Economy

Under such pacts, two trading partners provide duty concessions to each other on goods to boost two-way commerce.

She added that once Parliament passes the proposed legislation, the UPI and Services Steering Committee of the NPCI will consider whether an MDR should be introduced.

The sharp increase in LPG costs comes amid elevated global energy prices following the escalation of tensions in West Asia.

The Centre has ruled out ethanol blending with diesel after oil marketing companies found that ethanol sharply lowers diesel's flash point, potentially increasing fire risks during storage, transport and handling.

India's demographic dividend has become a confidence dividend. Preserving it may prove as important as adopting artificial intelligence.

Oil marketing companies, including Indian Oil Corporation, HPCL and BPCL, are working on developing ethanol-based cooking fuel solutions.

Of the total Rs 10,463 crore collected, Rs 328 crore came from silver imports, while platinum contributed another Rs 95 crore.

The overall LFPR for persons aged 15 years and above declined to 54.6% during April-June 2026 from 55.5% in the previous quarter.

China has rattled the AI technology sphere, especially Silicon Valley, with one breakthrough after another in the past three months.

The commentary on studded jewellery came alongside broader remarks on Titan's first-quarter performance, where the company's jewellery margins came in ahead of expectations.

The deployment comes as Washington and Tehran remain locked in a tense standoff over the Strait of Hormuz, a critical corridor for global oil shipments.

The next geopolitical contest won't just be about who controls data or who builds AI models. It will also be about who builds, owns and protects the infrastructure that carries it.

LinkedIn CEO Dan Shapero said AI engineering jobs in India are growing 51% year-on-year, while the global hiring slowdown appears more linked to interest rates than AI

The government is also considering easing downstream FDI rules by exempting certain indirect investments from fresh approval when prior clearance exists.

The Russian crude discount has narrowed to around $2-$3 per barrel, while a $10 rise in crude prices could add about $15 billion to India’s annual oil import bill.

Modi and Vance also exchanged views on regional and global developments of mutual interest.

Union Cooperation Minister Amit Shah told urban cooperative banks that the RBI has consistently backed the sector in recent years, urging them to shed old perceptions of the regulator while inaugurating NUCFDC's new BSE office.

Berkshire Hathaway repurchased about $4.5 billion of its own shares in Q2, its biggest quarterly buyback since 2021, as operating earnings rose 16% to nearly $13 billion.

Think tank GTRI has warned that a Russia sanctions bill passed by the US Senate could subject Indian exports to tariffs of up to 100% if New Delhi keeps buying Russian crude.

Government said vast majority transactions will remain free of charge for merchants on UPI.