Business

NEW DELHI: India is hopeful of reaching a framework trade deal with the US this year that should address the tariff issue to the benefit of Indian exporters, commerce secretary Rajesh Agrawal said here Friday. While a bilateral trade agreement (BTA) will take time, a framework trade deal will address the reciprocal tariff challenge faced…

MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next…

India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) NEW DELHI: The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories…

India is currently negotiating free trade agreements (FTAs) with a wide range of partners, including the United States and the European Union, Commerce and Industry Minister Piyush Goyal said on Friday. He said New Delhi is working closely with “trusted partners” to strengthen economic ties at a time when global trade faces rising geopolitical and…

Canada’s economy staged a stronger-than-expected recovery in the third quarter of 2025, expanding 2.6 per cent year-on-year after a contraction in the previous quarter, according to new data from Statistics Canada, AFP reported.The rebound was fuelled by an improved trade balance and higher government spending, offsetting the drag from US President Donald Trump’s trade war,…

US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above…

Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…

Black Friday no longer pulls Americans from Thanksgiving dinners for midnight mall queues, but it still draws more in-store traffic than any other day of the year — and remains the unofficial start of the US holiday shopping season.This year’s kickoff came as US consumer confidence slipped following the federal government shutdown, weak hiring and…

Finance Minister Nirmala Sitharaman on Friday said the July–September GDP growth of 8.2 per cent reflects the strength of the Indian economy and underscores the impact of reforms and fiscal consolidation.In a post on X, Sitharaman said, “Various high-frequency indicators also point to continued economic momentum and broad-based consumption growth.”Official data released earlier in the…

The Adani Group on Friday said it is targeting a consolidated debt level of Rs 1 lakh crore by 2030, stressing that its long-term growth strategy aims to minimise reliance on fresh capital raising.Speaking at the Trust Group’s 5th India Debt Capital Market Summit 2025, Adani Group CFO Jugeshinder (Robbie) Singh said the group believes…