Economy news

• Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices - explained

  13-01-2026 09:02 via timesofindia.indiatimes.com
  
  Escalating unrest in Iran is disrupting India’s Basmati rice exports, causing order delays and a sharp drop in domestic prices. How much will Donald Trump's 25% tariffs now hit?
  
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• Toyota Fortuner Legender Beware! MG Majestor unveil tomorrow - Expected price, features and more

  11-02-2026 15:06 via zeenews.india.com
  MG Majestor: JSW MG Motor India is set to unveil the MG Majestor SUV tomorrow, February 12, 2026. The SUV was first showcased at the 2025 Bharat Mobility Expo.
  
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• Labour Force Participation Rate spikes to 55.8%, unemployment rate declines: MoSPI data

  11-02-2026 14:46 via zeenews.india.com
  The data showed a rise in female labour force participation, with the overall female LFPR increasing to 34.9 percent in October–December 2025 from 33.7 percent in the previous quarter.
  
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• Effective capital expenditure in Union Budget 2026 is Rs 17.1 lakh crore, 4.4% of GDP: Sitharaman in Lok Sabha

  11-02-2026 14:12 via zeenews.india.com
  Replying to the debate on the Union Budget 2026–27 in the Lok Sabha, she said the increased investment in infrastructure and development would help accelerate the government’s “Viksit Bharat” vision. 
  
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• NPS Update: Full withdrawal allowed up to Rs 8 lakh corpus — Key rules explained

  11-02-2026 13:49 via zeenews.india.com
  Under the latest withdrawal rules, 100 percent lump-sum withdrawal is allowed at retirement (age 60 or later) if the total NPS corpus does not exceed Rs 8 lakh.
  
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• Stranded! How H-1B backlogs are creating cross-border tax compliance risks for professionals

  11-02-2026 13:31 via timesofindia.indiatimes.com
  
  From a US perspective, many H-1B holders remain US Tax residents under the substantial presence test despite prolonged physical absence, particularly where the absence is involuntary and the intent to return to USA is clear.
  
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• Mahindra announces doorstep service for its EVs in THIS city - Details

  11-02-2026 12:54 via zeenews.india.com
  Mahindra has taken a big step to improve aftersales service experience for its EV customers in Delhi-NCR.
  
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• India-US interim trade agreement expected to be signed by March: Commerce Secretary

  11-02-2026 12:26 via zeenews.india.com
  The Commerce Secretary expressed cautious optimism about the timeline while acknowledging potential challenges. "We expect that before the end of March, we should be able to finalise and sign the legal agreement.
  
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• Beyond Silicon Valley: India and UAE are building a new AI model

  11-02-2026 12:10 via timesofindia.indiatimes.com
  
  India and the UAE are forging a powerful AI alliance in 2026, prioritising human-centric development for social welfare and equitable growth. The strategic partnership focuses on shared values. It aims to leverage AI for societal benefit through joint infrastructure, workforce development and ethical governance frameworks to set a global precedent.
  
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• More US, Venezuelan crude to flow into India? Refiners asked to prioritize these oil grades; economic viability in doubt

  11-02-2026 12:02 via timesofindia.indiatimes.com
  
  Practical constraints limit the scale at which Indian refiners can replace existing supplies with oil from the United States or Venezuela. US crude is typically light and sweet, meaning it has lower sulphur content, while many Indian refineries are configured to process medium-grade crude.
  
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• Bank Holiday 12 February 2026: Are banks closed tomorrow on account of Bharat Bandh? check what SBI, BoB have said

  11-02-2026 10:49 via zeenews.india.com
  In  a stock market filing, SBI and Bank of Baroda have acknowledged that they have got notice from bank unions regarding the nationwide strike on Thursday 12 February, 2026.
  
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• Over 24.6 lakh ITRs pending beyond 90 days out of 8.8 Crore filed for AY 2025–26

  11-02-2026 10:11 via zeenews.india.com
  Minister of State for Finance Pankaj Chaudhary informed lawmakers that 24,64,044 returns are still awaiting processing, which has delayed refunds for many taxpayers.
   
  
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• Should you buy Hyundai Venue? Check top 8 pros and 5 cons

  11-02-2026 09:52 via zeenews.india.com
  The Hyundai Venue has always been seen as "baby Creta". Now, in its second generation, it feels more grown-up than ever. It looks sharper, it is slightly bigger, and it comes loaded with more features than before.
  
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• Union Budget 2026-27: Infrastructure-led growth to strengthen real estate sector outlook

  11-02-2026 09:49 via timesofindia.indiatimes.com
  
  Tax compliance has been eased for resident buyers purchasing immovable property from non‑residents. The removal of the requirement to obtain a TAN, allowing TDS deposits through the buyer’s PAN, streamlines cross‑border transactions and reduces administrative friction.
  
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• Bank strike on February 12: Will banks remain open or closed tomorrow? Why bank unions are striking

  11-02-2026 09:47 via timesofindia.indiatimes.com
  
  Bank unions across India have announced a nationwide strike on February 12, protesting the government's new Labour Codes.Customers face uncertainty as major banks warn of potential operational disruptions, though they are making arrangements for smooth functioning. Unions also advocate for improved work-life balance and a five-day work week.
  
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• Trump’s zero tariff on Bangladesh textiles: No reason for India to worry? Why exports are unlikely to rise much

  11-02-2026 09:15 via timesofindia.indiatimes.com
  
  Since the European Union accounts for nearly two-thirds of Bangladesh’s garment exports and already provides unconditional duty-free access, the incentive to reorganise supply chains mainly to serve the US market remains limited.
  
