India will restrict crude oil purchases from Russia under a trade understanding with the US, securing tariff relief. Refiners will honor existing contracts but not place new orders, with Nayara Energy likely exempt.
India has committed to purchasing $100 billion worth of American products annually for five years, focusing on energy, technology, and aircraft parts. The US reduces tariffs from 50% to 18%.
A major India-US trade deal slashes tariffs significantly, but controversy erupts as Trump claims India will stop Russian oil imports and Rahul Gandhi accuses PM Modi of compromise.
India plans to restrict Russian oil imports, purchasing only where supplies are irreplaceable, amid global pressure and sanctions. This strategic move aims to balance energy security with diplomatic relations.
Railways Minister Ashwini Vaishnaw has announced a second mountain tunnel in Palghar, Maharashtra, for the Mumbai-Ahmedabad Bullet Train Project, enhancing connectivity and infrastructure.
India is expected to maintain Russian oil imports at 1.1-1.3 million barrels daily through early Q2, with gradual reduction likely rather than immediate halt despite US trade deal claims.
Indian Railways achieves a key milestone with the second mountain tunnel breakthrough for the Mumbai-Ahmedabad Bullet Train project in Palghar, Maharashtra, marking 47% completion.
The Mumbai-Ahmedabad bullet train project marks a key milestone with its second mountain tunnel breakthrough in Palghar, Maharashtra, advancing India's high-speed rail network.
T-Mobile announces 393 job cuts in Washington, impacting over 200 roles including senior executives. The layoffs affect headquarters, data centers, and retail locations, effective April 2.
Finance Minister Nirmala Sitharaman announced that India's exports are set to receive a significant boost following the United States' decision to cut tariffs on certain Indian goods.
Adani Ports reports 20% profit growth in Q3FY26, raises revenue and EBITDA guidance for FY26 following acquisition of Australian terminal NQXT. Shares surge over 9%.
The India-US trade agreement provides clarity for IT services and GCCs, easing outsourcing concerns and improving deal momentum from US clients, according to UnearthInsight.
The Indian rupee surged 1.36% to close at 90.27 against the US dollar, marking its best single-day gain since December 2018, following the announcement of a bilateral trade agreement between India and the United States.
The India-US trade deal announced a tariff reduction to 18%, boosting markets. However, crucial details on Russian oil, US imports, and $500B purchase commitments remain unanswered.
Indian stock markets soared 2.5% on Tuesday after India and US announced a trade deal that slashes tariffs on Indian exports. The Sensex closed at 83,739.13 points while Nifty ended at 25,727.55 points.
The Economic Survey 2025-26 advocates for a comprehensive national policy on critical minerals and rare earth elements to reduce import reliance from China, leading to 'Rare Earth Corridors' in Budget 2026-27.
Gold and silver prices have staged a dramatic recovery in Tuesday's session, with gold futures surging 7% and silver jumping nearly 15% following their worst two-day performance in over a decade. Domestic MCX gold crossed ₹1.5 lakh per 10g.
Mumbai Port Authority has received five bids for its ambitious Rs 887-crore Viksit Bharat marina project, which will accommodate 424 yachts and include luxury hotels and tourism facilities.
The India-US trade deal is expected to revive Andhra Pradesh's aqua sector, with exports likely to return to pre-tariff levels by late 2026. Processor margins are set to rebound from 5-5.5% to 7-8%, aided by Union Budget 2026 duty concessions.
US stock markets displayed mixed performance on Tuesday with the Dow Jones falling slightly while S&P 500 and Nasdaq posted gains as investors prepared for corporate earnings reports.
US President Donald Trump's decision to reduce tariffs on Indian goods from 50% to 18% will boost exports, says Finance Minister Nirmala Sitharaman. The move follows a trade deal requiring India to lower trade barriers and stop Russian oil purchases.
A significant transformation is underway in India's business environment as companies increasingly focus on the fine print in deals, signaling a major shift in corporate strategy and governance.
Investigators discover nearly 900 Swiss bank accounts with suspected Nazi ties as UBS fights to prevent Jewish groups from reopening a 1990s settlement. Senate testimony reveals new evidence of banks' WWII-era activities.
Commerce Minister Piyush Goyal stated that the US government's announcement to reduce tariffs came from Donald Trump after reciprocal tariff impositions. He emphasized the deal's potential benefits for India's poor, fishermen, farmers, and youth.
Amazon faces significant challenges in expanding its data center footprint across Europe due to prolonged delays in securing power grid connections, with wait times up to 7 years.
NITI Aayog's Arvind Virmani clarifies that Atmanirbhar Bharat aims for competitive global integration, not isolation, amid India-US strategic deals.
Indian stock markets surged as the Sensex jumped 2,073 points and the rupee recorded its largest single-day gain in seven years, driven by optimism over a new India-US trade agreement.
Union Budget 2026 shifts focus from tax giveaways to building economic resilience, with emphasis on capex, manufacturing, and fiscal consolidation amid global uncertainty.
US President Donald Trump's decision to slash tariffs to 18% on Indian products brings relief to Kanpur and Unnao's leather industry, enabling exporters to recover lost business after a 50% duty crippled exports.
Commerce Minister Piyush Goyal asserts sensitive sectors protected in Indo-US trade agreement. Parliament uproar continues over controversial memoir, opposition leaders suspended.