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India and the United States have agreed on a framework for an interim trade agreement that outlines tariff cuts, preferential market access and sector-specific commitments, while preserving protections for sensitive areas such as agriculture and dairy. The framework, announced jointly on Saturday, is intended to pave the way for a broader Bilateral Trade Agreement (BTA).According…
The newly announced interim trade deal between India and the United States lays out a roadmap to deepen collaboration on the digital trade and technology front. The two nations released a joint statement on Saturday, announcing details of the interim trade agreement. “The US and India are pleased to announce that they have reached a…
India and the United States have unveiled a framework for an interim trade agreement, cutting US reciprocal tariffs on Indian goods to 18 per cent from 50 per cent. As per the joint statement India’s agriculture market has been ring-fenced. India has granted no duty concessions on what it calls “sensitive” farm and dairy products.Also…
Ramadan 2026 in UAE: How Will Working Hours Change for You? As the holy month of Ramadan 2026 approaches (expected to begin around February 18–19, 2026 after the crescent moon sighting), residents and workers across the United Arab Emirates are preparing for annual adjustments to daily routines including reduced working hours in both the private…
A sharp selloff in global stock markets wiped out about $285 billion in market value in a single day after Anthropic launched its new AI tool called the ‘SaaSpocalypse’. America’s biggest bank JPMorgan said the fall reflects a deeper shift in how investors view software companies, especially as concerns around artificial intelligence grow. In a…
India’s services sector recorded a strong start to 2025 as the activity climbed to a two-month high in January, thanks to improving demand and firms expanded capacity. The seasonally adjusted HSBC India Services PMI Business Activity Index climbed to 58.5 in January, up from 58.0 in December, reflecting faster growth in output and new business….
The Finance Ministry is considering raising the foreign direct investment (FDI) limit in public sector banks (PSBs) to 49 per cent from the current 20 per cent to strengthen their capital base, PTI reported.“We are still considering, and inter-ministerial consultation is on for raising FDI cap to 49 per cent,” Financial Services Secretary M Nagaraju…
Representative image (AI generated) Realty sector leaders have termed Union Budget 2026-27 as infrastructure-led and growth-oriented, saying higher capital expenditure, asset monetisation and risk-sharing mechanisms could accelerate project execution, improve financing access and support long-term demand. Industry executives said the government’s decision to raise capital expenditure and introduce financing support tools signals policy continuity around…
India’s factory activity picked up marginally in January after slipping to a two-year low the previous month. The sector was helped by strong inflows of new orders, even as sentiment among manufacturers weakened sharply, a monthly survey showed on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.4 in January…
Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman, presenting her ninth consecutive Union Budget on Sunday, announced several major healthcare measures, including customs duty waivers on 17 cancer drugs and duty exemptions for medicines for seven rare diseases. The finance minister highlighted India’s economic stability, fiscal discipline, and sustained growth under the Narendra Modi-led NDA…
