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Economy
US Changes India Trade Deal Statement, Sparking Confusion
The US government changed its official factsheet on the interim trade agreement with India, which eliminated major language and introduced new ambiguity on what the deal entails. The new
Taxpayer Base More than Doubled in the Last Decade
The taxpayer base in India has been growing tremendously over the last 10 years as the population of income tax filers more than doubled, showing a wider participation in
Walmart Becomes First Retailer to Hit $1tn Market Value
Walmart, the first company to ever be valued by the market at one trillion, has emerged as the first technology giant-dominated industry to bypass the technology industry on the
India's Union Budget FY 2026-27: Key highlights
The latest Union Budget 2026-27, laid down on 1 February 2026, puts sustainable economic development, infrastructure development, and inclusive development in the first line. It underlines the promotion of
Tripura Gramin Bank Launches India’s First Solar-Powered ATM Van
Tripura Gramin Bank has officially opened the first fully solar-powered ATM van in India. The new solar ATM van is powered entirely by the sun, enabling other banking activities,
India Emerges as World’s Largest Rice Producer
India has officially become the world’s largest rice producer, surpassing China, with an all-time high of 150.18 million tonnes of rice produced in the 2024-25 season, as announced by
Government of India Launches ₹7,280 Crore Scheme for Rare Earth Permanent Magnets
The Union Cabinet of India has approved a scheme with a wholesale value of Rs 7,280 crore to promote the manufacture of rare earth permanent magnets in India, which
IIFL Finance appoints ex-RBI Deputy Governor B. P. Kanungo as Chairman
Bibhu Prasad (B. P.) Kanungo has also been made the non-executive chairman of IIFL Finance, a former Deputy Governor of the RESERVE Bank of India, and has over many
India and Oman Sign the Comprehensive Economic Partnership Agreement (CEPA)
India and Oman have entered into an agreement of Comprehensive Economic Partnership (CEPA) in order to considerably enrich the economic and trading ties between the two nations. The agreement
RBI Retains SBI, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks
The Reserve Bank of India has now officially reaffirmed State Bank of India, HDFC Bank and ICICI Bank as the country's safest banks by keeping them as Domestic Systemically
