Month: December 2025

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Posted in Economy

India, Oman hold 14th Strategic Consultative Group meeting

The 14th round of India-Oman Strategic Consultative Group (IOSCG) meeting was held in Muscat, Oman, the Ministry of External Affairs said on Thursday. The meeting…

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Posted in Economy

Formulations driving drug export growth: Pharmexcil chairman Namit Joshi

India’s pharmaceutical exports are poised to scale a new high of $32 billion despite sluggish growth in the US market and intense global scrutiny over…

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Posted in Economy

Health & national security cess only on demerit goods like pan masala, not essentials, says Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman Thursday said the proposed health and national security cess will be levied only on demerit goods such as pan…

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Sberbank plans to go big in India, move rupee surplus into G-Secs

NEW DELHI: Russia’s Sberbank plans to step up its India presence, eyeing retail expansion in 10 cities and a new data centre to support its…

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Posted in Economy

India, Russia eye trade boost with more diversified basket

New Delhi: India and Russia are looking to expand and diversify bilateral trade, targeting $100 billion by 2030. Both nations are also mulling ways to…

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Posted in Economy

Fitch raises FY26 growth forecast to 7.4% from 6.9%

New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…

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Posted in Economy

To become global reinsurance hub, GIFT City must offer global regularity clarity

Mumbai: India’s ambition to position Gujarat International Finance Tec-City (GIFT City) as a global reinsurance hub is finally gathering scale, with more than 10 international…

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Indians Returning from US may Face Higher Tax as Treaty Benefit Wanes
Posted in Economy

Indians returning from US may face higher tax as treaty benefit wanes

A tax shadow looms over professionals returning to India from the US, retirees moving back after decades, or former US employees working remotely from here….

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Ex-Paytm exec Varun Sridhar joins Aspora as CEO
Posted in Startups

Ex-Paytm exec Varun Sridhar joins Aspora as CEO

Varun Sridhar, who exited One 97 Communications’ Paytm Services earlier this year, has joined Aspora, a fintech platform catering to the Indian diaspora, according to…

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US team likely to visit India next week for trade talks: Sources

A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said on…

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