Category: Economy
RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research
New Delhi: India’s balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27, with the current account deficit…
Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027
India plans to send its first cargo ship along the Northern Sea Route (NSR) next year, with Russia’s Arctic region of Arkhangelsk holding talks with…
Union Minister Piyush Goyal discusses scaling up retail investment with Nippon Life India AMC CEO Sundeep Sikka
New Delhi: Union Minister for Commerce and Industry Piyush Goyal on Monday held a meeting with Sundeep Sikka, MD and CEO of Nippon Life India…
India’s unemployment rate falls to four-month low of 5.1% in July, rural jobs drive gains
New Delhi: India’s unemployment rate fell to a four-month low of 5.1% in July, down from 5.5% in June, driven largely by a job boost…
India seeks WTO consultations with US over 50% tariff quota on quartz surface imports
New Delhi: India has sought consultations with the US at the World Trade Organization (WTO) on Washington’s tariff-rate quota on imports of quartz surface products,…
ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the…
India widens export basket: Amrapali mangoes, premium cherries, frozen French fries find new markets
New Delhi, The commerce ministry has facilitated a number of fresh agricultural and processed-food items in July that have found buyers in new overseas markets,…
India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipments
Mumbai: India’s soyoil imports are set to hit a record high in August as competitive prices prompt refiners to boost purchases for festive demand, while…
India’s unemployment rate drops to 5.1% in July as job market improves, more women join workforce
India’s unemployment rate (UR) for persons aged 15 years and above declined to 5.1% in July 2026, from 5.5% in June 2026, as both labour…
RBI cuts FX swap window short after NRI deposits cross $50 billion
Mumbai: Strong inflows from a foreign deposit drive prompted the Indian central bank to cut short a zero-cost FX swap facility for banks, with policymakers…