Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.
As many as 17 cancer drugs, along with medicines and food for special medical needs for seven rare diseases, components for microwave ovens are some of the items that are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2026-27.
What items did Indian Finance Minister Nirmala Sitharaman make cheaper?
Speculation about rising competition from global majors has led to shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors taking a hit on the BSE.
The tariff removal will lower prices of Harley's large-displacement imported motorcycles, which retail between 14.5 lakh and 45.8 lakh but after the duty cut volumes are expected to remain modest.
For patients, the immediate impact is a reduction in the final cost of therapies that often run into lakhs per month.
Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.
'Any promotional activity carried out under the pretext of disease awareness, influencer engagement, corporate campaigns, or similar activities that create brand recall/product visibility of the prescription shall also be treated as violations.'
Amid rising tensions in West Asia, China is urging all parties to cease military operations, following Trump's appeal for help in securing the Strait of Hormuz.
The Maharashtra government has revoked provisional licences issued to motorbike aggregators like Rapido, Ola, and Uber due to non-compliance with the Maharashtra E-bike Taxi Rules 2024, including the mandatory use of electric vehicles and submission of required documents.
Acrylic nails have long had a reputation. They are glamorous, long-lasting, but notorious for making your natural nails thin, brittle and painfully sensitive.
Two foreign nationals, a Yemeni and a Palestinian, have been arrested in Hyderabad for allegedly peddling drugs. Police seized 150 grams of MDMA from the individuals, who were operating a drug distribution network between Hyderabad and Bengaluru.
Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".
Data from used-car platforms suggest that buyer preferences have remained broadly stable post-GST, with SUVs retaining their dominance even as price adjustments played out across segments.
Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.
India's gross GST collection increased by 8.1 per cent to over Rs 1.83 lakh crore in February, driven by higher import revenues and improved domestic sales. Despite some states reporting negative or below-average growth, experts see the overall trend as a sign of a maturing tax ecosystem and a confident domestic market.
'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
Abbott will exclusively distribute and market Extensior in the country, becoming the second company to secure sole distribution rights for Novo's semaglutide portfolio in India, after Emcure Pharma.
The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
Pakistan hockey captain Shakeel Ammad Butt has criticized the national federation following a problematic tour of Australia, citing issues with accommodation and team management.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
"It's easier, easier than ever now to impersonate someone, to create deep fakes, to manipulate images, to misuse personal data. And most women, unfortunately, we don't know how to fight back," says Soha Ali Khan.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout
Gross GST collections rose 6.2 per cent to a three-month high of over Rs 1.93 lakh crore in January, indicating increased consumption is making up for rate cuts late last year, sources said on Sunday.
JSW MG Motor India will launch four new models this year, and is planning to invest between 3,000 crore-4,000 crore in the country over the next couple of years. The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed.
Australian Open organizers came under fire on the Grand Slam's opening day on Sunday as frustrated fans sweated in long queues to the gates of Melbourne Park.
US Representative Greg Steube, a Republican from Florida, introduced the 'Ending Exploitative Imported Labour Exemptions Act or EXILE Act', a bill that would amend the Immigration and Nationality Act by ending the H-1B visa programme.
Technology Innovation: Sword or Plough looks at key moments in recent history, noting how key technological changes at pivotal moments had unimaginable consequences, both positive and negative. It makes for enjoyable and insightful reading.
The human cost of rat-hole mining falls disproportionately on migrant labourers.
RSS chief Mohan Bhagwat addressed concerns about population imbalance, citing religious conversion, infiltration, and low birth rates as key factors. He advocated for 'ghar wapasi' and vigilance against infiltrators, while also emphasizing the importance of family and employment.
'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source. US President Donald Trump announced overnight that the United States will cut the reciprocal tariff on imports of Indian goods to 18 per cent from 25 per cent under a broader bilateral understanding.
The GST Council on Wednesday approved two slabs of 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Prime Minister Shehbaz Sharif claims several countries are in talks with Pakistan to acquire its fighter jets following last year's conflict with India. The JF-17 Thunder is reportedly a key focus.
The initial public offering (IPO) market in India last year was hot, with companies raising over $22 billion in 2025. But half of the 350-plus companies that listed on the stock exchange last year traded below their offer price, according to a new research report released by HSBC Global Investment Research - a sobering fact despite what otherwise looked like a rush of companies eager to list on the bourses.
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
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