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The Economic Times

Economy / The Economic Times

India-US trade deal to be signed after new US tariff framework is finalised

India-US trade deal signing is contingent on a new tariff framework, with discussions ongoing regarding non-tariff barriers and Section 232 tariffs. The agreement will also address US Section 301 tariffs, with finalization awaiting Washington's restoration of global tariff architecture post-Supreme Court ruling.

17 Mar 2026 5:30 am
Trade deficit nearly 2x in Feb; exports face battlefield ahead

India's trade deficit widened significantly in February, reaching $27 billion. This increase was driven by a substantial rise in imports, especially gold and silver. Exports experienced a minor decrease. The government plans to introduce measures to support exporters facing logistical challenges. The trade gap with China also saw an increase during the fiscal year.

17 Mar 2026 5:30 am
Indias wholesale inflation rises to 11-month high of 2.13% in February

India's wholesale price inflation reached an 11-month high of 2.13% in February, driven by increased costs of primary goods like food and non-food articles. Economists anticipate further acceleration due to rising input costs and ongoing geopolitical tensions, with manufacturing products also showing a slight increase.

17 Mar 2026 5:30 am
Why has Israeli PM not attended last seven crucial cabinet meetings, and is Benjamin Netanyahu critically injured or really dead? Death rumors refuse to die down amid US Iran war

Why has Israeli PM not attended last seven crucial cabinet meetings, and is Benjamin Netanyahu critically injured or really dead? Rumors spread on social media during the Israel-Iran war. Videos, AI deepfake claims, and Netanyahus absence from cabinet meetings triggered speculation. Israeli PMO and a Jerusalem cafe said the prime minister is alive and fine.

17 Mar 2026 4:42 am
Nancy Guthrie missing case investigation latest big update: FBI recovers camera images as investigators review early surveillance. Here's sheriff warning

Nancy Guthrie missing case investigation latest big update shows new evidence review in the disappearance of Savannah Guthries mother. FBI recovered camera thumbnails, investigators checked earlier surveillance dates, and authorities warned the suspect could target others while the search continues.

17 Mar 2026 3:34 am
Neil Dunn health: Donald Trump shockingly reveals Congressman Neal Dunn 'would be dead by June'

Donald Trump gave what appeared to be private details about Congressman Neil Dunn's poor health.

17 Mar 2026 2:57 am
Quote of the day by Ludwig von Mises: 'If men do not now succeed in abolishing war, civilization and mankind are...' - lessons on war, peace and humanity by economist and author of Human Action: A Treatise on Economics

Quote of the day by Ludwig von Mises: Economist Ludwig von Mises issued a stark warning. He stated that humanity faces doom if war is not abolished. Mises emphasized collective responsibility for peace. His message highlights the urgency of diplomacy and cooperation. The choices made today will shape mankind's future. This call to action underscores the value of peace.

17 Mar 2026 1:59 am
Why are US stock market indexes up now, and will Nasdaq, S&P 500 and Dow Jones continue to move upwards or sink again? Wall Street rise, biggest gainers, losers, analysts insights and market outlook

Why are US stock market indexes up now, and will Nasdaq, S&P 500 and Dow Jones continue to move upwards or sink again? Wall Street moved higher as investors returned to AI stocks. Meta, Nvidia and chip companies gained. Lower oil prices and economic signals also supported markets as investors watched Federal Reserve policy.

17 Mar 2026 1:49 am
Operation Sindoor post: Haryana drops prosecution plan against Ashoka faculty

Haryana government has decided against prosecuting Ashoka University's Ali Khan Mahmudabad for an alleged objectionable Facebook post. The state informed the Supreme Court of this magnanimous, one-time decision, effectively closing the matter. The court, however, cautioned the professor to be more mindful of his future statements given the sensitive nature of such issues.

17 Mar 2026 1:48 am
Investors take to digital gold in a big way

Digital gold purchases in India saw a significant surge in 2025. Younger investors are increasingly opting for small, online gold purchases over traditional jewellery. This trend is driven by convenience and accessibility. Experts believe government regulations will further boost this digital gold market.

17 Mar 2026 1:22 am
Fading flames, rising heat: LPG crisis leaves restaurants and staff on edge

Restaurant owners are struggling to get LPG supplies. This shortage is causing operational issues and impacting business. Many fear job cuts and salary reductions if the situation continues. Some businesses are exploring alternative cooking methods. The industry anticipates a difficult period ahead due to these ongoing supply challenges.

