The Economic Times

Kotak Mutual Fund has launched the Kotak Services Fund, an open-ended equity scheme. This fund provides investors an opportunity to invest in India's services sector, which is a major driver of the nation's economy. The sector contributes significantly to Gross Value Added and employment. The fund aims to capture growth opportunities through a disciplined investment strategy.

Indian IT stocks experienced a significant selloff on Wednesday. Investors reacted to fears that artificial intelligence could make traditional software and IT services outdated. This led to a substantial drop in market value for major IT companies. Global tech stocks also saw declines. The concern is that AI advancements may increase competition and reduce profitability for these firms.

India's economy is set for a major boost. A new trade deal with the United States will lower tariffs significantly. This makes India more competitive in Southeast Asia. Sectors like textiles and manufacturing will benefit. The Indian rupee is expected to strengthen. This agreement removes economic uncertainty and encourages investment. India's integration into global supply chains will accelerate.

India and the US have finalized a landmark trade deal, significantly reducing tariffs on Indian exports to the US from 50% to 18%. This pact is expected to boost several Indian companies, particularly in the textile, auto ancillary, and electronics sectors, by improving their competitiveness and opening new export opportunities.

INDIA-MARKETS/RUPEE (UPDATE 1)INDIA RUPEE-Rupee dips on corporate hedging, focus on demand for RBI's FX swap

Toronto-based Thomson Reuters, which owns the Westlaw legal database, slumped by nearly 18%. It is on track for its biggest daily loss on record and lowest close since J

Gold and silver futures extended gains for a second session, driven by geopolitical tensions after the US shot down an Iranian drone, along with bargain buying and a softer dollar. MCX silver jumped 4% and gold rose 3%, while global prices surged to multi-year highs. Analysts expect continued volatility amid dollar moves and geopolitical risks.

Nazara Technologies' shares dipped after reporting a 24% YoY decline in Q3 operating revenue to Rs 405.9 crore, primarily due to the deconsolidation of Nodwin Gaming. Despite this, the company returned to sequential profitability with an Rs 8.8 crore net profit. Strong nine-month performance and growth in Kiddopia and IP expansion were also noted.

Shares of Hindustan Aeronautics Ltd dropped significantly after it was not shortlisted for the Advanced Multirole Combat Aircraft programme. Larsen & Toubro, Bharat Forge, and Tata Advanced Systems were selected. The winner will partner with Aeronautical Development Agency to build prototypes. This fifth-generation fighter jet is expected to be a key part of India's air combat capability from the mid-2030s.

India's smallcap stocks, after a sharp correction, are seeing a potential turning point following the India-US trade deal. While export-oriented companies may benefit from reduced tariffs, analysts advise a selective, bottom-up approach, focusing on fundamentals rather than broad momentum.

India and the US have announced a trade deal. Investors are celebrating, but experts urge caution. The full details are not yet public. Past trade announcements from the US have been inconsistent. Potential costs for switching oil supplies and sensitive sectors like agriculture are concerns. The deal aims to boost trade and investor confidence.

RBI Monetary Policy Committee February 2026: The Reserve Bank of India is likely to hold interest rates steady this week. Focus will be on ensuring previous rate cuts benefit borrowers. A recent trade deal with the U.S. reduces the need for immediate economic stimulus. India's economy is performing well, with growth forecasts remaining strong. Analysts anticipate measures to support the bond market.

India and the US have agreed on a trade deal. External Affairs Minister S Jaishankar met with US Secretary of State Marco Rubio in Washington DC. They discussed strengthening bilateral cooperation on critical minerals exploration and mining. The leaders also emphasized the importance of their democracies working together. Discussions covered trade, energy, defense, and technology.

Indias latest Budget focuses on growth while maintaining fiscal discipline. Experts view it as a long-term roadmap for sustainable economic development rather than a short-term fix. The government has placed strong emphasis on strengthening manufacturing and services, while also reducing dependence on imports. Trade agreements with the US and the EU are expected to significantly boost exports and give domestic manufacturing a fresh push. Overall, the strategy aims to reinforce Indias global stan

Finance Minister Nirmala Sitharaman hailed the reduction in tariffs by the US as a game-changer for Indian exporters. This development is likely to fortify the Indian rupee and entice more international investments, positioning India as a key player on the global economic stage.

