The rupee opened at 90.72 against the U.S. dollar and moved in a tight range, touching a high of 90.64 and a low of 90.78 in intraday deals. File | Photo Credit: Reuters The rupee gained 5 paise to settle at 90.69 (provisional) against the U.S. dollar on Tuesday (February 17, 2026), backed by positive…
PDP legislator Waheed-ur-Rehmaan Parra. File. | Photo Credit: IMRAN NISSAR The Peoples Democratic Party (PDP) on Tuesday (February 17, 2026) demanded an all-party meeting in the Assembly on Kashmir’s apple crisis in the wake of the India-U.S. trade deal. Speaking in the House, PDP leader and legislator Waheed-ur-Rehmaan Parra said the all-party meeting was important “to…
Representative image. | Photo Credit: Reuters India’s merchandise trade deficit widened to a three-month high of $34.68 billion in January, marking the final month impacted by around 50% U.S. tariff on Indian exports, which government officials said will be pared to 18% this week. The wider-than-expected goods trade deficit was driven by a sharp rise…
Representative image. | Photo Credit: Getty Images/iStockphoto The rate of unemployment in the country among persons aged 15 years and above rose slightly to 5% in January this year from 4.8% in December 2025, according to a government survey released on Monday (February 16, 2026). The UR (unemployment rate) or joblessness recorded a marginal increase…
Budget 2026 has initiated, albeit limited, some important shifts in India’s approach to financial-sector reform. There are proposals to introduce a market-making framework for corporate bonds, develop total-return swaps and bond-index derivatives, establish an Infrastructure Risk Guarantee Fund, and recycle Central Public Sector Enterprises (CPSE) real estate assets through dedicated Real Estate Investment Trusts (REIT)….
RBI Governor Sanjay Malhotra encouraged MSMEs to pursue formalisation, maintain credit discipline and adopt digital payments to build their long-term resilience and competitiveness, the RBI said. File Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday (February 16, 2026) emphasised that improving access to timely and adequate formal credit for MSMEs remains a key…
It’s no wonder that home loan borrowing in India is growing at a 14% pace, as per official data. Owning a home is one of the most sought-after dreams in India, especially for the middle class income group. But what usually follows this dream is taking a loan to fulfill it. Most homebuyers in India…
Image by jcomp on Freepik A co-applicant applies for a home loan along with the primary borrower and is equally liable for repayments. Usually, close family members, such as spouse, children and parents, can be added as co-applicants. Adding a co-applicant to your home loan not only improves your home loan eligibility, but also reduces…
In vegetables, inflation was 6.78% in January as against deflation of 3.50% in December. | Photo Credit: PTI Wholesale price inflation extended upward momentum for the third straight month, at 1.81% in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday…
Tamil Nadu can achieve its trillion-dollar economy milestone by 2031 if it sustains the 2024-25 nominal growth rate of 16%, “with an assumption of 2% (medium-term rate) rise in the value of dollar against rupee per annum in the medium term,” according to the Economic Survey of Tamil Nadu 2025-26. “With 3.5% short term rate…
