Category: Economy
Govt to soon allocate Rs 2,000 cr for Credit Guarantee Scheme for Exporters
The government will soon allocate Rs 2,000 crore for the Credit Guarantee Scheme for Exporters announced by the Union Cabinet on Wednesday, sources said. National…
Chhattisgarh exports India’s largest copper consignment to China
Chhattisgarh has achieved a remarkable milestone by exporting 12,000 metric tons of copper concentrate, the country’s largest-ever consignment of the mineral, to China. The landmark…
Govt’s Rs 45,000 cr schemes to boost export ecosystem, global competitiveness: Exporters
The two schemes with an outlay of Rs 45,000 crore approved by the government for exporters will help industry tackle long-standing challenges such as affordable…
India’s palm oil imports hit 5-year low as soyoil purchases surge to record
India’s palm oil imports slid to their lowest level in five years during the 2024/25 marketing year, while purchases of soyoil soared to a record…
India’s economy to grow at 6.5% through 2027 despite Trump tariffs: Moody’s
India is expected to weather Trump’s tariff turbulence with diversified exports and will remain the fastest-growing economy among the G-20 nations over the next two…
India likely to allocate $227.5 million for exporters’ credit guarantee in FY26
India’s credit guarantee support for exporters will require a budget allocation of Rs 2,000 crore ($227.54 million) for the fiscal year 2026, a government source…
Festive season data lifts India’s economic outlook despite tariff pressures: Report
A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI…
Export Promotion Mission welcomed but faces major operational hurdles: GTRI
The Global Trade Research Initiative (GTRI) has said that while the Union Cabinet’s approval of the Rs25,060-crore Export Promotion Mission (EPM) is a step forward,…
Most emerging nations like India can realign trade to weather US tariffs: Report
Most big emerging economies, including China, Brazil and India, can weather U.S. tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising…
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…