At present, the precise terms of the agreement have not been disclosed. (AI image) India-US trade deal: After months of stalemate, India and the US have finalised a trade deal that reduces tariffs imposed on New Delhi to 18%, placing the country at an advantageous position compared to other export competitors like China, Pakistan, Bangladesh,…
US Senator Lindsay Graham has linked the US trade deal to India lowering crude oil imports from Russia, and hailed Trump’s pressure tactics. (AI image) India-US trade deal: Lindsey Graham, the US Senator, who was propagating a bill that would impose 500% tariffs on countries buying Russian crude oil has said that India has ‘earned’…
NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from…
NEW DELHI: The Centre spent 5% of the funds allocated under the flagship package for employment and skilling in FY 2025-26, raising concerns over the incentive structure, targeting and implementation of the programme.The special package announced by the finance minister Nirmala Sitharaman in budget 2024-25 consisted of the internship scheme, upgradation of 1,000 govt run…
The Finance Ministry is considering raising the foreign direct investment (FDI) limit in public sector banks (PSBs) to 49 per cent from the current 20 per cent to strengthen their capital base, PTI reported.“We are still considering, and inter-ministerial consultation is on for raising FDI cap to 49 per cent,” Financial Services Secretary M Nagaraju…
Budget 2026: Top stocks to buy (AI image) Budget 2026 stock market picks: Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on February 1, 2026. Post the Union Budget, investors are wondering which stocks should they bet on. Motilal Oswal Financial Services shares its top 10 stock picks that investors can consider buying….
The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…
India’s factory activity picked up marginally in January after slipping to a two-year low the previous month. The sector was helped by strong inflows of new orders, even as sentiment among manufacturers weakened sharply, a monthly survey showed on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.4 in January…
AI image Inactive public sector enterprises (PSEs) should be considered for immediate closure to reduce fiscal strain on central and state governments, the 16th Finance Commission has recommended in its report while calling for deep reforms in the sector.The panel also said that land and buildings owned by inactive PSEs are valuable and could be…
Road out of troubled waters The Finance Commission has proposed a targeted push to accelerate and make India’s urban growth more orderly, focusing on strengthening mid-sized cities and bringing rapidly urbanising fringes of cities into municipal corporations.In its recommendations on urban local body (ULB) grants, the 16th Finance Commission has outlined two key priorities: integrating…
