Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

New Delhi (IANS) As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term,…

Mining sector records strong growth in production of key minerals

New Delhi (IANS) The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels…

India cuts import duty on high-capacity motorcycles, boost for US brand Harley-Davidson

New Delhi (IANS) In a strong positive signal to the new US administration under President Donald Trump, India has cut import duty on high-capacity motorcycles in the Union Budget 2025-26, which will give a boost to the American brand Harley-Davidson.

Budget aims to lift overall consumption to stimulate economic growth

New Delhi (IANS) The Union Budget 2025-26 ultimately aims to lift overall consumption which is the need of the hour to stimulate economic growth, said a report on Sunday.  

It’s being addressed by tax incentives in the hands of the middle class…

Budget 2025-26 maintains high Capex amid fiscal prudence: BoB analysis

New Delhi (IANS) The Union Budget for 2025-26 has maintained fiscal prudence without compromising on the quality of expenditure and the government’s borrowing program has been stable, which is positive for markets, according to an analysis by Bank…

Tax booster for middle class: No income tax payable on income up to Rs 12 lakh

New Delhi (IANS) In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard…

Budget impact: Smartphones and EVs to get cheaper; TVs, fabrics to get costlier

New Delhi (IANS) Union Finance Minister Nirmala Sitharaman, presenting the Budget 2025-26 on Saturday, introduced some key changes in basic customs duties (BCDs) that will impact the prices of various goods. 

The budget includes duty exemptions…

India's mutual fund industry grows over 6 times in last 10 years

Mumbai (IANS) India's asset management industry has witnessed a remarkable growth of more than 6 times in the last 10 years, with its assets under management (AUM) growing to Rs 66.93 lakh crore in December 2024 compared to Rs 10.51 lakh crore…

India's 2-wheeler market set to hit new peak next year with 8-10 pc growth

New Delhi (IANS) Following an estimated 12-14 per cent surge this fiscal, the India’s two-wheeler industry is set to grow by another 8-10 per cent in the upcoming year, a report said on Friday. 

The Crisil Ratings report added that it will…

Eco Survey suggests enhanced deregulation for MSMEs to boost growth

New Delhi (IANS) Faster economic growth is only possible if the Union and state governments continue to implement reforms that allow small and medium enterprises to operate efficiently and compete cost-effectively, said the Economic Survey 2024 on…