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INDIA MARKET | Sun, 8 Feb 2026, 3:10PM IST According to the data, FPIs invested Rs 8,129 crore in this month (till Feb. 6).

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INDIA BUSINESS | Sun, 8 Feb 2026, 2:45PM IST Leading watch maker Titan Company expects sales of luxury Swiss watches to rise sharply in India following the recent India-EU Free Trade Agreement, which has further lowered import duties on such products, said a top company official. The Tata group firm, which operates Helios and Helios Luxe formats, said Swiss brands will become more competitive in the domestic market as they pass on duty benefits to consumers. Its Swiss segment has been growing substantially and is in talks with more brands for its chain of Helios and Helios Luxe, Titan Watches Chief Sales & Marketing Officer Rahul Shukla told PTI. "Swiss watches will play a larger role, and the premium segment will drive the next phase of growth," he said. Duties on Swiss watches have already come down from about 22 per cent to 15 per cent under the India-EFTA FTA, which came into force on October 1, 2025. Switzerland is part of the four-nation European bloc EFTA. The India-EU FTA is expected to further reduce duties. "This .

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INDIA NEWS | Sun, 8 Feb 2026, 2:39PM IST The India of today is negotiating trade deals from a position of strength and confidence that it can offer a future market of USD 35 trillion, Commerce and Industry Minister Piyush Goyal said on Sunday. "That's what is our negotiating strength," Goyal told PTI Videos in an interview. His first after India-US reached an agreement on tariffs, seen as a first step toward finalising a bilateral trade agreement (BTA). Today, India negotiates from a position of strength, "I start by saying look we are 4 trillion dollar economy today, but it is going to be 30-35 trillion by 2047, when we are a developed economy," he said. "And that is the confidence that india has today, that delta of opportunity from 4 trillion to 30-35 trillion, that is the future we offer," he added.

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INDIA NEWS | Sun, 8 Feb 2026, 2:25PM IST The edible oil and soybean processing industry has cautiously welcomed the India-US interim bilateral trade agreement announced on Saturday, but is awaiting crucial details on tariff cuts, quota mechanisms and quality specifications. Under the pact, while the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or cut down import duties on all US industrial goods and a wide range of American food and agricultural products, including soybean oil, distillers dried grains with solubles (DDGS), red sorghum for animal feed, tree nuts, fresh and processed fruits, wine and spirits. IMPORT DEPENDENCE DRIVES CAUTIOUS OPTIMISM --------------------------------------------------------- The Solvent Extractors Association of India (SEA) has welcomed the move, particularly given India's heavy dependence on soybean oil imports. During the 2024-25 edible oil year (November-October), the country imported a record 5.47 million tonnes of soybean oil,

