‘Only matter of time’: India hopes to seal first tranche of US trade deal by year-end; urges both sides to find ‘right landing zone’

India hopes to seal first tranche of US trade deal by year-end India is looking to finalise the opening tranche of the India–US Bilateral Trade Agreement (BTA) before the end of the year, with commerce secretary Rajesh Agarwal saying negotiations have advanced significantly despite recent shifts in global trade conditions. Speaking at FICCI’s Annual General…

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Ease rules for employers! New labour codes slash jail provisions to 22; promote more facilitative regulatory setup

The four new labour codes have significantly reduced the number of offences that carry imprisonment, cutting them to 22 from 87 earlier, according to a senior government official, ET reported.Of these, 16 offences are compoundable, while only six sections now provide for imprisonment along with higher fines for first-time violations related to safety and social…

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Indian economy enters H2 of FY26: Finance ministry says GST reform lifts consumption; sees strong demand despite global risks

The finance ministry on Thursday said the Indian economy entered the second half of the fiscal year on a “firm foundation,” supported by easing inflation, resilient domestic demand and recent tax reforms. The rationalisation of goods and services tax (GST) rates has given a “measurable boost” to consumption, strengthening the growth outlook, it added.In its…

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‘Happy to localise’: Chinese giant mulls India battery plant; Envision plans $34 million output amid soaring storage needs

China’s Envision Group is exploring the possibility of setting up a battery manufacturing plant in India, looking to tap into the country’s rapid push to modernise its grid and integrate more renewable energy.According to Bloomberg, Suman Nag, Envision’s global head for contracts, said the company is evaluating a 5 GWh-a-year, $34 million facility, which would…

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Economy enters H2 on stable footing: Finance ministry

NEW DELHI: The economy enters the second half of FY26 on a stable footing, anchored by well-contained inflation, resilient domestic demand and supportive policy dynamics, even as global uncertainties warrant continued vigilance, a finance ministry report said on Thursday.The monthly report for Oct also cautioned that global uncertainties – including shifting trade policies, geopolitical frictions,…

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Asian stocks today: Markets struggle to build on week’s rally; Wall Street stays shut for Thanksgiving holiday

Asian markets traded in a narrow range on Friday, wrapping up a strong week for global equities amid growing expectations that the US Federal Reserve will cut interest rates again next month. South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index were trading lower, while China’s Shanghai Composite edged into positive territory….

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