The Times of India - Business (2 hours ago)
With the US accounting for nearly 35% of India's overall pharma shipments of over $30 billion in FY24-25, the move is expected to bolster growth prospects and pipeline visibility. A potential India-US trade deal offers long-awaited stability for the domestic pharma sector, which plays a critical role in supplying affordable medicines to the US,...
ReadThe Times of India - Business (2 hours ago)
Textile and apparel exporters are now expecting an increased sourcing by global brands as India will now enjoy one of the lowest tariff regimes among major Asian manufacturing hubs, with a marginal advantage over competitors, such as Bangladesh, Sri Lanka, Vietnam and China. The tariff relief is expected to create a level-playing field,...
ReadThe Times of India - Business (2 hours ago)
Seafood Exporters Association of India (SEAI) said it expects shipments to rebound following the conclusion of the India-US trade deal and the reduction of tariffs to 18%. "We are confident that with the conclusion of the trade deal and lowering of tariffs to 18%, the quantum of export of seafood from India to the US will show an increase and soon...
ReadThe Times of India - Business (2 hours ago)
There are strong reasons why India and the US should have strong trade ties. Each has comparative advantages and they have complementarities that explained the hope that the first trade deal under Trump 2.0 will be with India. But, things went haywire for reasons not related to trade: India's refusal to engage Trump's claims on Operation Sindoor...
ReadThe Times of India - Business (2 hours ago)
Most exporters spent early Tuesday with buyers discussing the way forward, especially with garment orders for the next season being finalised. "We are in talks with our buyers and they are very happy. The timing of the announcement has been very good as orders for the next season were being finalised. The future is looking very bright, and we need...
ReadThe Times of India - Business (2 hours ago)
As a result, cereals, maize, soybean and genetically modified food may be kept out of the bilateral trade agreement, which has been in the works since last Feb. Goyal said that Modi had managed to secure a very good deal for India, which was better than what US had offered to some other competing countries. Indian and American officials are...
ReadThe Times of India - Business (4 hours ago)
Peak XV, in a separate blog post, said it "mutually decided to part ways” with Agrawal, adding that Mittal and Sharma chose to join him. The firm did not disclose details of the new fund or its investment strategy. Together, the exits have thinned Peak XV's mid-generation leadership bench. Agrawal was part of the venture investing team and led...
ReadThe Times of India - Business (4 hours ago)
After Trump and Modi went public, officials have been engaged on the next steps. Commerce and industry minister Piyush Goyal said on Tuesday that a joint statement will be released shortly. Officials indicated that it should be ready in a few days, and will be followed by the vetting of the agreement before it is signed.
ReadThe Times of India - Business (4 hours ago)
Arvind Shrivastava, secretary, department of revenue, said the deal would deepen trade ties between 2 of the world's largest economies. He said it would create fresh opportunities for India's labour-intensive and manufacturing sectors in the US market, while also giving a push to collaboration in high and advanced technology areas and "give impetus...
ReadThe Times of India - Business (4 hours ago)
The RBI cut rates in Dec after the MPC placed greater weight on inflation slipping below the lower bound of the flexible inflation targeting framework. With inflation now expected to move higher, including under the new base-year series to be released from Feb 12, economists see limited scope for further easing. Growth is also expected to slow and...
ReadThe Times of India - Business (4 hours ago)
The Aug decision by US President Donald Trump to impose stiff tariffs on India for purchasing Russian oil had stunned policymakers and exporters. Financial markets turned choppy and triggered unease about the trajectory of growth. But the economy remained resilient and growth momentum robust as it navigated the turbulent period.
ReadThe Times of India - Business (4 hours ago)
The rupee jumped 124 paise to 90.27 against the dollar, its strongest single-day gain in seven years and the best since late 2018. The currency had closed at 91.51 in the previous session and has strengthened 165 paise over two days. The rebound followed a recent record low of 91.99, when corporate dollar hedging and concerns over capital outflows...
ReadThe Times of India - Business (4 hours ago)
Within this landscape, Tata Steel's Indian operations do not export to the US, though its UK unit does. In contrast, JSW Steel, with facilities in Ohio and Texas, produces steel locally, shielding it from import tariffs. Hindalco exports negligible aluminium and no copper from India to the US due to strong domestic demand.
ReadThe Times of India - Business (5 hours ago)
India's Union Budget 2026-27 brings welcome changes for NRIs in the UAE. Investment limits in Indian equities have doubled, making it easier to build stakes. Property sales compliance is simplified, reducing administrative hurdles. Overseas travel and education remittances see reduced taxes, lowering costs. These reforms aim to boost diaspora...
ReadThe Times of India - Business (5 hours ago)
The UK govt did not conclude a bilateral investment treaty, or arrangements in relation to legal services, new market access for financial services, or final arrangements for mutual recognition of professional qualifications, and India did not get "as much on the mobility issues as it would have liked”, the report says.