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INDIA NEWS | Sun, 8 Feb 2026, 2:21PM IST Union Commerce and Industry Minister Piyush Goyal on Sunday dismissed criticism about India conceding more to the United States by agreeing to an 18% tariff, asserting that the move would help Indian goods gain a competitive edge, according to a PTI interview. Goyal said India was negotiating trade agreements from a "position of strength", highlighting that Indian exports would face lower tariffs than those from China, which is subject to a 35% tariff, and other countries facing duties of 19% and above.Speaking to PTI in his first interview after India and US reached a tariff agreement seen as a precursor to a broader bilateral trade agreement, Goyal said India today enters trade talks with confidence as a $4 trillion economy. I start negotiations by saying we are a $4 trillion economy today, but we are going to be a $3035 trillion economy by 2047 when we become a developed nation. That is the future market we offer, he said, describing this growth trajectory as Indias core negotiating strength.Also Read: India-U.S. trade deal seen boosting aerospace sourcing, aircraft ordersThe minister further said Indias free trade agreement negotiations are guided by caution, respect for partners sensitivities and strong personal engagement with negotiators. He said he had met every negotiator involved in Indias nine trade agreements, underlining that rapport-building often helps unlock additional benefits, particularly when trade-offs are required. What we do in an FTA affects the nation and our people for decades to come, Goyal said.On the India-European Union free trade agreement, Goyal credited Prime Minister Narendra Modis close engagement with global leaders for its broad acceptance across Europe. He said the impact of every decision was carefully assessed across the economies of all 27 EU member states, adding that the India-EU FTA had seen no negative reaction across the bloc, unlike another EU trade agreement signed in 2019 that continues to face implementation challenges.Offering a glimpse into the behind-the-scenes dynamics of trade talks, Goyal described negotiations as a high-stakes exercise requiring foresight, lateral thinking and composure. Also Read: From wine to walnuts: IndiaUS trade deal set to make American imports cheaperWhile maintaining calm is essential, he said, there are moments when showing temper can be used strategically. He credited guidance from Prime Minister Modi, Home Minister Amit Shah and cabinet colleagues, as well as support from the Prime Ministers Office and the Cabinet Secretary, for enabling a whole-of-government approach to negotiations.— PTI_News (@PTI_News) Goyal said none of the nine trade agreements signed so far had compromised national interest, with public good remaining central to Indias negotiating strategy. He added that all agreements were fair and balanced, and in cases involving smaller economies where concessions were not adequately matched, India supplemented deals with additional inputs to ensure equity.India would have no difficulty purchasing goods worth $500 billion from the United States over the next five years, describing the figure as very conservative given the scale of the countrys expanding economy, Goyal added. He said Indias import demand could reach around $2 trillion during this period, adding that India already imports goods worth about $300 billion from countries other than the US that could potentially be sourced from American suppliers, adding that the opportunity for US exporters would depend on their competitiveness. India and the United States on Saturday announced that they had finalised the framework for the first phase of a bilateral trade agreement. Under a joint statement, India expressed its intention to purchase $500 billion worth of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the next five years.The minister said aviation would account for a significant share of the proposed purchases, noting that India already has aircraft and engine orders worth about $50 billion with Boeing. He said overall aviation requirements, including spare parts and additional aircraft, could exceed $100 billion over the next five years.Goyal said Indias expanding steel industry would drive higher imports of coking coal, with current imports estimated at 1718 billion tonnes annually. As capacity grows, he said, India could require coking coal imports worth about $30 billion per year.He also pointed to rising demand from data centres, artificial intelligence and advanced manufacturing. Goyal said large investments by global technology firms could result in around 10 gigawatts of data centre capacity in India, increasing demand for high-quality machinery, ICT equipment and advanced chips, including for AI and quantum computing.Calling the United States the worlds leading technology provider, Goyal reiterated that the $500 billion purchase target was modest for an economy aiming to grow to $30 trillion by 2047, adding that Indias consumption and import demand would continue to rise.

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INDIA NEWS | Sun, 8 Feb 2026, 2:21PM IST Union Commerce and Industry Minister Piyush Goyal on Sunday dismissed criticism about India conceding more to the United States by agreeing to an 18% tariff, asserting that the move would help Indian goods gain a competitive edge, according to a PTI interview. Goyal said India was negotiating trade agreements from a "position of strength", highlighting that Indian exports would face lower tariffs than those from China, which is subject to a 35% tariff, and other countries facing duties of 19% and above.Speaking to PTI in his first interview after India and US reached a tariff agreement seen as a precursor to a broader bilateral trade agreement, Goyal said India today enters trade talks with confidence as a $4 trillion economy. I start negotiations by saying we are a $4 trillion economy today, but we are going to be a $3035 trillion economy by 2047 when we become a developed nation. That is the future market we offer, he said, describing this growth trajectory as Indias core negotiating strength.Also Read: India-U.S. trade deal seen boosting aerospace sourcing, aircraft ordersThe minister further said Indias free trade agreement negotiations are guided by caution, respect for partners sensitivities and strong personal engagement with negotiators. He said he had met every negotiator involved in Indias nine trade agreements, underlining that rapport-building often helps unlock additional benefits, particularly when trade-offs are required. What we do in an FTA affects the nation and our people for decades to come, Goyal said.On the India-European Union free trade agreement, Goyal credited Prime Minister Narendra Modis close engagement with global leaders for its broad acceptance across Europe. He said the impact of every decision was carefully assessed across the economies of all 27 EU member states, adding that the India-EU FTA had seen no negative reaction across the bloc, unlike another EU trade agreement signed in 2019 that continues to face implementation challenges.Offering a glimpse into the behind-the-scenes dynamics of trade talks, Goyal described negotiations as a high-stakes exercise requiring foresight, lateral thinking and composure. Also Read: From wine to walnuts: IndiaUS trade deal set to make American imports cheaperWhile maintaining calm is essential, he said, there are moments when showing temper can be used strategically. He credited guidance from Prime Minister Modi, Home Minister Amit Shah and cabinet colleagues, as well as support from the Prime Ministers Office and the Cabinet Secretary, for enabling a whole-of-government approach to negotiations.— PTI_News (@PTI_News) Goyal said none of the nine trade agreements signed so far had compromised national interest, with public good remaining central to Indias negotiating strategy. He added that all agreements were fair and balanced, and in cases involving smaller economies where concessions were not adequately matched, India supplemented deals with additional inputs to ensure equity.

