Food inflation is expected to remain under control in the second half of FY26, supported by better monsoon rains and improved sowing conditions. However, ICICI Bank’s Global Markets sectoral update has warned that an “adverse base” could push food inflation higher in FY27. A base effect means inflation can look unusually high or low depending…
WASHINGTON/NEW DELHI: Indian spice merchants and tea growers will be among global exporters who will breathe easy along with American consumers after US president Donald Trump, feeling the heat of rising domestic prices due to tariffs, moved to lower import duties on nearly 200 food, farm, and agricultural items. Tucked deep in the list is…
Chinese-owned automakers are emerging as major players in India’s electric passenger vehicle segment, challenging long-time leaders Tata Motors and Mahindra & Mahindra. In under two years, brands such as BYD, MG Motor and Volvo — all backed by Chinese companies — have overtaken several Korean and German rivals and now account for nearly a third…
Nearly 90% of Indian organisations are preparing to hire specialised professionals over the next year to strengthen digital identity management, infrastructure and cyber security frameworks, according to a Rubrik Zero Labs report released on Sunday.The study says the rapid adoption of artificial intelligence is driving a surge in AI agents, leading to a sharp rise…
Indian travellers are powering a sharp rise in tourist numbers across several overseas destinations this year, with Moscow, Vietnam, Japan, South Korea and Georgia reporting strong double-digit growth. The upswing comes even as Azerbaijan and Turkey have fallen out of favour following their support for Pakistan during Operation Sindoor.Moscow has emerged as one of the…
Prime Minister Narendra Modi has asked engineers working on the Mumbai–Ahmedabad bullet train project to systematically document their technical and on-ground experiences, saying such a record would help India replicate high-speed rail projects across the country without “repeated experimentation.”Interacting with engineers and workers of the Mumbai–Ahmedabad High Speed Railway (MAHSR) corridor in Surat on Saturday,…
Commerce Secretary Rajesh Agrawal held a series of high-level meetings in Moscow to review progress on the proposed India–Eurasian Economic Union (EAEU) Free Trade Agreement, the commerce ministry said on Sunday.During his visit, Agrawal met Andrey Slepnev, Minister in charge of Trade at the Eurasian Economic Commission, and Russian Deputy Minister of Industry and Trade…
India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…
Indian companies are rapidly moving from AI experimentation to real-world deployment, but most remain cautious about writing big cheques for large-scale transformation, a new EY–CII study has found.According to the report, 47% of enterprises now run multiple Generative AI applications in their core workflows, a sharp shift from the pilot-heavy approach seen even a year…
Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…
