Category: Economy
GST 2.0 shields India from Trump tariffs but Malhotra & co warn further rate cut risks overdose: RBI MPC Minutes
India’s economy has shown resilience in the face of global uncertainties, including the US administration’s “comprehensive assault” of reciprocal tariffs imposed by Donald Trump, according…
India’s vegetable oil imports surge 51% in September on higher crude palm oil shipments
India’s vegetable oil imports jumped 51 per cent to 16.39 lakh tonnes in September from a year earlier, driven by a surge in crude palm…
India’s trade deficit widens to 11-month high of $32.15 bn in September
India’s merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after…
RBI’s liquidity boost falters amid FX market intervention, analysts say
The Reserve Bank of India‘s liquidity infusion via a phased cash reserve ratio cut had less impact than expected as dollar sales and maturing FX…
China files WTO complaint against India over EV & battery subsidies, urges New Delhi to rectify ‘wrongdoings’
China filed a complaint to the WTO on Wednesday over India’s EV and battery subsidies, saying the measures give Indian domestic industries an unfair competitive…
Trump’s trade war unites Modi and Lula in a hunt for new markets
Two of the emerging-market giants hardest hit by President Donald Trump’s trade wars are deepening their ties in response, betting that a united front will…
China vs the World: US expects support from India, other allies in rare earths trade tensions
Amid escalating trade tensions with China over its export restrictions on rare earth minerals, US Treasury Secretary Scott Bessent has said that Washington expects support…
IMF raises India’s FY26 growth outlook to 6.6%
The International Monetary Fund (IMF) on Tuesday raised India’s economic growth forecast for FY26 to 6.6% from 6.4% estimated earlier, citing strong first quarter growth…
Inflation makes case for rate cut, but growth indicators are benign
Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…
Textiles, leather & kitchen items exports to US down
New Delhi: India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and marine products shrank in August, the month when Washington slapped…