Continue reading at Economic Times

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:58PM IST Titan Company anticipates a significant surge in luxury Swiss watch sales in India due to the India-EU Free Trade Agreement, which has reduced import duties. The company expects Swiss brands to become more competitive as they pass on these benefits to consumers, driving growth in the premium segment.

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INDIA MARKET | Sun, 8 Feb 2026, 1:55PM IST Leading cement makers reported strong double-digit year-on-year growth in sales volumes during the December 2025 quarter, even as their realisations came under pressure.

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:49PM IST Infrastructure major Larsen & Toubro (L&T) plans to commission 18 MW of data centre capacity by March-end, taking its total operational capacity to 32 MW by the end of the current fiscal. The total capital expenditure for the data centre stands at around Rs 1,000 crore. In the semiconductor business, L&T is focusing on design-led chips and engaging with multiple customers, with most spending being expensed through the profit and loss account, the company said during Q3 earnings conference call. As far as the electrolyser business is concerned, the company has developed a fully indigenous 4 MW stack and is upgrading it to 8-10 MW, expecting significant orders in the near term. "As of now, we have almost 32 MW of capacity of Data Center, out of which 14 megawatts is up and running, another 18 megawatts will get commissioned by the end of this fiscal year," a company official said during the conference call. "The total capex investment in the data centre is roughly in the ...

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:47PM IST Public sector banks are projected to surpass Rs 2 lakh crore in combined profits this financial year, driven by robust credit and deposit growth. Financial Services Secretary M Nagaraju expressed confidence in the sector's resilience, citing prudent management and strong asset quality.

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:43PM IST Larsen & Toubro will add 18 megawatts of data centre capacity by March-end. This will bring their total operational data centre capacity to 32 megawatts. The company is also focusing on design-led semiconductor chips and is upgrading its indigenous electrolyser stack. These developments signal significant growth for L&T in key infrastructure sectors.

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INDIA NEWS | Sun, 8 Feb 2026, 1:43PM IST New Delhi: Infrastructure major Larsen & Toubro (L&T) plans to commission 18 MW of data centre capacity by March-end, taking its total operational capacity to 32 MW by the end of the current fiscal.The total capital expenditure for the data centre stands at around Rs 1,000 crore.In the semiconductor business, L&T is focusing on design-led chips and engaging with multiple customers, with most spending being expensed through the profit and loss account, the company said during Q3 earnings conference call.As far as the electrolyser business is concerned, the company has developed a fully indigenous 4 MW stack and is upgrading it to 8-10 MW, expecting significant orders in the near term."As of now, we have almost 32 MW of capacity of Data Center, out of which 14 megawatts is up and running, another 18 megawatts will get commissioned by the end of this fiscal year," a company official said during the conference call."The total capex investment in the data centre is roughly in the range of Rs 1,000-odd crores," he added.The official further noted that for semiconductors, "most of the spending that we are doing is still into creating design-led semiconductor chips. We are in touch with multiple customers in this segment. And whatever spend is happening, most of that is getting washed through the P&L itself."As far as electrolyzer business is concerned, we have already made a perfect design of a 100 per cent indigenous 4 MW stack. We are now slowly upgrading it to 8-10 MW stack. And we do expect a lot of opportunities to come in the near term," he said.Larsen & Toubro reported a 4.2 per cent drop in consolidated profit after tax to Rs 3,215 crore in the December quarter due to a one-time provision for employee benefits related to new labour codes. The company posted a consolidated profit after tax (PAT) of Rs 3,359 crore in the year-ago period.The total consolidated PAT for the quarter includes a one-time material provision of Rs 1,191 crore towards employee benefits arising from the implementation of the new labour codes, which has been classified under exceptional items.

