As India steps into 2026, a series of significant financial and regulatory changes will come into force from January 1, directly influencing household expenses, borrowing costs, and everyday banking. These updates span fuel pricing, credit systems, loan interest rates, and digital finance, making it crucial for consumers to understand how their monthly budgets may be...
Ahmedabad: Adani Group Chairman Gautam Adani on Thursday strongly criticised the allegations made by US-based short-seller Hindenburg Research, demanding a “national apology” from those who propagated what he described as “false and baseless narratives.” His statement comes after the Securities and Exchange Board of India (SEBI) officially gave the Adani Group a clean chit in...
The 56th meeting of the GST (Goods and Services Tax) Council begins today, September 3, at Vigyan Bhawan in New Delhi and will continue till September 4. This crucial meeting, chaired by Finance Minister Nirmala Sitharaman, is expected to bring major reforms to India’s indirect tax structure. A total of 33 members, including Finance Ministers...
Tokyo: Prime Minister Narendra Modi on Friday addressed the India-Japan Economic Forum in Tokyo, emphasizing the deepening strategic and economic cooperation between India and Japan. Speaking to business leaders and dignitaries, PM Modi highlighted India’s rapidly growing economy, stating that the “world is not only watching but counting on India.” During his speech, PM Modi...
New Delhi: The Confederation of Indian Industry (CII) has unveiled a detailed reform roadmap aimed at accelerating India’s economic transformation and achieving the vision of Viksit Bharat. The report, titled Policies for a Competitive India, outlines over 250 actionable recommendations across 14 critical areas, including GST, trade policy, employment, energy, and sustainability. CII has proposed...
Prime Minister Narendra Modi announced on Saturday that India’s foreign exchange reserves have surged to a record high, while S&P Global Ratings has upgraded the country’s long-term sovereign credit rating for the first time in nearly two decades. Addressing The Economic Times World Leader Forum in New Delhi, PM Modi said, “We have missed several...
Defence Minister Rajnath Singh on Friday slammed Pakistan Army Chief General Asim Munir for his remarks comparing India and Pakistan’s economies, saying Munir’s statement is a confession rather than mere trolling. Munir had described Pakistan’s economy as “a dump truck full of debris” while India’s economy is like a Ferrari running on a highway. Rajnath...
S&P Global Ratings stated on Tuesday that the recent hike in US tariffs is unlikely to impact India’s long-term economic growth prospects. The agency highlighted that India’s government remains committed to economic reforms and improving citizens’ living standards. After 18 years, S&P upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook, citing strong...
The government is set to implement a 100-day transformation agenda aimed at accelerating India’s journey toward becoming a developed nation, Union Commerce and Industry Minister Piyush Goyal announced on Monday at the second Lokmat Global Economic Convention. Goyal said the agenda will align with the ‘Panch Prans’ (Five Pledges) outlined by Prime Minister Narendra Modi...
In a move that escalates trade tensions between Washington and New Delhi, U.S. President Donald Trump on Wednesday signed an Executive Order imposing an additional 25% tariff on Indian exports, raising the total levy to 50%. This drastic step follows U.S. concerns over India’s continued purchases of Russian crude oil, despite repeated warnings from Washington....