India-US are in talks for trade deal (AI image) A successful bilateral trade agreement between India and the US could transform current challenges into economic opportunities by expanding market access and boosting exports, according to the Finance Ministry’s Monthly Economic Review released on Tuesday.The report comes amid ongoing negotiations between the two nations, with an…
Export shipments from India have started moving once again through the Red Sea corridor, marking a cautious return to normal shipping operations after months of disruption caused by regional unrest. The development was confirmed on Tuesday by the Federation of Indian Export Organisations (FIEO).The key maritime route, which includes the Bab-el-Mandeb Strait connecting the Red…
IndiGo operator InterGlobe Aviation promoter Rakesh Gangwal and the Chinkerpoo Family Trust reduced their stake by 5.72 per cent in the airlines through open market transactions, garnering Rs 11,564 crore. The bulk deal data on NSE showed that Gangwal and the trust, managed by Shobha Gangwal and JP Morgan Trust Company of Delaware, divested 2.21…
Starting July 31, 2025, UPI users will face limits on how often they can perform certain non-financial actions like checking account balances or transaction statuses, as the National Payments Corporation of India (NPCI) moves to regulate API usage across the payment ecosystem. The new framework is aimed at preventing system overloads and improving the reliability…
India is rapidly progressing from being a 5G frontrunner to emerging as a global contender in 6G innovation, and is simultaneously focused on making telecom services universally accessible and secure for citizens, Union minister Jyotiraditya Scindia said on Monday.Speaking at the launch of the Sanchar Mitra Scheme, aimed at deepening citizen engagement in telecom services,…
President Vladimir Putin has made it clear that Russia will not “roll out the red carpet” for McDonald’s if the fast-food giant seeks to return to the country, as reports emerge of foreign companies showing interest in re-entering the Russian market.McDonald’s exited Russia in 2022 following Western sanctions linked to the Ukraine conflict and sold…
India’s Index of Industrial Production (IIP) is projected to have slowed down to 1.2 per cent year-on-year in April 2025, down from 3 per cent in March, according to a report by Union Bank of India (UBI). The deceleration is largely attributed to weakened activity in the mining and manufacturing sectors. The report highlights that…
In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2025–26. Returns originally due by July 31, 2025, can now be filed until September 15, 2025. The extension comes amid significant revisions in ITR forms, ongoing system development,…
As central banks worldwide accelerate their gold purchases to unprecedented levels and steer clear of Bitcoin, economist Peter Schiff sees a clear signal about the future of money. In a recent post on the social media platform X, the vocal gold advocate reignited the debate between traditional bullion and cryptocurrencies, questioning why global monetary authorities…
World shares were mixed Tuesday, but London’s FTSE 100 and Hong Kong’s Hang Seng Index led regional gains as investors brushed off lingering concerns over global trade tensions. US stock futures also surged ahead of Wall Street’s reopening after the Memorial Day holiday.The FTSE 100 advanced 0.8 per cent to 8,786.34 in early trading after…
