Category: Economy

ET logo
Posted in Economy

Export diversification fuels textile sector resilience; India ready to compete globally: Giriraj Singh

New Delhi: India is currently exporting textile products from 550 districts, and the government’s export diversification strategy has helped the sector remain resilient despite global…

Continue Reading
ET logo
Posted in Economy

India inflation risks mount on renewed US-Iran tensions, El Nino

India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push…

Continue Reading
ET logo
Posted in Economy

WPI inflation quickens to 9.87% in June from 9.68% in May

India’s wholesale inflation quickened to 9.87% in June from 9.68% in May, exceeding economists’ expectations of a 9.15% year-on-year rise, according to official data released…

Continue Reading
ET logo
Posted in Economy

India-New Zealand FTA likely to enter into force by year-end: Minister Todd McClay

New Delhi: The free trade agreement (FTA) between India and New Zealand is likely to come into effect by the end of the year, according…

Continue Reading
ET logo
Posted in Economy

Two of Gujarat’s leading Agricultural products, Unjha Cumin and Fennel, receive GI tag

Gandhinagar: Advancing Prime Minister Narendra Modi’s vision of ‘Vocal for Local’ and ‘Local to Global,’ Gujarat continues to secure global recognition for its traditional agricultural…

Continue Reading
ET logo
Posted in Economy

FCI calls media reports of Rs 1,160 crore rice diversion ‘factually incorrect’

The Food Corporation of India (FCI) on Monday rejected media reports alleging diversion of FCI rice worth Rs 1,160 crore for ethanol production in Madhya…

Continue Reading
Macros that matter
Posted in Economy

India’s June exports shine through West Asia dark clouds; trade deficit widens to five-month high

New Delhi: India’s goods exports rose 15.5% from a year earlier to $40.41 billion in June, but the trade deficit widened to a five-month high…

Continue Reading
Retail Inflation up to 4.4% on costlier food, transport
Posted in Economy

Retail Inflation up to 4.4% on costlier food, transport

New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…

Continue Reading
India-UK CETA duty benefits to require CBIC digital authentication
Posted in Economy

India-UK CETA duty benefits to require CBIC digital authentication

New Delhi: India will allow preferential duty benefits under the India-UK Comprehensive Economic and Trade Agreement (CETA) only after customs digitally authenticates a UK exporter’s…

Continue Reading
US framework trade deal ready, to be inked at the right time: Commerce Secretary Rajesh Agrawal
Posted in Economy

US framework trade deal ready, to be inked at the right time: Commerce Secretary Rajesh Agrawal

New Delhi: Negotiations between India and the US for a proposed trade agreement are progressing well and the framework deal is ready and will be…

Continue Reading