Category: Politics

It’s ultimately here – the much-awaited Union Budget for the ensuing financial year. After the signing of the ‘mother of all Agreements’ with the EU bloc, expectations were high for another disruptive move. Has the Central Government delivered? Let’s examine it. 7 Strategic Legs of the Budget Pedestal Budgets are essentially a policy document. Keeping this […]

The Indian side has yet to confirm whether domestic refiners would completely halt Russian imports. New Delhi: India has agreed to stop buying Russian oil and significantly increase purchases from the US and potentially Venezuela, US President Donald Trump said on Monday, while announcing a trade deal with India on social media. The Indian side has […]

NEW DELHI: Private investment is picking up in sectors that are backed by government support, economic affairs secretary Anuradha Thakur said on Monday, calling on industry to take advantage of the assistance pledged in the budget for strategic sectors, including semiconductors, electronics and rare earth, and bolster investment. The government, she said, intends to stay on […]

India-US trade deal: Commerce and Industry Minister Piyush Goyal has said that the India-US trade deal unlocks the power of two large democracies working together for the shared prosperity of their people, and the bilateral partnership will co-create technologies and co-develop solutions. He said the trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled […]

New Delhi [India], February 3 (ANI): Following the announcement of the India-US trade deal on Monday, in which Washington reduced tariffs on India to 18 per cent, New Delhi now faces lower tariffs than its regional export competitors in South and Southeast Asia. With the new tariff structure, India now has a clear advantage over competing […]

US President Donald Trump on Monday announced that the United States and India have finalised a trade deal under which Washington will reduce reciprocal tariffs on Indian goods from 25 per cent to 18 per cent, following a conversation with Prime Minister Narendra Modi. Trump said the agreement was reached with immediate effect and would mark […]

The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report. The proposed changes are aimed at further improving timelines and effectiveness of insolvency […]

President Trump announced India will purchase Venezuelan oil, replacing some of its Russian imports. US President Donald Trump on Saturday said India will buy Venezuelan oil, helping ⁠to replace some of the Russian oil that the world’s third-biggest oil importer buys. “We’ve already made that deal, the concept of the deal,” Trump told reporters aboard Air […]

The Union Budget 2026‑27 set an ambitious Rs 80,000 crore disinvestment and asset monetisation target for the coming fiscal, more than doubling last year’s receipts and signaling the government’s intent to bolster non-tax revenue amid rising capital expenditure. While the Budget does not explicitly mention individual assets, the move is expected to accelerate the ongoing stake […]

The Union Budget 2026 proposed wide-ranging reforms on Customs and Central Excise aimed at simplifying tariffs, strengthening domestic manufacturing, promoting exports and improving trade facilitation. Finance Minister Nirmala Sitharaman in her speech said that proposals seek to “further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty.” Review of Exemptions, […]