business

PM Modi proposes linking UPI with BIMSTEC payment systems to boost regional trade

PM Narendra Modi’s proposal to link UPI with BIMSTEC payment systems aims to enhance regional trade, business, and tourism, fostering deeper economic integration and collaboration among member countries.

Trump declares 'economic independence' with 26% tariff on Indian goods

US imposes reciprocal tariffs on India, seeks to address trade imbalances

India, US edge closer to trade deal as PMO steps in

Indian ice cream industry sees fourfold growth, poised to reach ₹45,000 crore by 2028

The Indian ice cream market has grown significantly over the last decade, driven by rising disposable incomes, changing preferences, and expanding distribution channels, with projections to reach ₹45,000 crore by 2028.

India urges FATF to ease compliance for cross-border payments through UPI

India aims to reduce compliance hurdles for UPI in cross-border payments, seeking Financial Action Task Force’s (FATF) support to enhance its global use and competitiveness in the international payments market.

United States' move to impose reciprocal tariffs

US reciprocal tariffs unlikely to hurt India, may open new trade opportunities: Niti Aayog

Compared to major US trade partners like Mexico, China, and Canada — which collectively account for 50% of American imports — India is in a more advantageous position, according to Niti Aayog Programme Director Pravakar Sahoo.

Tata Steel awards key contracts for £1.25 bn green steel project in South Wal

Over 300 skilled jobs in the local supply chain will be part of new contracts signed with Bridgend-based companies Darlow Lloyd and Sons, Wernick Buildings, and Swansea-based business, Andrew Scott Ltd.

Indian RAC market to witness surges this summer

So far in FY 25, the AC industry has seen a good demand amid rising temperatures and increasing disposable incomes.

India set to dominate as world’s leading consumer market: Morgan Stanley report

Rising economic fundamentals, a strong manufacturing sector, and a growing middle class position India as a key player in the global economy despite external challenges.