Logistics also supports their claim: typically, cargoes from Russia is booked about 10 weeks in advance Despite US President Donald Trump’s assertion that India has promised to halt Russian crude oil imports, government sources said that New Delhi will continue to procure the geopolitically-sensitive commodity from “non-sanctioned entities” including from Moscow....

The EC-06 electric scooter is priced at ₹1.67 lakh (ex-showroom, Delhi) India Yamaha Motor (IYM) on Tuesday forayed into the EV segment with the launch of an electric scooter — EC-06 — priced at ₹1.67 lakh (ex-showroom, Delhi). This launch is a direct contribution to the Government of India’s ‘National Mission on Transformative Mobility’ and aligns with the nation’s ambitious goal of achieving Net-Zero emis…

While Leonardo’s civil helicopters are flown by top industrial houses, the company has had a controversial past with defence contracts in India Adani group and Leonardo have teamed up to establish a fully integrated helicopter manufacturing ecosystem to cater to requirements of Indian armed forces....

·       Sensex surges over 2,000 points on India-US trade deal, posts biggest single-day gain since November 2024 https://bit.ly/4thoqqw ·       Rupee rises and shines on India-US trade deal, jumps 122 paise to close at 90.27/$ https://bit.ly/4rxeszH ·       Goldman Sachs upgrades India’s CY26 GDP growth to 6.9% after US tariff cut…

The Kremlin emphasized the importance of its strategic partnership with India following US President Trump's announcement that India would halt Russian crude purchases as part of a deal to boost US trade. Russia reiterated its commitment to developing ties with New Delhi and its willingness to engage in strategic arms dialogue. The Kremlin on Tuesday said that India-Russia strategic partnership holds utmost importance, following US President Dona…

  ·       US tariffs on India cut to 18% under trade deal, Trump says https://bit.ly/3ZegjNO ·       India manufacturing PMI rises to 55.4 in January, signals sector rebound https://bit.ly/4r2JuQk ·       'Chennai-Bengaluru in 1:13 hours, Varanasi-Siliguri in 2:55': Ashwini Vaishnaw maps high-speed rail plan https://bit.ly/3M9Ivyf &…

Singapore ·       Singapore factory activity accelerates on demand for AI products and chips https://bit.ly/3Zh5Ktk ·       Singtel shares jump on report telco, KKR near deal to buy STT Global Data Centres https://bit.ly/4taG678 ·       Singaporeans queue up to buy gold as prices plunge https://bit.ly/3LPLJqO ·   &n…

Union Budget 2026: India has already transferred its principal commitment of $120 million toward the development of Chabahar’s Shahid Beheshti terminal, says Brahma Chellaney Union Budget 2026 | India's decision to make no budgetary allocation for the Chabahar port project in Iran this year should be read as a tactical pause, rather than a signal of strategic withdrawal, geostrategist Brahma Chellaney said on Sunday. He, however, warned tha…

UAE ·        UAE President and Sheikh Mohammed bin Rashid inaugurate World Laureates Summit in Dubai: World’s largest gathering of Nobel Prize winners, global scientific laureate https://bit.ly/3Mh9Mis ·        Etihad Rail confirms readiness to launch 2026 passenger trains, announces 30 percent completion of Hafeet Rail https://bit.ly/3ZILXmC · &…

Capex up 22% at ₹17.14 lakh cr; electronics parts manufacture allocation doubled to ₹40,000 cr; SME Growth Fund gets ₹10,000 cr; markets crash on higher STT on F&O Finance Minister Nirmala Sitharaman faced a challenge while framing the Budget for 2026-27. With tax reforms all done in recent times, what was it that she could do new this year? She turned to the future.....

