Category: Latest NEWS

The Indian rupee weakening trend extended into Tuesday’s trading session, with the currency breaching the 91-per-dollar mark for the first time in nearly a month. Persistent flow-based dollar demand has tightened the squeeze on the local unit, bringing it within striking distance of its historic low and keeping market participants…

The Nestle India CFO appointment marks a significant leadership transition as the company announced the appointment of Edouard Mac Nab as Executive Director, Finance and Control, and Chief Financial Officer, effective March 1. Mac Nab will succeed Svetlana Boldina, who will step down from her role on January 31 to…

India’s external trade performance in December reflected resilience in exports amid mounting global uncertainties, even as the trade deficit widened sharply due to a surge in imports. Data released by the commerce department showed that merchandise exports rose 1.8 per cent year-on-year to $38.51 billion, offering some relief at a…

Japan’s Sumitomo Mitsui Banking Corporation has taken a decisive step in strengthening its footprint in the Indian financial system after receiving the Reserve Bank of India’s in-principle approval to establish a wholly owned subsidiary in the country. The approval allows SMBC India WOS to convert its existing branch operations in…

Hopes for a long-awaited India US Trade Deal received a fresh boost on Monday after newly appointed US Ambassador to India, Sergio Gor, confirmed that Washington and New Delhi would be discussing trade issues in their next scheduled call on Tuesday. His remarks have injected cautious optimism into bilateral economic…

Germany’s new chancellor, Friedrich Merz, arrived in India for a high-profile two-day visit that signals a decisive strengthening of the Germany India strategic partnership at a time of growing global uncertainty and shifting geopolitical alignments. The visit, which included a symbolic stop at Mahatma Gandhi’s ashram, set the tone for…

Lutnick Blames Missed Call for India-US Trade Deal Delay The long-anticipated India-US trade deal has failed to materialise, and US Commerce Secretary Howard Lutnick has offered a blunt explanation. Speaking on the All-In Podcast, Lutnick claimed that the agreement collapsed because Indian Prime Minister Narendra Modi did not personally call…

India’s economy is still expected to grow by 7.4% in the fiscal year 2025–2026, solidifying its standing as one of the major economies with the quickest rates of growth. Even as the global economy struggles with geopolitical tensions and trade disruptions, the prognosis shows the resilience of local demand and…

In a calculated move to ease commercial mobility between the two nations, India has developed a new e-B-4 Production Investment Visa (e-B-4) designed to make it easier for Chinese business experts to enter the country for precisely specified industrial and operational operations. A recent notification posted on the Indian Embassy’s…

The Union government released draft rules on Wednesday that explain how the New Labour Codes laws will be put into effect on the ground. This came a month after they announced four new labor codes. The draft rules, which are open for public comment for 30 to 45 days, spell…