Category: Economy

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US Trade Representative Greer to visit India on June 23-24 for talks

New Delhi: ​June ​15 – U.S. ​Trade Representative Jamieson Greer is ‌scheduled ⁠to ⁠visit ​India on June 23-24, ​an Indian trade official ​said ⁠on Monday.His…

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India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…

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India’s wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite

India’s wholesale inflation stood at 9.68% in May under a new series, while food and fuel prices stayed at elevated levels amid the continuing Middle…

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India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok Gulati

India’s agriculture sector is heading into a challenging season. Concerns over a potentially weak monsoon, the possible impact of El Niño, geopolitical tensions in West…

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Volatile crude prices, forex swings and poor rains pose challenge for India: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said India faces a range of external and domestic challenges, including uncertainty over foreign exchange and crude oil…

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US-Iran peace deal may help boost India’s exports, stabilise rupee

New Delhi: The announcement that the US and Iran have finalised a deal to end their 107-day conflict and reopen the Strait of Hormuz is…

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Govt said to accept tweaks to Securities Markets Code draft

New Delhi: The government is learnt to have agreed to several key changes in the proposed Securities Markets Code (SMC), including extending securities market investigation…

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Basmati rice, tea exports to West Asia come to a grinding halt

Kolkata: Amid the US-Israel conflict with Iran, exports of basmati rice and tea to West Asia have come to a halt. Exporters said the Strait…

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Statistical system may get AI overhaul, data to be treated as asset: MoSPI Secy

New Delhi: India is eyeing a sweeping modernisation of its statistical architecture, with plans to embed artificial intelligence across official data systems, build a national…

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CEA defends India’s GDP data, says country does not use methodology changes to inflate growth numbers

New Delhi: Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India’s GDP statistics, saying the country does not use revisions…

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