File photo (Picture credit: AP) Wall Street edged lower on Tuesday as a mixed start to the latest earnings season and a largely expected inflation update failed to give markets clear direction.The S&P 500 slipped 0.3 per cent, while the Dow Jones Industrial Average fell 244 points, or 0.5 per cent, by mid-morning trade. The […]
India’s import of Russian crude drops 29% month-on-month
NEW DELHI: India’s import of Russian crude recorded a sharp 29% month-on-month decline, falling to the lowest volumes since implementation of the price cap policy, but is making a strong turnaround in January this year, Centre for Research on Energy and Clean Air (CREA) said in its monthly analysis of Russian fossil fuel exports for […]
Jaishankar, Rubio talk trade, minerals & nuclear cooperation
New Delhi: External affairs minister S Jaishankar spoke to his US counterpart Marco Rubio Tuesday, discussing the next steps regarding ongoing trade negotiations and a possible meeting next month. The chat took place a day after new US envoy Sergio Gor assumed office and backed trade negotiations, saying his mission was to take the US-India […]
Donald Trump tours Michigan Ford plant: US president pushes manufacturing agenda; brushes-off lingering economic fears
President Donald Trump speaks with Corey Williams, Ford River Rouge Plant Manager, during a tour of the Ford River Rogue complex, Tuesday, Jan. 13 (AP photo) US President Donald Trump a visited a Ford Motor Co. assembly line in Michigan on Tuesday in an attempt to push his manufacturing agenda, as his administration works to […]
Budget 2026 expectations: Deloitte calls for customs duty overhaul; seeks higher allocations for exports
Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at […]
Liquidnitro Games raises $19.1 million, led by Northpoint
Liquidnitro Games raises $19.1 million, led by Northpoint BENGALURU: Liquidnitro Games has raised $19.1 million in a Series A funding round led by Northpoint Capital, with participation from existing investor Nexus Venture Partners, as the game production and live services company looks to scale its AI-enabled development operations and expand globally.The company said the capital […]
Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in December
NEW DELHI: Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.This came following investments of Rs 2.68 lakh crore through this route in 2024 and Rs 1.84 lakh crore in 2023, data from […]
Budget 2026: Will old income tax regime be discontinued leaving new regime as the only option?
Fundamentally, the government wants to move towards an income tax return regime with minimal deductions and exemptions. (AI image) Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year common man and taxpayers, especially salaried are watching out for possible changes on the income tax front. One […]
US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why
AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are […]
Budget 2026: FACSI urges tax & credit relief for MSEs; here’s why
Union budget 2026 (ANI image) The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory relief measures for micro and small enterprises (MSEs) in the 2026-27 Union Budget, aiming to sustain growth and strengthen their role in India’s industrial ecosystem.In a pre-budget letter to […]