INDIA GCC GROWTH 2026
Uranus Enters Gemini This Week (April 20-26, 2026): Major Breakthroughs, Mental Clarity & Growth for These 4 Zodiac Signs
Uranus, the planet of sudden change, innovation, and rebellion, shifts into Gemini between April 20-26, 2026, bringing a powerful wave of intellectual breakthroughs, communication shifts, and unexpected opportunities. This planetary movement creates a noticeable energy change from grounded Taurus to fast-moving Gemini, encouraging flexibility, learning, and fresh perspectives. As Gemini and Virgo Moon phases influence emotional clarity and decision-making, four zodiac signs are particularly positioned for growth, transformation, and new beginnings this week.
MSME activity expands but loses steam as global headwinds bite: PHDCCI survey
India's manufacturing MSME sector continues to expand. However, growth momentum is slowing. New orders and production are increasing at a slower pace. The outlook for the next quarter remains positive but cautious.
Horoscope Tomorrow, April 21, 2026: Career Momentum, Emotional Clarity & Financial Discipline Shape Your Day
Horoscope tomorrow, 21st April 2026, brings a powerful blend of communication, career growth, emotional clarity, and financial awareness across all zodiac signs. Tomorrow’s horoscope indicates that while professional opportunities and networking improve, careful decision-making and emotional balance will play a major role in maintaining stability. The horoscope for tomorrow encourages steady progress, thoughtful communication, and disciplined financial planning. Whether it is career advancement, relationship clarity, or health awareness, the daily horoscope tomorrow suggests that patience and practical thinking will help you transform challenges into long-term success.
Nippon India Mutual Fund dominates Akshaya Tritiya ETF volumes with 63% market share
Nippon India Mutual Fund demonstrated strong performance in Gold and Silver ETFs during Akshaya Tritiya 2026. The fund house secured a significant market share in combined volumes and investor base. This leadership highlights its consistent performance and superior liquidity, making it a preferred choice for Gold and Silver ETF investments in India.
AI majors building India base in Bengaluru boosting space demand
Bengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. European firm Mistral AI is also in talks to open a capability center, drawn by the deep engineering talent.
Iran conflict and global risks slow GCC expansion in India
Global geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertainty. Despite this, the overall value of India's GCC ecosystem is rising, driven by new capabilities in AI and product engineering, indicating a dual structure of insourcing and outsourcing.
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Volatile geopolitics slows GCC in March
Global geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones are expanding. Experts predict continued growth in greenfield centers if uncertainties ease. The GCC ecosystem is steadily rising, driven by new capabilities in AI and product engineering.
Horoscope Tomorrow, April 20, 2026: Major Career Opportunities, Financial Discipline & Relationship Growth
Horoscope tomorrow, 20th April 2026, brings a powerful blend of discipline, emotional maturity, and steady progress across all zodiac signs. Tomorrow's horoscope highlights career consolidation, thoughtful financial decisions, and deeper emotional awareness. While opportunities appear promising, the horoscope for tomorrow suggests that patience and planning will determine long-term success. This daily horoscope tomorrow encourages focusing on stability, strengthening relationships, and maintaining health routines to maximize the positive energy of tomorrow's horoscope.
Saudi Arabia bars visit visa holders from Hajj, entry restricted without permit
Saudi Arabia has prohibited all visit visa holders from performing Hajj this year, restricting entry to Mecca and holy sites solely to those with official permits. This strict measure, enforced from the start of Dhu Al Qi’dah until the 14th of Dhu Al Hijjah, aims to regulate pilgrim movement and ensure safety.
Fall in provisions help ICICI Bank's net profit in Q4 FY26
ICICI Bank's net profit rose 9% to Rs 13,702 crore in March 2026, driven by stable loan growth and a significant drop in provisions. Total advances increased 16%, with strong contributions from business banking and rural portfolios. The bank maintained a healthy net interest margin and stable asset quality.
India's economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth largest economy in 2025 in nominal terms, according to the International Monetary Fund, but it remains the fastest-growing major economy. The IMF projects India’s growth at 6.5% in 2026, far ahead of the United Kingdom.
Steel to stay costly through 2026, India to lead demand rebound in 2027: Report
Global steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite soft demand, steel prices are rising due to higher raw material costs, supply tightness, and geopolitics. Aluminium leads gains among metals, while copper, zinc, and nickel show mild declines amid continued global volatility.
Bank credit grows 16% in FY26, faster than deposits rise
Bank credit saw a significant 16% rise, reaching ₹219 lakh crore. Deposits grew 13.4% to ₹267.8 lakh crore by March 31, 2026. Investments also increased by 4.7%. This year-end surge in deposits and credit is a common trend. In the last fortnight alone, banks gathered ₹12 lakh crore in deposits and lent ₹6.1 lakh crore.
Karnataka unveils India's first quantum ecosystem map
Karnataka became the first state in India to unveil a comprehensive Quantum Ecosystem Map. The Science & Technology minister N S Boseraju said the initiative formally marks the launch of Phase-I of the State's Quantum Roadmap.
