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US, India to work toward finalising Interim Agreement with view to concluding BTA: White House fact sheet

New York/Washington:  In the coming weeks, the US and India will work toward finalising the interim agreement on trade with a view to concluding a mutually beneficial Bilateral Trade Agreement, the White House has said. The two countries will also continue negotiations to address remaining issues, including services and investment, labour and government procurement, it…

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Columnist-BG-Srinivas

Margin Wars and the Silver Squeeze

The silver market remains in a critical phase of the ongoing squeeze, characterized by a sharp divergence between paper and physical dynamics. As of early February 2026, spot silver trades around $76–$78 per ounce (following a volatile pullback from January’s peak near $120–$121), reflecting recent leveraged unwinds but not a collapse in underlying fundamentals. This period has been marked by aggressive interventions from…

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A forgettable budget prepared by a finance minister, who forgot promises made last year: Chidambaram

New Delhi: Senior Congress leader P Chidambaram on Monday attacked the government for cutting capital expenditure in 2025-26 at a time ‘when neither the public sector, private sector nor foreign investors are investing in India’, while terming Union Budget 2026-27 a “forgettable budget”. Initiating a general discussion on Union Budget 2026-27 in the Rajya Sabha, the…

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Indian goods to gain edge over China, others in US market after tariff cut to 18 pc: Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent. India and the US have finalised a framework for the first…

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PM’s ‘no policy ping-pong’ doctrine anchors Budget; focus on stability, Viksit Bharat: Sitharaman

New Delhi: Prime Minister Narendra Modi’s emphasis on avoiding “policy ping-pong” has shaped the Union Budget 2026-27, which is anchored in policy stability while laying the pathways for the long-term vision of a ‘Viksit Bharat’ at its core, Finance Minister Nirmala Sitharaman said. Framed as the first Budget of a new five-year fiscal cycle and…

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India US Interim Agreement framework to support MSMEs integration into global value chains: FM

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…

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