Economy news - NewsLocker

Compliance takes centrestage in boardrooms

10-02-2026 21:02 via timesofindia.indiatimes.com

Global regulatory complexity is now a central corporate strategy for Indian companies, impacting costs, market access, and competitiveness.Companies are embedding compliance into core business planning, moving from a 'wait and see' to a 'preventive vigilance' model.This shift is driven by increasing scrutiny, mandatory reporting, and the risk of severe penalties, making regulatory navigation a key survival metric.

Exporters not sweating over US-Bangladesh trade deal

10-02-2026 20:58 via timesofindia.indiatimes.com

Bangladesh secured a 19% reciprocal tariff from the US, with some exemptions for textiles using American materials. While Indian exporters are watching closely, they remain unconcerned. The slight tariff difference and limited use of US cotton are unlikely to significantly impact Indian garment competitiveness, especially as buyers seek diversification.

Pharma manufacturer Dadachanji forays into building med devices

10-02-2026 20:56 via timesofindia.indiatimes.com

The Dadachanji Group has launched KAIRISH Innotech, venturing into custom-built machines, medical devices, and automation for pharma and healthcare. This new entity aims to be a one-stop engineering partner, offering comprehensive solutions from machinery design to sterilization.The move signifies a significant expansion into advanced technological offerings for various industries.

India can be alternative to China for US cos: Greer

10-02-2026 20:53 via timesofindia.indiatimes.com

US Trade Representative Jamieson Greer stated that the India-US deal will be significant for years to come, positioning India as a potential alternative to China for American companies seeking to diversify production. Greer highlighted India's growing role as a trusted partner in global supply chains and its increasing imports of US oil.

Govt to sell 5.3% in Bhel, eyes Rs 4,650cr

10-02-2026 20:51 via timesofindia.indiatimes.com

The government is divesting approximately 5.3% of its stake in Bhel through an Offer for Sale (OFS), aiming to raise around Rs 4,650 crore. The OFS, with a floor price of Rs 254 per share, will be open for institutional investors on Wednesday and retail investors and employees on Thursday.

Carlyle to take control of Nido Home Finance

10-02-2026 20:48 via timesofindia.indiatimes.com

Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are committing Rs 2,100 crore, including a Rs 1,500 crore primary equity infusion, to strengthen Nido's capital and governance for affordable housing expansion.

TaMo, long-time partner Stellantis ink fresh MoU

10-02-2026 20:45 via timesofindia.indiatimes.com

Tata Motors and Stellantis are exploring new manufacturing, engineering, and supply chain collaborations, building on their existing two-decade joint venture. This partnership aims to leverage synergies and navigate evolving automotive megatrends like powertrain shifts and software-defined vehicles. The move signifies a strategic step for both global players in India's growing mobility sector.

Health insurers get back in shape post Covid low

10-02-2026 20:38 via timesofindia.indiatimes.com

India's health insurance sector is experiencing its strongest performance post-pandemic, with the incurred claims ratio dropping to a five-year low of 86.9% in FY25. While overall profitability improved, the group health segment, dominated by public sector insurers, continues to face significant underwriting losses, with claims exceeding premiums.

Metal over scrip: Gold, silver ETFs outshine equity funds

10-02-2026 20:30 via timesofindia.indiatimes.com

Gold and silver ETFs saw record inflows last month, surpassing equity funds for the first time. This surge, driven by unprecedented price rallies in precious metals, highlights investor behavior focused on recent performance. Despite a late-month dip, the trend underscores a significant shift in investment preferences.

Tobacco Board urges Sitharaman to revisit tax hike in interest of farmers, workers

10-02-2026 18:48 via timesofindia.indiatimes.com

The Tobacco Board has urged the Finance Minister to reconsider the significant excise duty hike on cigarettes, warning of severe repercussions. This increase, leading to a 60% price jump, risks fueling illicit trade, impacting millions of farmers and workers, and potentially collapsing market prices for tobacco growers.

Over Rs 72,000 crore in unclaimed bank deposits transferred to RBI fund: Government

10-02-2026 18:41 via timesofindia.indiatimes.com

Over Rs 72,000 crore in unclaimed bank deposits, untouched for a decade, have been transferred to the RBI's Depositor Education and Awareness Fund. Public sector banks hold the largest portion. The government has launched UDGAM to help people trace their money and introduced measures to prevent further accumulation, aiming to boost financial literacy.

