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Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. Also Read | OpenAI Acquires TBPN. ...Read More >
Crude oil above one hundred dollars a barrel will push inflation past six percent. This could prompt interest rate hikes. Economists suggest a neutral approach for monetary and fiscal policies. Stimulating demand too early risks high inflation. Policymakers must balance growth and inflation control. Raising fuel prices can help manage the fiscal deficit. Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI's tolerance ba ...Read More >
Hyderabad (Telangana) [India], April 3 (ANI): India and Vietnam have significant opportunities to deepen cooperation in investment and the textile sector, a senior Vietnamese trade official said, highlighting the growing economic ties between the two countries. Bui Trung Thuong, Trade Counsellor and Head of Trade Office at the Embassy of Vietnam, told ANI that both nations, particularly regions like Telangana, offer strong potential for business collaboration. "We found that there are huge opp ...Read More >
Mumbai: A recent report by HSBC has warned that if crude oil prices remain above USD 100 per barrel, India's inflation could rise beyond 6 percent. This level is the upper limit of the Reserve Bank of India's (RBI) comfort range. According to HSBC economists, if oil prices stay below USD 100 on average, inflation may remain under control. However, if prices stay higher for a longer period, inflation pressure will increase sharply. Risk of Interest Rate Hikes If inflation crosses 6 percent, th ...Read More >
The AM Green India Golf Premier League (IGPL) unveiled its ten franchise squads in New Delhi, aiming to enhance golf tourism and player development in India. With a commitment of US$2 billion for infrastructure, the season includes 15 events, featuring both local and international venues. Cricket star Yuvraj Singh and Minister Gajendra Singh Shekhawat emphasized the league's potential to elevate India's global tourism profile. The AM Green India Golf Premier League (IGPL) on Thursday announced ...Read More >
Mumbai: India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. The rupee has come under pressure since the start of the West Asia c ...Read More >
New Delhi, Apr 3 (PTI) India is unlikely to be significantly impacted by US President Donald Trump's announcement of 100 per cent tariffs on certain patented drugs, as the country primarily exports low-cost generic medicines to America, think tank GTRI said on Friday. Trump signed an executive order on April 2, announcing the imposition of a 100 per cent ad valorem duty rate on the import of certain patented pharmaceuticals and associated pharmaceutical ingredients. The order, issued on April ...Read More >
Mumbai, Apr 3 (PTI) India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. The rupee has come under pressure since the start of t ...Read More >
Ahmedabad: Prime Minister Narendra Modi on Tuesday inaugurated Kaynes Technology's semiconductor manufacturing facility in Sanand, Gujarat and said India is strengthening its role as a reliable semiconductor supplier in the global market. He said the inauguration of the facility strengthens India's push towards self-reliance, which marks a landmark step in building a robust semiconductor ecosystem. Modi also launched and dedicated multiple infrastructure projects across Gujarat worth over ₹20 ...Read More >
New Delhi, Apr 3 (PTI) With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to increase supply of crude oil and natural gas to India even as the two sides agreed to further enhance the overall bilateral ties. The energy cooperation figured prominently in meetings Russia's First Deputy Prime Minister Denis Manturov held with National Security Advisor Ajit Doval and External Affairs Minister S Jaishankar on Thursday, people familiar with the mat ...Read More >
VMPL Mumbai (Maharashtra) [India], April 3: Trident Techlabs Limited (NSE: TECHLABS | BSE: 544170) notes that Hon'ble Prime Minister Shri Narendra Modi inaugurated the Kaynes Semicon OSAT (Outsourced Semiconductor Assembly and Test) facility at Sanand, Gujarat on March 31, 2026. The facility, developed under the India Semiconductor Mission with an investment of Rs. 3,300 crore, has commenced commercial production with a capacity of approximately 6.3 million semiconductor chips per day. As Mr R ...Read More >
New Delhi, Apr 3 (PTI) Auction house Saffronart on Friday announced that it registered two consecutive white glove sales worth Rs 301.45 crore, a large portion of which was made through the record-breaking sale of Raja Ravi Varma's 'Yashoda and Krishna' that sold for Rs 167.20 crore. A white glove sale is when 100 per cent of the lots are sold. The Mumbai-based auction house organised its Spring Live and Online Auctions on April 1-2. "Both the Live and Online Auctions saw 100 per cent of lots ...Read More >
New Delhi: The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27, 2026. At the ...Read More >
Hyderabad (Telangana) [India], April 3 (ANI): Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic market to sustain growth. Speaking to the media at the 13th Asian Textile Conference (ATEXCON 2026), the minister highlighted that the textile sector was among the first to be affected by rising trade bar ...Read More >
Telangana Industries Minister D. Sridhar Babu said global issues like US tariffs and West Asia conflict are impacting the textile industry. He urged a focus on India's large domestic market to sustain growth, leveraging local skills and technology. Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic m ...Read More >
Hyderabad (Telangana) [India], April 3 (ANI): Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic market to sustain growth. Speaking to the media at the 13th Asian Textile Conference (ATEXCON 2026), the minister highlighted that the textile sector was among the first to be affected by rising trade bar ...Read More >
New Delhi, March 31: India's foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday. The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable. The research firm ...Read More >
