Category: Economy
India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok Gulati
India’s agriculture sector is heading into a challenging season. Concerns over a potentially weak monsoon, the possible impact of El Niño, geopolitical tensions in West…
Volatile crude prices, forex swings and poor rains pose challenge for India: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said India faces a range of external and domestic challenges, including uncertainty over foreign exchange and crude oil…
US-Iran peace deal may help boost India’s exports, stabilise rupee
New Delhi: The announcement that the US and Iran have finalised a deal to end their 107-day conflict and reopen the Strait of Hormuz is…
Govt said to accept tweaks to Securities Markets Code draft
New Delhi: The government is learnt to have agreed to several key changes in the proposed Securities Markets Code (SMC), including extending securities market investigation…
Basmati rice, tea exports to West Asia come to a grinding halt
Kolkata: Amid the US-Israel conflict with Iran, exports of basmati rice and tea to West Asia have come to a halt. Exporters said the Strait…
Statistical system may get AI overhaul, data to be treated as asset: MoSPI Secy
New Delhi: India is eyeing a sweeping modernisation of its statistical architecture, with plans to embed artificial intelligence across official data systems, build a national…
CEA defends India’s GDP data, says country does not use methodology changes to inflate growth numbers
New Delhi: Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India’s GDP statistics, saying the country does not use revisions…
Electronics, pharma and engineering goods lead India’s FTA dividend as export engine shifts gears
Electronics could evolve from a rapidly growing export sector into the cornerstone of India’s next manufacturing and export-led growth cycle, Yes Securities said, with Monte…
Free trade pacts to boost furniture exports, domestic manufacturing: Industry
New Delhi: Exports and domestic manufacturing of India’s furniture sector will witness a major boost from the number of free trade agreements (FTAs) finalised by…
India’s Russian oil imports rise in May as refiners boost purchases
New Delhi, India remained the world’s second-largest buyer of Russian fossil fuels in May, importing an estimated 5.8 billion euros (USD 6.7 billion) worth of…