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Business
India gains ‘Southern Anchor’ with New Zealand FTA amid global uncertainty
21 Jan 2026 2:28 PM IST
New Delhi, Jan 21: The India-New Zealand Free Trade Agreement (FTA) has sent a clear message that pragmatism has prevailed and that both sides have agreed on a framework for a bilateral economic partnership for the mid-21st century, according to a new report.The report, published on...
Business
Draft NEP 2026 put out for public consultation on reliable power supply
21 Jan 2026 12:18 PM IST
New Delhi, Jan 21: In a bid to create future‑ready, financially viable and environmentally sustainable power sector, the government on Wednesday said it has released a new 'Draft National Electricity Policy (NEP) 2026' for public consultation with stakeholders.The ‘Draft NEP 2026’ aims to...
Business
PM Modi calls India’s textile sector a major engine of job creation
20 Jan 2026 4:28 PM IST
New Delhi, Jan 20: Prime Minister Narendra Modi on Tuesday highlighted the rise of India’s textile sector from a legacy industry to a powerful job-creating and people-centric engine of growth, embodying the true spirit of Aatmanirbhar Bharat.PM Modi referred to an article written by Union...
Business
India and EU expected to clinch long-awaited FTA by January 27
20 Jan 2026 4:15 PM IST
New Delhi, Jan 20: India and the European Union (EU) are close to finalising a landmark free trade agreement (FTA), with the formal announcement expected on January 27, a day after the Republic Day celebrations which will be attended by the top EU leadership as chief guests.According to...
Business
Silver hits fresh record amid Trump-Greenland row; gold near peak
20 Jan 2026 4:03 PM IST
Mumbai, Jan 20: Silver prices on COMEX exchange touched record high at $94.740 an ounce on Tuesday, as investors rushed to buy safe‑haven assets while US–Europe trade dispute intensified after President Donald Trump continued tariff rhetoric tied to Greenland.Gold prices also traded near...
Business
IMF raises India’s 2025 economic growth estimate to 7.3 per cent
19 Jan 2026 3:07 PM IST
Washington, Jan 19: The International Monetary Fund on Monday raised India’s economic growth projection for 2025 by a sharp 0.7 percentage point to 7.3 per cent, citing stronger-than-expected performance in the second half of the year, even as it expects growth to moderate in the coming...
Business
India set to become upper middle income country by 2030: SBI Research
19 Jan 2026 12:32 PM IST
New Delhi, Jan 19: India is set to touch $4,000 per capita income in another four years in 2030 to transition to an upper middle income country and join China and Indonesia at current classification, an SBI Research report said on Monday.India took 60 years since independence to reach $1...
Business
Maruti Suzuki to invest Rs 35,000 crore to set up new Gujarat plant
17 Jan 2026 3:24 PM IST
Gandhinagar, Jan 17: Maruti Suzuki India Limited (MSIL) will invest Rs 35,000 crore to development a new plant in Khoraj, Gujarat which will have a total annual production capacity of 10 lakh vehicles, it was announced here on Saturday.Chief Minister Bhupendra Patel said in a post on X that...
Business
Sergio Gor meets RBI Governor, discusses ways to enhance cooperation
17 Jan 2026 1:15 PM IST
Mumbai, Jan 17: US Ambassador to India, Sergio Gor, on Saturday said he met Reserve Bank of India’s (RBI) governor Sanjay Malhotra here, and discussed areas of increased cooperation.Gor also visited the US Consulate in Mumbai during his first trip to the financial capital.“Very much enjoyed...
Business
IndiGo settles refund issues, extends ‘Gesture of Care’ over December...
16 Jan 2026 3:28 PM IST
New Delhi, Jan 16: The Directorate General of Civil Aviation (DGCA) on Friday said that low-cost airline IndiGo has claimed to have fully processed and cleared all refunds for cancellations of its flights between December 3-5 last year.According to the aviation watchdog, the airline informed...
Business
India meets peak power demand of 242.49 GW in FY26; shortages record low
16 Jan 2026 2:22 PM IST
New Delhi, Jan 16: India successfully met the maximum power demand of 242.49 GW during FY 2025-26, the government said on Friday, adding that due to significant additions in generation and transmission capacities, energy shortages at the national level have reduced to a mere 0.03 per cent in...
Business
Govt extends export incentives to postal shipments to boost MSMEs
16 Jan 2026 1:11 PM IST
New Delhi, Jan 16: In a bid to strengthen India’s e-commerce and MSME sectors, the government on Friday said it has extended export incentives to postal shipments, with effect from January 15.The Central Board of Indirect Taxes and Customs (CBIC) said it has extended export-related benefits...
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