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Zero US duty on diamonds a landmark move: Avinash Gupta
Business

Zero US duty on diamonds a landmark move: Avinash Gupta

Mumbai, Feb 10: The India-US trade deal is very good and the biggest advantage it brings to the diamond industry is that under Section 3, diamonds and gemstones will now be moved to a zero per cent tariff, which is a major step forward, Avinash Gupta, Vice Chairman of All India Gem and...
India-US trade deal to boost gems, jewellery exports: Industry
Business

India-US trade deal to boost gems, jewellery exports: Industry

Mumbai/Jaipur, Feb 9: Leading players from India’s gems and jewellery industry welcomed the India-US tariff agreement, calling it a historic step that would open up a large, high-value American market for Indian exporters and significantly boost bilateral trade.Dinesh Lakhani, Director of...
Adani secures Japan funding for 6,000 MW green energy corridor
Business

Adani secures Japan funding for 6,000 MW green energy corridor

Ahmedabad, Feb 9: Adani Energy Solutions Ltd (AESL) on Monday said it has secured long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current (HVDC) transmission project.This project will ensure a 6,000 MW green evacuation corridor designed to...
Interim trade agreement between India, US hailed by health sector
Business

Interim trade agreement between India, US hailed by health sector

New Delhi, Feb 7: Health industry leaders on Saturday welcomed the interim agreement on the bilateral trade deal between India and the US.As part of the interim framework, the US will slash reciprocal tariffs on Indian goods to 18 per cent. The US will also remove the reciprocal tariff on...
US lawmakers call for investigation into SpaceX over China ties
Business

US lawmakers call for investigation into SpaceX over China ties

New Delhi, Feb 7: Two US Democratic senators, Elizabeth Warren (from Massachusetts) and Andy Kim (from New Jersey), have reportedly urged the Department of Defense (DOD) to conduct a review of billionaire Elon Musk-led SpaceX.The senators alleged that Chinese investors have secretly acquired...
India secures lowest US tariffs; agri, dairy fully protected: Goyal
Business

India secures lowest US tariffs; agri, dairy fully protected: Goyal

New Delhi, Feb 7: Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country now has lowest US tariffs among its neighbours as well as competitors.China has...
RBI to introduce new compensation norms for customers hit by bank fraud
Business

RBI to introduce new compensation norms for customers hit by bank fraud

Mumbai, Feb 6: RBI Governor Sanjay Malhotra announced on Friday that the RBI is drawing up fresh rules on compensation for customers of banks in case of small-value fraudulent transactions.The extant instructions on limiting the liability of customers in unauthorised electronic banking...
India’s single-specialty hospital market set for 22% annual growth till 2030
Business

India’s single-specialty hospital market set for 22% annual growth till 2030

Mumbai, Feb 5: India's single-specialty health provider market will reach $12.3 billion by 2030, up from around $4.4 billion in 2025, growing at a 22 per cent compound annual growth rate at double the pace of the broader provider sector, a report said on Thursday.Bessemer Venture Partners said...
Adani Energy becomes 1st Indian firm to deliver 1 crore smart meters
Business

Adani Energy becomes 1st Indian firm to deliver 1 crore smart meters

Ahmedabad, Feb 5: In a significant development, Adani Energy Solutions Limited (AESL) on Thursday became the first player in India, and perhaps globally, to have successfully delivered 1 crore electricity smart meters across discoms — with the next 1 crore projected to be delivered in the...
India to launch first cooperative-model ride-hailing app Bharat Taxi today
Business

India to launch first cooperative-model ride-hailing app Bharat Taxi today

Mumbai, Feb 5: Union Home and Cooperation Minister Amit Shah on Thursday will launch Bharat Taxi, India's first ride‑hailing service application based on a co-operative model.The minister will unveil the application as a government‑backed alternative to established players such as Uber, Ola,...
Four key conditions set for foreign firms to qualify for tax holiday benefits
Business

Four key conditions set for foreign firms to qualify for tax holiday benefits

New Delhi, Feb 4: As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four essential conditions for foreign firms to meet to become applicable for the exemption.The exemption is available from tax year 2026-27 onwards till...
After Budget and India-US trade deal, focus shifts to RBI repo rate call
Business

After Budget and India-US trade deal, focus shifts to RBI repo rate call

New Delhi, Feb 4: After the Union Budget 2026 and the historic India-US trade deal, all eyes are now on the three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting that begins from Wednesday, with the key repo rate decision on Friday.Economists believe RBI Governor...
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