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Mumbai, Sep 13 (SocialNews.XYZ) The Indian equities displayed strong bullish momentum this week on hopes of stronger H2 FY26 earnings, driven by GST rationalisation and the benefits of monetary easing. Benchmark indices Nifty and Sensex ended the week with a gain of around 1.32 per cent and 1.21 per cent, respectively, with the rally driven by auto and IT stocks. Midcap and smallcap stocks outperformed the benchmark indices. The IT index exhibited its rally, driven by renewed hopes of a Fed ra ...Read More >
Chandigarh, Sep 12 (UNI) In a landmark move to fortify its maritime defenses, India is set to commission INS Aravali, the first naval base in Haryana, strategically located amidst the scenic Aravali hills in Gurugram. The inauguration will be presided over by Chief of Naval Staff Admiral Dinesh K. Tripathi, marking a significant step in enhancing India's vigilance over the Indian Ocean Region (IOR). INS Aravali is designed to serve as a nerve center for maritime domain awareness (MDA), equipped ...Read More >
Mumbai/New Delhi: "A pandemic shut borders, a war disrupted energy flows, and a ship stuck in the Suez Canal shook global logistics. And yet, in this turbulence lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub." Maruti Suzuki India MD & CEO Hisashi Takeuchi's call to action set the tone at the annual session of the Automotive Component Manufacturers Association of India (ACMA) on Friday as he invoked Prime Minister Narendr ...Read More >
New Delhi, Sep 12 (UNI) The European union and India are maximising their efforts to finalise negotiations on the FTA by the end of the year, said Maroš Šefčovič, EU Commissioner for Trade and Economic Security here today. Addressing the 65th Annual Session of the Automotive Components Manufactures Association of India, alongside Commerce Minister Piyush Goyal, Sefkovic said he has been working intensively with Minister Goyal, alongwith their teams, "to make progress on a groundbreaking Free Tr ...Read More >
New Delhi, Sep 12 (PTI) The Supreme Court-appointed SIT probing the affairs of Vantara, a zoological rescue and rehabilitation centre in Gujarat's Jamnagar, on Friday submitted a sealed cover report. A bench of Justices Pankaj Mithal and P B Varale took the report on record after the SIT counsel headed by former top court judge Jasti Chelameswar, submitted the report. "The SIT formed by this court has submitted a report in a sealed cover along with a pen drive which also contains the report as ...Read More >
Patna (Bihar) [India], September 12 (ANI): In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce and Industry, Piyush Goyal inaugurated the Regional Office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Patna at the Bihar Idea Festival held on 11th September, 2025 in Patna, Bihar, a release from Ministry of Commerce & Industry said. The occasion was graced by the Deputy C ...Read More >
Patna (Bihar) [India], September 12 (ANI): In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce and Industry, Piyush Goyal inaugurated the Regional Office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Patna at the Bihar Idea Festival held on 11th September, 2025 in Patna, Bihar, a release from Ministry of Commerce & Industry said. The occasion was graced by the Deputy C ...Read More >
New Delhi, Sep 1 (SocialNews.XYZ) India and the United Arab Emirates (UAE) have agreed to strengthen their Comprehensive Economic Partnership Agreement with a target of $100 billion for non-oil bilateral trade amid changing dynamics in world trade triggered by the sharp hike in US tariffs announced by US President Donald Trump. The issue was discussed at a meeting held by Union Minister of Commerce & Industry Piyush Goyal, with the UAE's Minister of Foreign Trade, Thani bin Ahmed Al Zeyoudi, la ...Read More >
Chennai, Sep 1 (UNI) The Tamil Nadu government today signed MoUs with three German companies securing a total investment of Rs 3,201 crore and creating employment opportunities for about 6,250 persons in the presence of Chief Minister M K Stalin, who later held discussions with senior executives of auto major BMW The MoUs were aimed and the discussions with BMW top officials were aimed at expanding these companies' expansion plans in Tamil Nadu. With the vision of making Tamil Nadu a one t ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie ...Read More >
Srinagar, Aug 28: According to the August 2025 edition of EY Economy Watch, the Indian economy is projected to grow significantly, reaching $20.7 trillion by 2030 and potentially $34.2 trillion by 2038. This optimistic outlook is driven by strong economic fundamentals, favourable demographics, and ongoing structural reforms. India currently holds the position of the fourth-largest economy in the world by nominal GDP, with an estimated size of $4.19 trillion. With a median age of just 28.8 years ...Read More >
The push to "swadeshi" or indigenous goods got yet another push from Prime Minister Narendra Modi on Monday, as India consistently hardens its stance against the US tariff regime affecting international trade. "Businessmen should keep a big board outside their establishments, saying they sell only 'swadeshi' goods," the PM said, referring specifically to the shopping season ahead on account of a series of festivals. He was speaking at an event in Ahmedabad in his home state of Gujarat. Also r ...Read More >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
Benchmark indices rebounded on Monday, with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential US Federal Reserve rate cut. Photograph: Shailesh Andrade/Reuters Buying in IT stocks were also instrumental in driving the markets higher. The 30-share BSE Sensex climbed 329.06 points or 0.40 per cent to settle at 81,635.91. During the day, it jumped 492.21 points or 0.60 per cent to 81,799.06. The 50-share NSE Nifty went up by 97.65 points or ...Read More >
