India’s wholesale price index (WPI)-based inflation rose to 1.81 per cent in January, marking a 10-month high, compared with 0.83 per cent in December 2025, according to data released by the Ministry of Commerce and Industry on Monday. The positive rate of inflation in January 2026 was primarily driven by higher prices in the manufacture […]
WPI Inflation Rises to 10-Month High of 1.81% in January, CPI at 2.75% Read More »
India Inc is expected to largely stick to its planned salary increments even as employee costs rise following the implementation of the new labour codes, according to a report by The Economic Times. While sectors operating on thin margins may adopt a cautious approach, most companies are unlikely to significantly cut pay hikes, as compensation
India Inc Likely to Maintain Salary Hikes Despite Higher Costs Under New Labour Codes Read More »
The United States on Saturday announced it will remove the additional 25% tariffs earlier imposed on Indian goods over New Delhi’s purchase of Russian oil, marking a significant step toward easing trade tensions between the two countries. According to a White House executive order, the removal of the extra duties will take effect from 12:01
US to Remove Extra 25% Tariffs on Indian Goods, Easing Trade Tensions Read More »
Indian lenders have asked the Reserve Bank of India (RBI) to relax several liquidity norms to help free up funds for lending, as loan demand continues to grow faster than deposits, according to people familiar with the matter. Banks have sought permission to unlock part of the cash they are required to park with the
Indian banks seek RBI relief on liquidity rules to support credit growth Read More »
US President Donald Trump’s claim that India will buy $500 billion worth of American energy, agricultural products, coal and other goods under a newly announced trade deal has sparked sharp questions over the feasibility of such a commitment. So far, neither side has released the fine print of the agreement. India has also not publicly
Trump’s $500-Billion India Purchase Claim Raises Questions Over Trade Math Read More »
Union Finance Minister Nirmala Sitharaman is set to present the Union Budget for the financial year 2026–27 (FY27) in the Lok Sabha on Sunday, February 1, marking a rare instance of the Budget being presented on a Sunday. The Budget speech is keenly watched by households, businesses and financial markets as it outlines key policy
Union Budget 2026: When, Where and How to Watch Nirmala Sitharaman’s Budget Speech Live Read More »
India’s economy is projected to grow between 6.8 per cent and 7.2 per cent in the 2026–27 financial year, according to the Economic Survey presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday. The estimate is lower than the 7.4 per cent growth projected for the current financial year, pointing to a
India’s Economy Seen Growing 6.8–7.2% in FY27: Economic Survey Read More »
For much of last year, discounted Russian crude accounted for the bulk of India’s oil imports, providing a crucial financial lifeline to Moscow while significantly reducing New Delhi’s import bill. Although US threats, tariffs and sanctions triggered months of disruption, Russian oil supplies to India have proved far more resilient than many market participants had
Russian Oil Flows to India Remain Resilient Despite US Pressure and Sanctions Read More »
India is planning to sharply reduce tariffs on cars imported from the European Union, cutting duties to 40 per cent from levels as high as 110 per cent, in its biggest move yet to open up the domestic auto market, sources said. The step comes as India and the EU near the conclusion of a
India Plans Sharp Cut in EU Car Import Tariffs Ahead of Landmark Free Trade Pact Read More »
As PhonePe prepares for its initial public offering, the updated draft red herring prospectus (DRHP) highlights the impact of regulatory constraints and heavy dependence on payments-linked revenue, even as Unified Payments Interface (UPI) transactions continue under a zero merchant discount rate (MDR) regime. The proposed IPO comprises an offer for sale of 50.6 million equity
PhonePe DRHP Highlights Regulatory Impact, Revenue Concentration Ahead of IPO Read More »
