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NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from…

PUNE: Pune Police’s economic offences wing (EOW) has filed an 1,886-page chargesheet relating to the 40-acre Mundhwa land deal, saying arrested power of attorney (PoA)-holder Sheetal Kisanchand Tejwani (44) executed the sale deed with Amadea Enterprises LLP despite knowing the plot was owned by state govt. Late Maharashtra deputy CM Ajit Pawar’s son Parth is…

Prime Minister Narendra Modi with US President Donald Trump (File photo) NEW DELHI/ WASHINGTON: After months of bruising trade tensions, India and the US on Monday announced a bilateral trade deal that will see Washington slash additional tariffs on Indian imports to 18%, from the current 50%, making it more competitive for textiles, leather and…

Pune’s Porsche crash claimed 2 lives NEW DELHI: Noting that there have been frequent cases of drunk minors snuffing out innocent lives while driving cars, SC Monday said their parents are to be blamed for allowing them to drink and drive. It, however, granted bail to three accused in Pune Porsche accident case in which…

NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…

MUMBAI: In a development with direct implications for the investigation into the June 12 fatal Air India Boeing 787 Ahmedabad crash, another Air India Dreamliner saw a fuel control switch move from “run” to “cut-off” after a crew member pressed it to check whether it was locked.The switch moved without the required lift action, suggesting…

NEW DELHI: The Centre spent 5% of the funds allocated under the flagship package for employment and skilling in FY 2025-26, raising concerns over the incentive structure, targeting and implementation of the programme.The special package announced by the finance minister Nirmala Sitharaman in budget 2024-25 consisted of the internship scheme, upgradation of 1,000 govt run…

NEW DELHI: US President Donald Trump spoke to Prime Minister Narendra Modi, US ambassador to India Sergio Gor informed on Monday. The two leader, finalized the much-awaited India-US trade deal with “immediate” effect, Trump informed.In a post on Truth Social, Trump said, “It was an Honor to speak with Prime Minister Modi, of India, this…

Global investors pulled out more than $3 billion in January, following withdrawals of over $18 billion in 2025. (AI image) Finance Minister Nirmala Sitharaman’s Union Budget 2026 has sought to enhance stability in India’s stock market by increasing the investment limits for NRIs. The government is seeking to draw more money from NRIs in the…

The Finance Ministry is considering raising the foreign direct investment (FDI) limit in public sector banks (PSBs) to 49 per cent from the current 20 per cent to strengthen their capital base, PTI reported.“We are still considering, and inter-ministerial consultation is on for raising FDI cap to 49 per cent,” Financial Services Secretary M Nagaraju…