Category: Economy

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EU is unlikely to hike tariffs on India, China at Trump’s request

The European Union is very unlikely to impose crippling tariffs on India or China, the main buyers of Russian oil, as U.S. President Donald Trump…

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India-Oman FTA may happen in a week: Piyush Goyal

New Delhi: In a week’s time, chances are high that India and Oman will ink a Free Trade Agreement (FTA) to boost trade and commerce…

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PM Modi speaks to Italian counterpart Meloni; discusses EU-India FTA, Ukraine conflict

Prime Minister Narendra Modi on Wednesday discussed with his Italian counterpart Giorgia Meloni the proposed free trade agreement between India and the European Union (EU)…

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India in active dialogue with US for free trade pact: Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday said that India is in ‘active dialogue’ with the United States for a free trade…

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MoSPI invites feedback on draft National Industrial Classification NIC-2025

The Ministry of Statistics and Programme Implementation (MoSPI) has invited feedback from stakeholders on draft National Industrial Classification (NIC) – 2025. The NIC serves as…

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Bihar railway and road connectivity projects get cabinet nod

The Cabinet Committee on Economic Affairs (CCEA) approved two transport infrastructure projects worth over Rs 7,000 crore to improve connectivity in Bihar and adjoining states…

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Indian shrimp export industry to witness 12% revenue decline in FY26: Report

Shrimp exporters’ revenue is likely to decline 12 per cent year-on-year in 2025-26, hit by the steep tariffs imposed by the US, effective August 27,…

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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB

Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and…

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Cabinet clears key road and rail projects worth Rs 7,616 crore for poll-bound Bihar

The Union Cabinet has approved two major infrastructure projects worth Rs 7,616 crore aimed at boosting connectivity and economic activity across Bihar and neighbouring states….

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Trump mellows down: How India stayed calm and politically mature during tariff pressures

In a surprising shift of tone, US President Donald Trump has signalled a thaw in the recently frosty relations between the US and India. Writing…

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