Indian businesses have ample opportunity in Russia if only they take a ‘leap of faith’: Goyal

Commerce Minister Piyush Goyal speaks at the India-Russia Business Forum in New Delhi, on December 4, 2025. | Photo Credit: Reuters Russia has a huge demand for industrial goods and consumer products, which can be fulfilled by Indian businesses if only they take a “leap of faith”, said Commerce Minister Piyush Goyal on Thursday (December…

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Health, National Security Cess not on essential commodities, revenues to be shared with States: FM

Union Finance Minister Nirmala Sitharaman in Lok Sabha during the winter session of Parliament, in New Delhi on Wednesday. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Thursday (December 4, 2025) said the proposed Health and National Security Cess will not be levied on essential commodities, and the proceeds will be shared with…

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India’s smartphone export to U.S. triples to $1.47 billion in October

Representational file image. | Photo Credit: Reuters India’s smartphone exports to the U.S. more than three-fold year-on-year to $1.47 billion in October despite global challenges, according to the government data. The export stood at $0.46 billion in October last year. Cumulatively, smartphone exports to the United States surged to $10.78 billion during April-October this fiscal…

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Growth in industrial production slipsto a 14-month low of 0.4% in October

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Growth in industrial activity slowed to a 14-month low of 0.4% in October 2025, pulled down by contractions in the electricity and consumer non-durables sector, as well as relatively slow growth in the manufacturing sector. Data on the Index of Industrial Production (IIP) released…

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Cautious optimism: On India and growth

India’s September-quarter GDP data for the current financial year beat all estimates, coming in at 8.2%, higher than 7.8% in Q1 FY26 and well above the year-ago period. This offers fleeting reassurance to policymakers, days after October’s trade data revealed a historic deficit of $41.68 billion, driven partly by a trebling of bullion imports —…

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