Anant Chandak

India's manufacturing sector lost some momentum in November with growth decelerating to a nine-month low as stiff U.S. tariffs took a heavy toll on demand, a survey showed on Monday.

The Swiss National Bank will keep its policy rate unchanged at zero for a second consecutive meeting on Thursday and through 2026 as inflation hovers near the bottom of its target range, according to most economists in a Reuters poll who said the risk of negative rates was low.

India's private sector activity expanded at its weakest pace in 10 months in December on a slowdown in new orders and hiring slowed to a near-standstill, according to a survey of private businesses on Tuesday.

India's services sector expansion slowed to its weakest pace in 11 months in December as new business growth eased and hiring stalled, a survey showed on Tuesday.

India's private sector accelerated in February led by robust demand for goods even as services growth was broadly steady, according to a survey that also showed intensifying inflationary pressures.

India's factory activity expanded at its fastest pace in four months in February as strong domestic demand drove new orders and production, although export growth cooled to its slowest rate in nearly a year-and-a-half, a survey showed on Monday.

India's private sector expanded at its weakest pace in over three years in March as price shocks from the U.S.-Israeli war on Iran dampened domestic demand, yet international orders hit ​a record high, a survey showed on Tuesday.

Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to contract this year on ​spillovers from the U.S.-Israel war with Iran right on its doorstep.

India's private sector expanded at its slowest pace in three months in June as weaker demand growth weighed ​on both factory and services activity, while business confidence ‌slipped to its lowest level since January, a survey showed.

India's economic growth is ​expected to slow sharply this fiscal year from last year's robust expansion and recover only modestly the ‌following year, a Reuters poll of economists found, as weak private investment and higher oil prices triggered by the Iran war weigh on domestic demand.