The Centre has converted the provisional safeguard duty on steel into a three-year levy of up to 12 per cent to curb cheap imports, mainly from China and other exporting nations
During Russian President Vladimir Putin's visit to New Delhi in December, India and Russia unveiled a raft of measures, including a five-year roadmap to build a robust economic partnership
Real GDP growth accelerated through successive quarters, reaching 8.2 per cent in Q2 of 2025-26, while retail inflation slipped below the Reserve Bank's lower tolerance band of 2 per cent
Experts also believed decarbonisation will continue to be a priority for the industry
The 27-nation bloc is imposing this tax on goods that emit carbon during the manufacturing process
The levy, locally known as a safeguard duty, will be imposed at 12 per cent in the first year followed by 11.5 per cent in the second year and then 11 per cent in the third year
Despite sanctions, Rosneft remained India's largest Russian crude supplier in December; Lukoil also contributed significant volumes
Analysts expect banks' corporate credit to pick up as the bond-loan rate gap narrows and RBI reforms, including acquisition financing and eased exposure norms, begin to bite
In December, Russia remained the country's top supplier but its share fell to less than a quarter of all oil imports from about a third in November
With inflation easing, tax revenues rising and major FTAs taking effect, India's economy held firm in 2025 even as US tariffs and global slowdown fears weighed on trade
Overall Russian oil deliveries to India had slowed to as little as 712,000 barrels a day in the second week of December, before rising, according to Kpler
Besides cooling food prices, the decision of the government to reduce GST rates on about 400 items in September helped in further improving the price situation in the country
The oil companies are seeking to include US LPG prices and the much higher shipping costs from the US
The GST Council may consider cutting tax on air and water purifiers from 18% to 5%, amid worsening air quality and calls to treat them as essential public health equipment
UP's industrial push gains momentum with strong policy incentives, rising land demand, and a major fifth ground-breaking ceremony set to roll out projects worth lakh-crores
After consolidating over 9,000 Department of Regulation circulars into 244 master directions, RBI said it will take up similar exercises across other departments to ease compliance
RBI's Trends and Progress report said small finance banks saw weaker asset quality and lower profits in FY25, even as balance sheets expanded at a faster pace than other banks
The National Statistics Office (NSO) revised the industrial production growth to 0.5 per cent for October 2025 from the provisional estimate of 0.4 per cent released last month
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