Ruchi Bhatia

India’s economic activity remained stable in May from a month ago, a flash survey by HSBC Holdings Plc showed Thursday.

India’s finance minister defended Prime Minister Narendra Modi’s call for austerity during the Iran war after opposition parties criticized the appeal, saying the conflict was creating external pressures on the economy.

India’s top officials sought to allay concerns about the economy as soaring oil prices roiled financial markets and the currency and weighed on growth prospects.

India is undertaking tests of some of its most sensitive public-facing financial and government application software to better understand their vulnerabilities to Anthropic PBC’s next-generation Mythos AI model, according to Indian officials familiar with the matter.

India’s risk assessments are latest sign of unease among govts & corporate boardrooms over Mythos, amid concerns over its own extraordinary ability to power potential cyberattacks.

India’s factory output grew 4.9% in April from a year earlier under a revised data series designed to better reflect structural changes in Asia’s third-largest economy.

India is set to launch a Producer Price Index for the first time, a step toward aligning with most advanced economies, giving policymakers a broader measure of inflation that captures price pressures across both goods and services in the world’s fastest-growing major economy.

India’s central bank left interest rates unchanged, as most economists expected, with policymakers seeking to cushion the economy while keeping the rupee in focus.

India’s economy grew faster than expected in the three months through March, despite rising energy costs linked to the Iran war and a weaker currency.

India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for policymakers will now be to sustain those flows in the face of economic threats beyond their control.