Economy News ( English version)

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  • Indian envoy sought tariff relief over reduced Russian oil purchases, US Senator Lindsey Graham claims January 5, 2026
    US Senator Lindsey Graham said Indian Ambassador to the United States Vinay Mohan Kwatra told him last month that India was buying less Russian oil and urged him to ask President Donald Trump to ease a 25% tariff. Speaking aboard Air Force One, Graham said the issue dominated their discussion.
  • US could raise tariffs on India if they don't help on Russian oil issue: Trump January 5, 2026
    US President Donald Trump said Washington could raise tariffs on Indian goods if New Delhi does not address US concerns over India’s purchases of Russian oil. India became the largest buyer of discounted Russian seaborne crude after the Ukraine war began in 2022, drawing criticism from Western nations that say the trade supports Moscow’s war effort.
  • India Budget 2026: Schemes on cards to give women more financial muscle January 5, 2026
    Union Budget: Customised credit cards, loan products and women-focused insurance plans may be key announcements as the government is looking to build on the measures unveiled in the FY26 budget, including the Grameen Credit Score and credit support for first-time entrepreneurs.
  • 'Khelega India!': Sports, fitness may soon be part of skills training January 4, 2026
    India is integrating sports and fitness into its skill training programs, aiming to enhance trainees' physical resilience and provide a potential second income. This initiative, inspired by Prime Minister Modi's vision, will include mandatory yoga and self-defense training at skill institutes, with certification opportunities. The government also p […]
  • India mulls tax exemption for sovereign wealth funds’ equity gains amid heavy foreign outflows January 4, 2026
    India may exempt Sovereign Wealth Funds and patient capital from taxes on Indian stock market earnings. This proposal aims to attract stable foreign investment following significant sell-offs by foreign fund managers. The government is examining extending these benefits to other long-term investors like pension funds. Such a move could boost capital inflows […]

 

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