Economy

India-US trade deal a win-win for citizens, industries, says Vaishnaw

In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, 'Trade deal between the US and India will lead to a brighter future for both countries'

Indian stocks poised for foreign buying surge after US trade deal

Trade deal's finalisation comes just a day after Budget, which offered fresh support for exporters and sectors including rare earths, reinforcing early signs of improving investor confidence

US tariff cut to boost India textile exports, double-digit growth seen

With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27

India-US deal boosts Make in India, unlocks growth for farmers: Goyal

Goyal also said the trade deal will help India get technology from the US

Indian refiners likely to need wind-down period to halt Russian oil imports

Indian companies have already booked cargoes loading in February and arriving in March, so a wind-down period would be needed to fulfil existing commitments

Manufacturing PMI climbs to 55.4 in January on new orders, hiring

Rising outstanding business volumes drove goods producers to hire extra staff, and the pace of job creation rose to the quickest in three months, the survey stated

Lords committee flags risks for UK industries in India free trade agreement

UK parliamentary panel backs the India-UK FTA as historic but warns British firms may face delayed gains, sectoral risks and tougher competition from Indian exports

Govt notifies new baggage rules; duty-free limit hiked to ₹75,000

The new baggage rules, 2026, come into effect from midnight on February 2 and replace a decade-old baggage rule

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump

The announcement came after a phone call between Prime Minister Narendra Modi and Trump

India-US trade talks: Most sticky issues resolved, says Commerce Secretary

However, the secretary did not put a timeline on the finalisation of the deal, nor did he put a number on the level of convergence achieved by both sides

Customs revenue growth target modest, achievable in FY27: CBIC chief

The FY'27 tax revenue targets are realistic and achievable, the CBIC chief added

Bihar's growth surpasses national average: State finance minister

Bihar's fiscal trajectory demonstrates "disciplined financial management" with the total expenditure by the state government increasing from ₹1.66 lakh crore in 2020-21 to ₹2.82 lakh crore in 2024-25

India manufacturing PMI rebounds in Jan to 55.4 as orders, output pick up

January manufacturing PMI: The rebound in January came after the seasonally adjusted PMI touched a two-year low of 55.0 in December 2025

US pitches Venezuelan crude to India as its Russian oil imports slow

India became a major buyer of Russian oil after Russia's invasion of Ukraine in 2022 triggered Western sanctions that drove down its price

Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement

Officials said the higher provisioning also means that the Food Corporation of India might not have to rely on borrowing or any other means in FY27 to fund its shortfall

Budget 2026 proposes seven high-speed rail corridors linking growth cities

Budget 2026 outlines seven high-speed rail corridors linking cities such as Mumbai-Pune and Delhi-Varanasi, aiming to cut travel time, reduce carbon emissions and support balanced regional development

Budget 2026: Biopharma Shakti plan aims to make India a biologics hub

Union Budget 2026: Finance Minister Nirmala Sitharaman unveils Biopharma Shakti, a ₹10,000 crore, five-year plan to boost domestic biologics, biosimilars, clinical trials and regulatory capacity

Budget 2026 keeps infra at core, raises capital spending to ₹12.2 trillion

Union Budget 2026 scales up capital spending to ₹12.2 trillion, keeping infrastructure at the centre of growth while signalling continued commitment to fiscal consolidation

Budget 2026: FM Sitharaman pegs fiscal deficit at 4.3% of GDP for FY27

FM Nirmala Sitharaman pegged FY27 fiscal deficit at 4.3% of GDP, signalling continued fiscal consolidation, with net tax receipts seen at ₹28.7 trillion and higher tax devolution to states

Why Budget 2026 GDP and inflation numbers may change within weeks

Key GDP and inflation metrics will be revised in February as MoSPI updates base years, meaning several assumptions underpinning Budget 2026 will be recalculated soon after the speech