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Union Commerce Secretary Rajesh Agrawal. File | Photo Credit: ANI The end of this year is likely to see India move considerably forward on trade agreements with both the European Union (EU) and Canada. While the Indian government expects the EU authorities to sign the text of the free trade agreement (FTA) with India by…
Within this, merchandise exports grew 26.1% or by $9.07 billion in August 2026 to $43.8 billion. Merchandise imports grew 14% or by $8.71 billion to $70.7 billion in the same period. Image for representation | Photo Credit: Nirmal Harindran India’s trade deficit fell in August 2026, driven by a strong performance by merchandise exports, which…
Read More “India’s 26% goods exports surge lowers August 2026 trade deficit” »
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 38 paise to close at 95.92 (provisional) against the U.S. dollar on Tuesday (September 15, 2026), weighed down by escalating West Asia conflict and soaring Brent crude oil prices, which hit $108 per barrel. Forex traders said surging dollar demand from oil importers has sparked…
Read More “Rupee slumps 38 paise to close at 95.92 against U.S. dollar” »
Campbell Wilson, the MD and CEO of Air India, will be stepping down from his role this month. File | Photo Credit: PTI Air India’s board of directors are meeting in the city on Tuesday (September 15, 2026) as the airline is set to see the CEO transition, with former Ethiopian Airlines Group chief Tewolde…
Read More “Air India board meets to discuss incoming CEO’s salary, other matters” »
Festive demand is also expected to provide an additional boost, resulting in healthy Q2 numbers, says Rajesh Menon, Director General, SIAM. Photo for representative purposes | Photo Credit: The Hindu Automobile wholesales encompassing passenger vehicles (PVs), three-wheelers (3Ws) and two-wheelers (2Ws) recorded the highest-ever numbers of August in 2026, supported by a lower base in…
Read More “Passenger vehicle sales soar 36.5% in August 2026, reports SIAM” »
Kolkata-based Ramkrishna Forgings that supplies forged, machined, and fabricated products, is investing ₹250 crore to ₹300 crore this year in multiple production facilities. Chaitanya Jalan, Joint Managing Director, said the company is investing ₹170 crore to manufacture components for passenger vehicles in Jharkhand. This will be commissioned in March- April next year. It will also…
Read More “Ramkrishna Forgings to invest ₹300 crore in 2026-2027” »
A satellite image shows the Saudi Arabia East-West pipeline, located across the Arabian Peninsula, before a strike that hit it on September 11, 2026. Handout via Reuters. Oil prices rose on Tuesday (September 15, 2026) as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and…
Read More “Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns” »
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 30 paise to 95.84 against the U.S. dollar in early trade on Tuesday (September 15, 2026) on elevated Brent crude oil prices and heightened West Asia tensions. With Brent crude touching $106 per barrel, increased dollar demand from oil importers raised concerns over India’s external…
Read More “Rupee falls 30 paise to 95.84 against U.S. dollar in early trade” »
The 30-share BSE Sensex climbed 233.66 points to 75,022.37 in early trade. The 50-share NSE Nifty was up 63.85 points to 23,462.30. File. | Photo Credit: Reuters Benchmark indices Sensex and Nifty climbed in early trade on Tuesday (September 15, 2026), driven by a strong rally in IT stocks and HDFC Bank. The 30-share BSE…
Read More “Markets climb in early trade on strong buying in IT stocks, HDFC Bank” »
Image used for representational purposes only. | Photo Credit: Reuters The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday (September 15, 2026), four traders told Reuters, as rising oil prices and growing wagers on a rate hike in the U.S. this week pressured the South Asian unit. The rupee declined…
Read More “RBI likely intervenes to shield rupee as oil prices climb, traders say” »