India Gains Manufacturing, Export Boost from US Tariff Cuts
India's manufacturing sector and exports receive significant boost after US tariff reductions, expected to narrow current account deficit and stabilize rupee.
Category : Business
Air India Dreamliner Fuel Module Replaced, Checks Ordered
Air India has replaced the fuel control switch module on a Boeing 787 Dreamliner (VT-ANX) in 2024 and will send the component for detailed technical checks to ensure flight safety standards.
India to Lead Apparel Exports After US Trade Deal: AEPC
India's apparel industry is set for a major boost as a new trade agreement with the United States positions the country to become a global leader in garment exports, according to the Apparel Export Promotion Council chairman.
US Trade Rep Notes India's Agricultural Protection in Trade
The US Trade Representative has confirmed that India will maintain certain protections for its agricultural sector during bilateral trade discussions, highlighting ongoing negotiations.
Goyal on PM Modi's Support for Agriculture in US Trade Deal
Commerce Minister Piyush Goyal emphasized that Prime Minister Narendra Modi has consistently championed the agriculture and dairy sectors, safeguarding their interests in the ongoing US trade deal negotiations.
Walmart Hits $1 Trillion Market Value for First Time
Walmart has reached a $1 trillion market capitalization for the first time, marking a significant achievement just weeks after joining the Nasdaq-100 Index.
UPI Hits ₹230 Trillion Record, Expands to 8 Countries
Minister Pankaj Chaudhary reveals UPI transactions reached ₹230 trillion by December 2025, showing rapid growth from ₹139 trillion in FY23. Finance Minister Sitharaman details global expansion to 8 countries.
Indian Stocks Rally: Rs 12.10 Lakh Crore Wealth Created
Indian benchmark indices surged over 2.5% on Tuesday, creating Rs 12.10 lakh crore in investor wealth, driven by optimism around the India-US trade deal that reduces tariff uncertainty and boosts export sectors.
India's Customs Revenue Growth Slows to 5% in FY27: Strategic Move
India's FY27 budget projects 5% customs revenue growth, down from 11% in FY26, reflecting trade liberalization and duty cuts to boost manufacturing competitiveness, as explained by CBIC chairperson Vivek Chaturvedi.
PhonePe IPO: Payments Drive 82% Revenue, Losses Persist
PhonePe's DRHP reveals 22% revenue growth to ₹3,918 crore in H1 FY26, with payments contributing 82%. The company processes 48% of UPI value but faces ₹1,444 crore net loss ahead of its 2026 IPO.
e-Khata System Paralyses Property Transactions: Former Mayor
Former mayor Shivakumar highlights how e-khata enforcement has halted property transactions in Tumakuru, with the city corporation deeming the software flawed and reverting to the old system.
India-US Trade Deal: Seafood, Rice Exporters Cheer, Others Wait
India's seafood and rice exporters are celebrating the new trade deal with the US, while other sectors await the government's decision on broader market access and tariff reductions.
India to Limit Russian Oil Imports Under US Trade Deal
India will restrict crude oil purchases from Russia under a trade understanding with the US, securing tariff relief. Refiners will honor existing contracts but not place new orders, with Nayara Energy likely exempt.
India's $100B Annual US Import Commitment for 5 Years
India has committed to purchasing $100 billion worth of American products annually for five years, focusing on energy, technology, and aircraft parts. The US reduces tariffs from 50% to 18%.
India-US Trade Deal: Trump Says India Won't Buy Russian Oil
A major India-US trade deal slashes tariffs significantly, but controversy erupts as Trump claims India will stop Russian oil imports and Rahul Gandhi accuses PM Modi of compromise.
India to Restrict Russian Oil Imports to Irreplaceable Supplies
India plans to restrict Russian oil imports, purchasing only where supplies are irreplaceable, amid global pressure and sanctions. This strategic move aims to balance energy security with diplomatic relations.
Second Mountain Tunnel Announced for Bullet Train in Palghar
Railways Minister Ashwini Vaishnaw has announced a second mountain tunnel in Palghar, Maharashtra, for the Mumbai-Ahmedabad Bullet Train Project, enhancing connectivity and infrastructure.
India to Continue Russian Oil Imports Despite US Trade Deal
India is expected to maintain Russian oil imports at 1.1-1.3 million barrels daily through early Q2, with gradual reduction likely rather than immediate halt despite US trade deal claims.
Bullet Train's Second Mountain Tunnel Breakthrough in Palghar
Indian Railways achieves a key milestone with the second mountain tunnel breakthrough for the Mumbai-Ahmedabad Bullet Train project in Palghar, Maharashtra, marking 47% completion.
Bullet Train's Second Tunnel Breakthrough in Palghar
The Mumbai-Ahmedabad bullet train project marks a key milestone with its second mountain tunnel breakthrough in Palghar, Maharashtra, advancing India's high-speed rail network.
T-Mobile Cuts 393 Jobs in Washington, Affects Senior Staff
T-Mobile announces 393 job cuts in Washington, impacting over 200 roles including senior executives. The layoffs affect headquarters, data centers, and retail locations, effective April 2.
US Tariff Cut to Boost India's Exports, Says FM Sitharaman
Finance Minister Nirmala Sitharaman announced that India's exports are set to receive a significant boost following the United States' decision to cut tariffs on certain Indian goods.
Adani Ports Q3 Profit Up 20%, Raises FY26 Outlook
Adani Ports reports 20% profit growth in Q3FY26, raises revenue and EBITDA guidance for FY26 following acquisition of Australian terminal NQXT. Shares surge over 9%.
US-India Trade Deal Boosts IT Services Deal Momentum
The India-US trade agreement provides clarity for IT services and GCCs, easing outsourcing concerns and improving deal momentum from US clients, according to UnearthInsight.
Rupee Jumps 124 Paise on India-US Trade Deal
The Indian rupee surged 1.36% to close at 90.27 against the US dollar, marking its best single-day gain since December 2018, following the announcement of a bilateral trade agreement between India and the United States.
India-US Trade Deal: 18% Tariff, But Questions Remain
The India-US trade deal announced a tariff reduction to 18%, boosting markets. However, crucial details on Russian oil, US imports, and $500B purchase commitments remain unanswered.
Indian Markets Jump 2.5% on US Trade Deal News
Indian stock markets soared 2.5% on Tuesday after India and US announced a trade deal that slashes tariffs on Indian exports. The Sensex closed at 83,739.13 points while Nifty ended at 25,727.55 points.
India's Critical Minerals Policy Push to Counter China Dominance
The Economic Survey 2025-26 advocates for a comprehensive national policy on critical minerals and rare earth elements to reduce import reliance from China, leading to 'Rare Earth Corridors' in Budget 2026-27.
Gold, Silver Rebound Strongly After Worst Drop in Decades
Gold and silver prices have staged a dramatic recovery in Tuesday's session, with gold futures surging 7% and silver jumping nearly 15% following their worst two-day performance in over a decade. Domestic MCX gold crossed ₹1.5 lakh per 10g.
Five Bids for Mumbai's Rs 887-Crore Marina Project
Mumbai Port Authority has received five bids for its ambitious Rs 887-crore Viksit Bharat marina project, which will accommodate 424 yachts and include luxury hotels and tourism facilities.
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