Category: Economy

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India’s unemployment rate falls to four-month low of 5.1% in July, rural jobs drive gains

New Delhi: India’s unemployment rate fell to a four-month low of 5.1% in July, down from 5.5% in June, driven largely by a job boost…

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India seeks WTO consultations with US over 50% tariff quota on quartz surface imports

New Delhi: India has sought consultations with the US at the World Trade Organization (WTO) on Washington’s tariff-rate quota on imports of quartz surface products,…

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ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June

New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the…

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India widens export basket: Amrapali mangoes, premium cherries, frozen French fries find new markets

New Delhi, The commerce ministry has facilitated a number of fresh agricultural and processed-food items in July that have found buyers in new overseas markets,…

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India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipments

Mumbai: India’s soyoil imports are set to hit a record high in August as competitive prices prompt refiners to boost purchases for festive demand, while…

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India’s unemployment rate drops to 5.1% in July as job market improves, more women join workforce

India’s unemployment rate (UR) for persons aged 15 years and above declined to 5.1% in July 2026, from 5.5% in June 2026, as both labour…

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RBI cuts FX swap window short after NRI deposits cross $50 billion

Mumbai: Strong inflows from a foreign deposit drive ​prompted the Indian central bank to cut short a zero-cost FX swap facility for banks, with policymakers…

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India Q1 GDP growth seen at 7.3% as consumption, capex cushion Iran war shock: ET poll

India’s economic growth likely held above 7% in the first quarter of FY27, as resilient consumption and exports coupled with robust government capex defied supply…

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India’s FTAs give MSMEs a shot at bigger global markets: Exporters
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India’s FTAs give MSMEs a shot at bigger global markets: Exporters

New Delhi: Prime Minister Narendra Modi’s call to MSMEs to fully leverage India’s growing network of free trade agreements (FTAs) is timely, as these pacts…

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Interest Subvention on Kisan Credit Card Loans may be Cut by 50 bps
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Govt in talks with banks to cut Kisan Credit Card interest subvention by 50 basis points

New Delhi: The government is in discussions with banks to reduce the interest subvention rate on Kisan Credit Card (KCC) loans by 50 basis points,…

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