India’s Ministry of External Affairs denied knowledge of a call where PM Modi allegedly assured US President Trump of stopping Russian crude purchases. While India diversifies energy sources, driven by market economics and reduced Russian discounts, it also signals potential for increased oil imports from the US.
India and Brazil are set to expand their trade agreement. This move aims to significantly boost bilateral trade between the two nations. Discussions are underway to broaden the scope of the existing pact. Both countries are working towards a comprehensive agreement. This expansion will facilitate greater market access. The goal is to reach a USD…
India leads in digital public platforms, with UPI processing 85% of digital payments, facilitating financial inclusion and innovation. Reserve Bank Governor Sanjay Malhotra highlighted these cost-efficient, resilient systems, built as a public good. He emphasized global collaboration, sharing India’s MOSIP platform for national digital ID systems with 27 countries.
Indian markets saw a boost as US stocks climbed, driven by strong AI sector demand and a stellar profit report from chipmaker TSMC. Tech giants like Nvidia and Salesforce rallied, while J.B. Hunt also surged. Global markets mirrored the optimism, though US-China trade tensions persist. Economic data and a government shutdown are creating market uncertainty.
India stands as a crucial pillar of global growth, according to IMF chief Kristalina Georgieva, despite a volatile world economy. While praising India’s economic momentum, she suggested deeper trade integration could further boost its potential. The IMF also raised India’s growth forecast, acknowledging its resilience amidst global challenges and the transformative impact of AI.
Russia remains confident in its energy partnership with India, with Deputy Prime Minister Alexander Novak stating cooperation will continue despite US President Donald Trump’s claims of India halting Russian oil purchases. India reiterated its energy policies are guided by national interests and a focus on diversifying import sources for stability and affordability.
Wipro announced a modest net profit increase of Rs 3,246.2 crore for the July-September quarter, a slight rise from the previous year. Revenue also saw a 1.7% uptick to Rs 22,697.3 crore. CEO Srini Pallia highlighted strengthening revenue momentum, particularly in Europe and APMEA, and a clear strategy focused on AI leadership and client resilience…
Fruit prices surged by an average of 13.2% in the first nine months of 2025, marking a five-year high and significantly impacting household grocery bills. This persistent inflation, driven by regional supply shocks and cold chain issues, contrasts with falling vegetable prices. Bananas and apples were particularly affected by adverse weather and shifts in cultivation.
Chennai’s silver prices surged past Rs 2 lakh per kilogram on Thursday, driven by robust festive demand and a strong global rally. This marks a significant 28% increase in just over two weeks, with jewellers reporting heightened interest in silver items ahead of Dhanteras and Diwali. The upward trend reflects broader domestic and international market…
Russian Ambassador Denis Alipov on Thursday stated that India’s oil import decisions are driven by its national interests, responding to claims by US President Donald Trump. New Delhi has reaffirmed its independent energy sourcing approach, emphasising the importance of Russian oil for its economy and consumer welfare amidst global volatility.
