Economy

The ongoing Fed meeting comes amid reports that the central bank is facing unusual political pressure from the Trump administration for rate cuts.

With the Economic Survey and the Union Budget 2026 just days away, expectations are running high. Stakeholders across sectors are closely watching Finance Minister Nirmala Sitharamans upcoming Sunday address, anticipating key announcements and policy signals.

While the deal has been welcomed for its strategic and long-term implications, brokerages remain largely measured on its immediate impact on Indian markets, flagging sector-specific opportunities and risks.

A decision to hold rates steady this month is likely to garner broad support from policymakers following a series of contentious cuts.

West Texas Intermediate was near $63 a barrel after jumping 2.9% in the previous session to the highest level since early October.

Under the India-EU free trade agreement, India has agreed to eliminate duties on most of the iron and steel products from the EU in a phased manner.

The DLI Scheme aims to accelerate domestic chip design capabilities.

At present, the European Union is the second biggest market for India's textile and apparel exports, after the US.

The US has heaped pressure on India's purchases of Russian oil by imposing additional tariffs on the South Asian nation.

Finance Minister Nirmala Sitharaman is set to present the budget on Feb. 1, this being her ninth budget in a row amid an geopolitical uncertainty and 7.4% growth rate. She is being assisted by notable bureaucrats who are helping her design and finalise the contents of this undertaking.

The landmark FTA, dubbed 'mother of all trade deals', covers 99% of total Indian exports to EU and 97% of EU's exports to India.

At Mumbai Climate Week, we will bring together the government, investors, developers, startups, communities, and citizens to work on these challenges.

Post-Budget programming will include Mega Budget Decode, editor roundtables, open-mic citizen reactions, sector-wise impact specials, and extended editions of flagship formats such as Ask Profit, Your Money Matters, and The Big Question.

Delivering the keynote address at India Energy Week 2026, the Minister of Industry and Advanced Technology of the UAE and Managing Director and CEO of ADNOC said India, as the world's third-largest energy consumer, has become a decisive force shaping global demand.

India is building LNG carriers domestically under a Rs 70,000 crore shipbuilding programme.

Brick and mortar retail shops in the top seven cities of India were at a three-year high due to gross leasing volume reaching a total of 12.5 million sq. ft in 2025.

Besides this, tariffs will be fully abolished for car parts after five to ten years.

The impact of the EU-India Free Trade Agreement on global politics

The meeting was attended by 51 members representing 39 different political parties.

The renewed push marks one of Prime Minister Mark Carneys major efforts to diversify Canadas export markets at a time of escalating trade tensions with the US.