The US and India have inked a pivotal trade agreement with which both nations stand to gain. By slashing reciprocal tariffs on Indian exports, the deal safeguards vital sectors like agriculture and dairy.

The Trade Representative said the US would continue to work on access to certain protected areas of Indias agriculture sector, but said tariffs for a variety of things... tree nuts, wine, spirits, fruits, vegetables, etc, they're going down to zero.

New Delhi's tax framework ensures fair competition for Indian industry. Revenue Secretary Arvind Shrivastava highlighted budget reforms for data centres and special economic zones. The government believes in taxpayer autonomy and trust-based compliance. The system aims to reduce friction between taxpayers and tax authorities.

The Employees' Provident Fund Organisation is set to consider a slight reduction in the interest rate for provident fund deposits for the upcoming financial year. However, upcoming elections might influence the decision, potentially leading to the rate remaining unchanged for the third consecutive year. The organisation is also looking to increase the wage ceiling for mandatory PF coverage.

India's economy is set for a boost as the US lowers tariffs on Indian goods. This move is expected to increase India's GDP by 20-30 basis points next fiscal year. Key sectors like gems and jewellery, textiles, and marine products will see improved exports. The rupee is also likely to stabilize with increased foreign investment.

India and the US have finalized a trade agreement. The US has reduced tariffs on Indian goods to 18 percent. This move will boost Indian exports in sectors like textiles and apparel. Sensitive areas like agriculture and dairy remain protected. India is set to attract advanced technologies and integrate further into global value chains.

Moscow claims they've yet to receive any communication from New Delhi regarding a pause in oil purchases from Russia. This statement comes in the wake of US President Donald Trump suggesting that India had consented to halt its acquisitions of Russian crude.

India's medical device exports are set for a major boost. The US has reduced tariffs on Indian goods significantly. This move makes Indian products more competitive against Chinese suppliers. It also opens up new opportunities in the US market. Industry leaders are calling this a transformative development for domestic manufacturers. This will enhance global competitiveness and spur investments.

Indian exporters expect a 20% rise in overseas shipments over the next five to six years. This growth is driven by a US tariff cut on Indian goods, boosting competitiveness for apparel, home textiles, and engineering products. Rice exports will also benefit, allowing India to expand its market share. The gem and jewellery sector also anticipates relief and increased orders.

India's record rice harvest is set to boost exports to the United States. A US duty cut will make Indian rice more competitive against rivals. This agreement also helps revive basmati rice exports to Iran. Lower tariffs will ease costs and improve pricing for Indian rice. This trade deal strengthens exports of high-value farm products. Farmers will see better outcomes.

India and the European Union are close to finalizing their Free Trade Agreement. The pact could be signed and come into effect this year. A new Security and Defence Partnership has also been established. This partnership aims to enhance cooperation on various security challenges. Both agreements signal strong commitment and offer significant opportunities for businesses and operational collaboration.

Participating in the discussion on the Motion of Thanks to the President's address, he said it is a historic moment for our foreign policy and our economic system.

India and the United States have reached a significant trade agreement. Washington will lower tariffs on Indian products to 18 percent. Former diplomats have welcomed this development, calling it a positive step. This deal is expected to boost Indian exports and foster new partnerships.

Indian carpets will now face lower US tariffs, dropping from 50 percent to 18 percent. This significant reduction offers substantial relief to the nation's carpet industry. The move is expected to directly benefit approximately 2.5 million weavers. The Carpet Export Promotion Council expressed gratitude for the efforts leading to this positive development.

A UK parliamentary report has praised the India-UK free trade agreement as a significant achievement. The deal offers strategic benefits and stability for businesses during challenging global trade times. While highlighting some areas for improvement, the report encourages both nations to strengthen the agreement. The pact is expected to boost annual bilateral trade considerably. Parliamentary ratification is underway.

Sanjeev Sanyal, advisor to the Prime Minister, highlighted uneven economic growth across Indian states. He noted eastern India lags behind due to Kolkata's industrial decline and slower infrastructure progress. Sanyal emphasized the need for strong urban centers to drive investment and productivity. He also praised the Union Budget 2026-27 for its growth focus and capital expenditure strategy.

India's exports are poised for a significant boost following the US tariff cut announcement, according to Finance Minister Nirmala Sitharaman. She stated that the agreement, which lowers the reciprocal tariff on Indian goods to 18 percent, is a positive development. This, combined with access to new markets, is expected to drive export growth.