·       FM Sitharaman takes a shot at securing the future https://bit.ly/4qd4ORE ·       Union Budget 2026: Fiscally conservative, with policy push for key sectors https://bit.ly/3NJH1vn ·       A long-game Budget: FM pushes capability-building for growth resilience https://bit.ly/4kcwjt7 ·       FM: …

The IPO includes a fresh issue of equity shares worth INR 660 crore (about USD 73.3 million), alongside an offer for sale (OFS) of 2.86 crore shares.  Insurtech firm Turtlemint has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its upcoming initial public offering (IPO). This step follows regulatory approval from SEBI granted last month for the company's IPO plan. The IPO inclu…

Reserves rise to a fresh peak after 17 months, aided by higher gold prices and revaluation gains, even as the rupee remains under pressure amid FPI outflows India’s foreign exchange (forex) reserves rose to a record high of $709.41 billion in the week ended January 23, latest data from the Reserve Bank of India (RBI) showed. The total reserves increased by $8 billion during the week on the back of a rise in gold reserves and foreign currenc…

  Lower deficits and stable yields leave India better positioned compared to major economies As the Finance Minister readies to present the Budget for FY27 on Sunday, all eyes will be on the fiscal deficit number. In this context it would be worth revisiting the contrasting fiscal trajectories that have emerged over the past few years, wherein India has embarked on a path of fiscal prudence while most major global economies have tilted towar…

Dr. Vien Doshi | My Ind Makers India's economy continues to deliver robust performance, with real GDP growth projected at 7.4% for FY 2025-26, strong domestic consumption, manufacturing gains, and resilient services exports positioning it as a global standout amid slower worldwide growth. Fundamentals remain solid, with low inflation (recently 0.7-1.3%), foreign exchange reserves above $680 billion, and a narrowing current account deficit. Despit…

Vedanta aims to list four demerged entities by mid-May after April 1 effectiveness, as the conglomerate restructures to unlock value and support growth. Vedanta Chief Financial Officer Ajay Goel said the conglomerate aims to list its four planned demerged units on stock exchanges by mid-May. The natural resources group is nearing the end of a planned restructuring, which won ‍approval ⁠from the National Company Law Tribunal i…

CEA V Anantha Nageswaran says industry cannot be protected forever, backs reforms for sustained 7% growth, and stresses innovation and exports as key to India's economic future Domestic industry cannot get protection in perpetuity but in return for export performance and innovation, says Chief Economic Advisor V Anantha Nageswaran, a day after the Economic Survey was tabled in Parliament. In a videointeraction with Ruchika Chitravansh…

Regulator’s approval unlocks DRHP process after nearly a decade; settlement move on co-location cases and surge in unlisted shares signal listing momentum The Securities and Exchange Board of India (SEBI) has issued a No Objection Certificate (NOC) for the National Stock Exchange’s proposed initial public offering (IPO), clearing a key regulatory hurdle that has held up the country’s largest bourse from tapping public markets fo…

As power demand accelerates driven by renewables, electrification and AI data centres, the material intensity of clean energy is becoming the binding constraint The 2025-‘26 Economic Survey has raised concerns that the world will soon run short of copper due to the massive proliferation of AI-enabled data centres and the current state of exponential growth in power demand....

·       Economic Survey projects growth rate for FY27 between 6.8%-7.2% https://bit.ly/46oabGz ·       Silver futures soar over ₹4 lakh a kg in India; precious metals pare gains late evening https://bit.ly/4qS7ZPY ·       World will soon run short of copper due to power demand, AI data centres: Economic Survey https://bit.ly/45ACGRg &m…

·       Vi unveils three-year growth plan, lines up Rs 45,000 crore https://bit.ly/4rq5ww5 ·       L&T wins Rs 5,000–10,000 crore Riyadh Metro extension contract https://bit.ly/4ka7XjV ·       No delivery delays, Boeing to supply 25 planes to Indian airlines in 2026 https://bit.ly/3LRWzMX ·     &…

The smelter expansion will add 3.6 lakh tonnes per annum capacity, while the newly commissioned FRP facility will produce 1.7 lakh tonnes annually Hindalco Industries announced a ₹21,000-crore expansion of its aluminium smelter ‘Aditya Aluminium complex’ at Sambalpur, Odisha, on Tuesday, while commissioning a ₹4,500-crore flat-rolled products and battery foil manufacturing facility. The projects were inaugurated by Odish…

3M sees opportunities in safety, electrical markets, and particularly in the automotive aftermarket 3M’s Chris Goralski, Group President, Safety and Industrial Business Group, says he sees the Indian market growing faster than the global market for the company. “India is definitely on the higher end of our growth markets. Globally, we grew just over 3 per cent for the year. India is significantly higher than that,....

