The Indian Stainless Steel Development Association (ISSDA) on Wednesday described the India–European Union free trade agreement as a significant step in India’s global trade engagement, while cautioning that adequate safeguards will be needed to protect domestic stainless steel producers, PTI reported.India and the EU announced the conclusion of negotiations for the FTA earlier this week….
The rupee on Wednesday depreciated 31 paise to close at an all-time low of 91.99 against the US dollar, marking the second instance in less than a week that the currency has settled at its weakest-ever level, pressured by heightened month-end demand for the greenback and lingering geopolitical concerns, traders said.At the interbank foreign exchange,…
Canada has conveyed its intent to expedite the launch of formal negotiations for a free trade agreement (FTA) with India, signalling a reset in bilateral trade engagement after talks were paused in 2023, PTI reported citing an official statement on Wednesday.Canada’s Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu has invited Commerce…
India’s approach to sourcing crude oil is increasingly tilting toward supplies that carry lower risk. (AI image) India and the US trade talks have so far failed to yield a deal, and Russian oil continues to play a role in any tariff relief that India would want from the Donald Trump administration. India faces 50%…
MUMBAI: Star Health and Allied Insurance reported a sharp jump in profitability in the December quarter, with net profit rising more than four-fold, aided by higher premium growth, improved underwriting performance and a surge in investment income.The Chennai-based standalone health insurer posted a profit after tax of Rs 449 crore in the third quarter of…
NEW DELHI: Pointing out that the union government’s spending on health has continued to decline in the post-Covid period, as a percentage of GDP and in terms of its share in total expenditure, a network of 350 organisations and individuals have demanded that the health budget be at least doubled this year. A statement issued…
Reintroduce tax holiday for affordable housing with a tweak that the eligibility for affordable housing should be based on size of flat rather than value. (AI image) By Adarsh RankaIndia’s real estate sector continued its strong growth trajectory in 2025, reinforcing its position as a core pillar of the country’s economic expansion.Government-led reforms continued to…
As finance minister Nirmala Sitharaman prepares to present the Union Budget 2026 on February 1, defence spending is expected to remain a key focus amid rising geopolitical uncertainty and sustained emphasis on military modernisation. Defence outlay shows steady rise Over the last five years, India’s defence expenditure has followed a clear upward trajectory. Spending rose…
The Court was confronted with a conflict between two values competing with each other: the right to privacy in marriage, and the right to a fair trial. (AI image) In an important decision issued on 14 July 2025, the Supreme Court has put an end to a longstanding legal debate on the admissibility of secretly…
File photo (Picture credit: AP) Asian shares were mixed on Wednesday, tracking a muted lead from Wall Street after the S&P 500 edged to a fresh record, while the US dollar continued to weaken ahead of a key interest rate decision by the Federal Reserve.Markets are focused on the Fed’s policy announcement later in the…
