Category: Economy
India faces second year of sugar deficit as mills close early
Mumbai: India’s sugar production is set to fall below consumption for a second straight year, as lower cane yields force mills to close faster than…
India ready to slash import duties, curb exports to secure domestic supply: Trade official
India is prepared to reduce import duties and, where necessary, regulate exports to ensure sufficient availability of goods within the domestic market whle Iran war…
India’s sugar production rises 9% to 272.31 lakh tons till March 31: ISMA
New Delhi: India’s sugar production has increased by around 9 per cent in the ongoing sugar season 2025-26, reaching 272.31 lakh tons as of March…
India’s GDP may come down to 6.5% in FY27, if crude remains at USD 100: CareEdge
Mumbai: India’s economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a…
India’s March palm oil imports fall to 3-month low as prices surge
India’s palm oil imports fell nearly 19% in March to a three-month low as a rally in tropical oil prices, tracking energy markets, prompted refiners…
UPI growth stays relentless with 22.64 billion March transactions, says Department of Financial Services
New Delhi: Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of…
Sunflower oil consumption set to wilt by 10% amid geopolitical heat, says Crisil
Indian refined sunflower oil volume is poised to decline by about 10% in the current fiscal, due to twin headwinds that will dampen demand, said…
Indirect tax mop-up tops FY26 target, but pan masala cess misses the mark
New Delhi: The government has marginally exceeded its indirect tax collection target for 2025–26, buoyed by steady inflows from customs, excise and GST, even as…
Road ministry to compensate for price hike and volatility in commodity prices to contractors
New Delhi: The ministry of road transport and highways have relaxed the payment mechanism for highway contractors and reduced the price adjustment mechanism from three…
One battle after another: How India fared in the year of Trump tariffs
When US President Donald Trump declared April 2, 2025 as “Liberation Day” for American trade policy, few countries felt the tremors as immediately, and as…