Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment

Economic Times - Sep 18, 2026

Moody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving this optimistic economic outlook. This revised forecast surpasses projections from the IMF and S&P Global Ratings. However, elevated energy prices and potential El Niño disruptions remain key risks. Fiscal consolidation is expected to continue gradually over the next few years.

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'Life is a race': iPhone 18 sale sparks hilarious meme fest, from 3 Idiots to Baghban, as long queues form outside Apple stores across India
Sep 18, 2026
'Life is a race': iPhone 18 sale sparks hilarious meme fest, from 3 Idiots to Baghban, as long queues form outside Apple stores across India

The iPhone 18 Pro and iPhone 18 Pro Max sale in India triggered long queues outside Apple stores in Delhi, Mumbai and Bengaluru. Videos and photos of customers waiting from early morning or even overnight quickly became viral, with social media users turning the scenes into memes featuring references from 3 Idiots, Baghban and jokes about inflation, GST and expensive smartphones.

Pitbull attacks and severely injures six-month-old child in Sonipat, CCTV captures incident
Sep 18, 2026
Pitbull attacks and severely injures six-month-old child in Sonipat, CCTV captures incident

A six-month-old child was seriously injured after a Pitbull attacked the baby in Sonipat’s Sikka Colony while the infant was being taken for a walk by an aunt. CCTV footage captured the attack, showing the dog grabbing and dragging the child before nearby residents helped rescue the baby. The child was later referred to a Rohtak hospital for treatment.

TN bypolls: Nominations of 58 candidates accepted
Sep 18, 2026
TN bypolls: Nominations of 58 candidates accepted

The Madurantakam and Dharapuram bypolls will see a five-cornered contest with the Left parties announcing their candidates for the polls

Noel Tata tables ₹25,000 cr SP Group share monetisation plan for Tata Sons
Sep 18, 2026
Noel Tata tables ₹25,000 cr SP Group share monetisation plan for Tata Sons

SP Group owns 18% in Tata Sons and is looking at various ways to raise liquidity to repay debt

Kanimozhi meets former Bengal CM Mamata Banerjee in Kolkata as DMK outreach fuels third-front talk
Sep 18, 2026
Kanimozhi meets former Bengal CM Mamata Banerjee in Kolkata as DMK outreach fuels third-front talk

DMK leader Kanimozhi met Mamata Banerjee in Kolkata on Thursday. This meeting follows discussions with Uddhav Thackeray and Sharad Pawar. Strains between DMK and Congress have emerged recently. The TMC and Congress have also sparred over a West Bengal bypoll. Kanimozhi's outreach sparks speculation about opposition coordination efforts.

Small and midcap trade at up to 50% premium, says Bajaj Life CIO. Why largecaps look better now
Sep 18, 2026
Small and midcap trade at up to 50% premium, says Bajaj Life CIO. Why largecaps look better now

After years of outperformance by the broader market, Ravuri says largecaps now offer better valuation comfort, earnings visibility and room for recovery.

Landslides, heavy rain disrupt transport, residential infrastructure in Sikkim's Gangtok; DDMA initiates damage assessments
Sep 18, 2026
Landslides, heavy rain disrupt transport, residential infrastructure in Sikkim's Gangtok; DDMA initiates damage assessments

Continuous heavy rainfall has triggered landslides, mudflows and road blockages across Gangtok district, damaging homes and public infrastructure and disrupting connectivity. The District Disaster Management Authority has launched a multi-agency damage assessment, ordered road and debris clearance, and advised residents to avoid landslide-prone areas as teams inspect affected locations.

Landslides, heavy rain disrupt transport, residential infrastructure in Sikkim's Gangtok; DDMA initiates damage assessments
Sep 18, 2026
Landslides, heavy rain disrupt transport, residential infrastructure in Sikkim's Gangtok; DDMA initiates damage assessments

Continuous heavy rainfall has triggered landslides, mudflows and road blockages across Gangtok district, damaging homes and public infrastructure and disrupting connectivity. The District Disaster Management Authority has launched a multi-agency damage assessment, ordered road and debris clearance, and advised residents to avoid landslide-prone areas as teams inspect affected locations.

IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service prices
Sep 18, 2026
IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service prices

InterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priority check-in and boarding. The revisions increase passenger costs beyond base fares. IndiGo had reported a Rs 238 crore Q1 FY27 loss amid higher fuel expenses, despite strong revenue growth and expanding domestic and international operations.

Tata group stocks rise after Chandrasekaran reappointment
Sep 18, 2026
Tata group stocks rise after Chandrasekaran reappointment

Tata group shares rallied on Thursday as investors assessed the leadership decision, potential Tata Sons listing and an escalating legal dispute

Market to edge up as oil prices ease; IPO rush to cap upside
Sep 18, 2026
Market to edge up as oil prices ease; IPO rush to cap upside

Tata group stocks to remain in focus; crude oil prices ease amid sustained geopolitical tensions in West Asia

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