India-US Trade Pact Finalization: Delegation to Washington

Commerce Secretary Rajesh Agrawal announced an Indian delegation will travel to the US next week to finalize legal terms for an interim trade agreement, aiming for a March signing. The deal includes tariff reductions on textiles, leather, and more.

Gold Prices Fall in Futures Trade on Global Weakness

Gold prices eased by Rs 589 to Rs 1.55 lakh per 10 grams in futures trade, tracking declines in international markets. Analysts cite geopolitical risks and US inflation data as key factors influencing the precious metal's movement.

India's EV Sales to Hit 22 Million by 2035, KPMG Reports

A new KPMG India report projects electric vehicle sales in India could reach 22 million units by 2035, with over 50% penetration across most segments. However, supply chain vulnerabilities for critical minerals pose significant challenges.

Indian Real Estate Firms Target $3.3B in IPOs This Year

Indian real estate companies are planning to raise approximately $3.3 billion through IPOs in 2024, driven by urban growth and housing demand. This marks a significant increase compared to the past decade's total of $3.2 billion.

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