India should test resolve of US administration on trade deal, keep conversation warm: SBI report

IANS | July 10, 2026 9:23 AM

New Delhi, July 10 (IANS) India’s best strategy to get the best trade deal with the US is to wear down the opening position, not the relationship, keep the conversation warm, avoid public escalation, make limited and reversible offers, and wait for the Donald Trump Administration’s first demand to run into the US market costs, China-balancing needs and alliance fatigue, an SBI Research report said on Friday.

IMF sees India gaining from supply chain shift

IANS | July 9, 2026 9:34 PM

Washington, July 9 (IANS) India's push to establish itself as a global manufacturing hub is beginning to pay off as international supply chains diversify, with the International Monetary Fund (IMF) saying on Thursday that it is already seeing tangible evidence of the shift, particularly in electronics manufacturing, while urging New Delhi to sustain structural reforms to maintain the momentum.

SMAM distributes 21.61 lakh farm machines to small farmers: Govt

IANS | July 9, 2026 8:31 PM

New Delhi, July 9 (IANS) Central assistance of Rs 9,404.47 crore has supported the distribution of 21.61 lakh agricultural machines to individual farmers under the Sub‑Mission on Agricultural Mechanization (SMAM), an official statement said on Thursday.

TCS Q1 net profit slips nearly 3 pc sequentially; declares Rs 12 interim dividend

IANS | July 9, 2026 4:32 PM

Mumbai, July 9 (IANS) Tata Consultancy Services (TCS), India's largest software services exporter, on Thursday reported a consolidated net profit of Rs 13,349 crore for the first quarter of FY27, down around 3 per cent from Rs 13,718 crore recorded in the January-March quarter of the previous financial year (Q4 FY26).