Aviation push: Adani Group enters MoU with Brazil’s Embraer to set up regional aircraft manufacturing facility

Adani Group on Tuesday entered in a strategic collaboration with Brazilian aircraft maker Embraer to set up a regional aircraft manufacturing facility in India, taking a step towards the country’s push towards indigenous manufacturing in civil aviation.Adani Defence & Aerospace and Embraer formalised the partnership with the signing of a Memorandum of Understanding, at an…

Read More

India, EU seal ‘mother of all FTAs’: 96% trade to go tariff-free; small cars and dairy stay protected

NEW DELHI: India and the European Union on Tuesday announced the finalisation of “mother of all FTAs”, that will result in gradual tariff reduction for 96% of exports from both sides, while keeping contentious items such as cereals and dairy products outside the ambit.While Indian textiles, marine products, leather and footwear, gems and jewelry, toys…

Read More

Silver price jumps almost 6%, gold breaks beyond $5,100: What is driving precious metals? | India Business News

Gold and silver futures jumped to a new lifetime high on Tuesday, buoyed by safe haven demand amid ongoing geopolitical tensions. On the Multi-Commodity Exchange (MCX) gold for February 5 delivery soared Rs 2,522 or 1.62%, to trade at Rs 1,58,559 per 10 grams, climbing Rs 2,522 or 1.62%, after briefly touching a record Rs…

Read More

‘Dollar assets gain favour among India’s wealthy as Rupee depreciates’

BENGALURU: India’s wealthy are increasingly looking to diversify into dollar-denominated assets, with some citing the GIFT City route as a preferred gateway to global investing, according to the India Luxury Residential Outlook Survey 2026 released by India Sotheby’s International Realty. A significant share of HNIs and UHNIs are concerned about the rupee’s depreciation against the…

Read More