Category: Economy
July core growth down to 5.4% as iron ore, power lose steam
New Delhi: India’s core sector output grew 5.4% year-on-year in July, slowing from 6% in June, as growth in iron ore, electricity and steel moderated…
India amends Foreign Trade Policy for easier rupee invoicing and payments for exporters
The government on Thursday amended the Foreign Trade Policy (FTP) 2023 to make it easier for exporters to invoice overseas sales and receive payments in…
India allows duty-free sugar imports as prices climb ahead of festive season
Centre on Thursday permitted duty-free imports of 1 million metric tonnes of sugar as domestic prices continue to climb, with the move aimed at improving…
India eases rules for rupee export payments, seeks to widen trade settlement
NEW DELHI: India on Thursday eased rules on rupee export payments, putting them on par with foreign-currency earnings for trade-policy benefits, aiming to promote wider…
Cross-border trade in local currencies reduces transaction costs: RBI deputy governor
Mumbai, Local currencies will play an ever-increasing role in cross-border trade and payments as they lower transaction costs, reduce currency mismatches, and improve settlement efficiency,…
India enters ‘long-term arrangement’ with Mauritius to supply petrol, diesel and aviation fuel
India has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening the island nation’s energy security amid disruptions caused by…
India-EU trade pact clears legal scrub, signing likely this year
New Delhi: India and the 27-nation European Union (EU) have completed the legal scrubbing of the trade pact text and it will be signed this…
India’s infrastructure output grows 5.4% in July, down from revised 6% in June
India’s infrastructure output grew 5.4% year-on-year in July 2026, moderating from a revised 6% growth in June, according to provisional government data released on Thursday….
Delhi Master Plan 2047: Key highlights of blueprint for housing, metro & Yamuna
The Master Plan for Delhi 2047, unveiled on Thursday, sets out a wide-ranging blueprint for the capital, spanning housing, transport, redevelopment, the Yamuna and environmental…
Manohar Lal Khattar unveils Delhi’s 2047 blueprint: 40 lakh homes, 695-km metro & jobs on agenda
The Master Plan for Delhi 2047 was unveiled on Thursday, with Union Housing and Urban Affairs Minister Manohar Lal Khattar announcing plans for around 40…