US President Donald Trump has said that a proposed bipartisan Russia sanctions bill may not be necessary, even as lawmakers continue to push legislation that could allow tariffs of up to 100% on countries purchasing significant quantities of Russian oil and natural gas. The proposal has attracted global attention because it could affect major Russian...
Indian benchmark equity indices witnessed a weak start to trading as escalating crude oil prices and cautious global market sentiment prompted investors to reduce exposure to equities. The domestic market came under selling pressure across several key sectors, reflecting growing concerns over inflationary risks, corporate earnings, and the broader economic outlook. The benchmark BSE Sensex...
India is continuing negotiations with the United States for an interim trade agreement aimed at strengthening bilateral economic ties, while making it clear that discussions will be guided by national interests rather than external deadlines. Union Commerce and Industry Minister Piyush Goyal emphasized that India is focused on securing a fair and mutually beneficial arrangement...
The long-awaited Free Trade Agreement (FTA) between India and the United Kingdom is moving closer to implementation, with British authorities describing the pact as one of the most significant trade achievements in recent years. The agreement, which has been under negotiation for an extended period, is expected to strengthen economic ties between the two nations...
India and the United States are moving closer toward concluding a long-awaited bilateral trade agreement, with Prime Minister Narendra Modi and U.S. President Donald Trump expressing a shared desire to expedite negotiations and secure an early outcome. The development reflects the growing strategic and economic significance of the relationship between the world’s largest and fifth-largest...
India has taken a significant step toward cleaner and more sustainable transportation by enabling vehicles to operate entirely on ethanol fuel. The move forms part of the country’s broader strategy to reduce dependence on imported crude oil, strengthen energy security, and promote environmentally friendly alternatives. The development represents a major milestone in India’s transition toward...
Indian benchmark equity indices began the trading session on a weak note as investors reacted to escalating geopolitical tensions between the United States and Iran, coupled with a sharp increase in global crude oil prices. The developments heightened concerns about potential disruptions to global energy supplies and their impact on economic growth, prompting cautious trading...
Quick-commerce startup Zepto has disclosed in its draft initial public offering (IPO) documents that its co-founders, Aadit Palicha and Kaivalya Vohra, received summons from the Enforcement Directorate (ED) in connection with an investigation under the Foreign Exchange Management Act (FEMA). The disclosure brings regulatory scrutiny into focus as the company prepares for one of the...
In a significant policy move aimed at strengthening foreign capital inflows and enhancing the attractiveness of India’s debt market, the central government has announced the removal of capital gains tax and withholding tax on investments made by eligible foreign investors in government securities. The decision comes at a time when policymakers are seeking to reinforce...
A viral claim suggesting that the Reserve Bank of India (RBI) sold gold worth nearly $12 billion to protect the country’s foreign exchange reserves has been officially rejected, with authorities clarifying that no such transaction took place. The clarification came after reports and social media posts sparked widespread speculation regarding the central bank’s gold holdings...