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New Delhi, Dec 5 (UNI) India has emerged as a major global hub for electronics manufacturing, recording a sixfold jump in overall production and an eightfold rise in exports over the past eleven years, said Jitin Prasada, union Minister of State for Electronics and Information Technology, in a response in the Rajya Sabha. Electronics production in India surged from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25. A significant contributor has been mobile phone manufacturing, whe ...Read More >
Mumbai, Dec 5 (PTI) Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-shar ...Read More >
Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 452.35 points to 86,159.02 -- its record peak. The 50-share NSE Nifty climbed 122.85 points to hit a lifetime high of 26,325.80. From the Sensex firms, Adani Ports, Bhara ...Read More >
New Delhi, Dec 1 (PTI) Gold prices surged by Rs 3,040 to Rs 1,33,200 per 10 grams in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association. Analysts said sustained jewellery demand amid the ongoing wedding season supported the precious metal. The precious metal of 99.5 per cent purity zoomed by Rs 3,040 to Rs 1,32,600 per 10 grams (inclusive of all taxes). Gold is now inching closer to its all-time high of Rs 1,34,800 ...Read More >
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 bi ...Read More >
New Delhi, Nov 20 (PTI) Reserve Bank Governor Sanjay Malhotra on Thursday said the central bank does not target any level of rupee, and the recent depreciation of the domestic currency against the US dollar is due to demand for the greenback. The governor also said that the Reserve Bank has "very good" buffers of foreign exchange reserves, and there is no need for concern on the external sector. Delivering the VKRV Rao Memorial Lecture at the Delhi School of Economics, Malhotra also said the f ...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 >
NEW DELHI -- When New Delhi's air quality plunged to "severe" levels this month, Gayatri Shrivastava switched on all three of her apartment's air purifiers -- two in the living room, one in the bedroom -- as a gray haze settled over the city. "Most of them are Philips," she told Nikkei Asia, adding ... ...Read More >
Mumbai, Nov 19 (PTI) The rupee closed 2 paise higher at 88.58 (provisional) against the US dollar on Wednesday, aided by buying momentum in domestic equity markets and lower crude oil prices overseas. Forex traders said a strong American currency and outflow of foreign capital prevented a sharp gain in the rupee even as investors were concerned about the progress on the proposed India-US trade deal. At the interbank foreign exchange market, the rupee opened at 88.57 and hit an intra-day high o ...Read More >
New Delhi, Nov 19 (PTI) Dedicated refinance window on the lines of NHB for the NBFC sector and aligning long-term capital gains tax with fixed deposits to encourage deposit mobilisation are some of asks presented before Finance Minister Nirmala Sitharaman on Wednesday during a pre-Budget meeting with the representatives of BFSI sector here. There is a need to create a dedicated refinance window for NBFCs (non-banking financial companies) to ensure a smooth and sustainable flow of funds and reso ...Read More >
New Delhi [India], November 17 (ANI): Aide to Russian President and the Chairman of the Maritime Board of Russia, Nikolay Patrushev arrived in India and held talks with National Security Advisor Ajit Doval, the Russian Embassy in India said on Monday. In a post on X, the Russian Embassy mentioned that Patrushev held talks with India's National Security Advisor Ajit Doval and India's National Maritime Security Coordinator Vice Admiral Biswajit Dasgupta. "Aide to the President of #Russia & Chair ...Read More >
New Delhi, Nov 17 (SocialNews.XYZ) India and the US are "nearing closure" of their talks for signing the first tranche of the proposed Bilateral Trade Agreement (BTA), Commerce Secretary Rajesh Agrawal indicated on Monday. Agrawal told journalists that the two countries have been holding regular virtual rounds of talks on the BTA. Although no formal deadlines can be set on the issue, the first stage of the trade talks is progressing swiftly, he added. US President Donald Trump sent positive si ...Read More >
US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, repor ...Read More >
NEW DELHI - Indian agricultural exporters are among the winners from U.S. President Donald Trump's exemption of dozens of food items from his reciprocal tariffs regime, which some analysts say could help to revive lost demand. Trump on Friday removed tariffs he had imposed on more than 200 food products, including beef, as consumer concerns mount over rising U.S. grocery prices. Unlike EU and Vietnamese suppliers facing 15-20% duties, Indian exporters of tea, coffee, spices and cashew nuts wer ...Read More >
Indian agricultural exporters gain from U.S. President Trump's exemption of dozens of food items from tariffs. This move could revive lost demand, benefiting exports of tea, coffee, spices, and cashew nuts. The tariff relief signals progress in U.S.-India trade talks, although competition and costs pose challenges. Indian agricultural exporters stand to benefit significantly following U.S. President Donald Trump's decision to lift tariffs on numerous food items, a move seen as a lifeline to rev ...Read More >
New Delhi [India], November 14 (ANI): Tata Motors Passenger Vehicles Limited reported its consolidated Q2 FY26 results. This is the first earnings announcement as an independent entity for TMPV following the Tata Motors demerger. According to an exchange filing by Tata Motors, the company's consolidated revenues stood at Rs 72.3K crore, down 13.5 per cent, while EBIT was at a loss of Rs 4.9K crore. The quarter also reported a PBT (bei) loss of Rs 5.5K crore. The company recorded a net profit o ...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 >
New Delhi, Nov 13 (SocialNews.XYZ) India is expected to remain the fastest-growing economy among the G20 nations with a growth rate of 6.5 per cent through 2027, despite the Donald Trump administration's tariff hikes, according to Moody's latest 'Global Macro Outlook report for 2026-27'. The report states that the pace of India's growth will be supported by robust infrastructure investment, strong domestic consumer demand, and export diversification. "Indian exporters, facing 50 per cent US ta ...Read More >
