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EU deal drove US to sign deal with India, Modi-Trump friendship helped: Mark Mobius

Feb 4, 2026

New Delhi, Feb 4 (IANS) Billionaire investor Mark Mobius said on Wednesday that India’s recent trade engagement with the European Union played a key role in pushing the United States to speed up its own deal with India. While he believes friendly ties between Prime Minister Narendra Modi and US President Donald Trump helped, Mobius made it clear…

India joins BRICS Centre for industrial competencies to boost MSMEs

Feb 4, 2026

New Delhi, Feb 4 (IANS) India has joined the BRICS Centre for Industrial Competencies (BCIC) at an event organised by the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) in the national capital, according to an…

Business

Wait for fine print on US trade deal, India well placed: Report

Feb 4, 2026

New Delhi, Feb 4 (IANS) History shows trade announcements by US President Donald Trump often evolve through revisions and reinterpretations, a report has said, adding that the Indian government has neither confirmed stopping purchase of…

Business

Foreign firms to meet 4 essential conditions to qualify for tax holiday benefits

Feb 4, 2026

New Delhi, Feb 4 (IANS) As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four essential conditions for foreign firms to meet to become applicable for the…

Business

India Services PMI rebounds to 58.5 in Jan, hiring resumes over robust outlook

Feb 4, 2026

New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December's 58.0, noting quicker expansions in new business intakes and output, the S&P Global data…

Business

Budget 2026-27 prioritises durable growth over short-term appeasement: Report

Feb 4, 2026

New Delhi, Feb 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.The report from PL Wealth, the wealth management arm of PL…

Business

Andhra Pradesh CM welcomes zero excise duty on unbranded raw tobacco

Feb 4, 2026

Amaravati, Feb 4 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Wednesday welcomed the Central Government's decision to reduce the excise duty on unbranded raw tobacco products to zero.He said that the move will benefit the…

Business

Hyundai Motor, Kia post record Jan sales in US on SUV, hybrid demand

Feb 4, 2026

Seoul, Feb 4 (IANS) Hyundai Motor and Kia reported record vehicle sales for January in the United States, driven by strong demand for sport utility vehicles (SUVs) and hybrid models, the automakers said on Wednesday.The two automakers sold…

Business

Musk’s net worth soars past $800 billion after SpaceX‑xAI deal

Feb 4, 2026

New Delhi, Feb 4 (IANS) US entrepreneur Elon Musk’s net worth surged past the $800 billion mark after SpaceX acquired his artificial‑intelligence firm xAI, making him the richest person in history by a wide margin.Musk's net worth reached…

Business

After Budget and India-US trade deal, all eyes on RBI’s repo rate decision

Feb 4, 2026

New Delhi, Feb 4 (IANS) After the Union Budget 2026 and the historic India-US trade deal, all eyes are now on the three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting that begins from Wednesday, with the key repo…

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