Economics

India’s Russian oil imports driven by Asia’s richest

India’s Russian oil imports driven by Asia’s richest

India’s Russian oil imports driven by Asia’s richest The global energy map has been shifting rapidly since the war in Ukraine began, and India has found itself right at the center of the story. At the heart of it all lies Reliance Industries Limited (RIL), Asia’s most powerful conglomerate, run by Mukesh Ambani — the […]

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US, China extend tariff truce for 90 days.

US, China extend tariff truce for 90 days.

US, China extend tariff truce for 90 days. The tariff truce between Beijing and Washington, originally scheduled to conclude on August 12, has been a crucial pause in escalating trade tensions between the world’s two largest economies. Without the recent 90-day extension, US tariffs on Chinese imports would have reverted to the steep peak levels

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Nirmala Sitharaman to table revised Tax Bill.

Nirmala Sitharaman to table revised Tax Bill.

Nirmala Sitharaman to table revised Tax Bill. The decision came after extensive deliberations and feedback from stakeholders, paving the way for the introduction of a revised version of the bill. New Delhi: Union Finance Minister Nirmala Sitharaman is gearing up to present the much-anticipated revised Income Tax Bill, 2025 in the Lok Sabha on Monday.

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Indian stock market falls after RBI decision.

Indian stock market falls after RBI decision.

Indian stock market falls after RBI decision. Among the IT stocks, Coforge emerged as the biggest loser of the day, witnessing a sharp decline of 3.49 per cent. The stock faced selling pressure amid broader market weakness and negative sentiment following the RBI’s policy announcements. RBI Keeps Repo Rate Unchanged: Indian Stock Market Reacts Cautiously

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China's New Bullet Train Breaks Speed Records at 450 km/h.

China’s New Bullet Train Breaks Speed Records at 450 km/h.

China’s New Bullet Train Breaks Speed Records at 450 km/h. China’s relentless pursuit of technological advancement in transportation has reached a new milestone with the unveiling and successful testing of the CR450, the prototype of China’s new bullet train. This speed not only surpasses all existing commercial bullet trains but also sets a new benchmark

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RBI keeps interest rate steady to ensure stability.

RBI keeps interest rate steady to ensure stability.

RBI keeps interest rate steady to ensure stability. RBI Governor Sanjay Malhotra announced that the growth rate projection for the financial year 2025-26 (FY26) has been retained at 6.5 per cent. He emphasized that the Indian economy continues to show resilience amid global uncertainties, and the central bank remains focused on maintaining macroeconomic stability. The

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Rupee falls 29 paise to 87.7 against dollar.

Rupee falls 29 paise to 87.7 against dollar.

Rupee falls 29 paise to 87.7 against dollar. On Monday, foreign institutional investors (FIIs) pulled out a significant sum from Indian equities, offloading stocks worth ₹2,566.51 crore on a net basis, according to data from the exchanges. This move signals a cautious stance by global investors amid ongoing market uncertainties and shifting global cues. Such

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Anil Ambani summoned by ED Tuesday in loan fraud case.

Anil Ambani summoned by ED Tuesday in loan fraud case.

Anil Ambani summoned by ED Tuesday in loan fraud case. The Enforcement Directorate has summoned Anil Ambani for questioning on Tuesday in connection with an ongoing money laundering probe. The case involves alleged bank loan fraud worth several crores of rupees linked to his group companies. Officials said the questioning is part of efforts to

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India less disadvantaged by US tariffs than neighbors.

India less disadvantaged by US tariffs than neighbors.

India less disadvantaged by US tariffs than neighbors. India’s effective tariff differential with the US is lower compared to South Asian rivals like Bangladesh, Pakistan, and Sri Lanka. Despite Higher U.S. Tariffs, India Faces Lower Trade Disadvantage Than South Asian Peers: tvbharat24 Analysis Even though the United States has imposed a steep 25% tariff on

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India's Russian oil purchases just one irritation: Rubio.

India’s Russian oil purchases just one irritation: Rubio.

India’s Russian oil purchases just one irritation: Rubio. A major stumbling block preventing India and the United States from finalizing a trade agreement has been India’s strong opposition to allowing greater access to its agriculture and dairy markets for American products. While both nations have made progress on various trade fronts, this particular issue remains

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