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US President Trump announced the US is pursuing a trade agreement with India, aiming for greater access to Indian markets, similar to the deal struck with Indonesia. Indian commerce ministry officials are currently in the US for trade talks, with expectations of reduced tariffs for India....
Petroleum Minister Hardeep Singh Puri stated that global crude oil prices remain stable despite geopolitical tensions, indicating sufficient energy resources worldwide. India is actively engaging in global energy forums and expanding its clean energy footprint, exploring geothermal cooperation with Iceland. ONGC's increased domestic energy exploration, with a high number of wells drilled, reflects India's commitment to diversifying its energy mix....
India and the US are engaged in fast-paced talks for an interim trade deal, with the tariff rate being a key point of negotiation. Despite potential challenges from a less favorable deal, India has avenues to diversify its exports, particularly in services....
The rupee strengthened to 85.76 against the US dollar, buoyed by a weaker dollar and lower crude oil prices. Gains were capped by persistent foreign fund outflows and uncertainty surrounding India-US trade talks. India's merchandise exports remained steady, while the trade deficit narrowed, and domestic equities closed in the green with FIIs turning net buyers....
NATO Secretary General Mark Rutte warned that Brazil, China and India will face secondary sanctions from the US if Russia doesn't negotiate a peace deal with Ukraine, and said they should lean on President Vladimir Putin to agree to a ceasefire....
Despite global headwinds, India's economy is projected to grow at 6.5% in FY26, driven by domestic tailwinds like low inflation and a benign interest rate environment. Strong gross FDI inflows and rising public capex further support this outlook. The government's infrastructure push and improving domestic demand are expected to boost private investment....
Air India will begin restoring its schedule starting next month after the airline reduced flights following the deadly crash of a Boeing Co. 787 Dreamliner in June....
India's exports to the US witnessed a significant surge of 23.53% in June, reaching $8.3 billion, while imports decreased by 10.61%. During the first quarter of FY26, exports to the US climbed 22.18% to $25.51 billion. Simultaneously, trade with China also experienced growth, with exports increasing by 17.18% in June and 17.87% during the April-June period....
Fueled by Bitcoin's surge past $120,000 after the 2024 US election and optimism surrounding regulatory clarity, Indian crypto enthusiasts are exploring options trading. Exchanges are introducing crypto options with multiple expiry dates, aiming to attract traders seeking higher gains and ways to navigate TDS on virtual assets....
Tesla has officially entered the Indian market, opening its first showroom in Mumbai and displaying two Model Y vehicles. While deliveries are expected to begin after September 2025, the company plans to establish charging infrastructure and expand to Delhi. This move comes amid declining global sales for Tesla, offering a fresh opportunity in India's growing EV market....
The Executive Centre is planning an initial public offering in Mumbai that may raise 26 billion rupees ($303 million), according to people familiar with the matter, to capitalize on the rising demand for workspace in the country....
Godrej Seeds and Genetics Ltd., part of one of India's oldest conglomerates, is mulling a debut local-currency bond sale, according to people familiar with the matter....