Seth Carpenter, Chief Global Economist at Morgan Stanley, told CNBC-TV18 that India’s growth outlook remains robust due to both cyclical and structural drivers. “The Indian economy is clearly quite strong. And we have, as a research house, been bullish on the Indian economy for quite some time,” Carpenter said.

US services sector activity declined in May for the first time in nearly a year, with the ISM Services PMI dropping to 49.9. New orders fell, and price pressures rose.

Chetan Ahya, Chief Asia Economist at Morgan Stanley, shared his outlook on inflation, interest rates, bond yields, and currency trends with CNBC-TV18 from the sidelines of the firm's India Investment Forum.

India will consider legal uncertainties arising from US court orders on tariffs as it continues talks on a broader trade deal, aiming to secure tariff exemptions and reduce future retaliatory risk.

Companies reported higher expenses for cooking oil, materials, meat and overtime payments, leading to the strongest input price inflation since January.

Wang’s comments come after China accused the US of violating a trade deal reached in Geneva, saying Washington had introduced new discriminatory restrictions, including guidelines on AI chip export controls, curbs on chip design software sales to the Asian nation and plans to revoke Chinese student visas.

With the Reserve Bank Monetary Policy Committee (MPC) scheduled to meet from June 4 to June 6, experts expect the central bank to cut interest rates by 25 basis points (bps). Here are some insights into what experts and economists expect the Reserve Bank of India (RBI) to do in shielding India in a world trade order that has broken all conventions. 

WTO chief Ngozi Okonjo-Iweala has urged India to support the China-led Investment Facilitation for Development agreement, even as New Delhi remains opposed over concerns about policy autonomy.

Free trade and limited taxes key to stronger India-US partnership, says US Congressman Rich McCormick

Calling for an urgent review in the upcoming GST Council meeting to consider this, the “industry in its pitch to Finance Minister Nirmala Sitharaman, Revenue Secretary Arvind Shrivastava, and the Central Board of Indirect Taxes and Customs (CBIC) has suggested that once included, this move will help in reducing overall GST rates by integrating key sectors—petroleum products, electricity, and real estate—into the GST system,” sources added.