INDIAN ECONOMY
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Planned new U.S. sanctions on Iran and the UAE's halt on Tehran trade could severely disrupt Indian exports of rice, tea and pharmaceuticals to Iran, which have been largely routed through Dubai's port in recent years, Indian exporters said on Monday.
India has been among Iran's five largest trading partne...
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India has mobilised total foreign exchange inflows of $73 billion in less than 11 weeks, in the largest and fastest-ever foreign-currency mobilisation exercises undertaken globally.
The finance ministry said, in a statement, that by securing large-scale, long-term non-resident deposits and commercial insti...
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Moscow, Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin here and held talks with his key interlocutors.
Jaishankar, here on a two-day visit, also co-chaire...
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Union Commerce and Industry Minister Piyush Goyal on Monday asked Japanese businesses to expand their presence in India and create large-scale success stories as the nation seeks to deepen economic ties with Tokyo.
Speaking at a business forum attended by more than 200 Indian and Japanese industry leaders,...
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Finance Minister Nirmala Sitharaman will embark on an official visit to Canada and the United States from August 25 to September 2, to showcase India’s growth story to global investors and position India as a preferred destination for long-term capital, innovation and strategic partnerships, while advancing e...
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Elevated global prices of finished products and LNG, the major feedstock for domestic urea production have seen the government spending close to Rs 1 lakh crore in the current fiscal so far on fertiliser subsidies. That’s about 56% of the budget estimate of Rs 1.76 lakh crore. Sources told FE a chunk of subsi...
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The Centre on Monday allowed exports of wheat and wheat products without any conditions, shifting the commodity from the ‘restricted’ to the ‘free’ export category with immediate effect.
The decision follows the removal of the nearly four-year-old ban on wheat and wheat-product exports in February 2026, ci...
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External Affairs Minister S Jaishankar held a “wide-ranging conversation” with Russian leader Vladimir Putin on Monday — outlining plans for $100 billion in trade by 2030. Moscow also assured the other country of an uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis....
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MARKET & FINANCE
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The US bond market was in something close to pandemonium last week. A sharp sell-off in long-dated Treasuries sent yields shooting higher, triggering alarm across markets. Washington stepped in with an announcement that it would ramp up buybacks of longer-dated bonds, briefly calming nerves and pulling yields...
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Investors are flocking to mid- and small-cap mutual fund schemes. In the first four months of this financial year, these two categories accounted for more than 50% of the total folios added by the mutual fund industry — the highest since the Association of Mutual Funds in India (Amfi) began making the data pu...
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GLOBAL CORPORATE
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Swiss industrial companies fear higher tariffs they face on exports to the United States are putting them at a major disadvantage against European rivals who are exposed to lower import charges, a survey said on Monday.
The U.S. has imposed a tariff rate of 12.5% on Swiss goods since the end of July, 2.5 p...
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Japan's government is considering tax breaks on gains from sales of non-core businesses, a move that could accelerate long-delayed corporate restructuring and spur industry consolidation, two people with knowledge of the matter said.
The plan would remove a major obstacle to companies shedding non-core bus...
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The U.S. Department of War on Monday awarded Boeing a $131.23 billion indefinite-delivery/indefinite-quantity (IDIQ) contract to support the F-15 Eagle Crest program, which oversees the F-15 fighter aircraft fleet.
• The contract covers aircraft production, systems integration, upgrades and sustainment, in...
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Unilever is betting that shedding food assets and focusing on beauty, personal care and home products will close a valuation gap with more focused rivals. The challenge is convincing investors that a simpler company can deliver higher returns.
The maker of Dove soap, Axe deodorant and Cif cleaning products...
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U.S. refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a cautionary tale: "Super refining" runs that push plants too hard can cause major failures. This has global implic...
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The Trump administration is preparing another tariff move against China, this time focusing on Beijing’s growing production of cheap goods that are being sold across global markets, according to Bloomberg.
The move could come before a planned meeting between President Donald Trump and Chinese President Xi...
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GLOBAL ECONOMY
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Singapore's key consumer price gauge rose 2.0% in July from a year earlier, official data showed on Monday.
The core inflation rate, which excludes private road transport and accommodation costs, was lower than the median forec...
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Mexico's economy rebounded in the second quarter from the previous three-month period, national statistics agency INEGI said on Monday, posting its strongest expansion since early 2022.
Latin America's second-largest economy ex...
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Canadian factory sales most likely fell 0.2% in July from June, largely driven by lower sales in the chemical and fabricated metal product subsectors, Statistics Canada said in a flash estimate on Monday.
The estimate was calcu...
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Mexico's 12-month inflation rate accelerated in early August, data from national statistics agency INEGI showed on Monday, while core inflation remained persistent.
Annual inflation in Latin America's second-largest economy rea...
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The German economy grew by 0.3% in the second quarter of 2026 compared with the previous quarter, the statistics office said on Tuesday, slightly above last month's preliminary reading for 0.2%.
The data further firms up tentat...
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INDIAN CORPORATE
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Wind energy major Suzlon Group plans to invest Rs 10,000 crore in Andhra Pradesh as part of its expansion in the state.
State IT Minister Nara Lokesh will inaugurate Suzlon's new S144 wind blades at Huliker village in Kanekallu...
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Larsen & Toubro’s renewables business has bagged a major order to develop three battery energy storage systems (BESS) in the Middle East. In L&T’s parlance, major contracts are valued between Rs 5,000 to Rs 10,000 crore.
L&T R...
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Tata Capital on Monday signed a memorandum of understanding (MoU) with Japan’s Resona Bank to help Japanese companies tap opportunities in the Indian market.
Under this non-exclusive collaboration, Resona Bank will leverage Tat...
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Godrej Industries Group (GIG) plans to invest around Rs 20,000 crore in Haryana, with its real estate businesses accounting for the bulk of the proposed investment, as the group looks to expand its presence in the state’s resident...
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GST
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In a first-of-its-kind drive, the state GST department is using Udyam MSME data to identify firms that could be liable for GST registration Businesses whose MSME records point to turnover above the registration threshold are being issued notices to submit extensive financial documents, including income tax re...
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