India-US trade deal talks begin today: What to expect

IANS | June 2, 2026 11:23 AM

New Delhi, June 2 (IANS) India and the US are scheduled to hold fresh trade negotiations from Tuesday and both sides are aiming to finalise the first phase of a long-awaited Bilateral Trade Agreement (BTA) that could significantly reshape trade ties between the two countries.

Mesabi Metallics monetizes portion of royalty interest for $265 million

IANS | June 2, 2026 11:14 AM

New Delhi, June 2 (IANS) Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, has agreed to sell 50 per cent of its royalty interest to The Metals Royalty Company Inc. (TMCR) for a total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform.

Govt set to revise WPI base year, launch Producer Price Index

IANS | June 2, 2026 10:06 AM

New Delhi, June 2 (IANS) The government is set to revise the base year of the Wholesale Price Index (WPI) to 2022-23 and launch the Producer Price Index (PPI), a significant step towards updating India’s inflation measurement framework.

PM SVANidhi at 6: How small loans sparked big dreams for street vendors

IANS | June 1, 2026 10:56 PM

Ghaziabad/Varanasi, June 1 (IANS) The Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme has emerged as a major tool of economic empowerment for small traders and street vendors. As the scheme completes six years, thousands of beneficiaries have not only expanded their businesses but have also paved the way toward financial self-reliance.

Centre’s revenue crosses Rs 2.12 lakh crore in April, states’ share up at Rs 87,779 crore

IANS | June 1, 2026 9:16 PM

New Delhi, 1 June (IANS) The Government of India has received ₹2,12,679 crore, which represents 5.8 per cent of the total receipts for the corresponding BE 2026–27, for April this year. This comprises ₹1,78,492 crore of tax revenue (Net to Centre), ₹24,293 crore of non-tax revenue, and ₹9,894 crore of non-debt capital receipts on account of loan recoveries, according to a finance ministry statement issued on Monday.