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Finance Minister Nirmala Sitharaman said on Wednesday that India is working towards securing 25 per cent of global trade in the coming years. India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. Advertisement ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," t ...Read More >
New Delhi, Dec 17 ( UNI) India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. She said the global economic landscape is undergoing a major shift, with trade increasingly getting weaponised through tariff restri ...Read More >
New Delhi, Dec 17 (PTI) Silver futures rallied sharply by Rs 8,356 to hit a fresh record of Rs 2,06,111 per kilogram on Wednesday amid strong global cues, persistent supply concerns and expectations of rate cuts by the Federal Reserve next year. On the Multi Commodity Exchange (MCX), silver futures for March contract surged by Rs 8,356, or 4.2 per cent, to hit a fresh peak of Rs 2,06,111 per kilogram. It had closed at Rs 1,97,755 per kg on Tuesday. The May 2026 contract for silver also witness ...Read More >
New Delhi, Dec 17 (PTI) Silver prices surged to a new lifetime high of Rs 2,05,934 per kilogram in the futures trade on Wednesday, supported by a rally in the white metal globally amid signs of tightening supplies and expectations of rate cuts by the Federal Reserve next year. On the Multi Commodity Exchange (MCX), silver futures for March contract zoomed by Rs 8,179, or 4.14 per cent, to touch a lifetime high of Rs 2,05,934 per kilogram. The metal had closed at Rs 1,97,755 per kg on Tuesday. ...Read More >
India's real estate sector is poised for robust growth in 2026, driven by strong domestic consumption and sustained investor confidence. The market is expanding across commercial, residential, and industrial segments, with alternative asset classes like data centers and co-living attracting significant institutional interest. Evolving workplace strategies and infrastructure development are key growth drivers. India's real estate sector is set to enter 2026 with renewed momentum, supported by re ...Read More >
New Delhi [India], December 16 (ANI): The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama. The report stated that the overall export performance in FY26 so far has continued to soften. It added that the moderation in global trade could put additional pressure on India's export outlook in the coming months. In ...Read More >
CHENNAI: By growing its merchandise exports by 19.38 per cent in November, India has proved that no global uncertainty, slump in demand in its markets or trade tariff can affect its shipments. India also does not need a trade deal with the US as the shipments to the country have grown 22.6 per cent in November despite reciprocal and punitive tariffs of 50 per cent. As per the government trade data released on Monday, merchandise exports in November were up 19.38 per cent to $38.13 billion again ...Read More >
New Delhi [India], November 20 (ANI): India's export sector has delivered a powerful message of resilience and global competitiveness in by far in 2025-26, recording its highest-ever quarterly exports in both Q1 and Q2, and culminating in the highest-ever export performance for the first half of any financial year.This achievement comes at a time when global trade continues to be weighed down by geopolitical tensions, supply-chain disruptions, inflationary pressures, and uneven demand recovery a ...Read More >
The government has launched the Trade Intelligence and Analytics (TIA) portal, a consolidated data platform designed to give exporters, importers, startups and MSMEs real-time insights into global and domestic trade patterns. Commerce and Industry Minister Piyush Goyal said on Tuesday that the tool would equip businesses to make more informed decisions and strengthen their use of India's free trade agreements. Developed by the Department of Commerce, the TIA portal brings together multiple nat ...Read More >
Visakhapatnam, Nov 14 (PTI) World Trade Organization Chief Ngozi Okonjo-Iweala on Friday said India should take the leadership role in reform process at the WTO amid growing uncertainties at global trade front. She said that India's economy is growing at a healthy pace and it is a leader in areas such as technology. She said that there is a need to look at areas in the WTO which are not working and discuss ways to correct that. "'...and here India can be a leader, India should be a leader in ...Read More >
