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Budget 2026 expectations: Deloitte calls for customs duty overhaul; seeks higher allocations for exports

Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at…

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Liquidnitro Games raises $19.1 million, led by Northpoint

Liquidnitro Games raises $19.1 million, led by Northpoint BENGALURU: Liquidnitro Games has raised $19.1 million in a Series A funding round led by Northpoint Capital, with participation from existing investor Nexus Venture Partners, as the game production and live services company looks to scale its AI-enabled development operations and expand globally.The company said the capital…

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Budget 2026: COAI seeks cut in telecom licence fee; flags GST burden and ITC pile-up

File photo (Picture credit: ANI) India’s telecom industry body COAI has asked the government to reduce regulatory levies and ease Goods and Services Tax (GST) norms in the upcoming Union Budget, arguing that high statutory payments continue to strain the sector’s finances.The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel…

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WEF Davos 2026: Donald Trump to attend summit with largest-ever US delegation; strong Indian side also expected

World Economic Forum 2026 US President Donald Trump will attend the World Economic Forum (WEF) Annual Meeting in Davos later this month, accompanied by at least five Cabinet members, as global leaders gather against the backdrop of rising geopolitical tensions and economic uncertainty. The five-day summit will begin on January 18 in the Swiss ski…

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US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why

AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are…

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India-EU FTA soon? Why the trade deal is important and which sectors will it benefit? Explained

Piyush Goyal holds talks with EU Commissioner Maros Sefcovic on India-EU FTA negotiations (ANI image) India and the European Union are in the final stages of negotiating a long-pending free trade agreement (FTA). The deal could significantly boost India’s exports to the 27-nation bloc and deepen economic ties amid global trade disruptions.If signed, the India-EU…

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Russian oil trade: India slips to third-largest buyer in December; imports fall after refinery cuts

India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…

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Gig worker safety row: Blinkit drops ‘10-minute’ delivery claim after labour ministry flags concerns; Zepto, Swiggy may follow

Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…

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