Speaking ahead of the IMF’s January World Economic Outlook (WEO) update, International Monetary Fund spokesperson Julie Kozack said India has become a major engine of global growth
Zerodha founder Nithin Kamath said India too has its own set of “real problems” but it all boils down to how we decide to respond to those challenges.
"We realise that Prime Minister Modi is extremely nationalistic, in a good way. I mean, he's looking after his country just like we look after our country," said US Congressman Rich McCormick.
With its traditional freight coal, cement, and steel likely to register a modest 5% growth by FY30, Indian Railways is looking at increasing FMCG freight share. An industry meet is scheduled next week to chart out the strategy
India’s merchandise exports rose to $38.51 billion in December from $38.13 billion in November, while imports increased to $63.55 billion from $62.66 billion, official data showed.
BSE, NSE holiday today: Nithin Kamath argued that the holiday exists because no one who matters actually has any incentive to oppose the market holiday.
Jawaharlal Nehru Port Authority (JNPT) rail connectivity to Western Dedicated Freight Corridor (WDFC) expected by March 2026. Crew shortage, congestion on feeder routes to impact traffic
Growth may moderate to 6.6-6.9 per cent in FY2026-27, reflecting a high base and persistent global uncertainties, the report stated.
Iran turmoil: India is Iran’s largest rice supplier, accounting for nearly two-thirds of all Iranian imports from the country.
This marks a notable increase from the 6.3 per cent estimate made in June 2025.
India’s total trade with Iran stood at around $1.6 billion last year, a small fraction of Iran’s overall import basket of nearly $68 billion in 2024. In comparison, Iran’s largest import partners include the UAE ($21 billion), China ($17 billion), Turkiye ($11 billion) and the European Union ($6 billion), highlighting India’s modest share in Tehran’s trade ecosystem.
Indian Railways has revised the Gati Shakti Multi-Modal Cargo Terminal (GCT) policy for increasing private sector participation. Zonal railways hold the implementation key.
India-Iran trade: To put it in perspective, Iran ranks behind major and mid-economies, and even smaller economies such as Tanzania, Angola, Togo, Mozambique, Senegal, Ghana.
25% tariff on Iran trading parters: Trade ministry officials told Business Today that since the announcement came at midnight, the department is currently in the process of analysing the probable impact.
While Ambassador Gor said both countries remain engaged, US Commerce Secretary Howard Lutnick expressed doubts about reaching an agreement, citing missed opportunities and delays in communication between the two sides.
Collections from Securities Transaction Tax (STT) amounted to ₹44,867 crore between April 1 and January 11, reflecting steady activity in capital markets. Meanwhile, tax refunds issued during the period declined by 17 per cent year-on-year to ₹3.12 lakh crore.
This is the last inflation reading before the Union Budget, February MPC meeting, and the last in the current series.
'Today, emerging markets account for more than 50% of world growth, and the US will find that people will develop alternatives if they are not willing to party right,' says economist Ashima Goyal
It has called for consultations with private players to rework its proposal following the enactment of the Act.
Kotak’s remarks come amid escalating pressure from Washington on major economies, including India, following the Trump administration’s backing of a Bill that could impose tariffs of up to 500% on countries importing Russian-origin oil and energy products.
The final decision to lift the curbs rests with Prime Minister Narendra Modi’s office and it is reportedly awaiting approval.
India’s Biggest Change Is Youth Self-Confidence, Says Union Minister Piyush Goyal




