INDIAN ECONOMY
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India's High Commissioner to Canada, Dinesh Patnaik, has expressed optimism that India and Canada could conclude a comprehensive trade agreement within a year, despite past delays in negotiations, The Canadian Press reported.
Speaking ahead of Canadian Prime Minister Mark Carney's anticipated visit to Indi...
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U.S. and foreign officials, corporate executives, analysts and investors had begun to hope the tumultuous U.S. trade policy reversals of last year were finished. Now they face rekindled uncertainty from a U.S. Supreme Court ruling last week that struck down key parts of President Donald Trump's tariff plans a...
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India’s urban areas are projected to contribute 70 per cent of gross domestic product in 2025–26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.
The City Vitality Index (CVI) report by the data analytics company for the first quarter of 2026 said India is undergoing rapid urba...
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Rating agency ICRA has projected India's year-on-year (YoY) GDP growth to moderate to 7.2 per cent in the third quarter (Q3) of FY2025-26, compared with 8.2 per cent recorded in Q2 FY2025-26, citing slower expansion in services and agriculture despite improved industrial performance.
Lower expansion in the...
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The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, with an aim to promote the country's outbound shipments.
These measures are part of the Rs 25,060 crore export promotion mission. Out of 10 components of th...
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The landmark EU-India Free Trade Agreement (FTA) is a transformative win-win pact that offers immense opportunities in trade, artificial intelligence (AI) and resilient supply chains, Austria's State Secretary in the Federal Chancellery Alexander Proll has said.
In an interview with PTI Videos, Proll has d...
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India on Friday reiterated that it is exploring the possibility of buying crude oil from Venezuela if it is commercially viable, reaffirming the government’s previously stated position in response to comments by the United States envoy.
Ministry of External Affairs spokesperson Randhir Jaiswal clarified Ne...
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India and Brazil on Saturday set an annual bilateral trade target of $30 billion in the next five years and signed a pact for cooperation in the area of critical minerals following wide-ranging talks between Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva.
The two leaders als...
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Donald Trump announced a 15% global tariff on Saturday following a US Supreme Court verdict that deemed his sweeping reciprocal levies illegal. The President had signed a proclamation soon after the verdict to “impose a temporary surcharge” of 10% for “all articles” imported to the country in the next 150 day...
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India and the US have decided to reschedule a planned meeting of their chief negotiators in Washington that was meant to finalise the legal text of an interim trade pact, news agency PTI reported via sources. This development came after the US Supreme Court ruled that the tariffs imposed by President Donald T...
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MARKET & FINANCE
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Gold and silver ETFs surged up to 17% on Monday as escalating US-Iran tensions and President Donald Trump’s move to impose a 15% global tariff — after the Supreme Court struck down his earlier sweeping levies — boosted safe-haven demand for the precious metals.
Groww Silver ETF led the gains, jumping about...
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Indian government bonds traded in a narrow range early on Monday, as concerns over geopolitical developments and a domestic supply overhang muted demand. Risk appetite for U.S. debt weakened after the U.S. Supreme Court struck down President Donald Trump's tariffs, while the Trump administration imposed fresh...
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Even as venture capital flows into startups pick up, more than $10 billion in committed capital is still sitting on the sidelines. The paradox underscores a shift in investor behaviour rather than a funding slowdown. Investors, industry executives say, are becoming far more selective about where they deploy c...
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GLOBAL CORPORATE
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The global tariff story under President Donald Trump has been anything but straightforward. What began as sweeping “reciprocal” duties imposed under emergency powers was upended by a landmark US Supreme Court ruling that struck down the administration’s use of the International Emergency Economic Powers Act (...
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A look at the day ahead in European and global markets from Wayne Cole.
The early Asian reaction to the utter mess that is U.S. tariff policy was to revive the "sell America" meme, with the dollar and Wall Street futures sliding.
So, the Supreme Court strikes down President Trump's signature emergency ...
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South Korean President Lee Jae Myung held summit talks in Seoul on Monday with Brazilian President Luiz Inacio Lula da Silva, where they agreed to expand cooperation in sectors including trade, key minerals, technology and culture.
The leaders plan to elevate the bilateral relationship into a strategic pa...
