Economy news

• New 2026 Tata Punch Launched At Rs 5.59 Lakh: Segment's Most Powerful Engine, 5-Star Safety, 360 Degree Camera, Sunroof, CNG With AMT & More

  13-01-2026 08:37 via zeenews.india.com
  2026 Tata Punch: Tata Motors has launched the new Punch 2026 facelift in India at a starting price of Rs 5.59 lakh (introductory, ex-showroom).
  
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• ‘Historically new level’: US cuts tariffs on Bangladeshi goods to 19% under new trade deal

  10-02-2026 02:49 via timesofindia.indiatimes.com
  
  The United States and Bangladesh have inked a new trade pact, lowering tariffs on Bangladeshi exports to the US to 19%. This agreement, hailed as a significant step, also introduces zero reciprocal tariffs for specific textile and apparel shipments made with US cotton and man-made fibers.
  
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• Industry split, govt reviews import policy on refurbished med devices

  10-02-2026 00:26 via timesofindia.indiatimes.com
  
  India's push for trade agreements has ignited a debate over importing refurbished medical equipment. Domestic players warn of patient safety risks and unfair competition, while MNCs advocate for a globally aligned framework with stringent oversight. The health ministry's committee to frame a policy has intensified industry concerns, particularly amid India-US trade talks.
  
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• New Tamil Nadu plant to power JLR's ambitions in India

  09-02-2026 23:55 via timesofindia.indiatimes.com
  
  Tata Motors and Jaguar Land Rover have inaugurated a new greenfield facility in Tamil Nadu, set to become a key assembly hub for JLR vehicles, including electric models. This Rs 9,000 crore investment aims to scale production to 2.
  
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• Proxy advisory firm flags 'crisis' at Zee Ent, co rejects claims

  09-02-2026 23:51 via timesofindia.indiatimes.com
  
  Shareholder advisory firm InGovern has urged Zee Entertainment to appoint a professional MD and conduct a forensic audit of related-party transactions, citing a governance vacuum. Despite promoters holding less than 4% equity, they maintain operational control, a situation InGovern deems a crisis of confidence. Zee has refuted the allegations as factually incorrect and misleading.
  
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• As Centaur awaits end, Leela takes over Srinagar property

  09-02-2026 23:44 via timesofindia.indiatimes.com
  
  The Centaur Srinagar, one of the last two Centaur Hotels, has been taken over by The Leela Palaces, Hotels and Resorts for a 60-year lease. Leela is investing Rs 300 crore in a major renovation, aiming to reopen the property with 170 larger rooms and branded houseboats by the end of next year.
  
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• Coforge, Persistent outperform mid-tier peers amid slowdown

  09-02-2026 23:36 via timesofindia.indiatimes.com
  
  Coforge and Persistent Systems are bucking a trend of slowing growth in mid-tier IT, reporting robust double-digit revenue increases. While others like Tata Technologies and Cyient face headwinds from industry slowdowns and delayed R&D, Coforge leverages BFSI strength and acquisitions, and Persistent benefits from AI investments and product engineering. This divergence highlights strategic agility in the competitive IT landscape.
  
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• Fewer forms & filings: New I-T law to ease compliance load

  09-02-2026 23:33 via timesofindia.indiatimes.com
  
  New income tax rules aim to simplify compliance by reducing forms and declarations, especially for seniors over 75 who may no longer need to file returns. The changes also significantly cut down on non-PAN declarations and speed up PAN issuance. Transaction limits for quoting PAN have been raised for cash deposits, vehicle purchases, and property transactions.
  
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• Starbucks' cold brews ride the protein wave

  09-02-2026 23:28 via timesofindia.indiatimes.com
  
  Brands are introducing protein-rich products to meet growing health consciousness in India. Starbucks now offers protein-infused cold foam for iced drinks. This move aims to integrate wellness into daily routines. A standard iced coffee already contains significant protein, and the added foam boosts it further. Starbucks is also providing zero-sugar options. This trend targets health-aware consumers who value their lifestyle.
  
