A close up picture of letters FDI . Foreign direct investment will boost up the economy. | Photo Credit: Chinmayi Shroff Net foreign direct investment remained negative for the fourth consecutive month in December 2025, coming in at -$1.6 billion, due to repatriation by foreign companies in India and outward investments by Indian companies exceeding…
The U.S. Supreme Court struck down on Friday (February 20, 2026) President Donald Trump‘s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy. The justices, in a 6-3 ruling, upheld…
Some of the top Democratic lawmakers in the House are celebrating the Supreme Court’s decision striking down President Donald Trump’s global tariffs. Rep. Richard Neal, the ranking Democratic lawmaker on the House Ways and Means Committee, calls the decision “a victory for the American people, the rule of law, and our standing in the global…
Mines Minister G. Kishan Reddy at a critical minerals summit of the industry body Federation of Indian Chambers of Commerce & Industry (FICCI). Photo: X/@kishanreddybjp India will commence production of rare-earth permanent magnet within this year, Union Minister for Mines G. Kishan Reddy stated Thursday (February 19, 2026). Rare-earth permanent magnets are among the strongest…
Reserve Bank of India. File Picture | Photo Credit: Reuters Reserve Bank of India (RBI) has deferred the implementation of Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivatives to obtain a comprehensive view of the market to January 2027, the banking regulator said in a statement. “At present, all transactions in OTC markets for…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S.. File | Photo Credit: Reuters U.S. President Donald Trump can reduce tariffs on imports from India to 18% from the current 25% without the need of a fresh…
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday (February 18, 2026), driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29 points, or 0.34%, to settle at 83,734.25 in a volatile trade. During the day, it touched an intraday high of…
FILE – 1 Ounce Fine Gold Coins are displayed in the safe deposit boxes room at the Pro Aurum gold house in Munich, Germany. | Photo Credit: AP Gold (Aurum or Au) is a chemical element on the periodic table, and a metal known for its bright yellow colour and shine. A natural occurrence in…
India’s textile sector has been steadily losing ground in global export markets. In contrast, Bangladesh has woven together a remarkable export success. Given the recently signed India-EU Free Trade Agreement (FTA), and with Bangladesh poised to lose its Least Developed Country (LDC) status, this is an opportune moment for India’s textile industry. Within the textile…
India’s direct tax system has undergone a significant expansion over the last decade, marked by a sharp rise in the number of taxpayers as well as sustained improvements in administrative efficiency. Time-series data released by the Income-Tax Department indicate that this expansion has been broad-based and persistent, reflecting deeper formal participation rather than a short-lived…
