India’s exports to US drop 22% due to Trump’s 50% tariffs; overall trade data suggests signs of resilient market diversification

India’s exports to the US also fell by 21.77% to $6.6 billion in January, largely due to the 50% tariffs imposed by the Donald Trump administration. (AI image) India’s merchandise exports grew marginally in January to $36.56 billion, up 0.61%. On the other hand, imports rose sharply by 19.2% to $71.24 billion, compared to $59.77…

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Franklin Templeton India SIP performance: Mid Cap fund returns 19.84%, Large Cap fund sees 17.42% annualised returns

Franklin Templeton India (Image/Website) Franklin Templeton India’s latest SIP performance factsheet for January 2026 highlights steady growth in its Systematic Investment Plan (SIP) book, alongside strong long-term performance across several equity mutual fund schemes.The fund house reported resilient SIP inflows during the month, with the number of active SIP accounts also rising, reflecting continued retail…

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$3.3 billion funding: Key real estate firms line up IPO listings in 2026 amid strong housing demand

Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…

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New record! China laps up discounted Russian crude as India reduces purchases; threat of US strikes on Iran adds to jitters

Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…

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New rail tech policy in works; India eyes major boost for domestic manufacturing

India plans to unveil a new “rail tech” policy in the coming weeks to boost domestic manufacturing of next-generation railway technology and equipment. Under the proposed framework, the Railway Board is expected to offer partial funding, technical support, and access to testing facilities to manufacturers. The policy is part of the government’s rail modernisation drive…

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Important PAN Card quoting changes: Draft income tax rules 2026 revises cash withdrawals & deposit, property transactions limits – check top details

There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…

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‘Concerns wrong’: Why Nasscom president is not worried about AI taking tech jobs

Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…

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US Presidents Day 2026: Are banks open in United States on February 16?

The United States is observing Presidents Day on Monday, Feb. 16, a federal holiday honouring the country’s presidents, especially George Washington. As Americans mark the occasion, one of the common question is what services, like Banking, etc., remain open and what’s shutdown.Since Presidents Day is one of the official federal holidays in the US, several…

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What is Singapore-India-Gulf subsea cable system that UAE’s du is investing in for high data connectivity?

du to invest in the subsea fibre optic network that will link six key locations, with landing points in Kalba in the UAE, Muscat in Oman, Mumbai and Chennai in India, Kedah in Malaysia and Singapore. In a major step for the UAE’s digital infrastructure ambitions, telecom provider du has announced a strategic partnership to…

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