Cars made in Europe will no longer face higher, sectoral duties. (Bloomberg)
Posted in Business

Import duty on cars cut to 10% from 110%, with riders| Business News

India and the European Union (EU) have signed a free trade agreement that will gradually reduce the import duty on cars to 10% with an…

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Posted in Economy

India-EU FTA highlights: ‘Mother-of-all deals’ eliminates aircraft tariffs, cuts duties on alcohol, food & chemicals

India and the European Union have successfully concluded the Free Trade Agreement after an eighteen-year hiatus, where the two countries have agreed on wide-ranging tariff…

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The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad. (REUTERS)
Posted in Business

Adani Group, Brazil’s Embraer to set up regional aircraft venture in India| Business News

Adani Group and Brazil’s Embraer SA are partnering for a regional transport aircraft venture in India, marking the foray of the conglomerate that’s already the…

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Dario Amodei, co-founder and chief executive officer of Anthropic. (Bloomberg)
Posted in Business

Dario Amodei doubles down on AI risks, and calls out the industry| Business News

Dario Amodei, the CEO of Anthropic, one of the largest artificial intelligence (AI) companies, has warned of “danger” of the technology in his latest essay,…

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Posted in Economy

Budget 2026 date: From income tax cuts to more, here’s when Nirmala Sitharaman will announce key measures

Finance Minister Nirmala Sitharaman will present the Union Budget for 2026–27 on February 1 at 11 am, marking her ninth budget in Parliament. As Budget…

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The government is planning to introduce ATMs that can dispense  ₹10,  ₹20 and  ₹50 currency notes and not just  ₹100 and  ₹500 notes. (Unsplash)
Posted in Business

Govt plans hybrid ATMs to dispense small notes amid UPI overdrive| Business News

The government is exploring multiple ways to push more small-denomination currency notes into circulation, at a time when UPI is increasingly making digital payments ubiquitous…

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The Volkswagen Golf GTI, which recently went on sales in India as an import. (Handout)
Posted in Business

VW to BMW brace for tough India market even after India-EU trade deal| Business News

European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import…

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Posted in Economy

Centre’s FY27 capex seen topping Rs 12 lakh crore: SBI

New Delhi: Capital expenditure by the central government is expected to cross Rs 12 lakh crore in (Financial Year) FY27, registering a year-on-year growth of…

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The Mahindra Thar Roxx. (Handout)
Posted in Business

M&M leads decline in auto stocks as India-EU FTA said to cut import duty on cars| Business News

Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty…

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Rift at influential Silicon Valley venture firm shows tech's divide over ICE shooting
Posted in Startups

Rift at influential Silicon Valley venture firm shows tech’s divide over ICE shooting

Heated political rhetoric over the fatal shooting of a U.S. citizen by immigration agents in Minneapolis on ‍Saturday spilled into Silicon Valley as partners at…

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