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:31PM IST The Income Tax department on Sunday said it has invited inputs and suggestions from stakeholders on the draft tax rules and forms under the new Income Tax Act, 2025, which will come into effect from April 1. To encourage wider stakeholder participation, the proposed Income Tax Rules, 2026, and corresponding Forms have been uploaded on the official website: www.incometaxindia.gov.in before their final notification, it added. As part of a wider consultative process, the Central Board of Direct Taxes (CBDT) invites inputs and suggestions from stakeholders in the following four categories - simplification of language, reduction of litigation, reduction of compliance burden and identification of redundant/obsolete rules and forms, the I-T department said in a statement. "Stakeholders are encouraged to study the same and make suggestions, which will be compiled and considered for review before final notification," it said. To facilitate this, a utility has been launched on the e-filing .

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:30PM IST Global aerospace firms are eyeing India's aviation market following a new trade pact. The agreement offers zero-duty access for Indian aerospace components to the U.S. This move is expected to significantly increase India's aerospace exports. Boeing plans to double its sourcing from India, positioning it as a major overseas supplier.

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INDIA MARKET | Sun, 8 Feb 2026, 1:26PM IST Sources said India's oil imports from Russia have been on the decline since the US sanctions on Rosneft and Lukoil came into effect.

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:19PM IST For the year 2022-23, the top three States in this category were Uttar Pradesh (32,430 crore), Rajasthan (18,814 crore), and Tamil Nadu (16,048 crore), according to volume 1 of the commissions report

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:05PM IST Karnataka has launched auto-conversion of land in Bengaluru. This reform simplifies land development for businesses and citizens. Landowners can now directly apply for plan approval, with conversion happening automatically. This change aims to eliminate delays, reduce corruption, and cut development costs. B Khata owners will benefit from strengthened legal ownership and easier access to loans.

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INDIA BUSINESS | Sun, 8 Feb 2026, 1:03PM IST E-way bill generation rose to 136.83 million in January, the second-highest monthly level on record, marking a 42.6 per cent year-on-year increase amid stronger goods movement

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INDIA BUSINESS | Sun, 8 Feb 2026, 12:55PM IST A key highlight of the report is the use of rooftops as landing and parking spots for electric air taxis, known as eVTOLs. This would turn existing buildings into revenue earners. Since buying land for ground-based landing pads is very expensive, rooftops offer a cheaper and faster way to start these services in cities like Delhi, Mumbai, and Bengaluru.

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INDIA BUSINESS | Sun, 8 Feb 2026, 12:53PM IST In February alone, FPIs made an invested 8,129 crore (until February 6), infusing the much-needed optimism to Indian economy

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INDIA BUSINESS | Sun, 8 Feb 2026, 12:48PM IST India's government plans a significant Rs 12.2 lakh crore capital expenditure for 2026-27. This investment will primarily boost shipbuilding, national highways, railways, and metro rail projects. The focus is on creating physical infrastructure and driving long-term economic growth. Shipbuilding is a new priority, aiming to increase India's global share and reduce foreign shipping costs.

