Economy News ( English version)

Ficci has urged the government to drop a proposed three-year ban preventing audit firms from offering non-audit services to former clients. It said the move would raise costs, limit expertise for large companies and force reliance on smaller audit firms.

Google has committed up to $40 billion to Anthropic, days after Amazon pledged $25 billion, confirming the Claude maker as the AI industry's most coveted startup.

A US judge has dismissed Elon Musk's fraud claims against OpenAI and Sam Altman, but his $134 billion lawsuit over breach of charitable trust heads to trial Monday.

The 6.5-km- tunnel, which ensures uninterrupted military logistics and year-round civilian access to Ladakh by bypassing an avalanche-prone stretch, was built at ₹2,400 crore and inaugurated in 2025.

Altman apologizes after OpenAI failed to alert police before Tumbler Ridge killings

As extreme weather events become more frequent and less predictable, the future of Indian agriculture will depend on how effectively it combines traditional wisdom with technological innovation.

The lines between economics and strategy have blurred, as highlighted in CUTS International's geoeconomic webinar. Experts discussed how trade policies, power agreements, and chip plants are now geopolitical assets. The series aims to equip developing nations with the tools to navigate this evolving global landscape strategically.

India and New Zealand are set to sign a Free Trade Agreement (FTA) on April 27, 2026, marking a major step in strengthening bilateral economic relations. Union Commerce and Industry Minister Piyush Goyal said the agreement will open a “new chapter” in ties between the two countries and described it as a defining moment in the partnership.

A recent CUTS International webinar under its Geoeconomic Monograph Series highlighted how global economics and geopolitics are now deeply intertwined, with experts arguing that tools like tariffs, energy deals and semiconductor production have become instruments of state power.

India's foreign exchange reserves saw a significant jump of $2.3 billion, reaching $703 billion. This increase was driven by foreign currency assets and dollar asset revaluation. Meanwhile, the Indian rupee experienced a slight dip of 14 paise against the dollar. Traders suggest the Reserve Bank of India intervened to stabilize the local currency.