India–US trade deal explained: Tariffs, oil, GDP growth — What changes now? BofA answers key FAQs

India-US trade deal: After months of uncertainty, the India–US trade impasse has eased following an announcement by the White House in early February to significantly reduce tariffs on Indian exports. The move follows sharp tariff hikes imposed in August 2025, including penalties linked to India’s imports of Russian crude oil. According to brokerage house BofA…

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Budget 2026: Tax relief, import duty review to skilling support: Jewelery sector’s wish list for FM Nirmala Sitharaman

As the Union Budget 2026–27 approaches, India’s gems and jewelery industry is calling for a mix of demand-boosting measures, tax rationalization and structural reforms to navigate price volatility, global trade uncertainty and evolving consumer preferences. Gold and silver prices have been trading at record high levels, making jewelery costlier for consumers. Gold prices have rallied…

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