Business

The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…

Old vs New Income Tax Regime (AI image) Each year the Budget speech is eagerly watched and listened to by the common man and middle class taxpayers, seeking answer to a simple query: will my tax burden reduce this year? Even finance ministers presenting the Budget are aware of the populist impact of their speech,…

India’s regional connectivity scheme is headed for a revamp, awaiting Cabinet’s approval for a plan that would financially support airlines operating on remote routes to cover potential losses. Launched in 2016, the scheme caps fares on half of the seats to make air travel affordable. However, flights to hinterland destinations often remain commercially unviable due…

The rupee’s slide to a historic low of 92 against the US dollar on January 23 is beginning to pinch wallets, making everything from crude oil and electronics to overseas education and foreign travel more expensive, while offering some relief to exporters.The local currency slid to an all-time low of 92 per dollar during the…

The Union Budget 2026-27 is just one week away and the EV sector is expecting FM Sitharaman to introduce measures aimed at accelerating electric vehicle adoption in India. Deloitte India has highlighted that the government could focus on strengthening domestic manufacturing, supporting clean mobility, and encouraging investment across the EV value chain.Sheena Sareen, Partner at…

Want to go to the US but facing delays for your visa? Your are not alone! Many Indians who applied for US visas are struggling with delays, as tighter scrutiny over social media activity and past arrests slows processing in the country’s largest revenue generating market. Over the past year, more applicants have been issued…

External affairs minister S Jaishankar and US Congressional delegation met in New Delhi on Sunday, holding discussions on a range of issues including India–US relations, the Indo-Pacific region and the ongoing Ukraine conflict.The delegation comprised Congressmen Mike Rogers, Adam Smith and Jimmy Patronis, and was joined by US Ambassador to India Sergio Gor. The meeting…

Union Budget 2026 will be read less like a policy document and more like a report card—marked by two examiners who rarely agree but always pay: the parent who funds the journey, and the student who carries its weight. For students, the Budget is not a speech; it is a promise about ordinary days. It…

US air travel is seeing widespread disruptions as a powerful winter storm moves across large parts of the country, forcing at least 13,000 flight cancellations over the weekend and affecting major airports. Forecasters have warned that damage, particularly in areas hit by ice, could be catastrophic and comparable to a hurricane. By mid-morning on Saturday,…

While investments in infrastructure creation of track and rolling stock have been significant, average train speeds have remained 50–52 kmph for mail/express passengers. By Dhruv Gadh and Nitin KumarThe transport and logistics sector serves as the backbone for India’s Viksit Bharat @2047 vision. As our national carrier, the railways connect remote places, while providing a…