Tag: india

BRICS can become hub for creative sector: Sberbank
Posted in Economy

BRICS can become hub for creative sector: Sberbank

Creative industries such as design, art, media, content, and games, which currently contribute over 4% to the global GDP, are rapidly emerging as new growth…

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Posted in Economy

Current Account Deficit likely to stay in check at 1.2-1.5% of GDP, progress on India-US trade talks will be crucial: Report

The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to…

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China Top Source of Imports in H1 FY26; Trade Deficit with Dragon Hits $54.4 B
Posted in Economy

China top source of imports in H1 FY26; New Delhi’s trade deficit with Beijing hits $54.4 billion

New Delhi: Mainland China emerged as India‘s top import source in the first half of this financial year with $62.89 billion worth of inbound shipments,…

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The gold's share in India's forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg)
Posted in Business

India gold reserves top $100 billion on surging bullion prices, forex down| Business News

India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by…

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Posted in Economy

Global shocks no worry, India stays investors’ darling: S&P Global Ratings President Yann Le Pallec

S&P Global Ratings expects India to demonstrate resilience against punitive tariff barriers and global trade shocks, with the economy expected to expand about 6.5% this…

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Posted in Economy

Explained: India’s Russian oil trade and options before it

US President Donald Trump claimed that Prime Minister Narendra Modi has vowed to halt purchases of Russian oil – an issue at the centre of…

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Posted in Economy

India expands FTA outreach; active trade talks underway with US, EU and Oman, says Piyush Goyal

India has intensified efforts to deepen its trade ties with major economies, with several free trade agreements (FTAs) already implemented and negotiations progressing with key…

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US President Donald Trump. (AFP)
Posted in Business

Indian Oil-led India refiners to pare down Russian oil imports after Trump comments| Business News

India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald…

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Posted in Economy

India and US aim for ‘win-win solution’ amid deepening trade talks: Report

India and the United States are engaged in intensive trade discussions, with both sides exploring ways to reach a “win-win solution,” government sources told ANI…

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Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters)
Posted in Business

India trade deficit in September widens most in at least a year as US tariff impact shows| Business News

India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers…

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