Category: Economy
India’s economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth position among the world’s largest economies in 2025, according to latest estimates released by the International Monetary Fund. The…
AgriTech could add $90 billion to Southeast Asia’s GDP by 2033: Report
AgriTech adoption in Southeast Asia could unlock more than $90 billion in annual GDP (gross domestic product) gains by 2033, according to a report. Despite…
Faster insolvency process proposed with creditor-led resolution framework
A compact process proposed to speed up insolvency resolution can be initiated only by financial creditors having a combined share of at least 51% in…
Labour-intensive sectors see steep fall in exports in March
New Delhi: Engineering goods, electronics and pharmaceuticals were the key drivers of exports in FY26. Sixteen of the 30 top export sectors of the country…
Seed industry seeks policy support amid input cost increase
New Delhi: India’s seed industry has sought policy support from the government amid rising input costs linked to the West Asia crisis. The industry has…
8th Pay Commission: Government staff seek Rs 69,000 minimum pay, DA merger proposal
New Delhi: Central government employees have sought a sweeping overhaul of pay, pensions and service conditions under the Eighth Central Pay Commission, proposing a minimum…
Textiles Ministry plans duty cuts to shield industry amid West Asia crisis
New Delhi: The textiles ministry has proposed duty cuts and regulatory easing to secure raw material supplies amid the West Asia crisis, including lowering import…
EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRI
The EU’s plan to expand its Carbon Border Adjustment Mechanism (CBAM), could increase carbon tax costs on Indian manufactured exports to Europe, impacting Indian engineering…
West Asia War: India’s BBB rating seen stable despite energy shock; S&P flags corporate stress, weaker credit growth
India’s BBB investment grade sovereign rating is unlikely to be impacted by higher energy prices due to the Iran war but supply disruption of food…
EXIM Bank says repayments unaffected by West Asia conflict
Mumbai: There has been no impact on client repayments because of the Middle East conflict, a top official from the EXIM Bank of India has…