June 2026 – Page 481

India’s Private Capex Cycle Expected to Recover in Second Half of 2026

Analysts noted potential upside to India’s GDP growth from a recovery in private sector capital expenditure in the latter part of 2026.

The AI investment landscape heated up ahead of planned IPOs from Anthropic and OpenAI amid surging demand for AI infrastructure.

The Stargate project involving SpaceX Oracle and OpenAI progressed with $500 billion committed to build AI data centers across multiple US states.

Deloitte’s India economic outlook highlighted reforms in fiscal monetary and labour policies as crucial levers for sustaining growth.

US tariffs on Indian goods including textiles and seafood continued to pressure Indian MSME exporters and labour-intensive sectors.

SoftBank announced a massive €75 billion commitment to develop 5 gigawatts of AI infrastructure capacity across France.

Anthropic’s latest funding round of $65 billion valued the AI safety company at $965 billion post-money surpassing OpenAI’s private valuation.

AI coding agent startup Cognition raised $1 billion in new funding valuing Devin the autonomous coding assistant at $26 billion.

India’s high public capital expenditure at 3.4 percent of GDP continued to underpin growth even as global trade headwinds intensified.

The government’s early GST slab simplification ahead of the festive season aimed to revive domestic demand and support informal sector recovery.