India ranked as the world's 11th-largest destination for foreign direct investment (FDI) after inflows rose 44% in 2025, reinforcing its position as a key global investment hub, according to CareEdge Ratings' latest daily bulletin.
The report also highlighted continued momentum in the country's insurance sector, with the non-life insurance industry reporting a 15.9% year-on-year increase in gross direct premium underwritten in June.
India's electric vehicle (EV) auto component industry expanded 12.7% in FY26. However, rising imports pushed the sector into a trade deficit of $1.37 billion, the bulletin noted.
Globally, the US trade deficit widened to $77.6 billion in May as imports rose 3.3% while exports fell 3.2%.
US inflation expectations also edged higher, with one-year and three-year median inflation expectations rising by 0.2 percentage points, while the five-year outlook remained unchanged.
Meanwhile, China's foreign exchange reserves declined by $26 billion in June after the US dollar strengthened 2.3% against a basket of major currencies.
In commodities, Brent crude gained around 3% to $74.16 per barrel, while WTI crude rose 2.8% to $70.44 per barrel. Gold prices, meanwhile, eased 1.4% to $4,106 per ounce.
2026-07-08T04:40:23Z