Category: Economy
Macroeconomic fundamentals of Indian economy remain strong amid global challenges
New Delhi: Macroeconomic fundamentals of the Indian economy remain strong, supported by robust domestic demand, healthy corporate balance sheets and sustained fiscal discipline amid global…
India’s January to June rice exports climb 5% as non-basmati shipments rise, sources say
MUMBAI: India’s rice exports rose 5% in the first half of 2026 from a year earlier, as higher shipments of non-basmati rice offset a drop…
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India’s industrial output accelerated to 7.3% year-on-year in June 2026, up from a revised growth of 5.1% in May, driven by a sharp expansion in…
Monsoon revival boosts summer crop planting in India
Konark: A revival in monsoon rains has accelerated planting of summer-sown crops such as cotton, soybean and rice across much of India, sharply reducing an…
India’s new import rule that could make homes and infrastructure costlier
India’s heavy reliance on imported PVC resin could make everything from water pipes and electrical cables to plumbing fittings more expensive after the Directorate General…
Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies help
The Indian government has approved the Reserve Bank of India’s (RBI) proposal to introduce RBI polymer notes in the ₹10 and ₹20 denominations for field…
Weak investments, higher oil prices to slow India’s GDP growth to 6.6% in FY27: Poll
Bengaluru: India’s economic growth is expected to slow sharply this fiscal year from last year’s robust expansion and recover only modestly the following year, a…
US, India expanding cooperation in defence, civil nuclear sector, says senior US official
Washington: The US and India are expanding defence and civil nuclear cooperation, including the adoption of trusted AI and other emerging technologies powering the economy,…
Erratic monsoon pushes farmers towards low-water crops, vegetables
New Delhi: Erratic and below-normal rainfall is reshaping India’s kharif sowing pattern. While acreage under staples such as tur, soybean, maize and millets has declined,…
GST panel may consider allowing transfer of unused tax credit within corporate groups
New Delhi: A key panel under the goods and services tax (GST) council is likely to consider suggestions from the industry on transfer of unutilised…