New Delhi, Jan 19 (UNI) The global economy is projected to remain resilient in 2026, with world growth expected to hold at 3.3 per cent, broadly in line with the estimated expansion in 2025, according to the International Monetary Fund’s World Economic Outlook update released on Monday. Growth is forecast to ease marginally to 3.2…
New Delhi, Jan 19 (UNI) Seen as a reciprocal measure, India has imposed a 30 per cent import duty on yellow peas imported from the US, causing concern among some US lawmakers. The 30 per cent import duty comes after the US imposed a 50 per cent tariff against India and threatened to raise it…
New Delhi, Jan 19 (UNI) Public Sector Banks (PSBs) have significantly accelerated credit flow to Micro, Small and Medium Enterprises (MSMEs) through the adoption of a Credit Assessment Model (CAM) based on digital footprints, launched in 2025. Between 1 April and 31 December 2025, PSBs sanctioned over 3.96 lakh MSME loan applications, amounting to more…
New Delhi, Jan 18 (UNI) Indian small retailers’ concerns about losing sales to illicit goods, in anticipation of a steep increase in taxes on cigarettes effective February 1, 2026, are supported by the Swadeshi Jagran Manch (SJM), an Indian economic and cultural organisation affiliated with the Rashtriya Swayamsevak Sangh (RSS). SJM cautioned against the rising…
Chennai, Jan 17 (UNI) Industry bodies representing different sectors in Tamil Nadu’s Tuticorin/Thoothukudi, have welcomed the Madras High Court’s decision permitting Vedanta Ltd to apply to the state government for setting up a green copper plant. The company had approached the court seeking a direction to the state government to consider its new proposal, setting…
Mumbai, Jan 17 (UNI) Reliance Industries (RIL) has reported a consolidated net profit of Rs 18,645 crore in the third quarter of the financial year 2025-26 (Q3 FY26). After the company announced its December quarter results, its Global Depository Receipt (GDR) slipped by around 2 per cen to $64.40 on the London Stock Exchange (LSE)….
Shahid K Abbas New Delhi, Jan 17 (UNI) As the countdown to union Budget 2026-27 begins, all eyes are on Finance Minister Nirmala Sitharaman, who will present her ninth consecutive budget on February 1—an event that has become the country’s biggest annual economic and political moment. Coming early in the second full year of Prime…
New Delhi, Jan 16 (UNI) The Indian stock markets today snapped their two-day losing run, with BSE Sensex rising by 188 points, or 0.23 per cent, to 83,570.35 and the NSE Nifty increasing by 29 points, or 0.11 pc, to 25,694.35 on the back of brisk buying in IT and Banking sectors. Shares of IT…
New Delhi, Jan 16 (UNI) The International Monetary Fund (IMF) has described India as a ‘’key growth engine for the world’’ and said the third-quarter growth (in India) has come out stronger than expected. Julie Kozack, Director, Communications Department, of the IMF, said at a press conference that IMF had estimated India’s growth for Fiscal…
Mumbai, Jan 15 (UNI) Reliance Industrial Infrastructure Limited (RIIL), which is a group company of the Mukesh Ambani owned-Reliance Industries Limited (RIL), has reported a 9.9 per cent year-on-year (YoY) increase in its consolidated net profit for the third quarter of FY26. According to a company statement, RIIL’s consolidated net profit stood at Rs 3.01…
