Image for representation | Photo Credit: AFP On February 1, Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in the Lok Sabha, setting the framework for tax devolution between the Centre and the States. The Commission also recommended an allocation of ₹3.5 lakh crore to urban local governments (ULGs) for the next five…

A file image of Union Minister Piyush Goyal. Photo: X/@PiyushGoyal via ANI The India-U.S. trade pact will open a $30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen, Commerce and Industry Minister Piyush Goyal said on Saturday (February 7, 2026). He said the increase in exports will create lakhs of new job opportunities…

U.S. President Donald Trump and Prime Minister Narendra Modi shake hands. File. | Photo Credit: Reuters The United States and India moved closer to a trade pact on Friday (February 6, 2026), releasing an interim framework that would ‍lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to ​realign global supply…

India fully protects sensitive wheat, rice, poultry under trade pact with U.S. India has fully protected sensitive agricultural and dairy products such as maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat, as no duty concessions have been granted to the U.S. on these goods under the trade agreement. “The…

Image used for representation only. | Photo Credit: Getty Images The Centre has given an official definition for what constitutes a ‘deep tech’ startup in India. A buzzword until now, the ‘deep tech’ startup, according to a gazette notification by the Department for Promotion of Industry and Internal Trade (DPIIT) made public on Thursday (February…

File picture of U.S. President Donald Trump and Prime Minister Narendra Modi. | Photo Credit: AP The White House on ​Friday (February 6, 2026) released a Joint Statement by the U.S. and India on a framework for ‌an interim trade agreement between the two countries that they said affirms their commitment to negotiations towards a…

Last week, India and the European Union (EU) achieved what, until just a year or two ago, many observers considered impossible: meeting halfway to conclude a long-elusive trade agreement. Negotiated, stalled, revived and reimagined over a quarter of a century, the deal represents far more than a technical breakthrough on tariffs. It marks a strategic…

The Reserve Bank of India. File picture | Photo Credit: PTI The Reserve Bank of India (RBI) on Friday (February 6, 2026) announced measures to ​boost credit to small businesses and the real ‌estate sector to improve access to ​formal financing and strengthen last-mile lending. The Reserve Bank of India proposed doubling the limit on…