MUMBAI: The key domestic equity indices closed flat on Thursday, erasing early gains amid profit booking in IT and auto heavyweights, ahead of Bihar election results. Sensex ended the session at 84,478.67, up 12.16 points or 0.01 per cent. Continuing the previous day's rally, the 30-share index started trading higher at 84,525.89 against last session's closing of 84,466.51. However, the index traded volatile during the session and closed flat amid profit booking post the last three days ' rally ...Read More >
New Delhi [India], November 13 (ANI): Indian stock indices settled the Thursday trade largely steady, after witnessing a rollercoaster session, with intraday highs and lows around 600 points apart. Investors remained cautious as markets awaited updates on the potential US-India trade deal and the outcome of the Bihar elections, with counting scheduled for Friday. Sensex closed the day at 84,478.67 points, up just 12.16 points or 0.014 per cent, while Nifty closed at 25,884.90 points, up just 9 ...Read More >
Mumbai, Nov 13 (PTI) The rupee consolidated in a narrow range and settled for the day lower by 6 paise at 88.68 (provisional) against the US dollar on Thursday, as foreign fund outflows and continuous dollar demand from local importers, including oil companies, exerted pressure on the local currency. Forex traders said rupee is trading in a tight range, as overnight decline in crude oil prices and renewed optimism over US-India trade talks providing a steady anchor and restricted the downfall. ...Read More >
New Delhi, Nov 13 (PTI) The Enforcement Directorate (ED) has carried out searches at the premises of a businessman and his employees in Mumbai for allegedly evading customs duty to the tune of Rs 190 crore by creating fake export documents to misrepresent goods as being exported to Nepal and Bangladesh, while actually selling them domestically. ED officials said searches were conducted in the case of M/s Titan Sea & Air Services Pvt Ltd and others recorded on the basis of an FIR registered by t ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The recent Bitcoin price crash below $100,000 has sparked widespread concern across the crypto market, but major institutional players like JPMorgan remain unshaken. According to reports, JPMorgan analysts have issued a surprisingly bullish outlook for Bitcoin, forecasting a potential surge to $170,000 in the near future. The bullish prediction has caught the attention of the broa ...Read More >
Congress has criticised the Modi government. This follows US President Donald Trump's repeated claims. Trump stated he stopped the India-Pakistan conflict using trade. Congress leader Jairam Ramesh highlighted that a supposed trade deal with the US has become an ordeal for India. Exports to the US are declining. Trump's claims about Operation Sindoor's halt were also mentioned. The Congress on Monday took a swipe at the Modi government after US President Donald Trump repeated his claim that he ...Read More >
The investment will be channelled into reviving the automaker's Maraimalai Nagar facility near Chennai in Tamil Nadu, which will be retooled to produce over 200,000 engines annually. Ford Motor Co. plans to invest about ₹32.5 billion ($370 million) in India to manufacture high-end engines for export markets, marking a significant return to local production four years after shutting down operations in the country, according to a person familiar with the matter told Bloomberg. The investment wi ...Read More >
New Delhi: Air India, owned by the Tata Group, is facing severe financial turbulence due to ongoing tensions between India and Pakistan. CEO Campbell Wilson revealed that since April, the airline has incurred losses amounting to nearly Rs 4,000 crore. The reasons include not only Pakistan's airspace closure but also changes in U.S. tariffs and visa regulations that have affected operations and demand. Airspace Closure Deepens Impact Following the April 22 terror attack in Pahalgam, Jammu and K ...Read More >
New Delhi [India], October 30 (ANI): India's gold demand value in the July-September quarter of 2025 stands at Rs 2,03,240 crores, up 23 per cent from the same period last year, even as overall volumes decline, according to the World Gold Council's Q3 2025 Gold Demand Trends report.The quarter records total demand of 209.4 tonnes, lower by 16 per cent compared to Q3 2024, showing that higher prices lift value while reducing tonnage. Within this, jewellery demand comes in at 117.7 tonnes, down 31 ...Read More >
NEW DELHI: US President Donald Trump has repeatedly expressed his intent at stopping wars across the world. And, during his Asia tour, he appeared intent at calling a truce to the tariff war that he is held responsible for initiating. As in the case of ending armed conflicts, where he has succeeded in most, if not all, President Trump may have opened a space for truce, if not eliminating all uncertainties over trade relations in the current world order. Trump, who was seen as softening his st ...Read More >
New Delhi, Oct 30: The United States has granted India a six-month waiver from American sanctions on the Chabahar port project, the Ministry of External Affairs (MEA) announced on Thursday. MEA spokesperson Randhir Jaiswal confirmed that India's talks with the US for a trade deal are ongoing. Addressing a press briefing, Jaiswal said that India is closely assessing the implications of the recent US sanctions on Russian oil companies. "We are studying the implications of the recent US sanctions ...Read More >
India and the European Union are advancing free trade agreement negotiations. Key tariff issues are seeing good progress. An EU delegation will visit New Delhi soon to finalize technical tariff discussions. Both sides aim for a robust and balanced agreement. This pact is expected to bring the economies closer and foster mutual benefits. Commerce and industry minister Piyush Goyal Tuesday said his talks with the EU have "significantly reduced our outstanding issues" and laid the foundation for a ...Read More >
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