News
U.S. trade partners cautiously welcome tariff ruling
1+ hour, 59+ min ago (526+ words) Updated - February 21, 2026 07:02 am IST - Washington U.S. trading partners on Friday (February 20,2026) cautiously welcomed a Supreme Court ruling striking down U.S. President Donald Trump's sweeping global tariffs, with hard-hit Canada saying the levies were always "unjustified." But soon after the decision was announced,…...
India updates base year for merchandise trade indices to 2022–23
12+ hour, 40+ min ago (404+ words) Published - February 20, 2026 07:50 pm IST - New Delhi The Commerce Ministry on Friday (February 20, 2026) said the base year of India's merchandise trade Indices has been revised from 201213 to 202223 to reflect structural changes in the economy, shifts in commodity composition, evolving trade patterns…...
Excess supply triggers crash in prices of shallot in Tiruchi market
14+ hour, 49+ min ago (288+ words) Published - February 20, 2026 05:41 pm IST - TIRUCHI Prices of shallot (small onions) have crashed in Tiruchi because of heavy arrivals from across Tamil Nadu and Karnataka. One kg of high quality (export) shallot was sold at "25 a kg on Friday by the…...
A budgetary signal as banks cannot bear it all
4+ day, 13+ hour ago (232+ words) This gap matters because economies do not stop needing long-term finance simply because markets are missing. When bond markets are shallow, someone else must step in. In India, that "someone" has been banks. Today, banks carry roughly 60%-65% of all non-financial…...
Wholesale price inflation rises in January
4+ day, 23+ hour ago (291+ words) Updated - February 16, 2026 02:28 pm IST - New Delhi Wholesale price inflation extended upward momentum for the third straight month, at 1.81% in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed…...
IOB unveils 444-day term deposit scheme with higher interest rates
6+ day, 11+ hour ago (171+ words) Published - February 14, 2026 09:20 pm IST - MUMBAI Indian Overseas Bank (IOB) of the public sector has announced the introduction of a new 444-day Non-Callable Retail Term Deposit scheme offering higher interest rates for general public and senior citizens. As deliberated in the…...
Budget takes balanced approach to welfare, development: CII-AP
6+ day, 17+ hour ago (292+ words) Published - February 14, 2026 08:04 pm IST - VIJAYAWADA The Confederation of Indian Industry (CII-Andhra Pradesh) praised the Budget presented by Minister for Finance Payyavula Keshav in the Assembly on Saturday (February 14), saying that it took a balanced approach to fulfilling welfare commitments and…...
Government treading a fiscal tightrope
6+ day, 17+ hour ago (284+ words) Published - February 14, 2026 07:46 pm IST - VIJAYAWADA Presenting the 202627 Budget, Finance Minister Payyavula Keshav on Saturday outlined a fiscal roadmap that reflects continued structural strain, with deficits narrowing on paper, but debt servicing exerting sustained pressure on the State's finances. The revenue…...
Increasing reliance on off-budget borrowings casts a shadow
6+ day, 18+ hour ago (318+ words) Published - February 14, 2026 07:25 pm IST - VIJAYAWADA Andhra Pradesh Finance Minister Payyavula Keshav presenting the Budget for 202627 in the Legislative Assembly on Saturday. The Budget for the financial year 2026-27 reveals that Andhra Pradesh is navigating a complex financial landscape. The government seems…...
A.P.’s public debt to reach ₹7.11 lakh crore in 2026–27; GSDP ratio steady at 36%
6+ day, 18+ hour ago (281+ words) Published - February 14, 2026 06:41 pm IST - VIJAYAWADA The public debt profile of Andhra Pradesh from the 2020-21 fiscal year through the 2026-27 budget estimates reflects a period of significant growth in absolute terms, while maintaining a relatively stable relationship with the Gross State Domestic…...