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• Local dry cleaner couple earns Rs 2 lakh/month, shares woman; viral post shocks internet

  11-02-2026 08:53 via zeenews.india.com
  A woman has shared on X regarding the whopping earning of a local dry cleaning couple.
  
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• New tax rule: Form 128 to replace Form 13 for nil or lower TDS certificate under Income Tax Act 2025

  11-02-2026 08:46 via zeenews.india.com
  The updated system introduces Form 128, which taxpayers can use to request a certificate allowing TDS to be deducted at a reduced rate or not deducted at all for a specified period.
  
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• Bank strike on Feb 12: Will your banking services be hit tomorrow?

  11-02-2026 08:11 via zeenews.india.com
  The strike is expected to involve participation from major banking organisations such as the All India Bank Employees’ Association (AIBEA), All India Bank Officers’ Association (AIBOA), and the Bank Employees Federation of India (BEFI), which are joining a broader protest led by trade unions across sectors.
   
  
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• UAE drops corporate tax for sports bodies under new law: Here’s who qualifies

  11-02-2026 07:42 via timesofindia.indiatimes.com
  
  The United Arab Emirates Ministry of Finance has introduced a new corporate tax exemption for non-commercial sports organisations. This policy aims to boost the UAE's sports sector and strengthen its global standing. Qualifying entities must be officially recognised and strictly non-commercial. The move is expected to encourage investment and growth within the sports ecosystem, supporting talent development and international partnerships.
  
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• Tata Sales Boom: 70,222 units in January 2026 - Nexon, Punch and Sierra led the charge

  11-02-2026 07:20 via zeenews.india.com
  Tata Car Sales: Tata Motors Passenger Vehicles started 2026 on a strong note. In January 2026, the company recorded total domestic wholesales of 70,222 units. This is a solid 46.07 percent growth compared to 48,075 units sold in January 2025.
  
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• Gold price prediction today: Will the gold price rally sustain? Here’s the outlook

  11-02-2026 07:04 via timesofindia.indiatimes.com
  
  Gold price prediction today: Gold prices are extending their rally this week, and remain well supported in the long term, says Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers. The expert lists out the top factors that will decide direction of gold prices in the coming days:
  
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• Bhel shares plunge 6%! Why is the stock falling after Rs 4,422 crore OFS opens for subscription?

  11-02-2026 06:53 via timesofindia.indiatimes.com
  
  BHEL shares dipped as the government launched an Offer for Sale, aiming to divest up to 5% stake and raise approximately Rs 4,422 crore. The floor price is set at Rs 254 per share. This move follows BHEL's impressive Q3 results, which saw a 206% surge in net profit, driven by enhanced execution and revenue growth.
  
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• India's longest-range electric car: 850+ range, 10-80% charge in 31 mins, 56-inch screen, ADAS, 360-degree camera and whatnot - Priced at Rs...

  11-02-2026 06:50 via zeenews.india.com
  India's longest-range electric car: The Mercedes-Benz EQS 580 has the longest driving range in India, with an ARAI-claimed range of around 850 km on a single charge.
  
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• India's longest-range electric car: 850+ range, 10-80% charge in 31 mins, 56-inch screen, ADAS, 360-degree camera and whatnot - Priced at Rs...

  11-02-2026 06:50 via zeenews.india.com
  India's longest-range electric car: The Mercedes-Benz EQS 580 has the longest driving range in India, with an ARAI-claimed range of around 850 km on a single charge.
  
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• Nifty, Sensex open flat in green, analysts expect range-bound movement in absence of fresh triggers

  11-02-2026 06:07 via zeenews.india.com
  The Nifty 50 index opened at 25,997.45, gaining 62.30 points or 0.24 per cent. The BSE Sensex began the session at 84,339.15, up by 65.23 points or 0.08 per cent.
  
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• India's rare earth metals corridor positive, impact to be seen over long term: BMW India CEO

  11-02-2026 05:41 via zeenews.india.com
  India's plan to develop a rare earth metals corridor spanning seven states is a positive step for the electric vehicle ecosystem, but its impact will be visible only over the long term as the initiative moves from announcement to execution, Hardeep Brar, President and Chief Executive Officer of BMW Group India, said on Tuesday.
  
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• India's rare earth metals corridor positive, impact to be seen over long term: BMW India CEO

  11-02-2026 05:41 via zeenews.india.com
  India's plan to develop a rare earth metals corridor spanning seven states is a positive step for the electric vehicle ecosystem, but its impact will be visible only over the long term as the initiative moves from announcement to execution, Hardeep Brar, President and Chief Executive Officer of BMW Group India, said on Tuesday.
  
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• Rupee today: Currency dips 6 paise to 90.62 against US dollar

  11-02-2026 05:33 via timesofindia.indiatimes.com
  
  The Indian rupee opened weaker against the US dollar on Wednesday, trading at 90.62 due to global geopolitical tensions and import demand. Despite a slight dip in the dollar index, rising oil prices are expected to pressure the rupee further. Meanwhile, Indian stock markets showed a positive start, with the Sensex and Nifty gaining points.
  
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• Asian stocks today: Markets inch higher ahead of US economic and job data; Nikkei up 2%, HSI adds 97 points

  11-02-2026 05:11 via timesofindia.indiatimes.com
  
  Asian markets showed gains Wednesday, with Hong Kong, South Korea, and Japan trading higher. Investors are weighing weak US consumer data and economic concerns against potential Federal Reserve rate cuts.Technology stocks faced pressure globally due to high valuations and AI investment worries, as traders await crucial US jobs and inflation figures.
  
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