Iraq Gains Ground in India Oil Imports Amid US Sanctions

India's oil import dynamics shift as US sanctions impact Russian supplies, with Iraq rapidly closing the gap. West Asian sources regain prominence as refiners prioritize reliable supply chains and favorable terms.

Budget Day Loses Spark as Reforms Go Year-Round

The Union Budget's impact on Indian stock markets has diminished significantly as continuous policymaking and front-loaded reforms have reduced surprises. Investors now focus on medium-term direction rather than single-day announcements.

EU Carmakers Boost India Production Before Trade Pact

Major European automakers like Volkswagen, Mercedes-Benz, and BMW are accelerating local assembly in India, viewing manufacturing commitment as vital for the luxury market's growth, independent of upcoming tariff reductions from the India-EU FTA.

India-EU Summit: Tariff Cuts Expected as Trade Talks End

The India-EU Summit has concluded with trade talks ending, likely leading to significant tariff cuts. This development aims to boost bilateral trade and strengthen economic ties between India and the European Union.

ESOP Tax Deferral & India's Startup Talent

Analysis of India's ESOP tax deferral policy for startups, its limitations, and the need for broader reforms to enhance employee stock options as a wealth-creation tool.

Axis Bank Q3 Profit Up 3% to Rs 6,490 Crore

Axis Bank reported a 3% year-on-year increase in net profit to Rs 6,490 crore for the December quarter, driven by robust loan growth and higher fee income, despite a moderation in margins.

PVR Inox Sells Snacks Business to Marico

PVR Inox has announced the sale of its snacks business to Marico, a major FMCG company, as part of a strategic restructuring to focus on core cinema operations.

IIP Gets New Base Year, Sector Weight Changes

India's Index of Industrial Production (IIP) is set for a major overhaul with a new base year of 2022-23 and revised sector weights. Electricity and manufacturing gain importance while mining sees reduced weightage in the updated series.

Gold Breaks $5,000, Silver Hits Record Amid Market Fears

Gold prices surged past $5,000 per ounce for the first time, with silver also reaching record highs. The rally is driven by geopolitical tensions, dollar weakness, and investor flight from bonds and currencies.

Trump H-1B Policy Shifts US Jobs to India: Survey

Canadian-Indian entrepreneur Vijay Sappani says Trump's H-1B restrictions forced US companies to hire in India at half the cost. Survey reveals 52% of tech firms plan India hiring expansion in 2026.

DTCP Notice to Developer for Non-Compliance in Gurgaon

The Directorate of Town and Country Planning has issued a regulatory notice to a developer for alleged violations in a commercial colony project in Sector 65, Gurgaon, citing expired licenses and failure to transfer land.

India-EU Free Trade Deal Finalized After 18 Years

India and the European Union have successfully concluded negotiations for a comprehensive free trade agreement covering goods and services, with implementation expected by early 2027 after ratification processes.

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