Business News: Economy & Markets

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

IANS | February 3, 2025 11:51 AM

New Delhi, Feb 3 (IANS) As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term, and India can insulate itself easily by opening up the market further for US goods.

Budget math looks realistic, economic growth to pick up pace: Morgan Stanley

IANS | February 3, 2025 11:23 AM

New Delhi, Feb 3 (IANS) The Union Budget has managed to meet the goals of boosting consumption though tax cuts, increasing capex through transfers to states, and maintaining the path of fiscal consolidation which is expected to lead to a recovery in the economic growth rate with macro stability in a comfortable range, according to a Morgan Stanley report released on Monday.

Govt likely to introduce new income tax bill on Feb 6

IANS | February 3, 2025 10:57 AM

New Delhi, Feb 3 (IANS) After the revision in tax slabs in the Union Budget 2025-26 to leave 'enough money in the hands' of taxpayers, the government is likely to unveil the much-anticipated draft of the new Income Tax Bill on February 6.

Trump tariffs: Indian stock market opens lower as Asia tumbles

IANS | February 3, 2025 9:41 AM

Mumbai, Feb 3 (IANS) The domestic benchmark indices opened sharply lower on Monday, as Asian markets tumbled after US President Donald Trump announced trade tariffs which are set to come into effect from Tuesday.

Government’s consumption growth estimated to improve in FY25

IANS | February 2, 2025 9:46 PM

New Delhi, Feb 2 (IANS) The government consumption growth is estimated to improve in FY25 given the increase in the revenue expenditures of both state and union governments, while private consumption growth is expected to be driven by rural demand, easing inflation and a favourable base, according to a report on Sunday.

India’s bio-economy aims to reach $300 billion in near future: Minister

IANS | February 2, 2025 5:45 PM

Jammu, Feb 2 (IANS) India’s bio-economy — which grew from a mere $10 billion in 2014 to nearly $130 billion now — has an ambitious target of $300 billion in the near future, Union Minister Dr Jitendra Singh said on Sunday.

Custom duties rationalised in Budget to strengthen India’s economy: FM Sitharaman

IANS | February 2, 2025 2:36 PM

New Delhi, Feb 2 (IANS) The Centre has introduced customs duty rationalisation to ensure that the Indian economy becomes aatmanirbhar (self-reliant), Finance Minister Nirmala Sitharaman said in a post-budget interview with NDTV.

10.23 pc capex hike in Budget 2025-26 shows infrastructure remains a priority: FM Sitharaman

IANS | February 2, 2025 2:11 PM

New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman told NDTV in a post-budget interview that the Government's focus has been on capital expenditure (capex) in the last few years, and now it has also given a huge boost to increasing consumption.

Union Budget: 3 CoEs to help India position itself as a global powerhouse in AI

IANS | February 2, 2025 10:10 AM

New Delhi, Feb 2 (IANS) With artificial intelligence (AI) becoming an essential tool for a tech powered economy, it is heartening to see the introduction of Centres of Excellence (COE) for Artificial Intelligence in education, industry leaders said on Sunday.

Chhattisgarh BJP leader hails Union Budget, says it will empower poor, women, youth and farmers

IANS | February 1, 2025 9:00 PM

New Delhi, Feb 1 (IANS) Ujjwal Deepak, a BJP leader from Chhattisgarh, welcomed the slew of announcements in the Union Budget 2025-26 and described it as "historic" and the one dedicated to the "aam aadmi" (common man).

business

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

Budget math looks realistic, economic growth to pick up pace: Morgan Stanley

Govt likely to introduce new income tax bill on Feb 6

Trump tariffs: Indian stock market opens lower as Asia tumbles

Government’s consumption growth estimated to improve in FY25

India’s bio-economy aims to reach $300 billion in near future: Minister

Custom duties rationalised in Budget to strengthen India’s economy: FM Sitharaman

10.23 pc capex hike in Budget 2025-26 shows infrastructure remains a priority: FM Sitharaman

Union Budget: 3 CoEs to help India position itself as a global powerhouse in AI

Chhattisgarh BJP leader hails Union Budget, says it will empower poor, women, youth and farmers

LATEST NEWS

WPL 2026: It has been a roller-coaster, says Gardner on dramatic final-over win

WPL 2026: Rodrigues praises 'special' fightback from Sneha-Prasad after Delhi's close loss

U19 World Cup: India, Pakistan set for key clash after big wins, remain on course for semis spots (Ld)

WPL 2026: Sophie Devine's magical final over helps Gujarat pip Delhi by three runs

PWL 2026: Delhi Dangal Warriors defeat Tiigers of Mumbai Dangals 6–3 to stay alive in semis race (Ld)

U19 World Cup: Vihaan Malhotra's century helps India beat Zimbabwe, remain on course for semis

Priyanka Chopra misses Nick Jonas as she heads to Hyderabad for work, wears his sweatshirt

Badshah, Amaal Mallik express sorrow as Arijit Singh announces retirement from playback singing

Akshay Kumar teases Chunky Panday for being money minded, says ‘paisa jahan, Chunky wahan’

PWL 2026: Delhi Dangal Warriors seal two points at halfway mark against Tiigers of Mumbai Dangals