ReadThe Times of India - Business (5 hours ago)
So far in 2026, foreign portfolio investors (FPIs) have net sold stocks worth nearly Rs 35,000 crore in the Indian market. This comes on top of the Rs 1.7 lakh crore worth of stocks net offloaded in 2025. The sell-off, in turn, put pressure on the rupee. Despite strong central govt intervention, the rupee had depreciated over 6% since the start of...
ReadThe Times of India - Business (5 hours ago)
The feel-good rally that followed lifted sensex by nearly 4,200 points (5.2%) in early trades but soon profit booking at higher levels pulled it down a bit. After a steady session, sensex closed 2.5% up. On the NSE, Nifty too treaded a similar path and closed 639 points (2.6%) up at 25,728 points. According to A Balasubramanian, MD & CEO, Aditya...
ReadThe Times of India - Business (6 hours ago)
The Trump administration is finalising a trade agreement with India, which will see tariffs on industrial goods fall to zero. While India maintains protections for its agricultural sector, the deal is expected to significantly open up its industrial market. The US is also monitoring India's energy trade, noting opportunities for diversification and...
ReadThe Times of India - Business (6 hours ago)
The US will reduce tariffs on most Indian goods to 18% from 50% as part of a new trade agreement, aiming to address the large trade deficit. India has agreed to cut tariffs on a range of US products, including industrial goods, wine, and spirits, to zero. Sensitive Indian agriculture and dairy sectors remain protected under the deal.
ReadThe Times of India - Business (6 hours ago)
Indian drugmakers anticipate significant benefits from the proposed India-US trade agreement, offering much-needed clarity and stability for the lucrative US pharmaceutical market. This development is expected to boost expansion plans and growth prospects for major companies like Sun Pharma and Dr. Reddy's, enhancing their competitive edge and...
ReadThe Times of India - Business (8 hours ago)
India will significantly reduce crude oil imports from Russia, adhering to a US-brokered trade deal that lowers tariffs on Indian goods. While existing contracts will be honored, new orders for Russian crude will cease, except for Nayara Energy due to its unique circumstances. This move aims to boost Indian exports and diversify energy sources.
ReadNDTV - Business (10 hours ago)
The highlights of the new changes include allowing enhanced general free allowance; transfer of residence benefits; special allowances for jewellery; new provisions for temporary import/re-import; duty-free import of one laptop (for passengers above 18 years) and pets; and enhanced passenger facilitation.
ReadNDTV - Business (11 hours ago)
The move marks a strategic pivot for the Singapore-listed trust as higher global interest rates and currency volatility prompt real estate firms to rethink their funding structures. Increasing local borrowings would allow the trust to avoid a 15% withholding tax on Singapore-based debt and trim hedging costs.
ReadThe Hindu - Business (12 hours ago)
The share of Tamil Nadu, which was 4.079% in the 15th FC, rose to 4.097% now, accounting for a rate of increase of only 0.44%; as part of horizontal devolution, the weights assigned to the criteria of area, demographic performance and per-capita GSDP (Gross State Domestic Product) have reduced affecting States like T.N and Kerala
ReadThe Times of India - Business (12 hours ago)
Stock market today: Sensex and Nifty closed sharply higher on Tuesday, gaining around 2.5 per cent each, as investor sentiment was boosted by the announcement of an India US trade agreement that will see Washington lower reciprocal tariffs on Indian goods to 18 per cent.
ReadThe Times of India - Business (12 hours ago)
The Petitioner- woman and Respondent- man, both trained commercial pilots, were engaged on 07.03.2021. They claimed in their own words, instead of immediately performing marriage as per traditional Hindu ceremony, they obtained a marriage certificate dated 07.07.2021, from a private organization called Vadik Jankalyan Samiti (Regd.). And later,...
ReadThe Times of India - Business (14 hours ago)
At present, the precise terms of the agreement have not been disclosed. Greater clarity is expected once the United States issues an executive order addressing the tariff changes, while the formal trade agreement text is likely to spell out which sectors fall under the arrangement.
ReadNDTV - Business (14 hours ago)
Asias largest low-cost carrier suffered an operational meltdown in the first week of December that forced it to cancel 2,500 flights in three days. The chaos prompted an intervention by Indias aviation regulator alongside a fine, as management was singled out for blame in the disruption.
ReadThe Times of India - Business (16 hours ago)
According to MOFSL, this is a high-impact development and will have a multi-layered positive effect on the Indian economy, prevailing market sentiments, and sectors exporting to the US, which will benefit from better competitiveness. Key sectoral beneficiaries include Auto Ancillaries, Defence, Consumer, Textiles, EMS, Consumer Durables, IT...
ReadThe Times of India - Business (17 hours ago)
Gold price prediction today: Gold prices may continue to be under pressure in the near term and high volatility is expected in silver prices, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here's his outlook on gold prices:
ReadThe Times of India - Business (18 hours ago)
Rupee has been the worst performing Asian currency in the last year, with persistent selloff from Foreign Institutional Investors (FIIs) causing the rupee to hit a new record low of 92 versus dollar a few weeks ago. Trump has announced that tariffs on India will be reduced to 18% with immediate effect.
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