Indian shares are seen opening flat to slightly lower on Wednesday as investors react to weak cues from global markets and await cues from the upcoming September-quarter earnings season.
The World Bank has raised its growth outlook for India to 6.5 percent from 6.3 percent for the current financial year, citing strong consumption growth, improved agricultural output and rural wage growth but trimmed its forecast for the next fiscal year, partly due to higher U.S. tariffs on exports.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.