The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to a report by Bank of Baroda.
"President Trump has yet again said that he has been assured by his good friend that India will cut back on its imports of oil from Russia. But that good friend suddenly becomes a Mauni Baba whenever President Trump says he stopped Operation Sindoor and now when he says that India will re
Earlier, Trump, during a media interaction in Washington, said Prime Minister Narendra Modi had assured him that India would stop purchasing oil from Russia, describing it as "a big step" in efforts to increase global pressure on Moscow.
US President Donald Trump praised PM Modi as a "great man" and said India will soon stop buying oil from Russia. He expressed hope that India's decision would aid peace efforts in Ukraine and highlighted his strong rapport with PM Modi during a joint briefing at the White House.
The 14th round of negotiations for India-EU FTA, held from October 6 to 10, 2025, in Brussels, covered 12 policy areas and 91 technical sessions. Discussions centred on market access for goods and services, Rules of Origin, Sanitary and Phytosanitary (SPS) measures, and Technical Barriers to
In an official release, the Department of Posts of the Ministry of Communications said that the move follows the successful implementation of a new Delivery Duty Paid (DDP) mechanism to comply with updated regulations issued by US Customs and Border Protection (CBP).
Indian stock market opened in the positive territory on Tuesday, though investors remained cautious as the India-US trade deal continues to progress with talks moving ahead.
Indian Ambassador Vinay Mohan Kwatra met US Senator Tammy Duckworth to discuss India-US cooperation in trade, energy, legal mobility, and defence. They also exchanged views on oil, gas, and biofuel collaboration under the broader energy partnership framework.