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The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
Trump responded within hours to the ruling on Friday, slappi...
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Switzerland should prepare for the likelihood that U.S. tariffs will remain in place permanently, the head of the State Secretariat for Economic Affairs (SECO) was quoted as saying on Sunday, despite last week's U.S. Supreme Court ruling.
Switzerland was one of the countries in the sights of U.S. President...
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The European Commission demanded on Sunday that the United States stick to the terms of an EU-U.S. trade deal reached last year, after the U.S. Supreme Court struck down Donald Trump's global tariffs and he responded with new levies across the board.
The Commission, which negotiates trade policy on behalf ...
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U.S. trading partners in Asia were weighing fresh uncertainties this weekend after President Donald Trump announced a new tariff on imports, hours after the Supreme Court struck down many of the sweeping levies he used to launch a global trade war.
The court's ruling invalidated a number of tariffs that th...
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The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
Trump responded within hours to the ruling on Friday, slappi...
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Chinese President Xi Jinping is heading to the negotiating table with Donald Trump with a boost in bargaining power, after the US leader lost his ability to quickly raise tariffs for nearly any reason.
Weeks before Trump lands in Beijing on March 31, the first trip by an American president since his last v...
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Banking
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Finance Minister Nirmala Sitharaman has once again called on banks to refocus on core banking activities, cautioning against excessive diversification, aggressive lending practices, and the mis-selling of financial products.
Speaking at a press interaction in New Delhi on Monday, Sitharaman said banks must...
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The Reserve Bank of India on Monday said that it sees no systemic risk emerging from the IDFC First Bank fraud case.
Addressing a joint press conference alongside Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra said, "We are watching the development, there is no systemic issue."...
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The earnings of the overall banking sector in the country are expected to register a strong rebound of 17 per cent over the period of FY27-28E, driven by improved loan growth, recovery in margins and stable asset quality, according to a report by IIFL Capital.
The report noted that the tide is turning for ...
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State Bank of India (SBI) -- the country's biggest lender -- has set a goal of increasing green advances to 7.5-10 per cent by 2030, with 25 per cent of these advances to be funded through green lines of credit.
Green advances portfolio was 1.56 per cent of the bank's total advances as on March 31, 2025....
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The Reserve Bank of India’s (RBI) new guidelines on mis-selling of financial products and broker funding are expected to hit banks’ fee income, said bankers and analysts.
Bancassurance is a widely used model where banks partner with insurance firms to distribute insurance products, earning significant fee...
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GLOBAL ECONOMY
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Indonesia reported a 54.6 trillion rupiah ($3.25 billion) budget deficit in January, the equivalent of 0.21% of its GDP, with total spending jumping 26% from a year earlier due to the costs of President Prabowo Subianto's free mea...
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The United States will stop collecting tariffs that the Supreme Court ruled illegal. The US Customs and Border Protection (CBP) announced that it will halt these tariff collections at 12:01 am EST (5:01 GMT) on Tuesday, more than ...
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U.S. imports grew and the trade deficit remained historically large last year, data released Thursday showed, as steep tariffs imposed by President Donald Trump scrambled trade but did not halt it.
High tariffs and unpredictabl...
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US President Donald Trump’s global tariffs were struck down by the Supreme Court, undercutting his signature economic policy and kicking off what could be a prolonged battle over refunds.
Net trade ended up barely adding to US ...
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Brussels is prepared to respond to the United States’ latest tariffs, France’s Trade Minister Nicolas Forissier told the Financial Times on Saturday.
Paris is in talks with European Union partners and the European Commission af...
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INDIAN CORPORATE
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Smartphone maker Motorola plans to sharpen its focus towards the premium and mid-premium users in the Indian market, targeting a 10% market share while continuing to manufacture devices through contract manufacturing partners that...
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Feb 22, OMC Power has forayed into leveraging repurposed EV batteries to deliver energy storage solutions across diverse market segments, a top company executive said.
OMC Power is involved in rooftop solarisation, EPC, greenin...
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Adani Group Chairman Gautam Adani on Sunday visited project sites in Jharkhand and Bihar, reviewing major power investments to the tune of over Rs 40,000 crore, which underscore the conglomerate's expanding presence in eastern Ind...
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