Category: Economy
Capex by big CPSEs, 4 key government entities surges 62% in March
New Delhi: Large central public sector enterprises (CPSEs) and four major government entities increased capital expenditure sharply in March amid the West Asia war, which…
MHI holds pre-bid consultations on permanent magnet manufacturing scheme
The Ministry of Heavy Industries held pre-bid consultations for the scheme to promote manufacturing of sintered rare earth permanent magnet Tuesday. An official statement said…
Government rules out sugar export curbs and maintains duties on edible oils
India, the world’s second-largest sugar producer, has no plans to curb sugar exports, Food Secretary Sanjeev Chopra said on Tuesday, as a fall in domestic…
Tech advances yet to fix uneven mill performance, data gaps in sugar sector: Food Secretary
Plant-level inefficiencies remain at the core of challenges facing sugar mills, including variations in sugar recovery rates (10.5–10.9%), suboptimal extraction, and energy inefficiencies, said Sanjeev…
India–New Zealand FTA likely to be signed on April 24, may bring $20 billion investment boost over 15 years
India and New Zealand are expected to sign a Free Trade Agreement (FTA) on April 24 in Dehi, a move aimed at boosting trade and…
Morgan Stanley cuts India’s FY27 growth outlook to 6.2% amid Gulf conflict
Morgan Stanley on Tuesday lowered India’s FY27 growth forecast by 30 basis points to 6.2%, citing supply-side disruptions and cost pressures arising from the Gulf…
India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say
India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital…
West Asia’s unquiet hour: Hidden costs and a strategic opening for India
Wars, in our time, rarely remain confined to the territories in which they erupt. They travel through oil prices, shipping lanes, data cables, and inflation…
Fitch unit cuts India’s economic growth targets amid Iran war
India’s GDP growth projection for financial year 2026-27 has been revised downward from 7 per cent to 7.7 per cent, as per India outlook report…
Non-vegetarian thali cost drops 1% in March; Vegetarian thali prices remain stable: Crisil Report
The cost of a home-cooked non-vegetarian thali fell by one per cent year-on-year in March 2026, while the price of a vegetarian meal remained stable…