Internal Indian government documents reveal a proposed support strategy worth approximately USD 3.9 billion (roughly ₹32,500 crore) for the Adani Group, owned by Gautam Adani a close ally of Prime Minister Narendra Modi even as U.S. authorities bring charges of fraud and bribery against th...
Understanding how wars and instability abroad ripple through your daily expenses When news breaks about clashes in Gaza, tensions in the Red Sea, or sanctions in Europe, most Indians see it as a far away headline. But within weeks, the impact is often felt much closer to home at petrol pum...
A major Income Tax operation has unearthed an alleged ₹500 crore scam in dal (pulses) trading across Telangana and Andhra Pradesh, exposing a nexus of traders, middlemen, and officials suspected of manipulating government procurement and market supply. Raids Across Two States Over the past...
India’s private sector continued to grow in September, but the pace eased compared to August, according to the HSBC Flash India Composite PMI released today. The headline index fell to 61.9 from 63.2 in the previous month still well above the neutral 50 mark that separates growth from cont...
India’s foreign exchange reserves have risen by $2.3 billion, reaching a total of $659 billion, the highest level in over a year. This increase underscores the country’s robust external financial position and resilience against global economic uncertainties. Key Drivers of the ...
The latest round of India U.S. trade talks has been described as “positive and forward-looking,” signaling a renewed effort to resolve long-standing tariff and market access disputes between the two nations. According to officials, the discussions covered a wide range of topics including t...
India’s stock markets saw a mild dip today as investors engaged in profit-taking following recent upward trends. The benchmark indices Nifty 50 and BSE Sensex fell approximately 0.39% and 0.44% respectively, reversing gains made in the past few sessions. What Triggered the Drop Profit taki...
Megha Engineering & Infrastructures Ltd (MEIL) has secured a landmark contract worth ₹5,700 crore to build and operate India’s first private sector Strategic Petroleum Reserve (SPR). The facility will be established in Padur, Karnataka, with plans to hold 2.5 million metric tonnes (MMT...
Fitch Ratings has revised India’s economic growth forecast upward to 7.2% for FY2024-25, citing strong domestic demand, government spending, and resilience in key sectors. The agency highlighted that despite global economic uncertainty, India’s fundamentals remain robust. The report noted ...
New Delhi: India and the United States will resume high stakes trade talks on Tuesday, as both countries look to ease recent trade tensions that have escalated over tariffs related to India’s energy purchases. The meeting is seen as a crucial step toward resolving disputes and restoring sm...
