iPhone 16 Emerges as India’s Top-Selling Smartphone, Signalling Shift in Buying Trends

Mumbai — India’s smartphone market is witnessing a notable shift in consumer preferences, moving away from its long-standing dominance of budget devices, as Apple’s iPhone 16 base variant emerged as the country’s best-selling…

Public Sector Banks Record Multi-Decadal Low NPAs: Economic Survey

New Delhi- The asset quality of scheduled commercial banks has shown marked improvement, with a sharp decline in bad loans and a rise in recoveries, according to the Economic Survey 2025–26 tabled in Parliament by Finance Minister Nirmala Sitharaman…

Union Budget 2026–27 May See 10% Rise in Capital Expenditure: SBI Report

New Delhi: The Centre’s capital expenditure is likely to cross Rs 12 lakh crore in the upcoming Union Budget for 2026–27, marking an estimated 10 per cent increase over the previous financial year, according to a report released by the…

India’s Industrial Output Jumps to Two-Year High of 7.8% in December

New Delhi- India’s industrial production registered a sharp rise of 7.8 per cent in December 2025, marking the fastest growth in more than two years, driven by broad-based expansion across manufacturing, mining, and electricity, according to…

India’s Economy Set for Stable Growth; Repo Rate Likely to Remain Unchanged Until 2027

New Delhi: India is expected to maintain steady economic momentum over the next two years, with GDP growth projected at 6.5 per cent in 2026 and 6.4 per cent in 2027, keeping the country among the world’s fastest-growing major economies, according…

EU, India Finalise Landmark Free Trade Deal, Creating Market of Two Billion People: Ursula von der Leyen

New Delhi: European Commission President Ursula von der Leyen on Tuesday announced the successful conclusion of the long-awaited India–European Union Free Trade Agreement, describing it as the “mother of all deals” that establishes…

India Set to Slash Import Duties on EU Cars as Free Trade Deal Nears Conclusion

New Delhi - India is preparing to significantly reduce import duties on cars manufactured in the European Union as part of a long-pending free trade agreement, which could be announced as early as Tuesday, according to reports.

Under the proposed…

India’s Tax-to-GDP Ratio Touches 19.6%, Structural Reforms Crucial for Further Improvement: Report

New Delhi- India’s combined tax-to-GDP ratio has climbed to 19.6 per cent, bringing the country on par with several major global economies and underscoring steady improvements in tax collection efficiency, according to a report by Bank…

Hitachi Energy India Receives Rs 26.07 Crore Income-Tax Demand

Mumbai: Hitachi Energy India Limited on Saturday said it has received a tax demand notice of Rs 26.07 crore from the Income-tax Department for the assessment year 2022–23.

In an exchange filing, the company said the demand comprises Rs…

Silver’s 200% Surge Strengthens Near-Term Outlook for Gold: Report

New Delhi - Silver’s extraordinary rally of more than 200 per cent over the past 12 months — far outpacing gold’s roughly 80 per cent rise — has created favourable near-term conditions for gold, according to a new report.