Chennai, Feb 1 (IANS) Tamil Nadu is closely watching the Union Budget with heightened expectations on Sunday, as the State looks for fresh announcements that could accelerate infrastructure growth, strengthen its manufacturing base, and improve urban development.With the State positioned as one of India’s leading industrial and export hubs, policymakers and industry stakeholders alike are keen on budgetary support for industrial corridors, port connectivity, logistics, and large-scale urban infr…
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Mumbai, Jan 31 (IANS) Defence‑linked stocks are expected to draw investor attention during the Union Budget 2026 announcement on February 1, with market participants looking for a moderate 8 to 10 per cent rise in defence allocation and improvement in execution momentum.Analysts said that investors are keen on cues of faster order finalisation and clearer procurement timelines rather than large headline increases in defence allocations, according to media reports.The market broadly anticipates…
New Delhi, Jan 30 (IANS) India’s recent free trade agreements (FTAs) reflect a strategic shift from defensive trade policy toward a targeted, growth-driven approach, which is focused on partners where trade complementarities are already strong, logistics are efficient, and economic interests are aligned, an Australian media article said.In a decisive departure from earlier trade strategies, India is increasingly choosing partners where bilateral trade was already expanding and where agreements…
New Delhi, Jan 30 (IANS) The India-European Union free trade agreement (FTA) reflects a shared assessment that “more is at stake than trade alone” and signalled openness on negotiated terms in an era of “weaponised interdependence”, a report has said.The report from Euronews said the deal goes far beyond tariffs when “great powers are increasingly weaponising tariffs and exploiting supply-chain dependencies”.The agreement reflects the logic that “middle powers must build resilience together with…
New Delhi, Jan 29 (IANS) The Economic Survey 2025-26 paints a clear and encouraging picture of India’s economic journey, describing it as a fast-moving “Reform Express” making steady progress even as the world faces uncertainty, Prime Minister Narendra Modi said on Thursday.Prime Minister Modi said that the Survey, tabled in the Parliament earlier in the day, reflects the strength of India’s economic foundations and the government’s continuous efforts to drive growth, innovation and inclus…
New Delhi, Jan 29 (IANS) Terming the EU–India Free Trade Agreement (FTA) “historic”, Sweden’s Ambassador to India Jan Thesleff said the pact reflects strong mutual confidence between India and the European Union and will unlock significant new opportunities for Swedish companies, particularly small and medium-sized enterprises (SMEs), in India and vice versa.In an exclusive interview to IANS, Thesleff said: “This is an agreement that truly shows the confidence India places in the European Un…
New Delhi, Jan 29 (IANS) Micro, Small and Medium Enterprises form the backbone of India’s industrial economy, accounting for approximately 35.4 per cent of manufacturing, around 48.58 per cent of exports and 31.1 per cent of GDP, the government said on Thursday in Economic Survey 2025-26.Self‑Reliant India (SRI) Fund, launched to infuse Rs 50,000 crore as equity funding for MSMEs, has assisted 682 MSMEs with investments totalling Rs 15,442 crore as of November 30, 2025, according to the offi…
Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…
Mumbai, Jan 28 (IANS) Engineering and construction major Larsen & Toubro (L&T) on Wednesday reported a 4 per cent decline in its consolidated net profit to Rs 3,215 crore for the quarter ended December 31, 2025, (Q3 FY26) mainly due to a one-time exceptional expense linked to new labour laws, even as revenue and order inflows remained strong.The company said it made a one-time material provision of Rs 1,191 crore, net of tax and non-controlling interest, towards employee benefits arising…
Mumbai, Jan 28 (IANS) India’s defence tech ecosystem recorded $247 million in funding in 2025, its highest annual inflow till date despite a lower number of deals, a report said on Wednesday.The report from data intelligence platform Tracxn said total all‑time equity funding for the sector stood at $711 million across 232 rounds, and that annual funding rose from $5 million in 2016 to a peak of $247 million in 2025, the report said.The report further said that the surge was driven largely by…