Category: Economy

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India’s booming Dubai gold trade may be built on someone else’s mines

Prime Minister Narendra Modi’s appeal asking Indians to avoid buying gold for a year has intensified scrutiny of a sharp post-FTA surge in bullion imports…

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Govt mulls new programme to bolster rural industrial landscape

New Delhi: The rural development ministry is planning to roll out a new flagship programme that will allow industry to engage directly with rural producer…

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India considering emergency measures to save foreign exchange

India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help…

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Identifying 100 products to boost domestic manufacturing: DPIIT Secy

New Delhi: The government is working with industry to identify about 100 products — including those from the auto sector — that are either not…

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Can India withstand extreme energy demand shocks? Shaktikanta Das responds

India is now better placed to withstand extreme energy demand shocks arising from global conflicts, Principal Secretary to the Prime Minister Shaktikanta Das said on…

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India’s urban unemployment rate eases to 6.6% in Jan-March quarter, rural joblessness rises to 4.3%

India’s urban unemployment rate for persons aged 15 years and above eased to 6.6% in the January-March 2026 quarter from 6.7% in the previous quarter,…

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Explained: What is the new VB-G RAM G Act and how will it replace MGNREGA?

New Delhi, The Centre on Monday announced that the new Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025,…

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HSBC slashes FY27 GDP estimate sharply to 6%, expects two RBI rate hikes

Mumbai, Twin shocks of energy crisis and deficient rainfall will lead to the real GDP growth falling to 6 per cent in FY27 from 7.4…

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Need to utilise, leverage FTAs: Commerce Secretary Rajesh Agrawal to industry

New Delhi, The Indian industry needs to leverage and utilise the free trade agreements (FTAs) that India is finalising, as they provide huge opportunities for…

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Maldives repays second $50 million Indian treasury bill: Muizzu

Male: The Maldives has settled payment to India on a USD 50-million treasury bill, President Mohamed Muizzu said on Monday, according to a local media…

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