Business

India-China trade is unlikely to be influenced by external geopolitical or economic developments, as both countries are large economies that support multilateralism and global trade frameworks, China’s Consul General in Mumbai Qin Jie said on Saturday.Speaking to PTI on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, the diplomat said…

India Semiconductor Mission (ISM) 2.0 will prioritise building domestic chip design capabilities, strengthening the semiconductor ecosystem and expanding the talent base, Union Minister Ashwini Vaishnaw said on Saturday, outlining the government’s next phase strategy for the sector.Speaking at a Qualcomm event in Bengaluru, Vaishnaw said the upcoming phase of the programme will place design-led growth…

Union Commerce and industry minister Piyush Goyal said India’s approach to information and communication technology (ICT) product access is focused on safeguarding domestic interests while ensuring the country secures critical technologies needed for economic and national security priorities.Speaking in Delhi, Goyal said policy direction in the sector is aimed at protecting India from countries that…

State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…

India-US trade deal (AI image) India-US trade deal: Commerce Minister Piyush Goyal on Saturday said that the India-US trade agreement will provide a boost to exports, especially given the competitive 18% tariff rate that has been agreed on. Goyal’s statement comes after India and the US issued a joint statement on the trade agreement which…

India-US trade deal (AI image) India and the US have released a joint statement for the interim trade deal agreement, which is expected to formally be signed in the coming weeks. With this, the reciprocal tariff rate on India’s exports comes down to 18%. Simultaneously, US President Donald Trump has also signed an executive order…

NEW DELHI: India and the United States on Saturday announced the framework for an interim trade agreement that will sharply cut US tariffs on Indian goods while easing duties on several American food and agricultural products entering India. The agreement marks a de-escalation of months of trade tensions and sets the stage for a broader…

India and the United States on Saturday issued a joint statement outlining the details of the recently announced trade pact, under which tariffs on Indian products entering US will drop from 50% to 18%. The development follows months of negotiations that started back in February 2025. For India, the deal will reduce duties on a…

India-US trade deal: The newly announced trade agreement between India and the United States is expected to strengthen the ‘Make in India’ initiative by creating new opportunities for new youth and businesses. In a joint statement issued on Saturday, the two nations revealed the details of the pact, which will cut tariffs on Indian goods…

This will open a $30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen. The increase in exports will create lakhs of new job opportunities for our women and youth. As part of this framework, the US will slash reciprocal tariffs on Indian goods to 18%, providing a huge market opportunity in key sectors…