Category: Economy
India’s services growth hits six-month high on domestic demand, PMI shows
BENGALURU: India’s dominant services sector grew at its fastest pace in six months in May on a pick-up in domestic demand, even though global orders…
US reveals Section 301 findings, proposes 12.5% additional tariffs on imports from India & others
The United States Trade Representative (USTR) revealed the findings of 60 Section 301 probe on Wednesday, proposing 12.5 per cent additional tariffs on India, alongside…
Silver imports via authorised channels only
New Delhi: In a further tightening of import norms for silver, the government on Tuesday mandated that imports be routed through RBI-nominated agencies, Directorate General…
India-UK FTA implementation stuck due to carbon tax on steel; Scotch duties may be rolled back to rebalance pact
New Delhi: Commerce and industry minister Piyush Goyal Tuesday said he had “great conversations” with visiting UK secretary of state for business and trade Peter…
Chana prices climb over 9% in a month
Pune: Despite a record-high domestic harvest, the largest buffer stock of pulses in three years, and low overall food security concerns, chana prices have surged…
States asked to focus on sowing pulses, oilseeds
New Delhi: The government has asked states to prioritise pulses and oilseeds during the kharif sowing season as India prepares for below-normal rainfall and possible…
New producer price index set to replace WPI over next five years
New Delhi: India will introduce a Producer Price Index (PPI) covering output, input and services prices, to offer a more realistic assessment of inflationary trends…
US tariffs on agricultural machines to be cut, 50% metal levies stay
New Delhi: The US will cut tariffs on farm equipment such as combines and harvesters to 15% from 25%. In addition, a new 10% tariff…
India, UK discuss sticking points delaying free trade pact rollout
New Delhi, India and the UK on Tuesday discussed the “sticking points” that are delaying the implementation of the Comprehensive Economic and Trade Agreement (CETA)…
UK Foreign Secretary Yvette Cooper to visit India soon; FTA among key agenda items: MEA
New Delhi [India]: UK Foreign Secretary Yvette Cooper is set to visit India soon, with discussions expected to focus on the proposed Free Trade Agreement…