Finance Minister Nirmala Sitharaman has announced that the government will now allow 100% Foreign Direct Investment (FDI) in the insurance sector. This major reform, presented in the Union Budget 2025, raises the FDI limit from the earlier cap of...

Larsen & Toubro Ltd (L&T), the engineering and construction giant, has secured a massive order from Adani Power Ltd to set up eight thermal power units, each with a capacity of 800 MW, totalling 6,400 MW. The project, worth over ₹15,000...

The Lok Sabha on Monday passed the Income Tax (No. 2) Bill, 2025, a revised version of the earlier Income Tax Bill, without any debate, despite loud protests from Opposition members. The new legislation seeks to replace the Income Tax Act of 1961...

India and Oman have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant advancement in their bilateral relationship. The talks, which began in November 2023, came to a close with the...

Prime Minister Narendra Modi announced that India is moving rapidly toward becoming the world’s third-largest economy, reaffirming the country’s position as one of the fastest-growing major economies globally. Speaking at the launch...

The Indian government is likely to extend targeted support to sectors such as textiles and chemicals that are expected to be severely impacted by the recent US tariffs. Industry sources said the Commerce Ministry has begun consultations with...

India has firmly opposed the United States’ decision to raise tariffs on Indian exports to 50%, following President Donald Trump’s move to impose an additional 25% duty in response to India’s continued purchase of Russian oil....

In its latest monetary policy review, the Reserve Bank of India (RBI) has decided to keep the repo rate steady at 5.5%, signalling a neutral approach as it seeks to strike a balance between managing inflation and supporting economic recovery. The...

India’s economy is projected to grow between 6.4 percent and 6.7 percent in the financial year 2025–26, according to Deloitte India. The consultancy attributes this optimistic outlook to strong domestic fundamentals, steady consumer...

The ongoing India-US trade standoff continues to grab headlines, especially as the 25% tariff by the US is set to take effect from August 7. In a strong statement, SBI Research has said the tariff move by former US President Donald Trump is a...