India–EU FTA seen as credit positive, to boost manufacturing and foreign investment: Moody’s

The India–European Union Free Trade Agreement (FTA) will be credit positive for India, helping attract foreign investment, strengthen manufacturing and improve export competitiveness in labour-intensive sectors, Moody’s Ratings said on Wednesday.India and the EU announced the conclusion of negotiations for the long-pending FTA earlier this week, describing it as the “mother of all deals”. Under…

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Budget preparation enters final leg with halwa ceremony

New Delhi: The preparation for 2026-27 Budget entered the final phase with the traditional “halwa” ceremony at North Block, home to the finance ministry. The documents are being printed at the Budget Press at North Block. The finance ministry has moved to its new office block in Kartavya Bhawan.The “halwa” ceremony marks the final stage…

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Budget 2026 Expectations Live Updates: Parliament’s Budget session begins today; all eyes on President Murmu’s speech

Finance Minister Nirmala Sitharaman on Tuesday took part in the customary halwa ceremony, signalling the final phase of preparations for the Union Budget 2026-27, which is scheduled to be presented in the Lok Sabha on February 1. The ritual was held at North Block on Raisina Hill, the former headquarters of the finance ministry, as…

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RBI advances repurchase of bonds as yields spike

Mumbai: Govt bond yields jumped to an almost 11-month high as state borrowing and tight liquidity rekindled supply-glut fears, pushing the RBI to fast-track bond repurchases and roll out other liquidity measures. The benchmark 10-year 6.48% 2035 yield closed at 6.72%, up from 6.66%, its highest since early March.Sell-off pressure forced an early start to…

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