Indian shares are likely to open a tad higher on Thursday as investors brace for the September-quarter earnings season, with TCS, India's largest IT services company, scheduled to report results after the market close later today. Tata Elxsi and GM Breweries are also due to report their quarterly earnings results.
Meanwhile, Union Commerce and Industry Minister Piyush Goyal on Wednesday said no power on earth can stop India from becoming a developed nation by 2047 and that the government is taking a series of initiatives to promote the domestic economy, build infrastructure and expand international trade.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.