Xtrackers Nifty 500 India ETF(IND.US)

India-US trade deal has reduced much global uncertainty, econ secy says

NEW DELHI, Feb 3 (Reuters) - The announcement of a trade accord between India and the United States has reduced a great deal of global uncertainty, India’s economic affairs secretary, Anuradha Thakur said on Tuesday.India is committed to maintaining fiscal discipline consistently without compromising on its social and developmental priorities, she added.

Larsen & Toubro Limited veröffentlicht Transkript zur Q3-FY26-Earnings-Call

Larsen & Toubro Limited has released the transcript of its Q3 FY26 earnings call, featuring key executives discussing business performance, economic conditions in India and the Middle East, and strategic developments. The company reported record order inflows of ₹1,356 billion, a 17% year-on-year growth. A rebranding initiative for data centers as 'Larsen & Toubro-Vyoma' was announced, focusing on hyperscale data centers in Indian cities. The management highlighted India's economic resilience and improved ESG rating to A by MSCI, along with inclusion in the top 200 global environmental companies.

The Indian Rupee rose 1.2% against the US Dollar after the US government lowered tariffs on Indian goods

Indian rupee posts best single day gain since December 2018

Indian rupee posts best single day gain since December 2018

India Pours Over $10 Billion Into Rare Earths to Cut China Dependence

India's Finance Ministry has proposed a budget exceeding $10 billion to enhance domestic rare earths mining and clean energy sectors, aiming to reduce dependence on China. The initiative includes establishing rare earth corridors in four coastal states, promoting the production of Sintered Rare Earth Permanent Magnets, and extending tax incentives for critical mineral processing. Additionally, the budget allocates funds for renewable energy projects, carbon capture, and nuclear energy development, targeting a significant increase in nuclear capacity by 2047. This comprehensive strategy aims to achieve strategic self-reliance in critical minerals and energy.