Hyderabad company Aarvee Engineering Consultants gets Sebi nod for IPO

10-02-2026 17:57 via timesofindia.indiatimes.com

Aarvee Engineering Consultants has secured SEBI's nod for its IPO, aiming to raise Rs 202.5 crore via fresh issue and Rs 67.5 lakh shares through an offer for sale. Proceeds will fund debt repayment, bolster Indian and overseas subsidiaries for tech development, and general corporate needs. The infrastructure consultancy boasts a strong project portfolio.

India to keep buying cheapest, best-quality crude, govt tells parliamentary panel

10-02-2026 17:50 via timesofindia.indiatimes.com

India will prioritize competitive pricing and suitable quality for crude oil imports, while carefully navigating geopolitical landscapes and avoiding sanctioned sources. Discussions also centered on the India-US interim trade agreement and the proposed India-EU Free Trade Agreement, with officials highlighting progress and upcoming developments.

Genome Valley Excellence Award 2026 to be conferred upon Dr Bruce Levine at BioAsia

10-02-2026 16:56 via timesofindia.indiatimes.com

Dr Bruce Levine of the University of Pennsylvania will receive the Genome Valley Excellence Award 2026 at BioAsia for his groundbreaking work in cell and gene therapy, particularly CAR T-cell treatments for cancer. His innovations have significantly advanced personalized medicine and cancer immunotherapy, setting new benchmarks for translational research and global healthcare.

Hisense opens first India manufacturing plant in Sri City

10-02-2026 16:44 via timesofindia.indiatimes.com

Chinese giant Hisense has launched its first Indian manufacturing facility in Andhra Pradesh, a significant step in its 'Make in India' localization strategy. The over $30 million plant, set up by Epack Durable, will initially produce 7.5 lakh room air conditioners annually.

Goldman Sachs lifts India growth forecast, cuts CAD estimate after India-US trade deal

10-02-2026 16:38 via timesofindia.indiatimes.com

Goldman Sachs has boosted India's economic growth forecast for 2026 to 6.9% and reduced its current account deficit estimate to 0.8% of GDP. This positive revision follows the India-US trade deal, which lowers US tariffs on Indian exports. The brokerage also noted the Indian Rupee's recent strength, though further appreciation is unlikely, and expects interest rates to remain stable.

Trump’s zero-tariff clause for Bangladesh: Will India’s textile exports lose competitive edge gained after US trade deal?

10-02-2026 16:33 via timesofindia.indiatimes.com

The India-US trade framework was being seen as an important breakthrough that could improve access to America’s $118 billion textile and apparel import market. The US is already India’s largest destination for textile exports.

IndiGo says pilot strength adequate as DGCA’s temporary duty norm relaxations end

10-02-2026 15:59 via timesofindia.indiatimes.com

IndiGo assures stable operations as DGCA's temporary pilot duty norm relaxations end. Following significant flight disruptions and cancellations in early December, the airline faced regulatory scrutiny. The DGCA had granted exemptions until February 10 to aid stabilization, but pilot bodies emphasize safety over fatigue concerns.

Government plans to sell 3% BHEL stake via OFS, May offload additional 2%

10-02-2026 15:52

Under the base offer, the government will offload over 10.44 crore equity shares, while an additional 2 percent stake may be sold through the green-shoe option if investor demand remains strong.

India needs $14.23tn investment in power sector by 2070 to meet net-zero goal: Niti Aayog

10-02-2026 15:22 via timesofindia.indiatimes.com

India needs a massive $14.23 trillion investment in its power sector by 2070 for a net-zero future, with renewables dominating generation.Electricity's role in consumption will surge, requiring a 14-fold increase in installed capacity.Decarbonizing transport and securing critical mineral supplies are also vital for achieving climate goals.

India-US interim trade deal, tariff reduction to boost chemical sector exports: Indian Chemical Council

10-02-2026 14:50

The Trump administration had imposed tariffs on major exporters to the US, including India and China.

Gold, silver rate today: Yellow metal extends rally; silver slips nearly 3%

10-02-2026 14:33 via timesofindia.indiatimes.com

Silver prices plummeted by nearly 3% to Rs 2.64 lakh per kg in Delhi on Tuesday, while gold saw a Rs 2,200 gain per 10 grams, reaching Rs 1.60 lakh. This divergence occurred amidst a firm US dollar and anticipation of key US economic data.Traders are observing a consolidation phase in precious metals.

Milk price hike unlikely in 2026, says Indian Dairy Association President

10-02-2026 14:01

However, he added that a price increase cannot be ruled out if companies choose to put additional money into farmers' hands.

Reducing China dependence: India eyes critical minerals deals with France, Brazil, Canada

10-02-2026 13:37 via timesofindia.indiatimes.com

India is actively pursuing agreements with Brazil, Canada, France, and the Netherlands to jointly explore, extract, and process critical minerals like lithium and rare earth elements. This strategic move aims to secure vital raw materials for the nation's energy transition and reduce dependence on China, which currently dominates global supply chains for these essential resources.

