business

GST cut on health, term insurance on the cards

Government mulls scrapping 18% levy or reducing it to 5%; move could slash premiums, boost coverage and widen insurance reach.

Trump tariffs could shave 50 bps off India’s growth, worsen jobless recovery, says former RBI governor

Surat diamond hub faces US tariff blow as exports and jobs hang in balance

US tariffs on India may widen India–China stock gap, heighten export risks

Tamil Nadu’s textile hubs reel as US slaps 50% tariff, exporters fear ‘de facto embargo’

Orders stall, rivals swoop in, and over 2 lakh jobs could be at risk if crisis deepens.

India weighs duty-free US cotton, limited farm quotas as trade tensions flare

With tariffs deepening rift over Russian oil, New Delhi explores concessions to salvage key deal amid growing industry unease and fragile export margins.

Apple’s $100 billion US manufacturing surge puts India’s iPhone ambitions at risk

As Apple ramps up domestic production with its American manufacturing program, India — a key iPhone exporter — braces for ripple effects amid rising tariffs and shifting global supply chains.

Trump’s new 50% tariff on Indian goods takes effect under wider global trade overhaul

India faces one of the highest surcharges among over 90 countries affected by the US’s new tariff regime, with the added duty linked to its discounted oil imports from Russia.

Reserve Bank of India Governor Sanjay Malhotra

RBI holds repo rate at 5.5%, signals pause as global risks grow

Citing inflation volatility, trade tensions, and ongoing rate transmission, Reserve Bank of India opts for a wait-and-watch approach with neutral stance intact.