Foreign capital inflows are expected to rise soon. India is experiencing a balanced economic phase with steady growth and easing inflation. The government's focus on public spending and private investment is driving this positive trend. Efforts are underway to attract long-term investments in key sectors. Asset monetisation plans are also progressing, aiming to unlock value from government properties.

India and the US have struck a trade deal. This agreement withdraws steep US tariffs on Indian goods. Indian exporters faced significant duties, impacting sectors like textiles and marine products. Details on specific sectors are still emerging.

India's economy may surpass earlier growth projections following the US's sharp tariff reduction on Indian goods. Chief Economic Adviser V. Anantha Nageswaran indicated growth could reach 7.4%, a significant upside to the government's forecast. This move is expected to boost exports, revive investment, and make India more attractive for global firms diversifying production.

The Kremlin emphasized the importance of its strategic partnership with India following US President Trump's announcement that India would halt Russian crude purchases as part of a deal to boost US trade. Russia reiterated its commitment to developing ties with New Delhi and its willingness to engage in strategic arms dialogue.

Goldman Sachs sees a brighter economic future for India. A new trade deal with the US lowers American tariffs on Indian goods. This is expected to boost India's GDP by 0.2 percentage points. Trade tensions are easing, which could encourage private investment.

India and the United States have finalized a trade agreement. This deal is set to invigorate India's Micro, Small, and Medium Enterprises. It will enhance their global competitiveness and create more jobs. The agreement also aims to secure new supply chains and improve investment and credit flow. Prime Minister Modi expressed gratitude for this initiative.

India has signed five significant trade agreements in 12 months with the UK, EU, Oman, New Zealand, and the US, marking a rapid acceleration in its trade diplomacy. These targeted partnerships aim to boost exports, attract investment, and secure supply chains by linking India with key global markets and diversifying its economic relationships.

A new India-US trade agreement brings much-needed relief to the gem and jewellery sector. This deal aims to revive exports that suffered due to high American tariffs. The agreement caps reciprocal tariffs, replacing punitive levies that had significantly impacted Indian goods. The US is India's largest market for these exports.

India-US trade deal has put agriculture in the spotlight. While US officials highlight significant agricultural exports, Indian officials emphasize broader opportunities. Details remain scarce, particularly regarding specific agricultural products and quantities India will import. This lack of clarity fuels speculation about the actual concessions made by India, especially concerning sensitive sectors like dairy.

India has finalized a trade agreement with the United States. This deal was achieved through a strategy of patience and strategic negotiation. India resisted pressure and artificial deadlines, prioritizing its national interests. This approach has now paid off, securing a balanced outcome. The agreement marks a significant achievement for India's trade policy.

India-US trade deal: India and the United States have reached a significant trade agreement. This deal concludes months of intense negotiations. The agreement includes reduced tariffs on Indian goods. It also sees the removal of punitive tariffs. This marks a major milestone for both nations. The pact is expected to boost Indian exports. It underscores India's strategic approach to international trade.

India-US trade deal: India and the US have reached a breakthrough trade deal, significantly easing global uncertainty for India's trade outlook. The agreement, announced by President Trump, includes a sharp reduction in US tariffs on Indian goods to 18% and withdrawal of penal levies on Russian oil purchases.

India and the United States have announced a significant trade deal. This agreement opens up extensive new opportunities for both economies and their citizens. The deal offers India lower tariff rates compared to Pakistan. External Affairs Minister S Jaishankar is in Washington for talks and a critical minerals summit.

India's neighbourhood policy is adapting to complex regional shifts. Geopolitical competition and internal changes in neighbouring nations demand tailored approaches. A recent dialogue and book highlight the need for differentiated engagement, moving beyond a one-size-fits-all strategy. Focusing on country-specific needs and building trust are crucial for regional stability and India's influence.

America and India have reached a significant trade agreement. This deal will see India reduce tariffs on American goods, particularly farm products. India has also committed to purchasing more energy and other products from the United States. This development is expected to boost American exports and strengthen bilateral ties between the two nations.

As India strives to strengthen its economic foothold, the slow march towards improved market access in China is evident. Finance Minister Nirmala Sitharaman points to a dual approach of propelling domestic manufacturing and managing imports to curb the trade deficit.