Economy

Official data from the US Treasury showed that China's holdings of treasuries declined to a 17-year low of $688.7 billion in October 2025.

India's forex reserves increased by $392 million to $687.19 billion during the week ended January 9, the Reserve Bank of India said on Friday.

The Reserve Bank will appoint one or more of its officers as RBI Ombudsman and RBI Deputy Ombudsman, to carry out the functions entrusted to them under the Scheme.

A meeting between Jaishankar and his Japanese counterpart Toshimitsu Motegi saw both sides agreeing to set up a joint working group on critical minerals and a dialogue mechanism on artificial intelligence. The Japanese foreign minister met Prime Minister Narendra Modi ahead of his talks with Jaishankar.

Farmers are a major voting bloc in the most-populous nation, where millions of smallholders own less than 2 hectares (5 acres) of land.

A dedicated deeptech policy is under active consideration, though it is yet to take its final shape, Piyush Goyal said.

The IndiaEU FTA is expected to be among Indias largest and most comprehensive trade pacts.

Modi said several schemes have been rolled out to provide seed fund to startups, while outdated rules have been done away with.

At the heart of the issue, Rotti said, is whether a TRC issued by a foreign country is sufficient proof for claiming treaty benefits such as lower or nil tax rates.

Presently, the crackdown has been launched against companies based in Delhi, Rajasthan and Uttar Pradesh, sources said.

Under this framework, more than 1,000 Dak Niryat Kendras across the country facilitate booking, aggregation and processing of export parcels, providing last-mile export infrastructure to MSMEs.

Taiwans technology industry would also commit to making at least $250 billion in direct investments to expand advanced semiconductor, energy and artificial intelligence operations in the US. That includes previous commitments by Taiwan Semiconductor Manufacturing Co., Commerce Secretary Howard Lutnick said, which total $165 billion. In addition, Taiwan agreed to provi...

Trump's announcement comes on the back of the formation of a 15-member Palestinian technocratic committee, tasked with managing the day-to-day government of the post-war Gaza.

Israels Prime Minister Benjamin Netanyahu asked President Donald Trump to postpone plans for an attack on Iran, the New York Times reported.

Merchandise exports stood at $38.51 billion during the month, registering a modest year-on-year increase from $37.80 billion in December 2024.

Initial claims decreased by 9,000 to 198,000 in the week ended Jan. 10, according to Labor Department data released Thursday. The figure was below all estimates in a Bloomberg survey of economists.

India-EU Trade Deal: The Commerce Secretary said the intent on both sides is to wrap up the negotiations before the January 26 meeting, when senior EU leaders are expected to be in India.

Speaking at the unveiling of the latest trade data, Agrawal went on to provide further clarity, revealing that discussions between India and the US never actually broke down.

Imports rose 8.8% in December from a year earlier to $63.55 billion while exports rose 1.9% to $38.51 billion.

Indian refiners are adjusting their procurement patterns, becoming more active in the market for non-sensitive substitutes from the Middle East, West Africa and Latin America that can replace Russias flagship Urals blend, though at a higher cost.