17 Mar 2026 1:17 am
Revamped Stand-Up India scheme soon: Nirmala Sitharaman

Replying to a supplementary question in the Lok Sabha, Sitharaman said the modified programme would incorporate lessons from the earlier scheme, which was discontinued in April 2025 after nine years. With studies done by Niti Aayog and others, this scheme is being redrafted and soon the Cabinet will be given a proposal with which we will launch a new scheme to continue with Stand-Up India, which benefitted SC/ST and women all over the country, she said.

17 Mar 2026 1:16 am
Air India, AI Express to operate 44 West Asia flights

On Tuesday, travelers will find 44 flights from Air India and Air India Express heading to West Asia. However, the escalating regional conflict has led Dubai airport to impose restrictions on foreign carrier flights. In response, IndiGo and SpiceJet have temporarily suspended their services to Dubai.

17 Mar 2026 1:15 am
Amazon knocks on DoT's door to get Satcom nod fast

Amazon is pushing India for faster approval of its satellite communication permit. The company has sent multiple letters to the government. This comes as Amazon lags behind its satellite launch schedule. It faces strong competition from Elon Musk's Starlink. Amazon aims to offer significantly more capacity than Starlink in India.

17 Mar 2026 1:14 am
SC grills Sebi over lingering probe against Sandesara brothers despite Rs 5,100 cr settlement

In a surprising turn of events, the Supreme Court has scrutinised Sebi's ongoing actions against the directors of Sterling Biotech. This review arises following the directors hefty 5,100 crore settlement payment. Earlier, the court had invalidated all related cases. Sebi's investigation concerns the suspected routing of funds.

17 Mar 2026 1:12 am
Exporters, freight forwarders seek government help as war surcharges on cargo surge

Amid escalating geopolitical tensions, Indian exporters and freight forwarders are appealing for government support. Shipping lines worldwide are imposing significant war-risk surcharges on Middle Eastern shipments, often doubling the previously established rates.

17 Mar 2026 1:11 am
Magicbricks and realtors' body tie up for data-driven info exchange

Magicbricks and NAREDCO have joined forces to forge a strategic alliance designed to invigorate India's real estate sector. This one-year agreement positions Magicbricks as a key knowledge and communication partner, tasked with launching research reports and regular newsletters.

17 Mar 2026 1:07 am
HC upholds SECI's reallocation of solar capacity to Adani Co

The Delhi High Court has backed Solar Energy Corporation of India's 2023 move. This decision reallocated 2.33 gigawatts of solar power capacity from Azure Power India to Adani Green Energy. A public interest litigation challenging this reallocation was dismissed. The court found no evidence of loss to the public exchequer. The reallocation involved a reduction in the power purchase price.

17 Mar 2026 1:01 am
Russia launches daytime drone attack on Kyiv; Ukraine downs most targets

In a surprising twist, Kyiv was the target of an unprecedented drone attack in broad daylight. Thankfully, Ukrainian air defenses were on high alert, managing to intercept the majority of the drones. These were not just any drones; they were equipped with sophisticated communication systems, raising the stakes of this daytime incursion.

17 Mar 2026 12:56 am
Quote of the Day by Emma Watson: I'm a feminist, but I think that romance has been taken away a bit for my generation.

I'm a feminist, but I think that romance has been taken away a bit for my generation, Emma Watsons quote, reflects the modern balance between independence and emotional connection. It highlights how feminism empowers individuals while recognizing that traditional romantic gestures may feel diminished in contemporary society. It encourages embracing both empowerment and intimacy, showing that advocating for equality does not mean sacrificing love, tenderness, or meaningful human connection.

17 Mar 2026 12:56 am
Bank-NBFC co-lending pacts may be expanded to aid MSMEs

A parliamentary panel suggests boosting bank and NBFC co-lending to help MSMEs access cheaper credit. It also proposes listing profitable regional rural banks and reinforcing state-run general insurers. The committee highlighted a significant credit gap for small businesses and a decline in insurance penetration. Recommendations include developing climate risk insurance and using business correspondents to reach rural areas.

17 Mar 2026 12:55 am
At bottom of the pyramid, 21 million small borrowers have dropped out

Twenty-one million small borrowers exited formal finance. Lenders stopped new loans to those with overdue payments after a microfinance crisis. Many have returned to private moneylenders. This trend reflects tighter lending rules and market contraction. Loan disbursements saw a recent increase, indicating a slow recovery.

17 Mar 2026 12:54 am
Quote of the Day by Albert Camus: 'Man is the only creature who refuses'Top quotes by the best-known French philosopher

French philosopher Albert Camus's profound quote, 'Man is the only creature who refuses to be what he is,' encapsulates humanity's constant quest for identity and meaning. Despite facing hardship, Camus championed truth and justice, influencing 20th-century thought with works like 'The Stranger' and 'The Myth of Sisyphus,' urging us to confront life's uncertainties.

