Eyes of the India

India faces tariff pressure from US, strategic disadvantage against China India’s energy strategy has come under fresh strain as US President Donald Trump’s secondary tariffs on Russian oil imports take effect from August 27. The additional 25 per cent duty on India’s purchases has sparked concerns in New Delhi that the country is being unfairly targeted in Washington’s attempt to squeeze Moscow’s oil revenues and force it into peace negotiations over the Ukraine war. External Affairs Minister S. Jaishankar expressed surprise over the new tariff, noting that it was the United States that initially encouraged India and others to buy Russian oil to help stabilise global energy markets. Speaking in Moscow alongside Russian Foreign Minister Sergey Lavrov, Jaishankar underlined India’s position that its crude imports are driven by affordability and energy security, not geopolitics. However, policy experts believe India has become a “soft target” for Washington. According to analyst Dav...

India, Brazil Strengthen Oil Trade Amid US Tariff Pressures Amid escalating trade tensions with the United States, India and Brazil are drawing closer in the energy sector, with a particular focus on crude oil trade. Both nations have been hit by 50 per cent tariffs imposed by US President Donald Trump, who has intensified his protectionist stance by targeting major economies, including New Delhi and Brasília. Brazil’s crude oil exports to India have surged significantly in the first half of 2025, marking the fastest growth among all India’s oil suppliers, according to data from S&P Global Commodity Insights (SPGCI). This trend has continued into the latter half of the year, as Indian refiners accelerate efforts to diversify their supply sources in response to the increasing weaponisation of trade tariffs. “Sky-high US tariffs are prompting India and Brazil to explore opportunities to boost oil trade, as New Delhi looks for alternatives to Russian oil, while Brazil scouts for n...

India and Pakistan airspace closures enter fifth month of restrictions India has extended its airspace ban on Pakistani airlines and aircraft until the early morning of September 24, according to a fresh notice to airmen (NOTAM) issued late Friday. This reciprocal closure, which began in April, has now entered its fifth month, significantly impacting Indian aviation while causing minimal disruption to Pakistan. The ban was first imposed after the April 24 Pahalgam terror attack, when Pakistan barred Indian aircraft from overflying its airspace. India responded on April 30 with a similar measure against Pakistani carriers. Since then, both countries have been renewing these closures through monthly NOTAMs. While the restrictions apply only to each other’s airlines and military flights, the airspace remains open for carriers from other nations. For Indian aviation, the impact has been considerable. Around 800 weekly flights from Indian carriers that once relied on Pakistani airspace ...

  Sethurathnam Ravi at 66: A Visionary in India’s Financial Transformation Sethurathnam Ravi , one of India’s most respected financial experts, celebrates 66 years of life and a career that has significantly shaped the country’s economic structure. Known for his integrity, depth of knowledge, and commitment to sustainable governance, Sethurathnam Ravi’s journey offers insights into how one individual can influence an entire financial ecosystem. Born in 1959 and educated in Jabalpur and Bhopal, Sethurathnam Ravi developed a strong academic foundation in ethics and logic—principles that have guided his professional path. As a Fellow Chartered Accountant with specializations in information systems audit and insolvency, he entered the world of finance with a rare combination of technical skill and strategic foresight. A Turning Point in Public Sector Banking In 2003, the Government of India and the Reserve Bank of India appointed Sethurathnam Ravi to the board of Punjab ...

Stock Market Today: Jay Thakkar Picks 3 F&O Stocks to Watch – Cipla, Bajaj Finserv in Focus Markets Extend Decline for Second Day Amid Global Uncertainty The Indian stock market ended sharply lower on Friday, with the Sensex plunging 721 points and the Nifty 50 slipping 225 points , both settling at monthly lows. This marks the second consecutive day of losses, driven by heavy selling in financials, IT, and oil & gas stocks , along with persistent foreign institutional investor (FII) outflows . The BSE Sensex closed at 81,463.09 , down 0.88% , while the Nifty 50 ended at 24,837 , shedding 0.90% . Intraday, the Sensex dropped nearly 786 points, hitting a low of 81,397.69. Key Market Drivers FII selling continues amid global uncertainty. Weak cues from Asian and European markets added to bearish sentiment. Investors are closely watching Q1 FY26 earnings , especially commentary on margins and sector-specific growth . US–India trade deal prospects remain a posit...

Penny Stock Under ₹5 Hits Upper Circuit After Q1 FY26 Results; Net Profit Soars 46% YoY   Spright Agro Share Price News : Shares of Spright Agro Limited , a BSE-listed penny stock under ₹5, surged to hit the upper circuit on Friday following the announcement of its robust Q1 FY26 results . The agriculture-focused small-cap company, with a market capitalization of approximately ₹240 crore, reported a 46.63% year-on-year (YoY) increase in net profit , igniting strong buying interest among investors. Notably, the stock had recently touched its 52-week low of ₹2.07 per share on the BSE, making the latest rally a sharp reversal. Market analysts expect the stock to remain in focus on Monday, with bullish momentum likely to dominate the trend. Spright Agro Q1 FY26 Results: Key Highlights Ahmedabad-based Spright Agro Limited , known for its expertise in contract farming and greenhouse technology , declared its financial results for the quarter ended June 30, 2025 (Q1 FY26). The compa...

  Duty-Free Access Under India-UK FTA Expected to Boost Foreign Investment in India The India-UK Comprehensive Economic and Trade Agreement (CETA) , officially signed on July 24, 2025 , is poised to significantly enhance foreign direct investment (FDI) inflows into India. One of the key provisions driving this trend is the duty-free access to the UK market for Indian-manufactured goods. The agreement features a dedicated chapter on ‘Rules of Origin’ , outlining clear criteria for which products qualify for the reduced or zero tariffs. To benefit from these preferential tariffs, products must meet the local sourcing requirements , meaning they must be manufactured or substantially processed within India . Trade experts and investment analysts believe this requirement will encourage global and domestic companies to expand their manufacturing operations in India , in order to access the UK market under favorable trade conditions. This is expected to result in a significant boost t...