India-US trade deal impact: Rupee appreciates vs US dollar (AI image) India-US trade deal impact: The Indian rupee appreciated sharply against the US dollar on Tuesday after American President Donald Trump and Prime Minister Narendra Modi announced a trade agreement between India and the US late Monday night. Rupee appreciated by over 1% against the … Read more
Precious metals prices bounced back sharply on Tuesday, with gold and silver gaining over 2 percent after suffering steep losses in the previous session. The earlier decline was driven by the nomination of Kevin Warsh as the next chair of the US Federal Reserve and a hike in margin requirements by CME Group. Spot gold … Read more
Stock market today (AI image) Stock market today LIVE after India-US trade deal: Nifty50 and BSE Sensex soared in opening trade on Tuesday, reacting positively to the India-US trade deal announcement by US President Donald Trump and Prime Minister Narendra Modi. While Nifty50 went above 25,800, BSE Sensex surged over 2,300 points. At 9:16 AM, … Read more
In a relief to small taxpayers, the finance minister has proposed to give them an option to file applications for obtaining lower or nil TDS certificates electronically. A taxpayer typically applies for a lower or nil TDS certificate when their actual tax liability for the year is lower than the standard TDS rate (or nil) … Read more
US Senator Lindsay Graham has linked the US trade deal to India lowering crude oil imports from Russia, and hailed Trump’s pressure tactics. (AI image) India-US trade deal: Lindsey Graham, the US Senator, who was propagating a bill that would impose 500% tariffs on countries buying Russian crude oil has said that India has ‘earned’ … Read more
Finance ministry secretary V Vualnam (File photo) Expenditure secretary V Vualnam says fiscal prudence was a clear priority for govt and within the constraints of the Budget, it has rolled out support for critical sectors. Excerpts:Can you help us understand the overall strategy behind the spending plan? How much flexibility on raising capex does govt … Read more
NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from … Read more
NEW DELHI: The Centre spent 5% of the funds allocated under the flagship package for employment and skilling in FY 2025-26, raising concerns over the incentive structure, targeting and implementation of the programme.The special package announced by the finance minister Nirmala Sitharaman in budget 2024-25 consisted of the internship scheme, upgradation of 1,000 govt run … Read more
NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few … Read more
India-US trade deal (AI image) India-US trade deal: Even as US President Donald Trump has announced an immediate reduction in tariff rate on India to 18%, think tank Global Trade Research Initiative (GTRI) has struck a cautious note on what the deal could mean for India.In a note post post Trump and PM Narendra Modi’s … Read more