India Emerges as Key Oil Buyer While Expanding Green Energy

India Emerges as Key Oil Buyer While Expanding Green Energy

India is expected to be the biggest driver of global oil demand growth in the coming years, even as it speeds up its shift to cleaner energy. At an energy meeting in Mumbai, experts discussed how trade changes and tensions around the world are...

India’s Trade Shortfall Could Reach USD 300 Billion Next Year

India’s Trade Shortfall Could Reach USD 300 Billion Next Year

India’s trade gap is likely to widen to USD 300 billion in the financial year 2025-26, says a new report by ICICI Bank. This is expected even though oil prices are set to stay stable. The main reason for the rising trade deficit is weak...

Foreign Investors Pour ₹13,107 Crore into Indian Markets in a Week

Foreign Investors Pour ₹13,107 Crore into Indian Markets in a Week

Foreign investors have shown renewed interest in India’s stock markets. In just one week, from June 23 to June 27, Foreign Portfolio Investors (FPIs) put in a net amount of ₹13,107 crore. This sharp rise comes after the Reserve Bank of...

U.S. Economy Shrinks 0.5% as Imports Surge Before Tariffs

U.S. Economy Shrinks 0.5% as Imports Surge Before Tariffs

The U.S. economy shrank by 0.5% in the first three months of 2025, according to a new report from the Commerce Department. This was worse than the earlier estimate of a 0.2% drop. Experts had expected the numbers to stay the same, making this...

New India-UK FTA to Boost Exports with Zero Duty Access

New India-UK FTA to Boost Exports with Zero Duty Access

India and the UK have finished talks on a Free Trade Agreement (FTA) on May 6, bringing in new rules to help trade and stop unfair use of tariff benefits. A key change is the “coequal rule” under product origin rules. This means...

India Moves Up in Global Sustainable Development Rankings

India Moves Up in Global Sustainable Development Rankings

India has made progress in its efforts to achieve the Sustainable Development Goals (SDGs). According to the latest Sustainable Development Report (SDR) published on Tuesday, June 24, 2025, India now ranks 99th out of 167 countries. This is a...

India’s Economic Growth Forecast Raised to 6.5% by S&P Global

India’s Economic Growth Forecast Raised to 6.5% by S&P Global

S&P Global has raised India’s economic growth forecast for the current financial year to 6.5%, up from its earlier estimate of 6.3%. The revised outlook reflects growing confidence in the Indian economy’s ability to navigate global...

Indian Exporters Show Strength Despite Global Challenges, Says Finance Minister

Indian Exporters Show Strength Despite Global Challenges, Says Finance Minister

Finance Minister Nirmala Sitharaman praised Indian exporters for their strong performance, even as global trade faces many problems. Speaking at the India Exim Bank Trade Conclave, she said India’s export growth of 6.3% is higher than the...

Nirmala Sitharaman Urges CBDT to Clear Tax Grievance Backlog and Speed Up Refunds

Nirmala Sitharaman Urges CBDT to Clear Tax Grievance Backlog and Speed Up Refunds

Finance Minister Nirmala Sitharaman has asked the Central Board of Direct Taxes (CBDT) to quickly reduce the backlog of complaints in systems like CPGRAMS and e-Nivaran. While leading a meeting with senior Income Tax officials, she said that...

PM Modi Launches ₹18,600 Crore Development Projects and Flags Off New Trains in Odisha

PM Modi Launches ₹18,600 Crore Development Projects and Flags Off New Trains in Odisha

Prime Minister Narendra Modi launched 105 new development projects worth over ₹18,600 crore during his visit to Odisha. The projects cover key areas like drinking water, irrigation, healthcare, roads, bridges, highways, and railway...

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