India

India Talks to Boost Fertiliser Imports with Russia 

India Talks to Boost Fertiliser Imports with Russia 

India, a leading importer of fertiliser, is planning to increase fertiliser imports from Russia, Belarus and Morocco due to Middle East conflicts, and China may also reduce supply before the summer farming season. As farming is very important in India, farmers need fertilisers like urea, DAP, and potash. India also imports liquefied natural gas, which…

India Claims Oil Prices Boost to Push Inflation Sharply 

India Claims Oil Prices Boost to Push Inflation Sharply 

Finance Minister Nirmala Sitharaman recently said that India is not ready for the sudden surge in global crude oil prices triggered by the escalating conflict in the Middle East, and added that the effect of higher crude prices on India’s inflation will remain near the lower end of the central bank’s tolerance band. Global oil…

Russia Boosts Oil Supply to India as Conflicts Disrupt 

Russia Boosts Oil Supply to India as Conflicts Disrupt 

Russia is ready to shift its crude oil to India due to disruptions in the Middle East. Supply with around 9.5 million barrels of crude near Indian waters will arrive within a week or two. According to  Industry sources, the non-Russians are not certain about where the cargoes had headed, but they have assured that…

India Aims To Cut The Power Sector By 15 Million Tons In 2026.

India Aims To Cut The Power Sector By 15 Million Tons In 2026.

According to the latest reports from industry sources, India, the second-largest thermal coal importer after China, is now inclined to reduce its power plant imports by 30% in the following year. India’s government is aggressively aiming to reduce coal imports by 15 million tons this year. However, South Asian countries still depend on coal for…

India-France Modifies Double Taxation Avoidance Deal

India-France Modifies Double Taxation Avoidance Deal

The recent visit of the French President to India resulted in the signing of a protocol amending the India-France Double Taxation Avoidance Convention. The Indian government and the French Republican government agreed to revise the agreement, which was signed earlier on 29 September 1992 ( India-France DTAC). Ravi Agarwal, Chairperson of the Central Board of…

India to Delay Washington Meet As US Policy Shifts 

India to Delay Washington Meet As US Policy Shifts 

India and the United States decided to postpone their chief negotiators’ meeting, scheduled for this week in Washington on the Interim trade deal, due to policy changes. Both nations agreed to delay the meeting and will plan it again on ‘mutually convenient’ dates after assessing the new developments. The Indian delegation, led by Chief Negotiator…

India Poised to Emerge As Global Foremost AI User Base

India Poised to Emerge As Global Foremost AI User Base

Artificial Intelligence needs to be globally accessible rather than staying in a few hands, industry leaders said at the India AI Impact Summit. Sunil Mittal, Founder and Chairman of Bharti Enterprises, said AI is already becoming prominent in telecom operations, “from our company’s standpoint. AI is becoming a really integral part of how we operate,…

India’s Cash in Circulation Hits Record ₹40 lakh Crore

India’s Cash in Circulation Hits Record ₹40 lakh Crore

India’s cash in circulation has reached a record ₹40 lakh crore as of January 2026, marking an 11.1% increase compared to the same period last year. The sharp rise underscores the continued importance of physical currency in India’s financial system, even as digital payments grow rapidly nationwide. Despite the increase in absolute cash levels, cash…

India-UK CETA Set for April 2026 Implementation, 99% Exports to Go Duty-Free

India-UK CETA Set for April 2026 Implementation, 99% Exports to Go Duty-Free

The India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to be implemented by April 2026, according to an Indian government official. The agreement is currently awaiting parliamentary ratification in the United Kingdom, while approval from the Union Cabinet is required in India. Once approved, both CETA and the Double Contributions Convention (DCC) will be…

India to Get Textile Exports Benefits From the US 

India to Get Textile Exports Benefits From the US 

The Union Commerce Minister announced that India is likely to receive tariff benefits on textile exports, similar to those Bangladesh receives, under the United States’ trade agreement. Indian garment traders will be able to use American cotton once the deal is signed and will also enjoy zero tariffs from the US. Additionally, Piyush Goyal said…