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• Govt must monitor unfairly priced steel imports, says Tata Steel CEO TV Narendran

  09-02-2026 20:12 via timesofindia.indiatimes.com
  
  Tata Steel expects domestic steel prices to rise this quarter, while its CFO highlights margin protection amidst a challenging year. The EU's carbon border tax is seen as a positive for Tata Steel's European operations, leveling the playing field for carbon costs.
  
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• India adopts quota-based auto duty cuts, alcohol tariff relief under US pact; export access widens

  09-02-2026 17:37 via timesofindia.indiatimes.com
  
  India will grant duty concessions on automobiles and offer market access for alcoholic beverages under a trade pact with the US. Tariffs on $30.94 billion of Indian exports will be reduced, with reciprocal tariffs on $10.03 billion eliminated, significantly boosting price competitiveness.
  
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• ‘Remember Trump was right…’: US President cheers Dow Jones at record high; sees index doubling to 100,000 on ‘great tariffs’

  09-02-2026 17:01 via timesofindia.indiatimes.com
  
  Trump has repeatedly argued that his tariff policies have helped rebalance global trade, contributed to international stability, and boosted economic prosperity in the United States through increased revenue from abroad.
  
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• 8th Pay Commission: Who can give feedback & by when as website goes live? Check details

  09-02-2026 16:15 via timesofindia.indiatimes.com
  
  The 8th Pay Commission was first announced in January 2025, and it was formally notified later through a Ministry of Finance notification issued on November 3, 2025.
  
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• Trump executive order: Will India’s imports of Russian crude oil drop significantly? ‘Will maintain multiple…’

  09-02-2026 14:58 via timesofindia.indiatimes.com
  
  On its part the Trump administration has claimed that India has committed to ending both direct and indirect imports of oil from the Russian Federation. The executive order by Trump says that the tariffs on Indian exports to the US could be increased if such crude imports resume.
  
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• Gross NPAs of Scheduled Commercial Banks for domestic operations reach historic low of 2.15% as of September 2025

  09-02-2026 14:18 via zeenews.india.com
  They were at a historic low of 2.15 per cent as at the end of September 2025 (provisional data), which is lower than 2010-11 level, Minister of State in the Ministry of Finance Pankaj Chaudhary in a written reply to a question in Lok Sabha said on Monday.
   
  
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• PSB earnings surge: Public sector banks post Rs 52,603 crore Q3 profit; SBI leads record growth

  09-02-2026 13:50 via timesofindia.indiatimes.com
  
  Public sector banks achieved a record profit of over Rs 52,000 crore in the third quarter. This marks an 18 percent increase year-on-year. State Bank of India led the performance, contributing significantly to the overall earnings. Several other banks also reported strong profit growth. The aggregate profit for the nine months crossed Rs 1.45 lakh crore.
  
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• EPFO May Introduce Performance-Linked Incentives for Fund Managers to Boost PF Returns

  09-02-2026 13:08 via zeenews.india.com
  Under the plan being considered, fund managers who deliver better investment performance could receive larger allocations of funds, encouraging stronger results in portfolio management.
  
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• Equity markets rally to start week, Sensex climbs 485 points

  09-02-2026 12:25 via zeenews.india.com
  The BSE Sensex ended the session at 84,065.75, gaining 485.35 points (0.58 percent), while the NSE Nifty closed at 25,867.30, up 173.60 points (0.68 percent).
   
  
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• Good news for auto loan borrowers! Bank of Baroda reduces car loan interest rates to 7.60%

  09-02-2026 11:31 via zeenews.india.com
  Bank of Baroda's floating rate now starts from 7.60% p.a, down from 7.90% p.a. 
  
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• Budget 2026: Strengthening farm incomes through smarter price risk management

  09-02-2026 11:24 via timesofindia.indiatimes.com
  
  The recent India–US trade engagement signals deeper agricultural trade integration ahead. As markets open further, Indian farmers will be more exposed to global price movements — both opportunities and risks.
  
