New Delhi: The final stage of preparations for the Union Budget 2026-27 commenced today with the traditional Halwa Ceremony at the Budget Press in North Block, New Delhi. The event was graced by Union Finance Minister Smt. Nirmala Sitharaman and Union Minister of State for Finance Shri Pankaj Chaudhary. The…
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Why ITC Is Avoiding Acquisition Rush in Premium Personal Care
As India’s premium personal care market witnesses a flurry of mergers and acquisitions, ITC Ltd is deliberately steering clear of the buying frenzy. While several fast-moving consumer goods (FMCG) companies are snapping up venture capital-backed, digital-first brands, ITC is choosing a slower and more selective path. The company believes that…
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India–EU Trade Deal: Car Import Tariffs to Drop to 40%
India is preparing to significantly open its tightly protected automobile market by sharply cutting import duties on cars from the European Union, according to sources familiar with the negotiations. Under a proposed India–EU free trade agreement, import tariffs on select European cars could be reduced to 40% from the current…
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India’s Growth Momentum Shines at Davos 2026: Ashwini Vaishnaw
Davos, Switzerland: Union Minister Shri Ashwini Vaishnaw highlighted India’s high growth trajectory and economic resilience at the World Economic Forum Annual Meeting in Davos. The Minister emphasised that deep structural reforms, steered by Prime Minister Shri Narendra Modi, have transformed India into a globally trusted investment destination. Strong Structural Reforms…
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Bharat Steel 2026: India Leads Global Push for Green Steel
As India prepares to host Bharat Steel 2026 in New Delhi, the country is positioning itself at the centre of a global conversation on the future of steelmaking. The two-day summit will bring together policymakers, technology innovators, investors and industry leaders from across the world to address the most pressing…
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Steel Prices Rise Again After Import Curbs Boost Demand
Mumbai: Indian steel prices have increased for the second time in January as domestic producers capitalised on import restrictions, reviving construction demand and tight market inventories. Domestic steelmakers have raised prices twice within a span of two weeks in January, following the Centre’s decision to impose a safeguard duty on…
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Budget 2026: India’s Trade Policy Reset in Turbulent Times
New Delhi: As India approaches the Union Budget 2026, trade policy has emerged as a central economic challenge rather than a background consideration. Slowing global growth, renewed protectionism and disrupted supply chains have reshaped the rules of international commerce. For India, which remains deeply integrated with major global markets, trade…
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Minister: Power Distribution Firms Back in Profit After Years
India’s power distribution sector has recorded a landmark financial turnaround, with distribution utilities collectively posting a positive Profit After Tax (PAT) of ₹2,701 crore in the financial year 2024–25. This marks the first time in several years that power distribution companies, commonly known as DISCOMs, have moved out of sustained…
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EPF Withdrawal via UPI Soon: Labour Ministry Simplifies Access
The Union Labour Ministry is developing a system that will allow eight crore Employee Provident Fund (EPF) members to directly withdraw their money using the Unified Payments Interface (UPI). The project, expected to roll out by April 2026, aims to provide quicker access to funds, streamline the withdrawal process, and…
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Top 5 Stocks to Buy for Long-Term Growth: Bharti Airtel to BEL
Market experts at Motilal Oswal Financial Services have highlighted five key stocks for long-term investors, emphasizing steady growth, strong fundamentals, and robust industry positioning. Despite recent market volatility, the medium-to-long-term outlook remains positive. Bharti Airtel Bharti Airtel continues to deliver strong performance across mobility and digital infrastructure. FY26 capex moderation…