Economy and Finance

Dollar dethroned? India’s use of Chinese yuan for Russian oil redraws the global financial map

As India continues to purchase Russian crude oil despite Donald Trump’s additional 25% tariff, Indian refiners now have started making payments to Russia in China currency Yuan.

Keir Starmer arrives in India with 125 member business deligation: What is India-UK Vision 2035, and how the nations are set to benefit from...

On his first official India visit, Keir Starmer and PM Modi will review progress on Vision 2035, discuss the India-UK trade deal, and explore new cooperation areas in defence, AI, fintech, higher education, and cultural exchange.

First commercial coal mine in Arunachal Pradesh to be launched on Monday at Namchik-Namphuk coal block

Arunachal Pradesh is set to witness a historic day on 06 October 2025 with the launch of its first commercial coal mine at the...

Claims of notebook prices going up due to increased GST on paper is wrong and baseless: Read how notebook prices are set to come...

It is being claimed that notebook prices will increase despite 0% GST because GST on paper used to make notebooks has gone up to 18% from 12%. But the fact is, that rate has also been reduces to 0%.

Finance Ministry orders detailed inquiry after trading company stopped imports and exports alleging harassment by Customs officials in Chennai

Union Finance Ministry has ordered an inquiry into allegations of harassment by customs officials made by Wintrac Inc. Responding the company’s statement announcing that...

Electronics Component Manufacturing Scheme gets unprecedented response, 249 applications worth ₹1,15,351 crore of investment submitted by industry

The Electronics Components Manufacturing Scheme has received an overwhelming response from both domestic and international industry leaders. This reflects India’s growing stature on the...

After promising to cut drug prices by up to 1500%, Donald Trump imposes 100% tariffs on pharmaceuticals: What it means for Indian pharma industry

Approximately $20 billion worth of generic medications are shipped to America annually by companies in India.

Apple ignores Trump’s threats, ramps up production of phone making machines in India after increasing iPhone production, ties up with dozens of Indian companies

Approximately 35 companies in India are active in the iPhone manufacturing ecosystem, with around 17 making equipment and tools for the last 2 years

Why are Gold rates skyrocketing? Over Rs 1.14 lakhs for 24 karats, a staggering 112 per cent rise in last 5 years. All you...

While investors have gained from the rising gold prices, retailers are witnessing slow business as non-essential purchases and jewellery sales have taken a hit.

Japanese agency Rating & Investment Information upgrades India’s long-term sovereign credit rating to BBB+, third such upgrade this year

Japanese credit rating agency, Rating and Investment Information, Inc. (R&I), has upgraded India’s long-term sovereign credit rating to ‘BBB+’ from ‘BBB’. R&I also retained the “Stable” Outlook for the Indian economy.

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