India Urges EU to Address Non-Tariff Barriers in Upcoming Free Trade Agreement, ETCFO

New Delhi, India should press the European Union (EU) to clear the “dense web” of non-tariff barriers for domestic products, especially in the agri and pharma sectors, under the proposed free trade agreement, as such restrictions often “blunt” the benefits of tariff reductions, think tank GTRI said on Monday. The conclusion of the India-EU free trade […]

Push for Investment and Exports in Union Budget 2026, Urges Expert, ETCFO

To give impetus to growth, the Union Budget 2026 must prioritise investment and exports, former finance secretary Subhash Chandra Garg said in an exclusive interview with ETCFO. Garg noted that while India’s real GDP growth remains healthy, its growth in nominal and dollar terms lags global peers. “If we want to compare ourselves globally, it is […]

Banking Sector Calls for Measures to Enhance Deposits and Credit Growth, ETCFO

Budget 2026: Banking sector expects support for bolstering deposits, credit growth and structural reforms As the Union Budget 2026 approaches, India’s banking sector is pushing for fiscal measures aimed at addressing rising credit demand, lagging deposit growth and broader structural challenges, with policymakers expected to weigh incentives that could strengthen financial intermediation and economic momentum. A […]

Phone machines likely to get rid of duty friction, ETCFO

NEW DELHI: The government is actively looking into demands by the electronics industry to correct the inverted duty structure in the upcoming budget on parts and components of capital equipment for mobile phones in a bid to keep the manufacturing momentum going, people aware of the details told ET. This follows China’s restrictions on exports of […]

Tata Motors Requests Budget Incentives for Entry-Level Electric Vehicles, ETCFO

There is enhanced pressure on the entry-level EVs with GST reforms leading to reduction in prices of petrol cars, Shailesh Chandra said. Tata Motors has sought targeted incentives for entry-level electric vehicles and support to the electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget. In an interaction […]

Gold and Silver Prices Soar as Trump Threatens Tariffs Over Greenland, ETCFO

Gold and silver prices surged to record highs on Monday, as investors ‍flocked to safe-haven assets on intensifying tensions, after U.S. President Donald Trump threatened to impose ⁠extra tariffs on European countries over the control of Greenland. FUNDAMENTALS * Spot gold climbed 1.6% to $4,670.01 per ounce by 0110 GMT, after scaling an all-time high of […]

EU scrambles to avert Trump Greenland tariffs, prepares retaliation, ETCFO

European Union ambassadors reached broad agreement on Sunday to intensify efforts to dissuade U.S. President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory ⁠measures should the duties go ahead, EU diplomats said. Trump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, […]