Category: Economy
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…
‘Plan to boost export of goods made by tribals’: Piyush Goyal
Commerce and industry minister Piyush Goyal Wednesday said the government is working on a plan to push exports of goods made by tribals, either through…
At pre-budget meet, MSMEs seek cheaper credit, policy support to stay competitive amid US tariffs
New Delhi: Small and medium businesses on Wednesday urged finance minister Nirmala Sitharaman to bolster credit flow to them at reasonable rates to soften the…
India, Saudi Arabia reaffirm commitment to conclude bilateral investment treaty soon
New Delhi: India and Saudi Arabia on Wednesday reaffirmed commitment to conclude a proposed bilateral investment treaty (BIT) early to unlock robust two-way investment inflows…
Cabinet okays Rs 45,000 crore package to support exports, MSMEs amid global headwinds
The government on Wednesday approved a ₹45,000 crore package to support exports struggling under the steep 50% US tariffs and sluggish global trade. The package…
Maharashtra forms task force to shield MSMEs and exporters from Trump’s tariffs
Mumbai: The Maharashtra government is looking to implement measures to save its export-oriented industries and MSMEs from the impact of Trump’s tariffs and also unveil…