Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.
India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.
"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'
Bharatiya Janata Party President Nitin Nabin has made his first significant mark on the BJP's national apparatus with a major organisational reshuffle, bringing back key figures like Smriti Irani and Ram Madhav while removing Nadda-era functionaries, signalling a strategic move ahead of crucial state elections.
India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
India's exports increased by 15.5 per cent to USD 40.41 billion in June, but the trade deficit significantly widened to a record USD 30.43 billion due to a 31 per cent surge in imports.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Ten days after the expansion of the BJP government's cabinet in West Bengal, key portfolios have been allocated, with senior leader Tapas Roy taking charge of industries and journalist-turned-politician Swapan Dasgupta appointed finance minister.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
Counting of votes is underway for municipal corporations in Ambala, Panchkula, Sonipat, and other civic bodies in Haryana. Polling was held on Sunday for mayor and ward councillor elections.
Gaya native Shubham Kumar topped the JEE exam by avoiding negative news and social media. He credited his parents, Kota faculties and hard work for his success. Gurugram's Kabeer Chillar secured the second rank. Both students attended the Allen Career Institute in Kota.
Polling is underway for local body elections in Haryana, including municipal corporations of Ambala, Panchkula, and Sonipat. An average voter turnout of 25 per cent was recorded till 1 pm. The main contest is expected between the Congress and the ruling BJP.
A preliminary investigation into the Vedanta power plant explosion in Chhattisgarh points to excessive fuel accumulation as the primary cause, leading to a deadly pressure build-up.
An operating theatre technician, Mudassar Ali, wanted in connection with an illegal kidney transplant racket in Kanpur, India, has surrendered to the court. He is accused of posing as a doctor and performing key surgical procedures in the illicit operations.
Local body elections in Haryana, including municipal corporations of Ambala, Panchkula, and Sonipat, saw a 54.5 per cent voter turnout. Polling was held for mayor and ward councillor posts, with key contestants from BJP and Congress. The votes will be counted on May 13.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Police in Uttar Pradesh have detained another person in connection with a kidney transplant racket, revealing possible international links and involving unqualified practitioners across multiple towns. The investigation has led to several arrests and the shutdown of a hospital.
Uttar Pradesh Police have detained another person in connection with a kidney transplant racket, revealing a network with possible international connections and involving unqualified practitioners. The investigation spans multiple states and involves foreign nationals.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.
Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.
Uttar Pradesh Police have dismantled an illegal kidney transplant racket operating in Kanpur, arresting five doctors and the alleged ringleader. The investigation revealed a network exploiting vulnerable individuals for profit, with potential links to other major cities and even international connections.
Maharashtra minister's announcement regarding the disbursement of financial aid under the Ladki Bahin Yojana before Makar Sankranti has triggered a controversy, with the Opposition alleging a violation of the Model Code of Conduct ahead of municipal elections. The State Election Commission has sought a report on the matter.
The ongoing conflict in West Asia is severely disrupting Bikaner's food exports, causing delays, rising costs, and impacting the supply of popular snacks like bhujia and papad to Gulf and European markets.
Police in Kanpur, Uttar Pradesh, have identified additional suspects in an illegal kidney transplant racket involving multiple private hospitals, following the arrest of five doctors and the alleged kingpin.
The State Election Commission (SEC) has barred the Maharashtra government from releasing the January instalment of the 'Ladki Bahin' scheme in advance, citing the enforcement of the model code of conduct for municipal elections. The decision follows complaints about the timing of the release, coinciding with upcoming municipal elections.
The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.
'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'
The commerce ministry on Tuesday said the discussions with visiting US Chief Negotiator Brendan Lynch on the proposed bilateral trade agreement were positive and forward looking.
Trump administration's chief negotiator Brendan Lynch is arriving in India to hold talks on the India-US bilateral trade deal, which were impacted after the US imposed 50 per cent import tariffs on Indian goods.
The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.
Karnataka on shaky ground against Punjab despite Rahul's fifty; Desai puts Saurashtra on cusp of win
United States President Donald Trump said a 'very big' trade deal is on cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries.
From drone-lit skies and gemstone rangolis to fragrance journeys and theatrical thalis, India's new-age festive events blend heritage with high-tech spectacle to create memories that feel both intimate and unforgettable.
The Bharatiya Janata Party-backed Samajwadi Party rebel candidate Nitin Agarwal was elected deputy speaker of the Uttar Pradesh assembly on Monday, defeating Narendra Verma, the official candidate of Akhilesh Yadav's party, by 244 votes.
Mumbai were bowled out for 181 in their second innings, setting J&K 243 runs to win the season-opening match.
