Category: Economy
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tank
A US-Iran peace deal will be cheered by governments around the world. But in India, critically dependent on the Strait of Hormuz for everything from…
Strategic sectors driving the next stage of India–Russia economic cooperation
New frontiers of energy cooperation, trade and industrial partnerships, and critical minerals are emerging as the next stage in burgeoning India-Russia economic partnership. Representatives of…
ET Graphics | Base to basket: India’s IIP gets a major makeover
The statistics ministry will roll out the new Index of Industrial Production (IIP) on June 1, updating the base year to 2022-23 from 2011-12. The…
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court’s backing
New Delhi: The Directorate General of GST Intelligence (DGGI) is set to press ahead with tax recovery proceedings against online gaming companies, after the Supreme…
Piyush Goyal meets Canadian pension funds, investors in push for $50 bn trade
New Delhi: Commerce and industry minister Piyush Goyal met Canada’s leading pension funds, sovereign and institutional investors, and other stakeholders to partner with India in…
US trade negotiators to visit India from June 1-4 for interim trade deal talks
New Delhi: American trade negotiators will visit India from June 1 to 4 to finalise details of the interim agreement and advance negotiations under the…
Too hot to handle: Heatwave in North India slows textile, rice supply chains
Kolkata: Severe heatwave conditions in northern India are affecting the textile industry in Delhi-NCR and basmati rice trade in Punjab and Haryana, with productivity falling…
Foodgrain output seen rising 5% to 376.5 MT
New Delhi: India’s total foodgrain production is projected to rise 5% to 376.56 million tonnes in the 2025-26 crop year ending June, mainly due to…
Sarthak PDS gets Cabinet nod with Rs 25,530 crore outlay to modernise food distribution system
New Delhi: The Union Cabinet on Wednesday approved an outlay of Rs 25,530 crore for Sarthak Public Distribution System (PDS) scheme to modernise it and…
Piyush Goyal urges Canada for dual degrees to drive cooperation in education sector
New Delhi, Commerce and Industry Minister Piyush Goyal has suggested that Canada consider dual-degree programmes with an aim to increase cooperation in the education sector….