·       India-EU FTA won’t impact mass market cars https://bit.ly/4q48oxt ·       India-EU FTA to bring Indian textile exporters on par with global competition in EU market https://bit.ly/3Z3w7Tu ·       Indian apparel, chemicals and footwear industries will get duty-free entry into EU https://bit.ly/46i6ylr ·  &nb…

Commerce Secretary Rajesh Agrawal said that legal scrubbing of the FTA text is currently underway, with efforts focused on completing procedural requirements and moving toward signing the agreement at the earliest. The pact is expected to be signed later this year and could come into force early next year, he said. India and the European Union have successfully concluded negotiations on the proposed free trade agreement, Commerce Secretary Rajesh…

·       India-EU FTA talks concluded, pact may come into force next year: Commerce Secretary https://bit.ly/4qEeEgr ·       Successful India key to global stability: EU chief ahead of India-EU Summit talks https://bit.ly/3M41b2u ·       Mark Carney’s India visit in early March may seal C$2.8 bn uranium supply agreement: Report http…

Von der Leyen wants what she called "the mother of all deals." Prime Minister Narendra Modi should give it to her when she arrives as chief guest at India's Republic Day At Davos, Ursula von der Leyen made India the centerpiece of her declaration of European independence. The president of the European Commission said that she was travelling to New Delhi to energize the relationship. And, hopefully, to close whatever gaps remain on the mammoth fre…

Leaked audio recordings of the calls suggest Cruz told supporters he was “battling” the White House to secure the deal, and when asked who was resisting, he named Navarro, Vance and “sometimes” Trump, the report said A new leak has opened a window into friction inside the US Republican establishment over the stalled India-US trade deal, with Senator Ted Cruz reportedly blaming key figures in the Trump administration for sl…

Xi said China has always believed that being “good neighbours, friends and partners” is the right choice ​for both China and ⁠India China’s President Xi Jinping said that China and India were “good neighbours, friends, and partners” as he congratulated President Droupadi Murmu on Republic Day, the official Xinhua news agency reported on Monday.....

The rail line, which will replace the Silverline project, is estimated to cost between ₹86,000 crore and ₹1 lakh crore and is planned to be completed in five years, with most of the alignment elevated or underground ‘Metroman’ E Sreedharan on Saturday said Kerala can hope to see a high-speed rail network that will cut travel-time to Kannur from Thiruvananthapuram to 3.15 hours, as the Centre is expected to formally announce the pr…

According to a source with direct knowledge of the matter, Adani Aerospace has signed a memorandum of understanding (MoU) with Embraer, the world’s third-largest aircraft manufacturer after Airbus and Boeing, to set up a final assembly line for Embraer’s regional jets in India Billionaire Gautam Adani’s aerospace and defence arm is set to announce a strategic partnership with Brazilian aircraft maker Embraer next …

Part of the growth problem in India Inc’s revenue can be attributed to the lack of innovation and investments Come January each year, few things happen like clock-work in the business world — for instance, the Budget wish-list of India Inc. While the Finance Minister Nirmala Sitharaman had once likened India Inc to Hanuman for not being aware of its own strength, the long Budget wish-list from India Inc and its associations though som…

PwC India estimates artificial intelligence could add $550 billion to key sectors by 2035, if adoption focuses on productivity, inclusion and sustainable growth Artificial intelligence (AI) has the potential to add $550 billion to agriculture, education, energy, healthcare and manufacturing in India by 2035 at a nominal level, an economic modelling by PwC India has found.....   More https://bit.ly/3NAc6S1 Via business-standard.com

  Saint-Gobain currently operates 82 plants in India and expects to cross 100 sites soon Betting big on India, French construction materials major Sait-Gobain is planning to expand its operations in India significantly through acquisitions and capital investments, its global CEO Benoit Bazin has said.....

Zoho launched Zoho ERP on Friday, a comprehensive enterprise resource planning solution for Indian businesses; the new product will be anchored out of Zoho’s new emerging regional hub in Kumbakonam Software-as-a-Services (SaaS) major Zoho Corp has made a bet on the financial enterprise resource planning (ERP) market.....

