Category: Economy
India can’t take growth for granted, FinMin warns as global rates rise and investors turn cautious
India’s economy enters the second quarter of FY27 from a position of strength, but it cannot afford to take its growth for granted as global…
India faces stiff capital-flow challenge amid global AI, manufacturing race
India faces a stiff challenge to attract capital flows as the global investment landscape is being reshaped by the artificial intelligence boom, renewed manufacturing ambitions…
RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike
Just months ago, India’s central bank pulled out all the stops to draw in dollars to bolster its foreign-exchange reserves and defend the rupee. The…
India-US trade deal: Productive discussion with USTR Greer on early conclusion of interim agreement, says Piyush Goyal
Washington: Commerce Minister Piyush Goyal had a “productive discussion” with US Trade Representative Jamieson Greer towards early conclusion of a mutually beneficial interim trade agreement…
US Trade Representative Greer jokes Piyush Goyal is ‘trade minister for life’ as G20 trade talks open in Milwaukee
Milwaukee [US], October 1 (ANI): US Trade Representative Jamieson Greer joked that Union Commerce and Industry Minister Piyush Goyal was “trade minister for life” as…
Fiscal path hinges on direct taxes as customs, excise revenues face pressure: Report
New Delhi: India’s fiscal trajectory will depend increasingly on the strength of direct tax collections as lower customs duties and weaker excise revenues could constrain…
Claude, New Yorker, Bandcamp: RBI rules leave international card payments in grey area
Mumbai: Using international credit cards for instant payments to download services like Claude Pro, music from Bandcamp, or taking online subscription for New Yorker may…
Commerce minister Piyush Goyal woos American companies to co-invest in advanced manufacturing
New Delhi: Commerce and industry minister Piyush Goyal has invited American manufacturers to expand their presence in India, saying economic ties between the two countries…
Export schemes extended amid West Asia crisis
NEW DELHI: The government Wednesday extended support for exporters by renewing two key schemes and enhancing insurance cover against payment defaults amid the ongoing crisis…
Output, wages, GVA… manufacturing sector is on a roll: GVA grows 9.6% to Rs 26.9 lakh crore; sector adds 1.4 mn workers
New Delhi: India’s formal manufacturing sector recorded broad-based growth in 2024-25, with expansion across gross value added (GVA), capital, output, employment and wages. The GVA…