australia Uranium Pact: India and Australia signed a uranium cooperation pact, while AustralianSuper announced an AU$500 million investment in NIIF.
▶️ AI Enters Higher Education: The Centre and Nasscom are working on an AI curriculum for undergraduate programmes to prepare students for future technologies.
▶️ SBI Attracts Forex Deposits: State Bank of India has mobilised over $1.5 billion in foreign currency deposits under the RBI’s special deposit window.
▶️ Solar Capacity Expands: Premier Energies commissioned a 5.6 GW solar module plant in Telangana, strengthening India’s renewable energy manufacturing ecosystem.