CHENNAI: Gold prices in Chennai surged by Rs 2,400 in a single day on Thursday (November 13), continuing a two-week streak of price fluctuations, with the yellow metal hitting ₹95,200 per sovereign (8 grams) and Rs 11,900 per gram. In the morning, a sovereign was sold at Rs 94,400 and Rs 11,800 per gram, rose by Rs 200. A day earlier, on Wednesday (November 12), gold had fallen by Rs 800 per sovereign, with a sovereign costing Rs 92,800 and a gram Rs 11,600. The present oscillating trend foll ...Read More >
A Memorandum of Understanding (MoU) for a capital investment of Rs 17 thousand crores was signed by Gujarat Maritime Board and Gujarat Pipavav Port Limited (APM Terminals) in Gandhinagar on Wednesday in the inspiring presence of Chief Minister Patel and AP Moller-Maersk Board Chairman Robert Maersk Ugla. In line with the vision of 'Samudra Se Samriddhi' given by Prime Minister Narendra Modi, the Gujarat government, under the leadership of Chief Minister Bhupendra Patel, has taken an important s ...Read More >
MUMBAI: While prime minister Narendra Modi stressed that it was the right time for investors to put money in India's maritime sector, the chief economic advisor (CEA) to the government of India V Anantha Nageswaran on Wednesday said that the country's GDP growth in FY 2025-26 would surpass the estimation of 6.3% and would be around 7%. Both were speaking at functions during India Maritime Week, being held from October 27 to 31 in Mumbai. The maritime week also saw a few key memorandums of unders ...Read More >
Itanagar: Arunachal Pradesh Chief Minister Pema Khandu said on Thursday that the state has immense potential, endowed with rich natural resources, unique agro-climatic conditions, and a strong tradition of craftsmanship. Inaugurating the two-day Arunachal Pradesh Reverse Buyer-Seller Meet (RBSM) 2025 at a city hotel here, the Chief Minister said the event marks a significant step toward positioning Arunachal Pradesh as a key contributor to India's export ecosystem. "From kiwi and mandarin oran ...Read More >
Mumbai: India's maritime sector forms the backbone of its economy, with over 95 per cent of the nation's trade by volume moving through the sea, Union Minister Sarbananda Sonowal said on Tuesday, adding that under the Net Zero by 2070 commitment, India aims to reduce carbon emissions per tonne of cargo by 30 per cent by 2030 and 70 per cent by 2047, making the sector a key driver of climate action. Addressing the 'India Maritime Week (IMW) 2025' here, Sonowal highlighted India's unwavering focu ...Read More >
CHENNAI: Sundram Fasteners reported Rs 140.27 cr net profit for the quarter ended September 30, 2025, its highest-ever, compared to Rs 130.64 crores during the previous year. The Chennai-based company has incurred Rs 149.67 crore as capital expenditure for the half-year ended September 30, 2025, in line with its planned capital expenditure for the financial year 2025-26. "These investments will help us scale in non-auto, EV, hybrid and adjacent spaces," a release said. The revenue from operati ...Read More >
VOC Energy Trust (NYSE:VOC - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 14,900 shares, a decline of 29.0% from the September 15th total of 21,000 shares. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily tradin ...Read More >
Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island Development Project will significantly boost India's maritime trade, multiplying its global share in the sector. Speaking at the inauguration of India Maritime Week 2025, Shah said India's democratic stability, naval strength, and strategic position between the Indo-Pacific and the Global South make it a rising maritime power. Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island De ...Read More >
CHENNAI: The price of 22-carat gold in Chennai, which has been oscillating lately, dropped by Rs 1,200 per sovereign on Tuesday (Oct 28). A sovereign (8 grams) now costs Rs 90,400, with the per-gram rate falling by Rs 150 to Rs 11,300. On October 27, a sovereign of gold had reduced by Rs 400 to Rs 91,600 (per-gram rate: Rs 11,450). On October 17, a sovereign had cost Rs 97,600 (gram: Rs 12,200), the highest it has recorded this year, only to fall later. Gold has seen a record rally this year ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin price is positioning for a potentially explosive move that could take it well beyond its previous all-time highs. Analysts are closely watching a critical resistance level near $116,000, which may serve as the final hurdle before BTC catapults into uncharted territory above $126,000. Crypto analyst Donny Dicey revealed in an X social media post this week that the $116 ...Read More >
