India

Russia sanctions bill may expose Indian exports to 100% US tariff: GTRI

The US Senate's approval of a bill on Russia sanctions could expose Indian exports to additional tariffs of up to 100 per cent if India continues buying Russian crude oil, think tank GTRI said on Saturday. The US Senate voted overwhelmingly to approve a bill to punish Russia and key buyers of its petroleum products, such as China and India, claiming that such trade helps fuel the Ukraine war. This bill will allow US President Donald Trump to impose 100 per cent tariffs on goods from countries that are the top five importers of Russian oil and gas. The Global Trade Research Initiative (GTRI) said that India, being the second-largest buyer of Russian crude, is exposed to high tariffs. Russia supplied 30.3 per cent of India's crude imports in FY2026, worth USD 40.8 billion, helping reduce costs and contain inflation. "The US Senate has overwhelmingly approved legislation that could expose Indian exports to additional tariffs of up to 100 per cent if India continues buying Russian cru

Updated On: 08 Aug 2026 | 7:26 PM IST

RBI MPC Outcome August 2026: RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday kept the repo rate unchanged at 5.25 per cent.

Updated On: 05 Aug 2026 | 7:49 PM IST
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How domestic investors overtook foreign investors as India's biggest market owners

For the first time ever, domestic institutional investors (DIIs) own a bigger share of India's stock market than foreign investors (FIIs). What's driving this historic shift.

Updated On: 05 Aug 2026 | 1:00 PM IST
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Why India's Manufacturing PMI just hit a 5-year low | Indian Economy | Jobs | Business News

India's manufacturing activity slowed to its weakest pace in nearly five years, even as factories continued to expand. What's behind the slowdown, and what does it mean for the economy?

Updated On: 04 Aug 2026 | 8:50 PM IST
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India currently faces 9 WTO disputes over sugar subsidies, ICT tariffs, PLI

Commerce MoS Jitin Prasada said India is defending nine WTO disputes involving sugar subsidies, ICT tariffs and PLI schemes, with appeals pending in several cases.

Updated On: 04 Aug 2026 | 7:03 PM IST

How India’s top investors beat a flat stock market in July

While the broader market has barely moved in July, some of India's best-known investors have quietly outperformed. From Vijay Kedia and Madhusudan Kela to Akash Bhansali and Ashish Dhawan

Updated On: 03 Aug 2026 | 12:29 PM IST
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India, Pak "screamed and yelled": Trump in latest claim of stopping war

India and Pakistan were "very angry, and screamed and yelled" when the US threatened tariffs if they did not end their war, President Donald Trump claimed on Friday, referring to Operation Sindoor last year. In an interaction with the media at Camp David near here, Trump said 11 planes were shot down during the raging war between India and Pakistan, a claim disputed by New Delhi. Trump reiterated his claim to have stopped eight wars during his presidency and asserted that Russian President Vladimir Putin wanted to make a deal to end the war with Ukraine. "We ended the India-Pakistan (war). 11 planes were shot down. That was raging. That was good. I used tariffs. I said, 'If you're going to go to war, 250 per cent tariff.' Each of them," Trump said at a media interaction after a televised meeting with his cabinet colleagues. "And they (India and Pakistan) screamed and yelled and were very angry. They were both angry about it. A day later they called and they said, 'We will not go to

Updated On: 31 Jul 2026 | 11:16 PM IST

From Bank of Baroda to Air India: India’s biggest data breaches | Cybercrime | Data leak

From Bank of Baroda and Tata Electronics to WazirX, ICMR and Air India, India has witnessed several major data breaches in recent years. Why are cyberattacks becoming more frequent, and how prepared.

Updated On: 31 Jul 2026 | 9:24 PM IST
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Who owns India's wealth?

India is creating more self-made billionaires than ever before—but wealth is still concentrated in the hands of a few. From the rise of first-generation entrepreneurs to the sectors driving.

Updated On: 31 Jul 2026 | 9:18 PM IST
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India’s smartphone exports are booming: Can Apple keep the momentum going?

India’s smartphone exports by value grew 23.4% year-on-year to a record $9.84 billion in the first quarter of FY27, with the US accounting for 71% of export value.

