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...
The Indian stock market closed on a positive note for the second consecutive week, with the benchmark Nifty50 index posting steady gains. Investor sentiment remained upbeat as select sectors led the rally, though caution is building around mid-September, when traders expect heightened vola...
The Economic Offences Wing (EOW) of Cyberabad police has launched a detailed investigation into a land-linked Ponzi scheme that has reportedly cheated investors of nearly ₹2.45 crore. The case has raised fresh concerns over fraudulent real estate investment schemes targeting unsuspecting c...
The GST Council has approved a major restructuring of India’s indirect tax system, reducing the existing four tier slabs to just two 5% and 18% from September 22, 2025. Alongside this simplification, the council introduced a new highest tax rate of 40% aimed at “sin” and luxury goods. Good...
PIB: India’s bioeconomy is on the rise. According to Union Minister Dr. Jitendra Singh, who oversees Science and Technology, the sector has grown impressively and shows strong promise. After recording over $150 billion this fiscal year, India is now targeting a $300 billion bioeconomy by 2...