17 Mar 2026 12:53 am
Easier FDI norms notified for border country investors

India has updated its foreign direct investment policy. Investments from countries sharing a land border now face stricter government scrutiny. Overseas companies with up to 10% Chinese shareholding can invest via the automatic route, subject to limits. However, entities registered in China or other bordering nations require government approval. This change aims to regulate investments from neighboring countries.

17 Mar 2026 12:53 am
RBI seeks banks views on AI-based facial recognition tools at ATMs, branches to curb fraud

As per the draft guidelines, a bona fide victim, being an individual person and having lodged a complaint involving gross loss of an amount up to Rs 50,000 on account of fraudulent electronic banking transaction (s), would be compensated 85% of the net loss amount (calculated after reducing recoveries made, whether before or after paying the compensation, from the gross loss amount), or Rs 25,000, whichever is less, once during his or her lifetime.

17 Mar 2026 12:53 am
Israel says it has plans for at least three weeks of war as airstrikes pound Iran

As the US-Israeli confrontation with Iran stretches into its third week, the repercussions are reverberating through the global oil markets. In a show of defiance, Iran has recently targeted both the UAE and Bahrain with drone strikes.

17 Mar 2026 12:52 am
Audit gaps at Big 4 affiliates

India's financial watchdog, NFRA, has released inspection reports on major audit firms. These reports highlight issues with audit independence, internal governance, and scrutiny of related-party transactions. The regulator aims to improve audit quality and protect investors. While some improvements were noted, further strengthening of controls is required across these firms.

17 Mar 2026 12:51 am
PHDCCI urges RBI to boost MSME credit, fix LoC rules

The PHD Chamber of Commerce and Industry has approached the Reserve Bank of India. They are seeking increased credit for small businesses. The chamber also wants the RBI to resolve issues with letters of credit. Inconsistent handling of document discrepancies by banks is a concern. Unfair practices by rating agencies are also highlighted. Clearer guidelines for banks are requested.

17 Mar 2026 12:46 am
Poll panel anti-Bengali and anti-women: CM Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee has strongly criticized the Election Commission of India. She labeled the recent bureaucratic and police reshuffles as anti-Bengali and anti-women. Banerjee specifically highlighted the removal of the state's first woman chief secretary. She questioned the timing and nature of these decisions, asserting that the government in Bengal will not change.

17 Mar 2026 12:39 am
Quote of the day by Elizabeth Taylor: It is strange that the years teach us patience; that the shorter our time, the greater our capacity for waiting.

Elizabeth Taylor was one of Hollywoods most famous actresses. She started acting as a child and later became known for big films like Cleopatra and Whos Afraid of Virginia Woolf. Her life also included many marriages, health struggles and charity work. The famous star remained in the spotlight for decades and became an important figure in film history and humanitarian causes.

17 Mar 2026 12:39 am
'No decisions yet on capping refinery prices': Sujata Sharma

Fuel retailers are facing losses as pump prices remain low despite rising refining costs. Reports suggested state oil companies might pay less to other refiners. However, the government has not approved any decision on capping refinery prices. India has sufficient crude oil and refiners are working at high capacity.

17 Mar 2026 12:37 am
2,300 companies of central forces will be deployed in Each Phase: Bengal CEO

Over 2,200 companies of central forces will secure West Bengal in every phase. Election officials will ensure accountability of law enforcement and poll staff for violence-free elections. Reports on illegal weapons and history-sheeters are being collected. Central forces will remain impartial and accept no hospitality. Past instances of compromise led to strict action.

17 Mar 2026 12:34 am
Iran-US war: Dubai govt, companies in huddle to assess economic impact

Dubai's economy feels the heat from Iranian attacks. Businesses report supply chain snags and soaring costs. Freight and clearing charges have surged. Overseas suppliers demand upfront payments, hitting small firms hard. Dubai Chambers is engaging with members to assess the situation and explore support measures. The government is working to address these challenges.

17 Mar 2026 12:32 am
ECI removes chief secretary, home secretary and top cops in poll-bound West Bengal

As part of its efforts to guarantee free and fair elections, the Election Commission of India has enacted major personnel shifts within West Bengal's administration and police. Noteworthy replacements have been made, with the introduction of new leadership such as the chief secretary, home secretary, and director general. The Kolkata Police will also welcome a new commissioner.

17 Mar 2026 12:27 am
ReNew sells 11% stake in unit for $95 million

ReNew has announced the sale of an 11% equity stake in its commercial and industrial power generation division, attracting $95 million from three strategic investors: Leapfrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest. This transaction values the division at an impressive $850 million and underscores the vital role of the C&I sector in India's journey towards decarbonization.

