India is implementing a four-pronged strategy to boost exports amid global trade uncertainties and new US tariffs. This includes fast-tracking trade pacts with the UK, EU, and Oman, improving ease of doing business, enhancing export competitiveness, and diversifying export and import markets. The government is also working to increase FTA utilization and focusing on export…
Nayara Energy, backed by Rosneft, is actively working with the Indian government and trade partners to navigate challenges arising from EU sanctions impacting its Vadinar refinery. The company is focused on ensuring smooth transactions and maintaining operational stability to meet the demands of Indian consumers. Despite supply chain disruptions, Nayara Energy remains committed to uninterrupted…
US producer price inflation soared in July, reaching its highest level since 2022, fueled by rising service and goods costs. Economists suggest that President Trump’s tariffs are contributing to increased business expenses, particularly in sectors like steel, aluminum and food products.
S&P Global upgraded India’s rating to ‘BBB’ citing buoyant economic growth and enhanced monetary policy. Despite US tariffs, India’s economy remains resilient due to domestic consumption and manageable impact on exports. The upgrade reflects India’s strong recovery from the pandemic, infrastructure investments, and stable inflation, supporting long-term growth prospects.
India’s exports to the US surged nearly 20% in July, reaching $8.01 billion, while imports rose almost 14% to $4.55 billion. During April-July 2025-26, exports to the US jumped over 21% to $33.53 billion. The US remains India’s top trading partner. Exports to China also saw a significant increase, while overall imports from China grew…
Wall Street experienced a downturn as wholesale inflation exceeded expectations, diminishing hopes for imminent interest rate cuts by the Federal Reserve. The S&P 500, Dow Jones, and Nasdaq all saw declines following the release of the Labor Department’s report. Corporate news also impacted the market, with Tapestry and Deere shares falling due to profit warnings…
Vodafone Idea’s net loss widened to Rs 6,608 crore in the June quarter, impacted by higher finance costs, despite a revenue increase of 5% to Rs 11,022.5 crore. Average revenue per user (ARPU) improved by 15% year-on-year, reaching Rs 177. The telecom operator’s debt stood at Rs 1,944.5 crore, with deferred payment obligations of Rs…
SEBI has initiated an investor awareness campaign on All India Radio to combat securities market fraud, especially on social media. The campaign, featuring SEBI Chairman Tuhin Kanta Pandey, aims to protect investors from fraudulent schemes. Additionally, SEBI, in partnership with the Ministry of Panchayati Raj, launched a financial literacy program for rural leaders.
Muthoot Finance’s shares experienced a significant surge, climbing nearly 10 per cent, following the announcement of a 65 per cent year-on-year increase in consolidated profit after tax for the June quarter. The company’s loan assets under management also saw substantial growth, rising by 37 per cent to reach Rs 1,33,938 crore in Q1 FY26, contributing…
Jobless claims modestly decreased to 224,000, staying near historic lows, despite a grim July jobs report that led to personnel changes at the Bureau of Labor Statistics. While layoffs remain low, there are signs of labor market deterioration, including declining job vacancies and increased difficulty in finding employment. Concerns persist that tariffs could negatively impact…
