New Delhi: The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While…
Washington: The US and India on Saturday announced that they have reached a framework for an interim trade agreement, under which America will reduce tariffs on India to 18 per cent, according to a joint statement issued by the White House. It said the framework reaffirms the countries’ commitment to the broader US-India Bilateral Trade…
New Delhi: The India-US trade pact will open a USD 30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen, Commerce and Industry Minister Piyush Goyal said on Saturday. He said the increase in exports will create lakhs of new job opportunities for women and youth across the country. “Under the decisive leadership of…
Washington: The US on Saturday said India has committed to stop directly or indirectly importing Russian oil, following which the additional 25 per cent tariffs imposed by America on Indian goods will be removed from February 7. According to an executive order issued by the White House, India has also committed to a framework with…
New Delhi: India plans to buy USD 500 billion worth of goods from the US over the next five years, including energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal, according to a joint statement. The two countries will significantly increase trade in technology products, including Graphics Processing Units and other…
Nagpur: The Union government’s policies have been very progressive, and the Budget 2026-27 has set the roadmap for the country’s growth till at least 2047, Adani Defence & Aerospace Director Jeet Adani said on Friday. Speaking to reporters on the sidelines of `Advantage Vidarbha 2026 (Business conclave & Investment Summit)’, Adani said the Union Budget…
Jammu: Jammu and Kashmir Chief Minister Omar Abdullah on Friday presented a Rs 1.27 lakh crore Budget for 2026-2027 in the Legislative Assembly, asserting that the financial plan aims to lay a strong foundation for sustainable growth, social harmony and economic prosperity in the Union Territory. He said his government is committed to transforming J&K…
New Delhi: Air India’s transformation is now like being on the morning of the fifth day of a cricket Test match, as the heavy lifting has been done, the airline’s chief Campbell Wilson has said. The loss-making Air India, which was privatised in January 2022, has been facing various headwinds, and when asked about profitability,…
New Delhi: Mahindra Group on Friday said it will invest Rs 15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the…
New Delhi: After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties. This is the first monetary policy review after Finance Minister Nirmala Sitharaman announced the Budget for financial year 2026-27. Announcing the sixth and final bi-monthly monetary policy for the…
