Before the start of the Russia-Ukraine conflict in early 2022, India bought very little of Russian oil. (AI image) With US President Donald Trump signing an executive order removing the 25% penal tariffs on India, contingent on New Delhi stopping imports of Russian crude, reports suggest that the oil procurement from Russia may come down…
Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…
Tamil Nadu chief minister MK Stalin during the inauguration of the Tata Motors passenger vehicles and Jaguar Land Rover (JLR) manufacturing facility, in Panapakkam, Ranipet district, Tamil Nadu. (@CMOTamilnadu/X via PTI Photo) NEW DELHI: Tata Motors Passenger Vehicles Ltd. (TMPV) and its subsidiary Jaguar Land Rover Automotive (JLR) have commenced operations at their new manufacturing…
Public sector banks posted a record cumulative profit of Rs 52,603 crore in the third quarter of the current financial year, marking an 18 per cent year-on-year rise, led by strong performance from the country’s largest lender State Bank of India (SBI).All 12 public sector banks (PSBs) had posted a combined profit of Rs 44,473…
Representative image generated by AI (Gemini) In a move aimed at modernising retirement fund access, EPFO is working on a new mobile application that may allow subscribers to withdraw a portion of their EPF savings instantly through the UPI payment gateway. The app, expected to be launched around April, is part of efforts to reduce…
Benchmark equity indices Sensex and Nifty extended their gains for a second straight session on Monday, supported by optimism around the India-US trade deal and strong buying interest in public sector banks, consumer durables and realty stocks.The 30-share BSE Sensex rose 485.35 points, or 0.58 per cent, to close at 84,065.75. During the session, the…
The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week of March, Central Board of Direct Taxes (CBDT) sources told ET.The new rules are aligned with the Income Tax Act, 2025, which is scheduled to come into force from April 1, 2026, and…
The Centre on Monday said India has adopted a calibrated tariff liberalisation approach under the India-US Bilateral Trade Agreement, allowing duty elimination in phases of up to 10 years for select products while keeping highly sensitive agricultural sectors fully protected.According to a government statement as reported by ANI, agricultural market access for the United States…
When exchanges are active and predictable, FPOs can aggregate produce and hedge prices before harvest. (AI image) By Dr. Arun Raste, MD and CEO, NCDEXIndian agriculture has always had the backing of strong public policy support. Systems like MSP, procurement and buffer stocking have played a stabilising role for decades. They give confidence to farmers…
IT stock investors are struggling with sharp losses as the sector is going through a phase of massive sell offs. In the past three trading sessions, Nifty IT index has plunged almost 8%, erroding almost Rs 2.5 lakh crore from the market value. Traders are also concerned about concerns over AI automation, that could majorly…
