Economy News

Govt extends export incentives to postal shipments to boost MSME sector

Govt extends export incentives to postal shipments to boost MSME sector

The move is expected to improve competitiveness for MSME exporters, especially those in smaller towns and remote areas, and give a boost to postal exports. The initiative builds on earlier reforms such as electronic processing of postal exports and imports, automated IGST refunds, and the Hub and Spoke model with over 1,000 Dak Niryat Kendras to support cross-border e-commerce. 26 days ago
Big Tech companies to offshore more jobs to India in 2026 amid US mass layoffs

Big Tech companies to offshore more jobs to India in 2026 amid US mass layoffs

Firms like Google, Amazon, Microsoft, Uber, and eBay are offshoring roles, with 38% of respondents saying India hiring replaces US-based jobs. H‑1B visa restrictions are also influencing this trend, and companies are expanding India teams through scaling existing staff, creating new roles, or moving specific projects. This signals a structural shift in global workforce planning. 28 days ago
Gold, silver prices jump on MCX amid weak dollar, global cues

Gold, silver prices hit fresh highs amid global uncertainties

Gold and silver prices hit fresh record highs as global uncertainties intensified due to escalating tensions between the US Justice Department and the Federal Reserve, geopolitical risks from Iran, and weaker-than-expected US jobs data. MCX gold and silver futures surged sharply, while spot prices also touched new peaks, driven by strong safe-haven demand and expectations of further US interest-rate cuts. Jan 12, 2026
Gold, silver hit record highs as global uncertainty fuels demand

MCX silver may hit Rs 3.2 lakh in 2026: Motilal Oswal

Motilal Oswal expects MCX silver prices to continue their strong rally in 2026, projecting a target of Rs 3.20 lakh per kg, implying nearly 27 per cent upside from current levels. After surging 170 per cent in 2025 and outperforming gold, silver's rise has been driven by geopolitical tensions, trade uncertainties, easier monetary policies, strong ETF inflows, supply constraints and robust safe-haven demand. The brokerage highlighted silver's dual role as a precious and industrial metal, with record industrial demand from solar power, electric vehicles, electrification and power grid investments. Persistent supply deficits for the fifth consecutive year and falling exchange inventories have further supported prices, indicating tight physical availability in the market. Jan 11, 2026
Tighter H-1B norms, AI investments in focus as IT firms report Q3 numbers

Tighter H-1B norms, AI investments in focus as IT firms report Q3 numbers

Earnings from Reliance Industries Ltd will be another major trigger next week, given its significant weight in the indices. Investors will watch trends across the energy, retail and telecom businesses, with guidance on demand, margins and capex likely to drive sentiment, said market watchers. Jan 10, 2026
Tighter H-1B norms, AI investments in focus as IT firms report Q3 numbers

Tighter H-1B norms, AI investments in focus as IT firms report Q3 numbers

Earnings from Reliance Industries Ltd will be another major trigger next week, given its significant weight in the indices. Investors will watch trends across the energy, retail and telecom businesses, with guidance on demand, margins and capex likely to drive sentiment, said market watchers. Jan 10, 2026
Exports of K-beauty products hit all-time high in 2025: Data

Exports of K-beauty products hit all-time high in 2025: Data

The number of countries importing South Korean cosmetics reached 202 in 2025, up from 172 in 2024. Shipments to Europe, the Middle East, Southwest Asia and Latin America continued to grow, while the shares going to the U.S. and China have declined, the ministry said. Jan 9, 2026
Sensex, Nifty open lower amid weak global cues

Sensex, Nifty open lower amid fresh concerns over US tariffs

As of 9.29 am, Sensex slipped 107 points, or 0.13 per cent to 84,073 and Nifty eased 26 points, or 0.10 per cent to 26,850. Main broad cap indices posted stronger losses compared to benchmark indices, with the Nifty Midcap 100 down 0.29 per cent, while the Nifty Smallcap 100 lost 0.84 per cent. Jan 9, 2026
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