Business

In the last five years, India has sealed seven significant trade pacts as part of its effort to expand its global economic footprint. (AI image) India announced concluding a Free Trade Agreement (FTA) with New Zealand on Monday paving the way for duty-free entry of Indian goods into New Zealand and a planned inflow of…

As Indian equities head into the final trading sessions of the year, the familiar question around the Santa Claus rally has resurfaced, with historical data and recent market signals pointing towards smaller stocks once again stealing the spotlight.Data from SAMCO Securities shows that smallcap stocks have delivered the strongest performance during the Santa Claus period…

As India and New Zealand finalised a historic free trade agreement (FTA), not everyone was onboard. New Zealand’s foreign affairs minister Winston Peters voiced his opposition claiming the deal was “neither free nor fair”.“New Zealand First is regrettably opposed to the India Free Trade Agreement announced today. We consider the India-New Zealand Free Trade Agreement…

US stock markets opened the holiday-shortened week on a positive note on Monday, with major indices posting modest gains amid light trading volumes and heightened moves in commodities.The S&P 500 rose 0.4% in early trade, hovering just below the all-time high it set earlier this month. The Dow Jones Industrial Average was up 170 points,…

Shares of several railway-linked companies surged in afternoon trade on December 22, as stock-specific triggers and rising pre-Budget expectations sparked fresh buying interest across the sector.Jupiter Wagons, IRCTC, RailTel and RVNL were among the top gainers, with some stocks rising as much as 15%, according to an ET report. The rally comes just over a…

The concluded India–New Zealand free trade agreement includes a tightly ring-fenced investment arrangement that will allow New Zealand firms to process dairy inputs in India exclusively for re-export, while keeping India’s domestic dairy market fully protected, Commerce and Industry Minister Piyush Goyal said on Monday, PTI reported.Under the arrangement, firms from New Zealand can bring…

Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday presented supplementary demands for grants of Rs 24,496.97 crore for the current financial year in the state assembly. Presenting the demands, Khanna said after deducting the central share of Rs 2,197.24 crore to be received for centrally sponsored schemes, the net additional burden on the state’s…

India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…

With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…

Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…