New Delhi, Jan 30 (UNI) State Bank of India (SBI) has strengthened its trade finance and international banking operations with the launch of a Global Trade Finance Centre (GTFC) in Kolkata, an official statement said here on Friday. The new facility supports SBI branches in the region by enabling faster turnaround times, enhanced compliance oversight…
New Delhi, Jan 30 (UNI) The Indian stock market snapped the three-day winning streak, with the Nifty slipping below 25,250 on Friday. At close, the Sensex was down 296.59 points or 0.36% at 82,269.78, and the Nifty was down 98.25 points or 0.39% at 25,320.65. Nifty Midcap index slipping 0.2%, while the Smallcap index gained…
New Delhi, Jan 30 (UNI) State-owned Maharatna, Steel Authority of India Limited (SAIL) on Friday reported a strong improvement in its financial performance for the nine months ended December 31, 2025 (9M FY ’26), supported by higher sales volumes, better operating efficiency and tighter cost controls, an official statement said here. The company said crude…
New Delhi, Jan 30 (UNI) The capital goods sector is expected to witness continuity in the government’s infrastructure-led growth strategy in the union Budget 2026, with emphasis on sustaining public capital expenditure, improving project execution and supporting domestic manufacturing, rather than on fresh structural reforms. Government data show public capital expenditure rose nearly 28 per…
Pankaj Jain, New Delhi, Jan 30 (UNI) As the union Finance Minister is set to present the annual budget for 2026-27, two important trade bodies of the national capital, Delhi – Chamber of Trade & Industry (CTI) and New Delhi Traders Association (NDTA) have asked for measures to support the MSME sector and the trader…
Arti Bali New Delhi, Jan 29 (UNI) India’s pharmaceutical industry has urged the government to implement sweeping direct tax reforms in the union Budget 2026-27, emphasising the need for stronger incentives for research and development (R&D), domestic API manufacturing, and simplified compliance to improve the ease of doing business. With Finance Minister Nirmala Sitharaman set…
New Delhi, Jan 29 (UNI) Chief Economic Adviser V Anantha Nageswaran on Thursday said India has emerged as an oasis of macroeconomic stability in a turbulent global environment, marked by slowing growth, elevated debt levels and persistent uncertainty across major economies. Addressing the press conference with presenting the economic survey here, the CEA said the…
New Delhi, Jan 29 (UNI) India has recorded one of the sharpest declines in headline inflation among major emerging economies, with domestic inflation averaging a historic low of 1.7% during April-December 2025, according to the Economic Survey 2026. The moderation in inflation has been driven largely by a broad-based decline in food and fuel prices,…
New Delhi, Jan 29 (UNI) India’s economy has shown remarkable resilience, with a projected GDP growth of 6.8-7.2% in FY27, driven by strong domestic demand and investment, according to the Economic Survey 2025-26. The survey highlights a broad-based easing of inflation, with headline CPI inflation declining to 1.7 pc in FY26 (April-December), supported by favorable…
New Delhi, Jan 29 (UNI) Finance Minister Nirmala Sitharaman will table the Economic Survey of India in the Parliament on Thursday The Economic Survey, prepared by the Economic Division of the Finance Ministry under the guidance of the Chief Economic Adviser, provides a comprehensive analysis of the country’s current economic condition, highlighting key trends, challenges,…
