US Developing New Tariff Refund System That Could Be Ready in 45 Days

Washington– A US government agency is developing a new system to simplify the tariff refund process, which could be operational within 45 days, according to a report. The move comes as many companies are seeking refunds of emergency tariffs…

US Grants 30-Day Waiver Allowing India to Import Russian Oil

Washington- In a notable development amid the ongoing Iran conflict, the administration of Donald Trump has authorised a temporary 30-day waiver permitting India to import Russian crude oil.

US Treasury Secretary Scott Bessent said the move…

IT Firms’ FY27 Earnings Estimates Cut by 1% as AI Transforms Services: Report

New Delhi- Earnings projections for IT companies for FY27 have been revised downward by 1 per cent, while valuation multiples for large-cap IT services and BPO firms have softened amid uncertainty surrounding the pace and impact of artificial intelligence…

India’s retail vehicle sales jump 25.62% to 24.09 lakh units in February

New Delhi- India’s retail vehicle sales recorded a strong 25.62 per cent year-on-year growth in February, reaching 24.09 lakh units and surpassing the previous best February sales recorded in 2024, according to the Federation of Automobile Dealers…

India aims to achieve 300 million tonnes steel capacity by 2030: Government official

New Delhi — India’s steel sector is targeting a production capacity of 300 million tonnes by 2030 and 400 million tonnes by 2035, as part of efforts to position the country as a global leader in steel manufacturing, a government official…

India’s Manufacturing PMI Climbs to Four-Month Peak in February on Strong Domestic Demand

New Delhi:  India’s manufacturing sector strengthened in February, with the Purchasing Managers’ Index (PMI) rising to 56.9 from 55.4 in January, marking a four-month high. The improvement was driven by robust domestic demand,…

Israel–Iran Conflict May Pressure Indian Markets Amid Rising Oil Prices

Mumbai - Rising hostilities between Israel and Iran are expected to weigh on Indian equity markets in the near term, primarily due to concerns over higher energy prices, market analysts said on Sunday.

According to experts, sectors such…

Revised GDP Series Points to Larger Economy, Stronger Manufacturing: SBI Research

New Delhi: India’s newly revised GDP series indicates not only a larger economic base but also underscores the growing strength of manufacturing as a key engine of growth, even as GDP expansion moderated to 7.8 per cent in the third quarter…

Q3 GDP Growth Seen at 8.3% as GST Rate Cuts Spur Demand: Report

New Delhi: India’s gross domestic product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is expected to stay robust at 8.3 per cent, supported by demand generated from goods and services tax (GST) rate cuts, even…

India’s GDP Likely to Grow 6.8–7.2% in FY27 Amid Reforms and Trade Pacts: EY

New Delhi- India’s economy is expected to register growth between 6.8 per cent and 7.2 per cent in the financial year 2026–27, driven by ongoing economic reforms and a series of bilateral trade agreements with major global economies, according…