Govt, RBI roll out measures to improve health, governance of cooperative banks: MoS Finance

10-02-2026 13:37

As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access.

BS6 emission standards update: What it means for car buyers and mileage – Will prices increase?

10-02-2026 12:56

BS6 emission standards update: The Indian government has announced a significant change in the existing BS6 emission standards, it will be applicable from April 1, 2027.

Stock market today: Which are the top 10 gainers and losers on NSE & BSE? Check list

10-02-2026 12:54 via timesofindia.indiatimes.com

Indian equity markets extended their winning streak for a third day, buoyed by positive global sentiment and hopes of a US-India trade deal. While the Sensex and Nifty both closed higher, profit-booking limited further gains. Investors are now keenly awaiting quarterly earnings reports for market direction.

Your 30s money checklist: 7 Financial goals you shouldn’t ignore

10-02-2026 11:59

Entering your 30s is a crucial phase for building financial security and preparing for long-term goals. With growing responsibilities such as family needs, home ownership, and retirement planning, this decade requires disciplined saving, smart investing, and proper risk protection. Setting financial priorities — including creating an emergency fund, managing debt, securing insurance, and planning major life expenses — can help ensure stability and steady wealth creation over time. Th

Higher than India’s GDP: Value of household gold at record high of over $5 trillion - why even RBI is buying the yellow metal

10-02-2026 11:43 via timesofindia.indiatimes.com

A recent Morgan Stanley report in October 2025 even pegs the total amount of household gold with Indians stands at 34,600 tonnes! However, it is important to understand that the two concepts - value of household gold and India’s GDP - differ fundamentally in terms of stock and flow concepts.

Mutual Fund AUM shoots to over Rs 81 lakh crore in January: AMFI data

10-02-2026 11:32

The industry's average AUM stood at Rs 82,01,174.62 crore for the month. Investor participation remained strong, with total mutual fund folios increasing to 26.63 crore as of January 2026, reflecting the addition of 50.6 lakh net folios during the month.

Indian exports to hit $1 trillion soon? Exporters expect boost from trade deals with US, EU

10-02-2026 09:59 via timesofindia.indiatimes.com

Indian exporters anticipate $1 trillion in goods and services outflows by 2026-27, fueled by new trade agreements with the US and EU.US tariff cuts from 50% to 18% on Indian products are already boosting orders in sectors like chemicals and footwear.Exporters are optimistic about increased market share, though capacity and implementation clarity remain key discussion points.

Planning to buy Royal Enfield Classic 350? Check 3 reasons to purchase it and 2 to skip

10-02-2026 09:38

Royal Enfield Classic 350: The Royal Enfield Classic 350 is one of the most talked-about motorcycles in India in 2026. With its retro style, reliable engine, and practical features, it attracts many riders.

India's vehicle retail sales jump 17.61% YoY in January 2026 as rural demand surges

10-02-2026 09:34

Vehicle retail sales in India commenced the calendar year 2026 on a strong note, recording a 17.61 per cent year-on-year (YoY) growth in January, according to data released on Tuesday by the Federation of Automobile Dealers Associations (FADA).

India's vehicle retail sales jump 17.61% YoY in January 2026 as rural demand surges

10-02-2026 09:34

Vehicle retail sales in India commenced the calendar year 2026 on a strong note, recording a 17.61 per cent year-on-year (YoY) growth in January, according to data released on Tuesday by the Federation of Automobile Dealers Associations (FADA).

Say hello to rail passes: Why Indians are swaping flights for train trips in Europe?

10-02-2026 09:19 via timesofindia.indiatimes.com

Indian travelers are increasingly opting for rail passes to explore Europe and East Asia, driven by rising travel costs and a desire for predictable expenses.This trend sees India becoming a significant market for passes like Eurail and the Swiss Travel Pass, with families also embracing train travel for multi-country adventures.

Aadhaar Biometric lock guide: Step-by-Step protection against biometric authentication fraud

10-02-2026 09:12

One useful but often overlooked security feature is the Aadhaar biometric lock, offered by UIDAI to help prevent misuse of fingerprint and iris information.

Dubai’s new property resale rule 2026: What UAE residents, expats should know about tokenised assets, secondary market activation

10-02-2026 08:42 via timesofindia.indiatimes.com

Dubai is revolutionising its property market with a new resale rule for tokenised real estate, set to launch in February 2026. This initiative aims to boost liquidity and accessibility for residents and expats by allowing fractional ownership trading, much like stocks. The move enhances transparency and investor protection, building on Dubai's digital transformation efforts.