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• IT stocks crash! Rs 2.5 lakh crore erased in 3 Days — What should investors do?

  09-02-2026 10:43 via timesofindia.indiatimes.com
  
  Indian IT shares have plummeted, losing Rs 2.5 lakh crore as AI automation threatens traditional outsourcing. New tools from Anthropic and Palantir, capable of rapid SAP migrations, have spooked investors. Analysts predict a significant revenue hit, though historical disruptions have ultimately spurred industry growth. Investors are now cautiously assessing the sector's AI-driven future.
  
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• IT stock crash! Rs 2.5 lakh crore erased in 3 Days — What should investors do?

  09-02-2026 10:43 via timesofindia.indiatimes.com
  
  Indian IT shares have plummeted, losing Rs 2.5 lakh crore as AI automation threatens traditional outsourcing. New tools from Anthropic and Palantir, capable of rapid SAP migrations, have spooked investors. Analysts predict a significant revenue hit, though historical disruptions have ultimately spurred industry growth. Investors are now cautiously assessing the sector's AI-driven future.
  
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• Vedanta Chairman Anil Agarwal calls for Oil & Gas exploration push to cut import dependence

  09-02-2026 10:40 via zeenews.india.com
  In a tweet On X (formerly Twitter) Highlighting India’s vulnerability, Agarwal said the country currently imports about 90 percent of its oil and gas needs, making energy independence a critical national priority. 
  
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• Vedanta Chairman Anil Agarwal calls for Oil & Gas exploration push to cut import dependence

  09-02-2026 10:40 via zeenews.india.com
  In a tweet On X (formerly Twitter) Highlighting India’s vulnerability, Agarwal said the country currently imports about 90 percent of its oil and gas needs, making energy independence a critical national priority. 
  
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• India adopts phased tariff cuts up to 10 years while shielding sensitive farm sectors: Centre

  09-02-2026 10:38 via timesofindia.indiatimes.com
  
  India has adopted a phased tariff reduction approach for select products under the India-US trade deal, allowing duty elimination over 10 years for some items. Highly sensitive agricultural sectors, including meat, dairy, and certain fruits and pulses, remain fully protected. This strategy aims to boost Indian exports to the US while safeguarding domestic farmers.
  
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• How Budget 2026 promotes ease of compliance for taxpayers

  09-02-2026 09:53 via timesofindia.indiatimes.com
  
  In line with expectations, the new Income Tax Act 2025, which supersedes the long-standing Act of 1961, will now be effective from 1 April 2026. The new Act was drafted with a valiant attempt at simplification of provisions by reducing jargon and using layman language instead for easier comprehension.
  
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• New I-T tax related renumbering aims to simplify compliance for taxpayers

  09-02-2026 09:41 via zeenews.india.com
  The draft rules, released with new form templates, replace legacy form numbers that evolved over decades and will reduce ambiguity and duplication in filings for taxpayers, experts said.
  
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• Gold price today: How much 24K, 22K and 18K gold costs today? Check rates for your city

  09-02-2026 09:30 via timesofindia.indiatimes.com
  
  Gold experienced significant gains on Monday, reaching Rs 1.57 lakh per 10 grams. This surge was driven by a rebound in global markets, a weaker US dollar, and increased demand for safe-haven assets. Silver also saw substantial increases in futures trading, climbing nearly 5%.
  
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• RBI Rate Pause Jolts Bond Funds: Yields spike as rate-cut hopes fade; experts see volatility ahead

  09-02-2026 09:29 via timesofindia.indiatimes.com
  
  Long-duration and gilt categories saw their gains of the past three months wiped out in a single day. Market experts now believe that India’s rate-cutting cycle is over.
  
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• 90-year-old man 'mis-sold' life insurance policy by Canara Bank branch manager; Rs 2 lakh pa premium, maturity date 2124

  09-02-2026 09:26 via zeenews.india.com
  An X post has claimed that Canara Bank branch manager sold the life insurance policy to a super-senior citizen with a premium of Rs 2 lakh per year with maturity date as 2124.
  
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