EU Halts GSP Benefits for Indian Exports Amid FTA Talks

The European Union has suspended GSP tariff advantages for key Indian exports like plastics and textiles from January 2026. While India's Commerce Ministry claims minimal impact, experts warn of significant trade setbacks.

Rupee Hits Record Low of 92 vs Dollar, Settles at 91.88

The Indian rupee plummeted to an unprecedented low of 92 against the US dollar in intraday trading, driven by weak domestic markets and sustained foreign fund outflows, before recovering marginally to close at 91.88.

Navy Chief: Viksit Bharat Now a Maritime Reality

Navy Chief Admiral Dinesh Kumar Tripathi declares Viksit Bharat has evolved beyond policy to tangible maritime reality, highlighting that 95% of India's trade volume travels by sea, crucial for achieving the 2047 development vision.

Paytm Stock Falls 10% on PIDF Scheme Concerns

Paytm shares tumbled nearly 10% on Friday as concerns emerged about the potential discontinuation of the Payment Infrastructure Development Fund scheme beyond 2025, which contributes significantly to the company's operating profit.

Rupee Hits Record Low of 91.99 vs US Dollar in Intraday Trade

The Indian rupee has touched an all-time low of 91.99 against the US dollar during intraday trading, driven by strong dollar demand and global economic pressures. This marks a significant depreciation for the currency amid ongoing market volatility.

Silver, Gold Hit Lifetime Highs on MCX

Silver and gold prices surged to record highs on MCX, driven by a weak US dollar and expectations of Federal Reserve rate cuts, with silver gaining nearly 4%.

India's Private Sector Growth Rebounds in January

India's private sector economy shows strong recovery in January 2026 with manufacturing leading the upturn. HSBC Flash PMI indicates improved new orders, job creation, and business confidence across sectors.

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