India’s approach to sourcing crude oil is increasingly tilting toward supplies that carry lower risk. (AI image) India and the US trade talks have so far failed to yield a deal, and Russian oil continues to play a role in any tariff relief that India would want from the Donald Trump administration. India faces 50%…
The rupee on Wednesday depreciated 31 paise to close at an all-time low of 91.99 against the US dollar, marking the second instance in less than a week that the currency has settled at its weakest-ever level, pressured by heightened month-end demand for the greenback and lingering geopolitical concerns, traders said.At the interbank foreign exchange,…
Canada has conveyed its intent to expedite the launch of formal negotiations for a free trade agreement (FTA) with India, signalling a reset in bilateral trade engagement after talks were paused in 2023, PTI reported citing an official statement on Wednesday.Canada’s Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu has invited Commerce…
The Indian Stainless Steel Development Association (ISSDA) on Wednesday described the India–European Union free trade agreement as a significant step in India’s global trade engagement, while cautioning that adequate safeguards will be needed to protect domestic stainless steel producers, PTI reported.India and the EU announced the conclusion of negotiations for the FTA earlier this week….
MUMBAI: Star Health and Allied Insurance reported a sharp jump in profitability in the December quarter, with net profit rising more than four-fold, aided by higher premium growth, improved underwriting performance and a surge in investment income.The Chennai-based standalone health insurer posted a profit after tax of Rs 449 crore in the third quarter of…
The Union Budget 2026–27 will be framed against an increasingly fragile global backdrop marked by geopolitical flux, volatile financial markets and a sharp rally in commodities, but India is expected to retain its macro stability with a calibrated fiscal strategy and sustained public investment, according to a pre-Budget assessment by State Bank of India Research.SBI…
Reintroduce tax holiday for affordable housing with a tweak that the eligibility for affordable housing should be based on size of flat rather than value. (AI image) By Adarsh RankaIndia’s real estate sector continued its strong growth trajectory in 2025, reinforcing its position as a core pillar of the country’s economic expansion.Government-led reforms continued to…
India’s industrial production growth accelerated to a more than two-year high of 7.8% in December 2025, driven by strong performances across mining, manufacturing and electricity, official data released on Wednesday showed.Factory output, measured by the Index of Industrial Production (IIP), had grown 3.7% in December 2024, PTI reported.“Industry momentum further strengthened in December 2025 as…
The Economic Survey presents an in-depth analysis of macroeconomic parameters. Economic Survey 2025-2026: Finance Minister Nirmala Sitharaman is expected to table the Economic Survey ahead of her Union Budget speech. The Parliament’s Budget session began on January 28, 2026 and the first phase is expected to conclude on February 13, 2026. The Union Budget 2026…
Though cotton anchors India’s agrarian economy, yet faces a critical paradox. (AI image) By Dr. M. RamasamiCotton occupies a critical place in India’s agricultural and industrial economy. It supports millions of farm households, feeds a globally competitive textile sector, and remains one of the country’s most widely cultivated commercial crops. Yet, despite this significance, cotton…