AMS to expand Pune GCC; plans over 400 professionals by 2026-end
Global talent partner AMS is expanding its Pune Global Capability Centre. The centre will grow to over 400 professionals by the end of 2026. This expansion supports increasing demand from international markets. India is a leading destination for Global Capability Centres. The Pune centre will focus on client services delivery and analytics.
IMF cuts China 2026 economic growth forecast to 4.4%
The IMF on Tuesday lowered its forecast for Chinese economic growth this year to 4.4 percent, despite reduced US tariffs and stimulus measures aimed at mitigating the impact of the Middle East conflict. The Washington-based organisation said "lower US effective tariff rates on Chinese goods, and stimulus measures offset the negative impact of the shock induced by the Middle East conflict" on the world's second-largest economy.
As AI moves into core operations, Future of Knowledge Work Summit 2026 draws India’s top decision-makers
With AI shifting from pilots to core business functions, organisations are rethinking how work is structured and delivered. The ET Future of Knowledge Work Summit 2026 brings together leaders examining what is working in practice, as companies move from experimentation to enterprise-wide adoption.
India’s office vacancy drops to 13.85% in Q4FY26, lowest since pandemic amid strong leasing demand
Office vacancy in India's top cities has reached its lowest point since the pandemic. This is due to companies returning to offices and Global Capability Centres continuing to lease space. Vacancy levels have declined significantly, reflecting strong demand for quality office spaces. Rental growth is also accelerating across major markets.
IMF raises India FY27 GDP growth forecast to 6.5% even as the world stumbles through conflict
The International Monetary Fund (IMF) has slightly raised India’s growth forecast for FY27 to 6.5%, up 0.1 percentage point from its January estimate, and expects growth to hold steady at the same level in FY28, even as it flags rising geopolitical risks from the war in the Middle East.
IMF raises India's growth forecast to 6.5% for FY27
The International Monetary Fund has raised India's GDP growth forecast to 6.5 per cent for the current fiscal year. India is set to be the world's fastest-growing economy. Other global institutions also show optimism for India's economic performance. Projections indicate continued strong growth in the coming years.
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infra
Recent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global infrastructure. India offers a secure and stable environment for data center expansion. Its robust policies and existing ties with the Gulf region make it a natural strategic partner.
IMD flags below-normal monsoon for 2026; rainfall seen at 92% of long-term average
India faces a potential challenge in 2026 with forecasts indicating below-average monsoon rainfall. The India Meteorological Department predicts precipitation at 92% of the long-term average. This outlook raises concerns for agriculture, water resources, and rural economies. The southwest monsoon is vital for irrigating half of India's farmland. A deficit season could impact crop yields, affecting food prices and economic growth.
India, Saudi Arabia discuss strengthening trade relations, enhancing energy supply
India and Saudi Arabia are boosting trade ties. Discussions focused on enhancing energy supply cooperation. Both nations are pushing for progress on a trade agreement with Gulf Cooperation Council countries. This comes as regional conflicts impact supply chains. India is also supporting its exports to Saudi Arabia and the wider Gulf region.
India engages Bahrain, Gulf Cooperation Council on stability and supply chains; Piyush Goyal holds virtual talks
Union Minister Piyush Goyal met with Bahrain's Industry Minister and GCC Secretary General. Discussions focused on regional stability and economic ties. Goyal expressed hope for lasting peace and emphasized smooth trade flows. India reiterated support for Bahrain's security and GCC countries' supply chain resilience. Both sides committed to strengthening economic partnerships.
India reiterates support to GCC on supply chain, food security
India has reaffirmed its commitment to assist the Gulf Cooperation Council with food supply chain issues. Commerce Minister Piyush Goyal held virtual discussions with GCC leaders. The focus was on strengthening logistics and exploring alternative trade routes. India also expressed hope for an enduring ceasefire in the region, crucial for its energy security.
Crisil warns of potential hit to India remittances amid West Asia conflict
India's remittance flow faces potential impact from the West Asia conflict. A third of diaspora inflows originate from Gulf Cooperation Council countries. A reduction in diaspora incomes could affect India's current account deficit. This comes at a time when the trade deficit is already under pressure. India is the world's largest beneficiary of remittances.
World Bank slashes 2026 Middle East growth forecast after energy sector turmoil
The World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ongoing conflict between the US and Iran. The closure of the Strait of Hormuz and damage to infrastructure have disrupted markets.
Ahmedabad’s strategic shift: From industrial powerhouse to India’s next IT & GCC destination
India's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emerging as key destinations. Driven by supportive government policies and significant private investment, exemplified by Ganesh Housing's Million Minds Tech City, this corridor offers cost-efficient enterprise office space and scalable infrastructure, positioning it as a vital hub for IT and GCC growth.
Omnicom GCC employee count to touch 8,000 post Interpublic deal
Omnicom Global Solutions India aims to boost its workforce to 8,000 employees this year. The company is integrating operations following a major merger. India is becoming a central hub for AI-driven marketing initiatives. The focus is on creating a unified marketing delivery engine and enhancing martech capabilities for global clients.
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