Economy News ( English version)

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  • Tariff Turbulence: US policy swings leave Indian exporters racing to adjust February 23, 2026
    Indian exporters face uncertainty after rapid US tariff shifts. Businesses are adjusting strategies amid fluctuating duties. Companies previously offered steep discounts to retain American buyers. This volatility is now seen as a new normal. Exporters are concerned about future negotiations and potential shared burdens with US buyers. The situation impacts r […]
  • Nexus Select, Runwal Enterprises form JV to develop 7.3 lakh sq ft retail mall February 23, 2026
    Nexus Select Trust, backed by Blackstone, is partnering with Runwal Enterprises for a new retail mall in Dombivli. This 7.30 lakh sq ft development represents Nexus's first venture into an under-construction retail project. The mall will be part of the Runwal Garden City township, offering a ready customer base.
  • India amends tax treaty with France, drops most favoured nation clause February 23, 2026
    India and France have updated their tax treaty. This agreement changes how dividends are taxed between the two nations. French companies with large stakes in Indian firms will see a lower tax on dividends. However, smaller French shareholdings in India will face a higher dividend tax. These changes aim for clearer tax rules and better cooperation.
  • Canada could sign trade deal with India 'within a year': Indian Envoy ahead of PM Mark Carney's visit February 23, 2026
    India's High Commissioner to Canada, Dinesh Patnaik, has expressed optimism that India and Canada could conclude a comprehensive trade agreement within a year, despite past delays in negotiations, The Canadian Press reported.
  • India, China among winners after US court blocked Trump tariffs February 23, 2026
    Countries hit hardest by President Donald Trump’s tariffs are now emerging as winners after the US Supreme Court struck down his emergency levies. China, India, and Brazil, among others, will see lower tariff rates for shipments to the US. While Trump had planned a 15% global tariff, economists calculate the effective rate will average about 12%, the lowest […]

 

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