US Tariffs Cut India's Gem Exports by 44%

India's gem and jewellery exports to the US plunged 44% in April-Dec 2025, hitting $3.86 billion. Industry warns of job cuts and long-term market risks due to tariffs.

DGFT Tightens Niryat Protsahan Scheme Rules

The DGFT has revised the Niryat Protsahan scheme, narrowing eligibility, clarifying compliance, and limiting interest support for MSME exporters to ensure smoother implementation.

India to Lead South Asia as Brightest Growth Region in 2026

India will continue driving South Asia as the world's brightest growth region in 2026, according to the World Economic Forum's latest Chief Economists Outlook. The report highlights India's resilient fundamentals and AI adoption.

Rupee Falls 44 Paise, Near Record Low at 90.78/USD

The Indian rupee dropped sharply by 44 paise to close at 90.78 against the US dollar, approaching its all-time low. This decline marks continued pressure on the currency amid market volatility.

Punjab CM Mann Pushes for Enhanced Canada Trade Relations

Punjab Chief Minister Bhagwant Mann emphasized boosting trade with Canada, especially British Columbia, during a meeting with Premier David Eby, highlighting sectors like agriculture, IT, and education for collaboration.

US Stocks Open Higher, Wall Street Near Record Levels

US stocks opened higher on Friday, keeping Wall Street close to record levels as the first week of the quarterly earnings season concluded. Regional bank results and a rebound in oil prices provided support.

NSE Live Trading Session on Feb 1 for Budget

The National Stock Exchange will conduct a live trading session on February 1 to align with the Union Budget presentation, ensuring market continuity and investor preparedness.

Ryanair CEO Calls Elon Musk an 'Idiot' Over Starlink

Ryanair CEO Michael O'Leary publicly dismissed Elon Musk as an 'idiot' after rejecting Starlink internet for flights, sparking a fiery exchange on social media about costs and airline strategy.

India-EU FTA 'Mother of All Deals': Piyush Goyal

Commerce Minister Piyush Goyal calls the India-EU free trade agreement the 'mother of all deals', highlighting its significance for India's economy and trade relations with developed nations.

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