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Economy

India is now among top 25 arms exporters globally: FM Nirmala Sitharaman

Gandhinagar (Gujarat) , January 13 (ANI): Union Finance Minister Nirmala Sitharaman stated that India now stands among the top 25 global arms exporters.She highlighted...

Retail inflation eases to 4-month low of 5.22 pc in Dec: Govt data

New Delhi, Jan 13 (PTI) Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in...

Oil jumps on expected hit to China and India’s Russian supplies

By Anna Hirtenstein LONDON (Reuters) - Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest in more than four months, driven by wider U.S.

Rising dollar pressures peers as further Fed cuts questioned

By Samuel Indyk and Rae Wee LONDON (Reuters) -The dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored the strength of the economy and

China, India refiners scour the world for oil supplies as US sanctions to curb Russian supply

By Florence Tan, Siyi Liu, Chen Aizhu and Nidhi Verma SINGAPORE/NEW DELHI (Reuters) - Chinese and Indian refiners are scouring the globe for supplies of crude as fresh U.S. sanctions on Russian

Indian Pharma Industry to see negative volume growth in 3Q 2025, but will maintain strong gross margins: Report

New Delhi , January 13 (ANI): The Indian pharmaceutical market (IPM) has returned to negative volume growth this Q3FY25 after two consecutive quarters of...

Stocks tumble as traders cast doubt on 2025 rate cut

By Amanda Cooper LONDON (Reuters) -Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors to question if interest rates will fall

Union budget may see fiscal consolidation but rural, welfare and subsidies may go up: Goldman Sachs Report

New Delhi , January 13 (ANI): With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman...

India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report

New Delhi , January 13 (ANI): The ASEAN region, alongside India, stands out as a major beneficiary of the ongoing geopolitical shifts. India's trade...

Rupee dives 55 paise, deepest in nearly two years, to hit record low of 86.59 against US dollar

Mumbai, Jan 13 (PTI) The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59...

On Camera

Labour Codes to QCO—Modi’s third term looks more open to economic reforms

The last 17 months have seen a gradual deferment of and pushback against schemes that are protectionist by nature.

Vehicles, TVs, mobile phones—PM EAC report shows rural India is catching up with urban consumers

Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.

General secrets from frozen peaks: A Kargil veteran reveals what politically correct writers left out

At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war. 

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.