India's maritime sector is the backbone of its economy. Nearly 95 percent of trade by volume moves through sea routes. The Maritime India Vision 2030 is driving modernization and expansion. Port capacity has doubled, and operational efficiency has sharply improved. Coastal shipping and inland waterways are also seeing significant growth. Long-term plans aim for further development and cost reduction. Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through mari ...Read More >
NEW DELHI (Reuters) -Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small busine ...Read More >
Mumbai (Maharashtra) [India], October 27 (ANI): Union Home Minister and Minister of Cooperation Amit Shah inaugurated the 'India Maritime Week - 2025' in Mumbai, Maharashtra, on Monday. On this occasion, Maharashtra Chief Minister Devendra Fadnavis, Gujarat Chief Minister Bhupendra Patel, Goa Chief Minister Pramod Sawant, Odisha Chief Minister Mohan Charan Majhi, Maharashtra Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and Union Minister for Ports, Shipping, and Waterways Sarbananda Son ...Read More >
NEW DELHI, Oct 27 (UNI) In its latest monthly economic review for September, the Finance Ministry maintained a strong growth outlook for FY26 amid uncertain global conditions. It said the growth will be supported by a positive demand outlook due to GST reforms, favourable monsoons, lower inflation, and monetary easing. However, the report cautioned that global uncertainties will continue to affect external demand, presenting downside risks to the growth outlook. The review by the Department o ...Read More >
India's economy is experiencing a robust boost from GST 2.0 and the festive season, with stronger consumption, increased sales across sectors, and improved consumer sentiment. Lower GST rates are driving demand and job creation, while high-frequency indicators show significant improvements, leading to upward GDP growth forecasts from the IMF and RBI. New Delhi, The rollout of GST 2.0 has started showing a positive impact on India's economy, with stronger consumption trends, higher sales across ...Read More >
Mumbai: "Odisha is committed to building a Strong Port-Led & Port-Based Economy & will transform our ports into engines of trade, industry, and employment -- driving India's growth journey for the next 25 years," said Chief Minister Mohan Charan Majhi, at the India Maritime Week 2025, being held Mumbai. Chief Minister of Odisha Mohan Charan Majhi joined the inaugural session of India Maritime Week (IMW) 2025, alongside Union Home Minister Amit Shah, who graced the occasion as Chief Guest. The ...Read More >
New Delhi: Goods and Services Tax (GST) cuts are set to bolster domestic demand by easing the tax burden on consumers and businesses, spurring consumption and investment across sectors, and supporting job creation, the finance ministry said in its monthly economic review for September, released on Monday. A strong performance in industry and services, along with a stable labour market, is expected to reinforce this momentum, the ministry noted. However, it cautioned that persistent global uncer ...Read More >
CHENNAI: The price of 22-carat gold in Chennai, which has been oscillating lately, dropped by Rs 400 per sovereign on Monday (Oct 27). A sovereign (1 sovereign = 8 gram) now costs Rs 91,600. Accordingly, the per-gram rate decreased by Rs 50 to Rs 11,450. On October 25, a sovereign of gold had risen by Rs 800 to Rs 92,000 (per-gram rate: Rs 11,500). On October 17, a sovereign had cost Rs 97,600 (gram: Rs 12,200), the highest it has recorded this year, only to fall later. Gold has seen a record ...Read More >
(RTTNews) - Indian shares are likely to open higher on Monday as global trade tensions eased, and soft U.S. inflation data fueled rate cut hopes. U.S. Treasury Secretary Scott Bessent said President Trump's threat of 100 percent tariffs on Chinese goods "is effectively off the table" and that he expects the Asian nation to make "substantial" soybean purchases as well as offer a deferral on sweeping rare earth controls. After two days of talks in Malaysia, a Chinese official said the two sides ...Read More >
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