·       PM Modi speaks to Brazil’s Lula, says close ties vital for Global South interests https://bit.ly/45ndGN9 ·       WEF Davos: Maharashtra signs ₹30 lakh crore MoUs, 40 lakh jobs likely ·       ‘India Inc delivers highest rate of return globally,’ Anand Mahindra hails Blackstone CEO’s praise for India https…

Gujarat, Maharashtra, and Tamil Nadu together account for roughly 56% of India's exports, with Gujarat alone contributing close to 30% The NITI Aayog’s recently released “export preparedness index” (EPI), 2024, is an attempt to measure how ready India’s states are in participating in global trade. The index benchmarks preparedness across four pillars — business ecosystem, export infrastructure, policy and governanc…

Japan's 40-year bond yield rocketed past 4 per cent to a fresh high since its debut in 2007 and a first for any maturity of the nation's sovereign debt in more than three decades The “huge mountain of debt” in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesda…

Gopinath said the challenge for India is not becoming the third-largest economy; the challenge is raising per capita income to higher levels Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world's third-largest economy over the next few years, with economist Gita Gopinath saying it can happen by 2028 or even earlier. Speaking in a World Economic Forum Annual Meeting session here, Vaishnaw said the only …

  ·       India set to become 3rd largest economy by 2028, says Gita Gopinath https://bit.ly/45q5lIB ·       India flags 'huge mountain of debt' in developed nations as major concern https://bit.ly/4bckL6S ·       India's export growth will come from states that are truly prepared https://bit.ly/3Zo8chx ·   &nb…

Company says its e-bus tender bid relied on 12-year cost realism The total cost of ownership (TCO) of an electric truck (e-truck) becomes comparable to that of a diesel truck in three to five years, after which owners increasingly benefit from lower fuel costs because electricity is cheaper than diesel, Girish Wagh, managing director and chief executive officer of Tata Motors, said in an interview with Business Standard on Tuesday. TCO refers to …

With this service, customers can save their credit and debit cards to the Apple Wallet Apple Pay, the digital payment service of the Cupertino-headquartered tech giant, is preparing to launch in India this year, according to sources. The service, that’s already available across 89 markets in the world, is expected to make its India foray towards the end of 2026.... More https://bit.ly/3NtaDgi Via business-standard.com

The agreement is expected to enhance trade ties, deepen strategic cooperation, and unveil a Security and Defence Partnership along with a Security of Information Agreement The European Union is on the cusp of signing a historic trade agreement with India that is being called ‘the mother of all deals’, European Commission President Ursula von der Leyen announced on Tuesday, asserting it will create a market for 2 billion people or abou…

·       EU on cusp of historic India trade deal: Ursula von der Leyen https://bit.ly/3Nnnl06 ·       Apple Pay likely to enter India market this year, launch seen by end-2026 https://bit.ly/3NtaDgi ·       AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu https://bit.ly/49vv84v ·      …

·       India, UAE set $200 billion trade target, deepen nuclear and infra ties https://bit.ly/3LCUW5C ·       IMF upgrades India growth outlook, lifts FY26 forecast to 7.3% https://bit.ly/3NCzspX ·       RBI floats linking BRICS’ digital currencies to ease cross-border payments https://bit.ly/3NCwrWG ·   &nbs…

It will also start exploration of potash in Rajasthan   The Andaman Nicobar Basin has now established that it is a “petroliferous basin” and the presence of hydrocarbons has opened up new vista of confidence for India, Oil India CMD Ranjit Rath said here on Sunday.....

The most visible impact of TEPA has been the policy clarity and predictability it has brought to Swiss companies engaging with India: Satish Rao, President, Swiss-India Chamber of Commerce More Swiss companies are actively exploring options to tap into the Indian market while existing Swiss players in the country are looking to expand their operations after the TEPA agreement signed between India and EFTA countries came into effect on October 1 l…

Singapore Airlines (SIA) has signed a commercial cooperation framework agreement with Air India that will build on existing partnerships between the two carriers. In a joint release on Jan 16, the two airlines said the latest agreement will allow them to improve connectivity between Singapore and India, providing “greater choices and benefits” for customers..... More https://bit.ly/4b2aGJL Via straitstimes.com