Category: Economy
From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
Kevin Kelly is in a tough spot. What he says are unprecedented price increases in the weeks since the United States waged war on Iran…
Government issues draft norms to standardise state, district GDP estimates
New Delhi: The statistics and programme implementation ministry on Tuesday released draft guidelines for the compilation of district domestic product (DDP) and state domestic product…
Sugar exports may be capped, surplus diverted to ethanol
New Delhi: If India’s approved export quota of sugar is not utilised, the surplus would be diverted towards ethanol production, said Sanjeev Chopra, secretary, Department…
Centre may rejig spending to meet FY27 fiscal deficit target
New Delhi: The Centre is considering reprioritising spending without breaching its budgeted fiscal deficit target, as supply chain disruptions caused by the West Asia war…
Capex by big CPSEs, 4 key government entities surges 62% in March
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which…
MHI holds pre-bid consultations on permanent magnet manufacturing scheme
The Ministry of Heavy Industries held pre-bid consultations for the scheme to promote manufacturing of sintered rare earth permanent magnet Tuesday. An official statement said…
Government rules out sugar export curbs and maintains duties on edible oils
India, the world’s second-largest sugar producer, has no plans to curb sugar exports, Food Secretary Sanjeev Chopra said on Tuesday, as a fall in domestic…
Tech advances yet to fix uneven mill performance, data gaps in sugar sector: Food Secretary
Plant-level inefficiencies remain at the core of challenges facing sugar mills, including variations in sugar recovery rates (10.5–10.9%), suboptimal extraction, and energy inefficiencies, said Sanjeev…
India–New Zealand FTA likely to be signed on April 24, may bring $20 billion investment boost over 15 years
India and New Zealand are expected to sign a Free Trade Agreement (FTA) on April 24 in Dehi, a move aimed at boosting trade and…
Morgan Stanley cuts India’s FY27 growth outlook to 6.2% amid Gulf conflict
Morgan Stanley on Tuesday lowered India’s FY27 growth forecast by 30 basis points to 6.2%, citing supply-side disruptions and cost pressures arising from the Gulf…