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INDIA MARKET | Sun, 8 Feb 2026, 12:39PM IST Tata Motors reported its Q3 earnings on Thursday, with the company posting a consolidated net loss of Rs 3,483 crore.

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INDIA MARKET | Sun, 8 Feb 2026, 12:39PM IST Prime Minister Narendra Modi's emphasis on avoiding "policy ping-pong" has shaped the Union Budget 2026-27, which is anchored in policy stability while laying the pathways for the long-term vision of a 'Viksit Bharat' at its core, Finance Minister Nirmala Sitharaman said. Framed as the first Budget of a new five-year fiscal cycle and the second quarter of the 21st century, it prioritises capital expenditure, infrastructure expansion and structural reforms over populist measures, while maintaining fiscal discipline. By emphasising predictable policymaking, sustained investment and multi-year planning extending to 2047 and beyond, the Budget seeks to strengthen economic resilience, crowd in private investment and position India for durable, export-led growth. "People want stability, and that is why they have elected Prime Minister Modi for the third time. Stability is inherent in that vote, and it is equally reflected in the way policies are executed through successive budgets," ...

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INDIA NEWS | Sun, 8 Feb 2026, 12:38PM IST Prime Minister Narendra Modi's emphasis on avoiding "policy ping-pong" has shaped the Union Budget 2026-27, which is anchored in policy stability while laying the pathways for the long-term vision of a 'Viksit Bharat' at its core, Finance Minister Nirmala Sitharaman said.Framed as the first Budget of a new five-year fiscal cycle and the second quarter of the 21st century, it prioritises capital expenditure, infrastructure expansion and structural reforms over populist measures, while maintaining fiscal discipline.By emphasising predictable policymaking, sustained investment and multi-year planning extending to 2047 and beyond, the Budget seeks to strengthen economic resilience, crowd in private investment and position India for durable, export-led growth."People want stability, and that is why they have elected Prime Minister Modi for the third time. Stability is inherent in that vote, and it is equally reflected in the way policies are executed through successive budgets," Sitharaman said in an interview to PTI.ALSO READ | Govt to constitute high-level panel on banking soonShe said the Prime Minister's third consecutive electoral victory represented a clear public endorsement of political and policy stability, which the government sees as central to India's long-term growth strategy.Emphasising the government's focus on policy continuity, she said the Prime Minister has consistently stressed the need to avoid abrupt shifts in direction."The Prime Minister always speaks of avoiding 'policy ping-pong'. Once a policy direction is announced, the government remains steady in its execution," she said.Sitharaman said the Budget should not be viewed merely as a one-year financial exercise, but as part of a longer planning horizon.The finance minister noted that the Budget marks the first year of the second quarter of the 21st century, the first year of a new government term, and the beginning of a new five-year fiscal cycle."We are also looking ahead to 2047 and beyond, up to 2050. The focus is on building a Viksit Bharat by the centenary year of Independence and preparing India over the next 25 years for future challenges and opportunities," she said.According to the finance minister, this long-term perspective will guide policymaking across sectors, with an emphasis on sustained growth, institutional strength and economic resilience in the decades ahead.Speaking about public expenditure towards infrastructure development, Sitharaman said capital expenditure is one of the success stories of this government.The CPSE route and budgeted provisions for various government departments have yielded remarkable results in infrastructure development after the COVID pandemic, she pointed out.However, the role of states in utilising 50-year interest-free loans has been equally impressive, with many states showcasing signature projects and demonstrating their capacity to absorb more funds, she added.

