India tariffs were cut from 18% to 10% following Trump’s significant Supreme Court defeat.

According to the White House, US trading partners, including India, that completed tariff arrangements with the Trump administration before the Supreme Court’s decision will now be temporarily subject to a flat 10% duty. This holds even if they previously agreed to higher charges under those agreements. A White House official emphasized that trade partners must…

Read More

FIIs sold IT stocks worth Rs 10,956 cr in early February, bringing holdings down to a 4-year low.

A major source of income for India’s software exporters, the demand for large-scale, human-led coding and IT support services may decline due to rapid advancements in generative artificial intelligence. This is why foreign institutional investors (FIIs) sold over Rs 10,956 crore worth of information technology stocks in the first half of February. Due to this…

Read More

Wholesale price inflation reached a ten-month high of 1.81% in January.

According to data released on Monday by the Ministry of Commerce and Industry, India’s wholesale price inflation increased to a 10-month high of 1.81% year-over-year in January, up from 0.83% in December. The price increases were mostly caused by increases in non-food and food articles, textiles, basic metals, and other manufactured goods. From -1.0% in…

Read More

BHEL been awarded a BTG package order of Rs 1,200 crore for Hindalco’s Aditya Aluminium facility located in Odisha.

Hindalco Industries placed an order with Bharat Heavy Electrical (BHEL) for between Rs 1,200 and Rs 1,500 crore. The order victory is for the implementation of a two-unit, 150-megawatt BTG package at the state-owned company’s Aditya Aluminum factory in Lapanga, Sambalpur district, according to a BSE announcement. Under the contract, the BTG package will be…

Read More

How the “mother of all deals” free trade agreement opens up India’s $20 trillion EU market

A long-awaited free trade agreement between India and the EU has been finalized. This agreement covers economies that account for one-third of global commerce and almost 25% of the world’s GDP. As the two biggest democracies in the world look to protect themselves from erratic relations with the US, the agreement will deepen their political…

Read More

BPCL will more than double its intake of Brazilian crude through a $780 million arrangement with Petrobras.

As state-run Bharat Petroleum Corporation Ltd. (BPCL) works to expand crude procurement from non-Russian sources, India’s oil import policy is clearly being reevaluated. The Ministry of Petroleum and Natural Gas announced on Friday that BPCL would double the amount of its FY26 contract by purchasing 12 million barrels of crude oil from Brazil’s state-owned Petrobras…

Read More