New Delhi, April 3 (SocialNews.XYZ) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to ...Read More >
New Delhi, Apr 3 (PTI) India's exports have sustained healthy momentum despite global headwinds and are expected to post positive growth in 2025-26, a senior official of the commerce ministry said on Friday. The exports and imports data for the month of March and the full 2025-26 fiscal year will be released by the commerce ministry on April 15. "At the end of March 31, despite the war, we will be closing the year with positive growth. US tariffs, so many disturbances all through the year, Ukr ...Read More >
New Delhi [India], April 3 (ANI): Digitalisation and AgriTech adoption in Southeast Asia could unlock a whopping $90 billion in annual GDP gains by 2033, with India leading the way, according to a study authored by Omnivore, Beanstalk AgTech, and Briter. The study argues that digitalisation and increased adoption could unlock these annual GDP gains by 2033, detailing how the region is currently navigating a sharp market correction. AgriTech investment across Southeast Asia peaked at over USD 75 ...Read More >
New Delhi [India], April 3 (ANI): Digitalisation and AgriTech adoption in Southeast Asia could unlock a whopping $90 billion in annual GDP gains by 2033, with India leading the way, according to a study authored by Omnivore, Beanstalk AgTech, and Briter. The study argues that digitalisation and increased adoption could unlock these annual GDP gains by 2033, detailing how the region is currently navigating a sharp market correction. AgriTech investment across Southeast Asia peaked at over USD 75 ...Read More >
The safe-haven asset gold has been subjected to a volatile cycle of highs and lows in recent times. While it declined on Monday, the yellow metal prices have rallied on Tuesday, March 31. In India, the gold prices for 24 karat gold per gram rose by Rs 103 to Rs 14,929, Rs 13,685 per gram for 22 karat gold, signalling a surge by Rs 95. Meanwhile, the prices for 18 karat gold surged by Rs 78 to Rs 11,197. The MCX remained closed for the morning session on Tuesday on account of 'Mahavir Jayanti', ...Read More >
New Delhi [India], April 3: For millions of Indians travelling abroad each year, one of the first challenges after landing has nothing to do with immigration queues or luggage belts. It is the scramble for mobile connectivity -- navigating unfamiliar telecom stores, paying steep roaming charges, or going without data until hotel Wi-Fi becomes available. A rapidly maturing technology is now poised to make that experience obsolete. Also Read | Airline Seat Policy Rollback: Govt Suspends 60% Free ...Read More >
HYDERABAD: Soon-to-be brides and grooms seeking shortcuts to shed pounds before the big day have become the latest consumer target for weight-loss drugs in India. New Delhi wellness clinic Klarity Skin Clinic touts a "Mounjaro bride" package, while other clinics have woven weight-loss injections into "pre-wedding" transformation packages typically focused on skin treatments and hairstyle makeovers. In a social media video, Klarity offers "guided nutrition, Mounjaro and smart workouts" to prepa ...Read More >
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes four years since its signing today, marking an important milestone in the evolving economic partnership between India and Australia, stated the Ministry of Commerce & Industry. Since its signing on April 2 2022, the Agreement has played a pivotal role in enhancing trade flows, fostering industry linkages, and creating new opportunities for businesses, entrepreneurs, and employment in both countries. Trade grow ...Read More >
Lucknow, Apr 3 (PTI) Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed support for the state's ambitious economic growth targets, officials said on Friday. Following the meeting on Thursday, Adani shared a post on X, praising the chief minister's vision for transforming Uttar Pradesh into a major economic powerhouse. The Adani Group chairman highlighted the roadmap presented by Adityanath, which aims to make Uttar Pradesh a USD 1 trillion econ ...Read More >
Reliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronouncements. The government reintroduced these levies on March 26 to encourage domestic fuel sales. These taxes are reviewed fortnightly. This move aims to manage global energy supply disruptions. Reliance operates two refineries in Jamnagar, Gujarat. The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries ...Read More >
New Delhi [India], April 3 (ANI): Vandana Bharti, AVP and Head of Commodity Research at SMC Global Securities, highlighted that the West Asian war is causing a significant disruption in global crude oil supplies, with 10 million barrels of oil missing from the market daily. Speaking with ANI on Thursday, she also shed light on the volatile shift in the global energy market. After a brief period of optimism earlier this week, the outlook for a ceasefire in the West Asian conflict has dimmed, rep ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Wednesday announced that historic schools Satyabadi Bana and the nearby Bakula Bana in Puri district will be redeveloped as a heritage tourism site at a cost of Rs 585 crore. Majhi visited Suando village in Satyabadi area, the birthplace of Utkalamani Pandit Gopabandhu Das, on Wednesday and paid floral tribute to the statue of Das. Addressing a gathering at an event organised at a nearby college to celebrate the statehood day, Majhi said ...Read More >
Bengaluru, April 3: Nandita Sinha, the chief executive officer of Myntra, is set to resign in the coming weeks, marking a significant leadership shift within the Flipkart group. According to sources, the company has already initiated the process of identifying her successor as it prepares for key strategic developments, including its much-anticipated IPO later this year. Sinha, who has been associated with Flipkart since 2013, played a crucial role in scaling Myntra into India's leading fashion ...Read More >
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