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INDIA NEWS | Sun, 8 Feb 2026, 12:38PM IST Washington Post has named Jeff DOnofrio as its acting Chief Executive Officer and Publisher following the departure of Will Lewis, whose tenure ended this week after a fresh round of mass layoffs at the storied newsroom.DOnofrio, who has been serving as the Posts Chief Financial Officer since June 2025, steps into the top job at a moment of deep uncertainty for the publication. The leadership change comes days after the paper laid off roughly a third of its staff, including foreign correspondents and US-based journalists, triggering widespread criticism and condemnation from figures such as US Senators Bernie Sanders and Elizabeth Warren.Also Read: Washington Post CEO, publisher Will Lewis resigns after mass lay offs, cites reason behind leaving Jeff Bezos' newspaperJeff DOnofrios background and careerDOnofrio is a finance executive with experience across media, technology and advertising, but limited roots in traditional journalism. Before joining The Washington Post, he served as CFO at Raptive, a digital ad management company, where he oversaw finance, HR, and data and analytics teams, and worked on partnerships and acquisitions that helped drive revenue growth, according to the Posts June 2025 announcement of his appointment.Earlier in his career, DOnofrio held senior leadership roles at Tumblr, including CEO, President, Chief Operating Officer and CFO. He also worked at Google, Zagat, Yahoo and Major League Baseballs digital arm (MLB Advanced Media). He briefly served as general manager of Yahoo News when the platform was owned by Verizon.His most high-profile role was at Tumblr, where he was CEO from 2017 to 2022. During that period, Tumblr attempted to reposition itself by banning adult content, a move that was followed by a reported 30 per cent drop in traffic. Yahoo had acquired Tumblr for $1.1 billion in 2013; by 2019, it was sold to Automattic, the owner of WordPress, for a reported price of under $3 million.Taking charge amid layoffs and backlashIn a note to staff , DOnofrio acknowledged the scale of the upheaval at the Post, writing that we are ending a hard week of change with more change.This is a challenging time across all media organizations, and The Post is unfortunately no exception, he said. I've had the privilege of helping chart the course of disrupters and cultural stalwarts alike. All faced economic headwinds in changing industry landscapes, and we rose to meet those moments. I have no doubt we will do just that, together.The Washington Post Guild has said hundreds of its members were laid off without rhyme or reason, as the cuts swept through newsrooms already strained by earlier reductions.Also Read: Washington Post layoffs: Bezos orders drastic newsroom restructuring as losses top $170 million Is AI-led cost cutting spreading across media?Whats been happening at The Washington PostAmazon founder Jeff Bezos bought The Washington Post in 2013, expanding its digital footprint and investing heavily in the newsroom in its early years. But like many legacy publications, the Post has struggled more recently as advertising revenue declined and subscriptions softened.In 2023, the paper cut around 240 jobs, largely through buyouts. That same year, Bezos appointed Will Lewis, a former Wall Street Journal publisher, as publisher and CEO. Lewis tenure proved contentious, culminating in this weeks layoffs and his subsequent exit.DOnofrio now takes over as acting CEO and Publisher with intimate knowledge of the Posts finances, having served as CFO for the past nine months. When he joined the organisation last year, he said he was eager to help reach more readers, unlock new revenue streams, and transform to keep up with a media industry thats changing daily.

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INDIA MARKET | Sun, 8 Feb 2026, 12:29PM IST We want the committee to tell us what kind of things we need to do so that banking is made available for funding Viksit Bharat, said FM

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INDIA BUSINESS | Sun, 8 Feb 2026, 12:25PM IST US whiskey and wine imports are unlikely to significantly impact India's domestic alcohol market, even with potential duty concessions. Industry experts cite small current import volumes, distinct consumer taste preferences, and the expectation of minimum import price requirements as key factors. Effective distribution and evolving consumer tastes, rather than just price, will continue to shape the market.

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INDIA BUSINESS | Sun, 8 Feb 2026, 12:17PM IST Finance Minister Nirmala Sitharaman said the government will soon set up a High-Level Committee on Banking for Viksit Bharat to prepare a roadmap for building large lenders capable of meeting the financing needs of a developed India. She said the panel will suggest steps to strengthen the banking system and expand credit access to support growth.

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INDIA MARKET | Sun, 8 Feb 2026, 12:14PM IST PM Modi is on a two-day state visit to Malaysia.

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INDIA MARKET | Sun, 8 Feb 2026, 12:07PM IST The successful conclusion of an interim trade framework agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows, and deepen market participation as India integrates further with the world economy--directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO, Bombay Stock Exchange (BSE).

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