New Delhi [India], August 21 (ANI): The Export-Import Bank of India (India Exim Bank) and ECOWAS Bank for Investment and Development (EBID) have signed a commercial credit line agreement of USD 40 million. The agreement will create new opportunities for Indian businesses to access the African markets, strengthening bilateral economic ties. India Exim Bank has consistently fostered enduring trade and investment partnerships that connect Indian capabilities with the developmental priorities of A ...Read More >
MUMBAI (Reuters) -India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign, minutes of the August meeting showed on Wednesday. The Reserve Bank of India held its key repo rate steady at 5.50% earlier this month, after cutting rates by 100 basis points so far in 2025. The six-member Monetary Policy Committee voted unanimously to retain a "neutral" stanc ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
- India's economic growth momentum remains strong and resilient, even in the face of rising US tariffs, according to S&P Global Ratings. In a major vote of confidence, the global rating agency upgraded India's long-term sovereign credit rating from 'BBB-' to 'BBB' with a stable outlook -- marking the country's first upgrade in 18 years. S&P attributed the upgrade to strong domestic demand, fiscal consolidation, and accommodative monetary policy. It forecast India's economy to grow at an average ...Read More >
Gold prices in India fell slightly on August 18, trading below Rs 1,02,000 per 10g for 24-carat gold. In Mumbai, it was Rs 1,01,170 per 10g. Gold Price In India, August 18: Gold prices fell marginally on Monday morning to trade below Rs 1,02,000 per 10 gram for 24-carat across India, amid signs of cooling of geopolitical tensions. In Mumbai, gold prices traded at Rs 1,01,170 per 10 gram for 24-carat gold. Likewise, the price for 22-carat gold was Rs 92,740 per 10 gram. Silver too witnessed a f ...Read More >
NEW DELHI: India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order. Past trade between the neighbours across the icy and high-altitude Himalayan border passes was usually small in volume, but any resumption is significant for its symbolism. The two major economic powers have long competed for strategic influence across South Asia. However, the two countries, caught in ...Read More >
CHENNAI: Export-Import Bank of India estimates that India's total merchandise exports for the ongoing September quarter will grow 4.5 per cent to $108.1 billion. The goods exports for the July-September quarter of FY26 is expected to grow to $108.1 billion from $103.2 billion in the same quarter of last year. While non-oil exports are forecast to amount $ 92.1 bn, with a y-o-y growth of 5.2 per cent, during July-September quarter of FY26, non-oil and non-gems and jewellery exports are forecast ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi [India], August 14 (ANI): India overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry. The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion. On the other hand, im ...Read More >
New Delhi [India], August 14 (ANI): India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion.On the other hand, impo ...Read More >
NEW DELHI: India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order. Past trade across the icy and high-altitude Himalayan border passes between the neighbours was usually small in volume, but any resumption is significant for its symbolism. The two major economic powers have long competed for strategic influence across South Asia. But caught in global trade and geopoli ...Read More >
Stocktwits - India's automobile market reported a mixed trend in July, with a minor dip in passenger vehicle sales, even as two-wheeler and three-wheeler sales rose. A SEBI-registered analyst noted that while rural demand was sustaining the retail momentum, the threat of rising US tariffs and high dealer inventories could pose a huge hurdle unless the upcoming festive season brings some respite. July Auto Sales: SIAM Data Passenger vehicle wholesales in India declined 0.2% year-on-year to 3,4 ...Read More >
India's wholesale inflation fell to -0.58% in July from -0.13% in June, marking a continued disinflationary trend, helped by a strong spring harvest despite uneven monsoons. Retail inflation also cooled to 1.55%, an 8-year low, falling below the RBI's 2-6% target band for the first time in over six years. India's wholesale inflation edged down to -0.58% in July from -0.13% in June, as per government data released on Thursday. A Reuters poll of economists had projected wholesale price index (WP ...Read More >
The outlook for air cargo over the coming months is uncertain, with a dynamic trade environment making it difficult to predict market developments. In a market update, freight forwarder DSV identified two key challenges for the air cargo market: The ending of the US de minimis exemption for China and increased ocean freight capacity via the Suez Canal. DSV explained that as a result of the ending of the de minimis exemption, e-commerce supply chains between China/Hong Kong and the US are shift ...Read More >
India's top five exporters are Gujarat, Maharashtra, Tamil Nadu, Karnataka and Uttar Pradesh, accounting for almost 75 percent of the total merchandise exports in FY25 The Central government wants states to provide support to exporters to cushion the blow from tariff-induced pain and has reached out to states such as Maharashtra, Gujarat and Tamil Nadu, a report by the Business Standard said on August 11. The report, citing government officials and exporters, said the President Donald Trump-im ...Read More >
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