Rupee Soars 119 Paise on US-India Trade Deal Breakthrough
The Indian rupee made a powerful leap forward in early trade Tuesday. It appreciated by a significant 119 paise against the US dollar. This surge followed a major development in…
FM Announces Rs 10,000 Crore Growth Fund for MSME Champions
Finance Minister Nirmala Sitharaman has unveiled a bold new strategy to empower India’s MSME sector. Presented during the Budget speech from the newly constructed Kartavya Bhawan, the plan centers on…
Kerala’s Budget Disappointment Amid Higher Tax Share
Kerala’s response to the Union Budget is one of sharp disappointment. Both the ruling LDF and opposition UDF have slammed it for what they call total neglect. The only positive…
Fiscal Deficit Pegged at 4.3% in New Budget
Union Finance Minister Nirmala Sitharaman reaffirmed the government’s commitment to fiscal consolidation on Sunday. She presented the Union Budget in Lok Sabha with key financial targets. The fiscal deficit for…
India’s $1.1 Billion Biopharma Hub Ambition
India is making a massive financial commitment to its pharmaceutical future. The government will invest 100 billion rupees, equivalent to $1.1 billion, into biopharmaceutical research over the next five years.…
Why India May Increase Gold and Silver Import Duties
India’s gold and silver imports surged to record levels last year. This has sparked significant concern among policymakers. The government finds itself with few effective tools to curb these resilient…
EPFO 3.0 Launch Brings UPI Withdrawals and Digital Overhaul
The Employees’ Provident Fund Organisation is gearing up for a major digital transformation. EPFO 3.0 aims to make provident fund services faster and simpler for over 70 million active subscribers.…
PNB Housing Finance Q3 Profit Rises 8% to Rs 520 Crore
PNB Housing Finance has announced a robust quarterly performance. The company reported a nearly 8 percent increase in net profit for the December quarter. This growth highlights the firm’s steady…
Budget 2026: A Crucial Gear Shift for India’s Auto Industry
For India’s automobile industry, the turbulence of the past few years appeared to ease after September 2025. A long-awaited GST reset corrected long-standing tax distortions, and festive-season demand brought buyers…
Rupee Drops to 90.98 Amid FII Outflows and Dollar Demand
The rupee weakened by 8 paise in early trade on Tuesday, opening at 90.91 before slipping to 90.98 against the US dollar. This decline was driven by strong dollar demand…