India-US trade talks set for Jan 13; India to join US-led Pax Silica next month, says ambassador Sergio Gor

US Ambassador Sergio Gor took charge in Delhi, saying India and the US remain actively engaged on trade talks, with the next call expected soon.   Newly appointed US Ambassador Sergio Gor said India and the US remain actively engaged on trade, with the next round of talks expected shortly. US Ambassador to India Sergio…

After IndiGo crisis, Centre clears two new airlines to lift competition

The Centre has granted NOCs to two new airlines amid efforts to boost competition and avoid repeat disruptions following the cancellation of over 4,000 IndiGo flights earlier this month As the Indian aviation industry recovers from the recent IndiGo crisis, Civil Aviation Minister Ram Mohan Naidu on Tuesday said the government has cleared the way…

Maruti Suzuki plans phased localisation of EV components in next few years

  The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment   Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…

Sebi signals more relaxations to ease onboarding of foreign investors

The Securities and Exchange Board of India (Sebi) is planning further relaxations to make the registration process easier for foreign portfolio investors (FPIs), including a common know-your-client (KYC) framework and smoother documentation through India Digital Signature.   Over the past year, the market regulator has introduced several measures to ease FPI onboarding, including relaxations for…

Amid Trump’s tariff offensive, PM Modi and EU leaders push for swift India-EU FTA conclusion

They also welcomed the progress in bilateral relations in key sectors, including trade, technology, investment, innovation, sustainability, defence, security, and supply chain resilience.   Prime Minister Narendra Modi on Thursday held a joint telephonic call with Antonio Costa, the President of the European Council, and Ursula von der Leyen, the President of the European Commission. In…

Market crash: 4 reasons why smallcap and midcap stocks may see more pain ahead

Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market.   Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…