Economy

Knowledge key for India to become $5 trillion economy, says Gadkari

Knowledge is the most powerful tool for India to become a USD 5 trillion economy and the third largest economy in the world, Union Minister Nitin Gadkari said on Monday.

Eight core sectors rebound to 1.8% growth in November after October dip

The Ministry of Commerce and Industry said that cement, steel, fertilisers and coal registered positive growth, while crude oil, natural gas, refinery products and electricity recorded declines

N-legislation SHANTI has solved 3rd-party liability issue fully: Kris Singh

India's SHANTI nuclear law aligns liability with global norms, easing investor concerns and opening India's nuclear sector to greater private and foreign investment, says Holtec CEO Kris Singh

India at advanced stage of talks on bilateral trade pact with US: Goyal

The India-US trade pact talks are crucial as both the countries are working to finalise the first tranche of the Bilateral Trade Agreement (BTA)

India, Canada to soon start talks to revive trade pact discussions: Goyal

India is at an advanced stage of negotiations for a bilateral trade agreement with the US, he said adding "this reflects the growing strategic importance of India in world geopolitics"

India will never open up dairy sector: Commerce Minister on New Zealand FTA

Commerce Minister Piyush Goyal said India has protected dairy and key farm sectors in the India-New Zealand FTA, underlining that dairy will never be opened up in trade negotiations

India-New Zealand trade deal finalised: Which sectors are set to gain?

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

India seals FTA with New Zealand, gets zero duty access for all exports

The India-New Zealand FTA offers zero-duty access on all Indian exports, tariff cuts on 70 per cent lines, a $20 billion FDI commitment and expanded services and visa pathways

India-New Zealand FTA concludes: What the trade deal means for both nations

India and New Zealand have concluded a Free Trade Agreement after nine months of talks; the deal cuts tariffs, boosts trade, opens jobs and creates new visa routes for Indian professionals

India-New Zealand FTA to bring in $20 bn investment, visa access boost

The India-New Zealand FTA promises $20 billion investment over 15 years, zero-duty access for Indian exports and a new capped skilled visa pathway for Indian professionals

Cheap oil-linked LNG supply to India trumps US gas amid trade talks

Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks

Trade agreement between India and EAEU to exclude areas of services

The Eurasian Economic Union comprises five countries - the Russian Federation, Kazakhstan, Belarus, Armenia and Kyrgyzstan

Water-soluble fertiliser imports steady despite China export crackdown

Between January and November 2024 and 2025, data show that speciality water soluble fertiliser imports from China dropped by just 8.7 per cent, while overall it rose by 8.8 per cent

Job transition with AI will not be as dramatic as feared: Susan Athey

Susan Athey talks about the impact of artificial intelligence (AI) on the workforce and the economy and how interoperability is important for competition in the digital space

Railways hikes passenger fares for 2nd time in FY26; move may add ₹600 cr

'Modest' fare hike to have minimal impact on passengers while adding ₹600 crore to railway revenues, officials say, as costs rise and freight rates remain unchanged

We are still the world's most over regulated economy: Gurcharan Das

At BELF 2025 in Kolkata, author Gurcharan Das said India remains heavily over-regulated, called the 'tariff king' tag an insult, and urged the moment be used to push reforms

Near-term impact on Indian drugmakers unlikely from US pricing policy

Analysts say the US move to link drug prices to the lowest global benchmarks targets patented medicines, limiting near-term risks for India's largely generic-focused exporters

Growth in Northeast has been transformational: Jyotiraditya Scindia

Northeast is growing 1.6x faster than India, with ₹4.48 trillion in investment commitments and a push on logistics, credit and connectivity, says Scindia

Name changer or game changer? MGNREGA replaced with 125-day promise

President Murmu clears the Viksit Bharat Rozgar Act, raising guaranteed rural workdays to 125 and overhauling funding norms, seasonality rules, and budget limits

India will surpass Germany to become third-largest economy by 2027: Scindia

India's economy has leapt from the 10th position 12 years ago to fourth, leaving behind Japan, he said. By the end of 2027, we will surpass Germany to become the world's third-largest economy