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RBI

RBI weighs shift to plastic currency notes, no final call yet

Governor Sanjay Malhotra says polymer notes are under preliminary review, with the RBI assessing benefits and challenges while assuring adequate cash supply across the banking system.

Textile stocks rally up to 11% after Centre removes cotton import duty for five months

Shares of major textile companies surged after the government announced a temporary suspension of cotton import duty, a move expected to ease raw material costs and support exporters facing pressure from rising domestic cotton prices.

India, US strengthen clean energy supply chain ties with new minerals framework

The agreement aims to strengthen cooperation in securing supply chains for critical minerals used in sectors such as clean energy, semiconductors, electric vehicles and advanced technologies.

Canada pushing for ‘game-changer’ trade deal with India, says Mark Carney

Canadian Prime Minister Mark Carney said Ottawa is moving quickly to strengthen economic ties with India through a major trade agreement aimed at expanding investment and bilateral commerce.

gold and silver

India hikes gold, silver import duty to 15% to defend rupee

Duty hike aims to curb gold and silver imports, ease pressure on forex reserves and halt the rupee’s slide.

record $20.5 billion investment

Indian companies commit record $20.5 billion investment in US, pharma drives push

Indian pharma giants lead a multi-billion-dollar investment wave into the US, boosting manufacturing, research, AI, and job creation across several states.

Oil prices fall on Iran deal hopes, but US gas stays above $4.50

Reports of a possible US–Iran agreement to reopen the Strait of Hormuz have pushed crude prices lower, though fuel costs in the US remain elevated due to earlier supply disruptions.

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