Category: Economy
India in active dialogue with US for free trade pact: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday said that India is in ‘active dialogue’ with the United States for a free trade…
MoSPI invites feedback on draft National Industrial Classification NIC-2025
The Ministry of Statistics and Programme Implementation (MoSPI) has invited feedback from stakeholders on draft National Industrial Classification (NIC) – 2025. The NIC serves as…
Bihar railway and road connectivity projects get cabinet nod
The Cabinet Committee on Economic Affairs (CCEA) approved two transport infrastructure projects worth over Rs 7,000 crore to improve connectivity in Bihar and adjoining states…
Indian shrimp export industry to witness 12% revenue decline in FY26: Report
Shrimp exporters’ revenue is likely to decline 12 per cent year-on-year in 2025-26, hit by the steep tariffs imposed by the US, effective August 27,…
GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and…
Cabinet clears key road and rail projects worth Rs 7,616 crore for poll-bound Bihar
The Union Cabinet has approved two major infrastructure projects worth Rs 7,616 crore aimed at boosting connectivity and economic activity across Bihar and neighbouring states….
Trump mellows down: How India stayed calm and politically mature during tariff pressures
In a surprising shift of tone, US President Donald Trump has signalled a thaw in the recently frosty relations between the US and India. Writing…
By how much will India be able to evade tariff hit on growth? CEA Nageswaran does the GDP math
India’s Chief Economic Adviser V Anantha Nageswaran said on September 10 that the hit to GDP from Trump‘s tariffs will be kind of modest —…
Fitch lifts 2025 global growth aim with a worrying rider, upgrades India forecast to 6.9% for FY26
Fitch Ratings has raised its forecast for India’s growth, projecting the economy to expand 6.9% in FY26, up from its earlier estimate of 6.5%. The…
Navarro says India ‘desperately’ seeks US markets, repeats criticism on Russian oil
White House Trade Advisor Peter Navarro has said that the United States does not need “unfair trade” with India, but New Delhi is “desperately” looking…