Updated On: 30 Jul 2026 | 8:34 PM IST
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What's holding back India's manufacturing dream?

India wants to become a global manufacturing powerhouse. But can it lead in semiconductors, EVs and AI without building the industrial backbone that supports them?

Updated On: 30 Jul 2026 | 8:23 PM IST
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All about India’s first indigenous expendable turbojet engine | Defence news

ndia has developed its first indigenous 350-kg thrust-class expendable turbojet engine. Designed by DRDO’s Gas Turbine Research Establishment and manufactured by Hyderabad-based Azad Engineering,

Updated On: 29 Jul 2026 | 9:26 PM IST
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How Nandan Nilekani’s task force plans to reform India’s exams | NEET exam protest | CJP

Prime Minister Narendra Modi has announced a high-powered task force, headed by Infosys co-founder Nandan Nilekani, to recommend reforms for examinations conducted by the National Testing Agency (NTA)

Updated On: 29 Jul 2026 | 9:18 PM IST
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How OpenAI's model escaped testing and hacked Hugging Face

OpenAI says its advanced AI models, GPT-5.6 Sol and another more capable unreleased model, breached Hugging Face's systems during an internal cybersecurity evaluation.

Updated On: 29 Jul 2026 | 9:10 PM IST
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Govt orders sugar dealers to limit stocks to 30 days and 4,000 quintals

The government on Tuesday directed that no dealer of sugar should hold stock for more than 30 days and also imposed a stock limit of 4,000 quintals as part of its efforts to keep prices of sweetener under control. The order would come into force with effect from August 1, 2026, and would remain in force up to November 30, 2026. In a gazette notification, the Ministry of Food and Consumer Affairs imposed this restriction using powers under section 3 of the Essential Commodities Act, 1955, and the Sugar (Control) Order, 2025. "...Central Government hereby directs that no dealer of sugar shall hold any stock for a period exceeding thirty days from the date of receipt of such stock and shall not keep sugar in stock at any time and in any place throughout the country in excess of 4,000 quintals," the notification said. To keep prices under check amid a forecast of a deficit monsoon, the Centre has already banned sugar exports. The order would not apply to sugar stocks held on the ...

Updated On: 28 Jul 2026 | 11:37 PM IST

India's green hydrogen plans gain pace, but demand and costs pose hurdles

India's green hydrogen sector is gathering pace, but assured demand, enabling infrastructure, lower production costs and faster project execution will be critical to growth

Updated On: 28 Jul 2026 | 10:31 PM IST

US widens foreign exchange review, keeps India off currency watch list

US Treasury expands its assessment framework for exchange-rate policies while concluding that India did not manipulate the rupee to gain a trade advantage

Updated On: 28 Jul 2026 | 12:36 AM IST

MEA dismisses Pakistan's flood allegations as 'baseless' and false

India on Friday rejected reports that the Indian side is "deliberately" causing flooding in Pakistan by releasing river waters and described the allegations as "baseless and contrary to the facts". The Ministry of External Affairs (MEA) referred to statements from Pakistani authorities acknowledging a rise in river levels in view of heavy monsoon rain areas across the border. "Pakistani media reports alleging that India is deliberately causing flooding is baseless and contrary to the facts. The recent increase in flows in the River Chenab is a direct consequence of intense monsoon rainfall over Jammu and adjoining catchment areas during July 20 to 23," External Affairs Ministry spokesperson Randhir Jaiswal said. "Significantly, Pakistan's own flood forecasting division, which is based in Lahore, in its flood advisory issued on July 22 -- and let me also give you the time it was issued at 1718 hours local time -- attributed the high flood levels in the Chenab river to heavy rainfall

Updated On: 24 Jul 2026 | 11:37 PM IST

NEET protests to JP Movement: How student movements have changed India's history

A paper leak sparked the latest student protests in India—but history suggests this may be about much more than NEET. From the Nav Nirman Movement and JP Movement to the Mandal protests, India Against

Updated On: 24 Jul 2026 | 4:31 PM IST
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Why the US has imposed a new 10% tariff on Indian goods

The United States has imposed new tariffs ranging from 10% to 12.5% on imports from 60 countries over concerns about goods made using forced labour.

Updated On: 24 Jul 2026 | 4:30 PM IST
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