Zero US tariff on diamonds and gemstones a major step forward: GJC’s Avinash Gupta

IANS | February 10, 2026 11:24 AM

Mumbai, Feb 10 (IANS) The India-US trade deal is very good and the biggest advantage it brings to the diamond industry is that under Section 3, diamonds and gemstones will now be moved to a zero per cent tariff, which is a major step forward, Avinash Gupta, Vice Chairman of All India Gem and Jewellery Domestic Council (GJC), has said.

FIIs turn net buyers in Indian markets as valuations moderate

IANS | February 10, 2026 10:41 AM

Mumbai, Feb 10 (IANS) Foreign institutional investors (FIIs) became net buyers in Indian equities over the last nine trading sessions, purchasing more than $2 billion worth of shares supporting a rally, according to provisional data from exchanges.

India’s energy sourcing decisions guided by national interest: Centre

IANS | February 9, 2026 8:04 PM

New Delhi, Feb 9 (IANS) Foreign Secretary Vikram Misri said on Monday that India’s energy sourcing decisions are guided by national interest, with an emphasis on diversification and competitive pricing. These remarks responded to reports suggesting that India may reduce Russian oil imports after announcing an interim trade agreement with the United States.