2026 Tata Punch EV Facelift: Check key details ahead of its launch

10-02-2026 08:32

2026 Tata Punch EV: The SUV now looks sharper and more EV-like from the front. The grille gets a closed-off design, but the black strip that earlier connected the headlights is gone.

Russian oil imports: Trump administration may give refunds for small penalties on India - check details

10-02-2026 08:23 via timesofindia.indiatimes.com

In an executive order issued on February 6, the Trump administration said that Indian goods entering the US for consumption, or released from warehouses for consumption, on or after 12:01 a.m. Eastern Standard Time on February 7, 2026, would no longer be subject to the additional 25% ad valorem duty previously imposed.

Income Tax draft rules: PAN required only for cash transactions above Rs 10 lakh, hotel bills above Rs 1 lakh

10-02-2026 08:20

One of the key proposals is related to cash transactions with banks. Under the draft rules, PAN will be required only when cash deposits or withdrawals total Rs 10 lakh or more in a financial year across one or more bank accounts.

India’s cheapest 4×4 SUV in 2026: Priced at just Rs 12.32 lakh, 17 kmpl mileage, automatic options, latest tech features and more

10-02-2026 08:05

India’s Cheapest 4×4 SUV in 2026: The Maruti Suzuki Jimny stands out as India’s cheapest 4×4 SUV. It comes with a 4×4 system as standard, offering good off-road ability at a price of Rs 12.32 lakh.

Freedom of digital expression upheld: Supreme Court rules profanity is not per se obscenity

10-02-2026 07:45 via timesofindia.indiatimes.com

The Supreme Court thoroughly reviewed the notion of obscenity, legislative framework involved in the application of the Sections 67 and 67A in the Information Technology Act and the judicial standards that were established in the application of Section 292 in the Indian Penal Code.

You thought Rs 22 lakh salary catapults you to top 1% of population? CA explains real math and a delusion

10-02-2026 07:34

In a recent post in X, chartered accountant Nitin Kaushik has called the top 1 percent label in India a statistical delusion and explains the logic behind it.

Gold price prediction today: Will volatility in gold rates continue in the near-term? What investors should know

10-02-2026 06:50 via timesofindia.indiatimes.com

Gold price prediction today: Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan is of the view that the gold price rally looks overextended. What’s the outlook for gold prices in the coming days? Here’s what he has to say:

I took Tata Punch off the road - Here's how it behaved

10-02-2026 06:44

Tata Punch: The car I drove was powered by a 1.2-litre turbo-petrol engine producing 120 PS and 170 Nm. It came with a 6-speed manual gearbox and front-wheel drive. This matters because, in off-roading, traction is everything.

PF withdrawals via ATMs to become reality in April? All we know so far

10-02-2026 06:32

According to the report, the move is being implemented to further streamline the process of EPF withdrawal, which typically involves filing multiple forms.

White House releases fact sheet on India–US trade deal, outlines ‘path forward’ — key details

10-02-2026 06:30 via timesofindia.indiatimes.com

India and the United States have reached a new interim trade agreement. Washington is withdrawing additional duties on Indian imports. India will lower duties on American industrial and agricultural goods. New Delhi also pledges to significantly increase imports from the US. Negotiations for a comprehensive trade deal will continue.

I took Tata Punch off the road - Here's how it behaved

10-02-2026 06:29

Tata Punch: The car I drove was powered by a 1.2-litre turbo-petrol engine producing 120 PS and 170 Nm. It came with a 6-speed manual gearbox and front-wheel drive. This matters because, in off-roading, traction is everything.

Rupee in red: Currency falls 11 paise to 90.77 against US dollar

10-02-2026 06:21 via timesofindia.indiatimes.com

The Indian rupee opened weaker against the US dollar, falling 11 paise to 90.77. Traders adopted a cautious stance following the interim trade framework announcement, reassessing initial optimism due to ongoing US oversight on energy imports. Near-term movement will depend on key support levels holding, with the RBI expected to intervene on dips.

Best skills to learn for GCC jobs in 2026: What employers are really hiring for in the Gulf, from AI to cloud, cybersecurity and more

10-02-2026 05:42 via timesofindia.indiatimes.com

GCC economies are rapidly embracing digital transformation, creating a surge in demand for tech-savvy professionals. Skills in AI, data analytics, cybersecurity and cloud computing are paramount. Alongside these, strong soft skills like leadership and adaptability, coupled with a commitment to lifelong learning and understanding localisation policies, are crucial for career success in the region's evolving job market.