Month: June 2026
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%
India’s fiscal deficit stood at the budgeted 4.4% of GDP in fiscal 2026, official data showed on Monday, easing immediate concerns over government finances while…
India, Oman free trade pact comes into force
New Delhi: The free trade agreement between India and Oman came into force on Monday, Commerce and Industry Minister Piyush Goyal said. The India-Oman Comprehensive…
India-US trade deal: Large parts finalised, talks resume June 2 in New Delhi, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal said on Monday that large parts of India’s proposed trade agreement with the United States have been finalised, with…
India, Australia to develop MoU on defence articles, services after second defence ministers’ dialogue
India and Australia have agreed to begin developing a Memorandum of Understanding on the Provision of Defence Articles and Defence Services, the two countries said…
GDP growth likely eased in January-March quarter on softer external demand
India’s economic growth likely eased to 7.2% in the first quarter of 2026, according to a Reuters poll of economists, as weakening external demand and…
Weather swings, monsoon risks, and the growing threat to mango, apple crops
Indian farming is approaching a phase where weather uncertainty is emerging as one of the biggest risks for a farmer. Extreme heat waves, unseasonal rains,…
India manufacturing activity rose in May despite cost pressures, PMI shows
BENGALURU: India’s manufacturing sector expanded at its fastest pace in three months in May on sustained demand even as cost pressures were among the most…
Beyond rice, wheat: Why India must revive native ‘orphan crops’ for protein security
As India pushes crop diversification to improve nutrition and build climate resilience, experts argue that the country must look beyond a handful of staple crops…
Oman FTA shields key Indian sectors
India has protected its market from imports of over 2,780 tariff lines, including gold and silver bullions, jewellery, dairy, tea, coffee and tobacco, under its…
RBI likely to keep status quo on policy rate as threats loom
Mumbai: The Reserve Bank of India is likely to leave the policy rate unchanged at its June meeting, according to a majority of economists in…