Category: Economy

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Sweden eyes big expansion in its trade partnership with India

Sweden, India’s close partner in the Nordic region, has hosted the ‘Time for Sweden’ autumn launch event, highlighting the growing trade, investment, and innovation opportunities…

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US tariffs temporary setback for India, will lead to hyperinflation in America, says Raymond chairman Gautam Singhania

Terming the massive shift in trade policies by US President Donald Trump as a “dangerous game”, industrialist Gautam Singhania on Wednesday said the tariffs are…

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EU is unlikely to hike tariffs on India, China at Trump’s request

The European Union is very unlikely to impose crippling tariffs on India or China, the main buyers of Russian oil, as U.S. President Donald Trump…

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India-Oman FTA may happen in a week: Piyush Goyal

New Delhi: In a week’s time, chances are high that India and Oman will ink a Free Trade Agreement (FTA) to boost trade and commerce…

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PM Modi speaks to Italian counterpart Meloni; discusses EU-India FTA, Ukraine conflict

Prime Minister Narendra Modi on Wednesday discussed with his Italian counterpart Giorgia Meloni the proposed free trade agreement between India and the European Union (EU)…

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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…

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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…

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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…

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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,…

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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…

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