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India will receive concessional duty access for garments made using American yarn and cotton under the proposed trade agreement with the United States, similar to benefits currently available to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.The US has reduced reciprocal tariffs on Bangladeshi goods to 19%, though garments attract zero duty only…
Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…
Valentine Day 2026: Love is getting costlier this Valentine’s season with red roses -the quintessential symbol of romance – selling for as high as Rs 100 per piece in Shimla markets amid strong seasonal demand linked to Valentine’s Day and the ongoing wedding season.During the off-season, red roses typically retail between Rs 20 and Rs…
India’s unique talent pool would be its biggest strength in weathering the US immigration crackdown. (AI image) US President Donald Trump’s hike in H-1B visa fee – an important visa programme – may have a limited impact on India’s IT sector which currently uses this visa provision extensively. Trump has introduced a weighted H-1B visa…
The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of the…
US tax refund tracker: US taxpayers can track their income tax refund status using the Internal Revenue Service’s (IRS) “Where’s My Refund” tool, which provides near real-time updates on refund processing stages, expected timelines and payment status.According to information available on the IRS website, refund status generally becomes visible within 24 hours after e-filing a…
Retail inflation stood at 2.75 per cent in January 2026 under the new Consumer Price Index (CPI) series with base year 2024=100, the government said. Year-on-year inflation based on the All India CPI (Base 2024) for January 2026 stood at 2.75 per cent (provisional) compared with January 2025. The corresponding inflation rates were 2.73 per…
Benchmark equity indices ended lower on Thursday, dragged down by a sharp sell-off in technology stocks amid global uncertainty and concerns around AI-led disruption in IT services. The 30-share BSE Sensex declined 558.72 points, or 0.66 per cent, to settle at 83,674.92. During the session, it tanked 716.97 points, or 0.85 per cent, to hit…
Gold prices traded mixed in futures trade on Thursday with near-term contracts witnessing mild profit booking while longer-dated contracts remained supported amid firm global cues.As of 15:22 pm, gold futures for April delivery on the Multi Commodity Exchange (MCX) were trading at Rs 1,58,360 per 10 grams, down Rs 395 or 0.25 per cent. The…
HYDERABAD: The World Health Organization (WHO) has granted Phase II pre-qualification (PQ) to Biological E (BE)’s novel oral polio vaccine type 2 (nOPV2), which is used for controlling cVDPV2 outbreaks, the Hyderabad-based biopharma company said on Thursday.The Phase II PQ covers both the drug substance and drug product manufactured at BE, which completes the full…
