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IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial services

The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks to financial stability, particularly in emerging market and developing economies, and…

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Business August 5, 2026 · 11:13 am

RBI raises FY27 growth forecast, trims inflation outlook despite global headwinds; Governor cites resilient domestic economy

The Reserve Bank of India (RBI) on Wednesday struck an optimistic note on the domestic economy, raising its growth projection for 2026-27…

Business August 5, 2026 · 11:05 am

India services sector growth falls to 53-month low in July: HSBC PMI

India's service economy fell to 53.3 in July from 57.4 in June, marking the weakest growth rate in close to four-and-a-half years.…

Business August 5, 2026 · 10:57 am

RBI raises FY27 GDP growth forecast to 6.7 pc, projects inflation at 5 pc: Governor Malhotra

The Reserve Bank of India (RBI) on Wednesday revised its real GDP growth forecast for FY27 upward to 6.7 per cent from…

Business August 5, 2026 · 10:40 am

Hettich’s Quadro V6 Concealed Drawer Runner Offers Premium Furniture Performance

Mumbai (Maharashtra) [India], August 5: As demand for premium modular furniture evolves across residential, commercial, and hospitality projects, manufacturers are placing greater…

Business August 5, 2026 · 10:39 am

NuSummit Joins CREST AI Charter Founding Signatories to Advance Trusted AI in Cybersecurity

Plano (Texas) [US], August 5: Artificial intelligence is changing how organizations approach cybersecurity, from threat detection to security operations. As adoption accelerates,…

Business August 5, 2026 · 10:35 am

EP Biocomposites Strengthens ESG with Rooftop Solar Commissioning and Golden Book of World Records Recognition

Goa [India], August 5: EP Biocomposites Limited (BSE SME: 543595), a manufacturer of fibre reinforced polymer (FRP) products and wastewater treatment solutions,…