Economy and Finance

HAL and Russia’s UAC sign joint venture agreement at Wings India 2026 in Hyderabad to manufacture SJ-100 regional jet in India

In a landmark step strengthening Russo-Indian cooperation in the aerospace industry, Russia's United Aircraft Corporation (UAC) and India's Hindustan Aeronautics Limited (HAL) have signed...

‘Textile industry alone will create 6-7 million jobs’: Piyush Goyal on how India-EU FTA levels the playing field for Indian exports        

India already plays a dominant role in global home textile supply, particularly in bed linen, towels, curtains, and soft furnishings.

India set to slash tariff on cars imported from EU countries to 40% from 110% under ‘mother of all deals’

As India and the European Union are set to sign the ‘mother of all trade deals’ soon, India is reportedly preparing to reduce tariffs...

What is the ‘Mother of all Deals’ and why the trade pact between India and Europe is seen as historic

European leader Ursula von der Leyen has called this agreement the "Mother of All Deals," meaning it's the largest and most important trade agreement ever. The key reason is that when India and 27 European countries come together, they will create the largest and most powerful trading market in the world.

Boost to Atmanirbhar Bharat: Gujarat to host India’s first private satellite plant in Sanand, Azista Space launches Electro-Optical Payload Factory

The name of this project is Electro-Optical Payload Factory, also known as the 'Palmnaro' plant in the company's internal context.

All textile mills in Bangladesh to be shut down indefinitely from 1 February, association says mills can’t repay loans amid clash with exporters over cheap...

In a move that can have serious implications on Bangladesh's economy, the Bangladesh Textile Mills Association (BTMA) has declared an indefinite closure of all...

India eyes $100 billion in textile exports by 2030, forms roadmap to double its sales to FTA partners

India is developing a plan to raise its textile export share to its FTA partners from 5.8% to roughly 12%.

India achieves record electronics exports of 47 billion US dollars in 2025, over $30 billion came from PLI-driven smartphone exports

India’s electronics exports hit a record $47 billion in 2025, driven by $30 billion in smartphone exports. Now the world's second-largest mobile manufacturer, the sector has created 25 lakh jobs and transitioned electronics into India’s third-largest export category under the PLI scheme.

Bangladesh cricket crisis explained: Why cricketers are boycotting the BPL and demanding the exit of BCB director M Nazmul Islam

A bitter standoff between Bangladesh’s cricketers and the BCB over a director’s controversial remarks has triggered a player boycott, throwing domestic cricket into chaos as the fate of BPL hangs in the balance.

Trump slaps 25% tariff on all Iran-linked trade ‘effective immediately’; Read how it may affect India

Trump's new tariffs risk pushing Indian exports to 75% duties, threatening basmati rice trade and raising uncertainty over India’s strategic investments at Chabahar Port.

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