17 Mar 2026 12:25 am
West Asia war: Specialty fertiliser imports 10-20% costlier, cos to step up production

Imported fertilizer prices have surged 10-20 percent following the Iran war. This is impacting supplies of key farm nutrients. Indian companies are now increasing production of specialty fertilizers and enhancing stocks. Farmers are exploring cost-effective domestic options. Dealers are also stocking these products as a hedge against potential shortages.

17 Mar 2026 12:19 am
Despite PNG meter connection, nearly 40% customers can't access piped gas

Many homes with piped natural gas meters are not receiving gas. The regulator is urging city gas companies to fix this issue. This comes as the government encourages a shift from LPG cylinders to piped gas. Companies are offering incentives to encourage more users. The focus is now on activating existing connections rather than just adding new ones.

17 Mar 2026 12:13 am
As West Asia fire rages, green transition chatter gets louder

As tensions rise in West Asia, the urgency to transition from fossil fuels is becoming increasingly clear. A pivotal conference hosted by Colombia and the Netherlands is on the horizon, while Brazil is laying down a blueprint for an equitable energy transition. Meanwhile, India's focus could shift towards cutting down on oil and gas imports.

17 Mar 2026 12:10 am
Indias oil supply gets naval shield near Hormuz amid Gulf conflict

As tensions rise in critical maritime corridors, Indian warships are on high alert in the Strait of Hormuz, providing a protective shield for tankers and cargo ships destined for India. Under the banner of Operation Sankalp, this strategic deployment is pivotal for maintaining the security of vital energy supplies.

17 Mar 2026 12:07 am
Quote of the Day by Tom Cruise: I don't care who you are, life has challenges.

I don't care who you are, life has challenges, Tom Cruise quote highlights a universal reality: everyone faces obstacles, regardless of fame, wealth, or status. Cruise emphasizes that challenges are part of life and overcoming them builds resilience, strength, and character. This statement resonates because it reassures people that struggles are normal and shared by all, encouraging individuals to confront hardships with courage, determination, and perseverance for personal growth and success.

17 Mar 2026 12:01 am
Ladakh protests: Thousands rally in Leh, Kargil seeking statehood and Sixth Schedule

More than a thousand citizens in Ladakh's Leh and Kargil regions rallied on Monday, echoing calls for statehood and adherence to the Sixth Schedule. Leaders from the Apex Body Leh alongside the Kargil Democratic Alliance expressed their discontent regarding the central government's stance. Participants, brandishing pointed placards, highlighted the immediacy of their demands.

16 Mar 2026 11:59 pm
Quote of the Day by Jackie Chan: 'In work and in life, no matter how smart'Top quotes by the best-known film star

Jackie Chan, the global martial arts star, shares a powerful message. He states that in work and life, being a good person is as crucial as being smart, talented, or beautiful. Chan's own journey highlights discipline and humility. His philosophy reminds everyone that true achievement lies in character and how we treat others, not just fame or ability.

16 Mar 2026 11:59 pm
Quote of the day by Maya Angelou: 'My great hope is to laugh as much as I cry, to get my work done and try to...' - lessons on living a balanced life, emotional courage and accepting love by the poet of Still I Rise

Quote of the day by Maya Angelou: Her quote on living a balanced life emphasizes embracing both joy and sorrow, fulfilling responsibilities, and having the courage to give and receive love. The influential writer and poet, known for her powerful works on identity and resilience, faced significant hardships that shaped her impactful literary career and activism.

16 Mar 2026 11:57 pm
No takers so far on Trump's call for a coalition to secure Hormuz

The US is rallying international allies to secure oil tankers as Iran's menacing warning to close the Strait of Hormuz looms large. This threat is rattling the markets, driving oil prices higher, while some nations are reluctant to align with the American-led coalition. China is voicing its worries over trade impacts as the U.S.

16 Mar 2026 11:43 pm
Word of the Day: Polyphiloprogenitive

Polyphiloprogenitive is a rare English word that describes someone or something that produces many offspring or results. The word has roots in Greek and Latin languages. It became known after appearing in a poem in 1919. Today, it is mainly used in vocabulary learning, language studies, and literature discussions to show how long and complex English words are formed.

16 Mar 2026 11:38 pm
Indias horticulture production to increase marginally in 2025-26: First Advance Estimate

India's horticulture production is set to remain steady in 2025-26. Vegetable output is expected to rise, driven by onions and potatoes. Fruit production will see a slight increase. Flower production may see a minor dip. Spice output is projected to grow significantly, with gains in cumin, ginger, garlic, and turmeric. This sector is crucial for boosting farmer incomes.

16 Mar 2026 11:37 pm