Country Financial News

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman on Saturday unveiled an ambitious tourism vision in the Union Budget for 2025-26, reaffirming a 2023 pledge to develop 50 new destinations as engines of economic growth and employment. However, a closer look at the budget paints a more nuanced picture, with stagnant allocations and underutilized funds.

Imported jewellery, right from top brands like Tiffany, Bvlgari, Cartier and unbranded ones, will become cheaper following the reduction of import duty from 25% to 20% in Budget 2025.

Nirmala Sitharaman unveiled several key healthcare initiatives aimed at improving access to cancer treatment, expanding medical education, and supporting gig workers.

Budget 2025: Toys have always held a special place in every child's heart, but finding ones that both kids and their parents are happy with can be a challenge. Good-quality toys often come with a hefty price tag, while cheaper alternatives may not meet the expectations. However, the Indian government has recognised the need for a change and is working towards transforming the toy sector into a global leader.

Subscribe to enjoy similar stories. President Trump has repeatedly said he wants Palestinians in Gaza to move out of the devastated enclave and into neighboring Egypt and nearby Jordan. The Arab world is pushing back, ostensibly because it would undermine efforts to create a Palestinian state.

V Anantha Nageswaran, Chief Economic Advisor, says there are some challenges in the path of India achieving 7% plus growth in FY26 is a significant and prolonged spillover from global market correction onto Indian markets. The other risk factor, once again, can be what happens to the monsoon, etc, and also whether hiring and compensation, etc, in the private sector continue to lag behind profitability growth. Those are all the risk factors that can make this estimate come towards the lower end of the range rather than towards the upper end of the range or even better than that. Is there a scope of overperforming? Is seven plus percent growth possible in FY26? V Anantha Nageswaran: Yes, indeed, it is possible. It all depends on the speed with which some of the global factors play out and also whether any significant spillover happens from global financial markets, etc. And, of course, as always, the monsoon will be critical as well, and the speed with which private sector is able to look at hiring and compensation practices afresh and if the deregulation agenda also gathers momentum, it will also influence sentiment in a positive way leading to more investments and more hiring, etc. So, there is scope for this number to be exceeded in reality in FY26.

Trump said on Friday he would impose hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, and nothing could be done by the three countries to forestall them.

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.

It’s starting to look like we might not be able to dodge those tariffs after all.

U.S. President Donald Trump is expected to announce new tariffs against Canada and Mexico that will begin on March 1, but will include a process for the countries to seek specific exemptions for certain imports, three people familiar with the planning told Reuters.

National Conference Lok Sabha member from Srinagar Aga Ruhulla Mehdi said that the journalists in Kashmir were bribed, intimidated, summoned and arrested after August 5, 2019, so that the truth is suppressed and the world doesn’t know the ground reality.

Subscribe to enjoy similar stories. India’s aviation market is flying high and is the fastest-growing globally, the Economic Survey 2024-25 said on Friday, highlighting that the country’s airlines have placed among the largest orders for aircraft globally to accommodate growth in air traffic. There was a 6.12% increase in total domestic air passengers to 161.3 million in 2024 from 152 million in 2023, as per data by the Directorate General of Civil Aviation.

Viksit Bharat by 2047, according to the Economic Survey 2024-25. The consequences of financialisation are evident in advanced economies, where it has led to unprecedented levels of public and private sector debt — some visible to regulators and some not, it said.

Subscribe to enjoy similar stories. New Delhi: In the Economic Survey 2025, China is mentioned 102 times, casting a long shadow over the global economic landscape. Often referred to as a “manufacturing colossus," China’s role has become a central theme, not only in India’s growth story but also in shaping the global economy.

Subscribe to enjoy similar stories. More than three years into China’s housing crisis, there is still no sign of its ending. Now, as private and locally-owned developers keep faltering, the sector is becoming more state-dominated.

Subscribe to enjoy similar stories. President Trump’s advisers are considering several offramps to avoid enacting the universal tariffs on Mexico and Canada that he had pledged, according to people familiar with the matter, even as he reiterated Thursday that the tariffs are coming. The situation is fluid and Trump still may go through with his vow to slap 25%, across-the-board levies on imports from America’s two largest trading partners.

Sonia Gandhi's remarks, the Rashtrapati Bhavan, without mentioning her name called it «unacceptable» and said it «clearly hurt the dignity of the high office.»

Agoda in Singapore, never imagined love would find her again after a decade-long relationship ended. But one spontaneous decision changed everything. What started as a casual swipe led to a whirlwind romance spanning two different countries proving that love can arrive when least expected.

Madhu Kela, Market Veteran, says turn market volatility into your ally. This year, returns are expected to be quite modest. To achieve those returns, you need to be highly skilled at spotting strong bottom-up investment ideas. Volatility can provide you with an advantage and opportunities, as stocks often don’t have time to recover. Many solid companies can see their prices drop by 40% or 50% in just a few trading sessions or within a month. Kela says in a bull market, one can make money even if you are not on the ball, which was the case for the last three years. In this kind of market, one has to be really on top of the game to be able to make money. This Budget, he will be looking at the commentary on the fiscal path beyond 2026 and the capex situation. What is the state of the market and what sort of return can be expected? Madhu Kela: In the last three-four years, phenomenal returns have been generated by individual investors and markets have been very kind. One thing which I have been consistently maintaining is not to extrapolate these returns even in your mind because you cannot just keep compounding at 30-35% year after year.