Category: Economy

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El Nino may force India to boost rice-based ethanol output for E20 goal

Pune: India may have to increase the output of rice-based ethanol in the 2026-27 ethanol year (November-October) to meet E20 blending requirements, as the El…

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Goldman Sachs raises India FY27 growth forecast to 6.5%

New Delhi: Goldman Sachs on Friday raised India’s FY27 growth forecast by 0.4 percentage points to 6.5% year-on-year, citing lower oil prices and easing supply…

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Coming Soon: Scheme to Charge up Pvt E-Bus Buys
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Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoption

New Delhi: The Centre is drawing up a scheme that could offer interest subvention, partial credit guarantees and capital subsidies to support electric bus purchases…

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India and Switzerland step up innovation partnership with focus on startups, research

Zurich: India and Switzerland are intensifying cooperation in science and technology with the former’s scale complementing the latter’s innovation to create solutions for citizens and…

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Cabinet Secretariat cracks down on red tape, orders faster clearances for Centre’s key projects

New Delhi: The Cabinet Secretariat has sent out a series of directives over the last two months to all state governments and union ministries making…

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‘Seize the moment’: Piyush Goyal sees India-UK trade pact unlocking ‘floodgates’ for business

There is a lot of “excitement and a great deal of optimism” among businesses in India and the UK over the trade agreement which comes…

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India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Consumer packaged goods major ITC has said that India’s economy remains well-positioned for sustained medium-term growth despite near-term challenges stemming from geopolitical tensions in West…

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Transformational growth prime focus of India-UK FTA: Piyush Goyal

London: Transformational growth should be the prime focus of the India-UK Free Trade Agreement (FTA), Commerce and Industry Minister Piyush Goyal told business leaders at…

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India’s forex reserves up by $963 million to $672.58 billion as of June 19

India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…

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Global giants commit over $90 billion investment in India amid geopolitical uncertainty

New Delhi: Global corporations and institutional investors have announced more than USD 90 billion in fresh investment commitments to India in recent months, betting on…

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