NEW DELHI: The govt on Thursday said amendments in the White House fact sheet on the framework for an interim India-US trade deal reflected the shared understandings contained in the earlier joint statement that formed the basis of the agreement reached by both sides.The fact sheet issued days after the joint statement had stirred up…
Top stocks to buy today (AI image) Stock market recommendations: Bajaj Broking Research recommends buying Tata Power, and Manappuram Finance as the top stocks picks for February 13, 2026 with a 3-month timeframe for target. It also shares its view on Nifty and Bank Nifty: Index View: NIFTY Indian benchmark indices traded within a narrow…
Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade deal…
Retail inflation stood at 2.75 per cent in January 2026 under the new Consumer Price Index (CPI) series with base year 2024=100, the government said. Year-on-year inflation based on the All India CPI (Base 2024) for January 2026 stood at 2.75 per cent (provisional) compared with January 2025. The corresponding inflation rates were 2.73 per…
India will receive concessional duty access for garments made using American yarn and cotton under the proposed trade agreement with the United States, similar to benefits currently available to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.The US has reduced reciprocal tariffs on Bangladeshi goods to 19%, though garments attract zero duty only…
The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of the…
Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…
TOI correspondent from Washington: A rare congressional rebuke of President Donald Trump’s Canada tariffs, a presidential rant targeting a flagship US-Canada bridge, and an impending Supreme Court ruling on emergency trade powers are converging to deepen uncertainty around American trade policy — and raising fresh doubts about the durability of the fledgling US-India trade framework.On…
CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…
AI image (Picture credit: OpenAI via ChatGPT) For thousands of Indian professionals and the companies that seek to hire them, the upcoming H-1B season for fiscal (FY) 2027, may prove to be the most uncertain in the program’s history, where higher wages improve selection odds, a $100,000 entry fee deters overseas hiring, and US consulates…
