Economy

White House walks back on 'certain pulses' reference in US-India trade deal

Update softens language on India's $500 bn purchases plan, bringing it in line with joint statement issued by both countries

India's outbound FDI moderates to $3.42 billion in January, shows RBI data

India's outward FDI stands at $3.42 billion in January 2026, easing from December levels, with equity, loans and guarantees showing mixed trends

Oman pitches downstream aluminium opportunities to Indian industry

Sultanate highlights incentives, energy cost advantages and export access as it invites Indian manufacturers to invest in downstream aluminium operations

UP govt tables ₹9.12 trillion annual Budget with a 12.9% yearly increase

Uttar Pradesh's ₹9.12 trillion FY27 Budget ramps up infrastructure and capex, keeps the fiscal deficit below 3%, and pitches the state as India's next growth engine

UP allocates ₹43,565 crore for new initiatives in Budget 2026-27

The budget also proposes ₹580 crore for a new scheme to establish residential girls' schools in development blocks where Kasturba Gandhi Balika Vidyalayas are not operational

India-US deal: Some J&K fruit growers on edge, others call it opportunity

The fruit growers and dealers fraternity in general feel that the trade deal will be a severe blow to the Kashmir economy which significantly depends on horticulture

How to generate employment for the world's 1.2 billion new workers

Over the next 10 to 15 years, 1.2 billion young people in developing countries will come of working age - a scale the world has never seen

All key sensitive sectors protected under India-US trade pact: Comm Secy

He said India-US working to convert joint statement into a legal agreement, which is expected to be finalised and signed before March end

US drops pulses, digital services tax from fact sheet on India trade deal

The US has revised its interim trade deal fact sheet with India, removing pulses from tariff talks and softening language on India's $500 billion purchase plans, even as negotiations continue

US-Bangladesh trade agreement unlikely to dent India's auto exports

The US-Bangladesh reciprocal trade pact is unlikely to materially affect India's auto and auto component exports, analysts say, despite tariff concessions and wider market access for Dhaka

Datanomics: $500 billion imports in five years need 3.75x increase

Despite tariff cuts, india's plan to import $500 billion of us goods in five years far outpaces historical trade flows

On India-US table: Locking in duty-free electronic transmissions

Under a WTO moratorium, countries do not levy Customs duties on cross-border e-commerce transactions such as the download of software, e-books and similar products

India-US trade deal: India gets expanded market access for agri exports

During 2024, India's agricultural exports to the US stood at $3.4 billion - excluding marine products, while imports were $2.1 billion

'Certain pulses' could be new flashpoint for India under trade deal with US

Pulses were not part of the items mentioned in the joint statement for the interim framework, and the fact-sheet too does not clarify which pulses are being included

January retail inflation likely to hit 2.4-3%: Business Standard poll

The old-weight estimates place January CPI inflation at 2.5 per cent- 2.6 per cent, while the new-weight estimates span 2.45 per cent to 3.2 per cent

India-EU trade deal brings together one-fourth of world economy: Comm Secy

He said that the two sides offer a lot of synergies, which is important in today's world, where people are facing a lot of turmoil and challenges in global trade

Power sector reforms central to tackling India's climate finance problem

Accounting for nearly half of India's $22.7 trillion net zero investment needs, the power sector has emerged as the biggest challenge in mobilising long-term climate finance

India's net-zero drive to require $300 bn annual investment: StanChart

India will require annual investments of up to $300 billion from corporates to meet net-zero goals, even as most companies have adopted climate strategies, a Standard Chartered report said

India's net zero roadmap sees coal demand peaking by 2050 before steep fall

Niti Aayog's Net Zero reports project coal demand rising till 2047 even as India scales up clean energy, electrifies industry and transport, and targets net zero emissions by 2070

Bringing urea under NBS scheme faces farmer income, pricing challenges

Pilot trials using Agri Stack and farmer IDs to rationalise urea use have shown promise, but issues of bringing urea under the Nutrient Based Subsidy and rationalising retail prices remain