Economy
Global North must stop growing for India to catch up in prosperity: Piketty
Thomas Piketty says rich nations must curb growth and cut fossil-fuel use if countries like India are to achieve developed-world living standards by 2100
 "Global North must stop growing for India to catch up in prosperity: Piketty")
India may overtake China in share of global GDP in PPP terms by 2060
A World Inequality Lab study suggests India could surpass China in share of global GDP in PPP terms by around 2060 under a convergence scenario
 "India may overtake China in share of global GDP in PPP terms by 2060")
India likely to pursue FDI commitment under proposed CEPA with Canada
New Delhi may pursue an investment commitment under the proposed CEPA with Canada, mirroring recent trade agreements that included long-term foreign direct investment targets
 "India likely to pursue FDI commitment under proposed CEPA with Canada")
Rupee depreciation: India's GDP, per capita GDP could shrink in dollars
Rupee fall to show shrunk FY26 GDP in dollars
 "Rupee depreciation: India's GDP, per capita GDP could shrink in dollars")
We may roll out 9 free trade agreements in next 10 months: Piyush Goyal
Commerce Minister Piyush Goyal said nine recently signed free trade agreements are expected to become operational within 10 months, with several more trade pacts in the pipeline
 "We may roll out 9 free trade agreements in next 10 months: Piyush Goyal")
India-Venezuela oil marketing companies to explore energy agreements
Prime Minister Narendra Modi and Venezuelan Acting President Delcy Rodriguez discussed energy cooperation, critical minerals, pharmaceuticals and trade expansion
 "India-Venezuela oil marketing companies to explore energy agreements")
Govt plans flex-fuel sale at 5K pumps by 2027-end: Hardeep Singh Puri
Oil marketing companies will begin selling flex fuel at select outlets in NCR and the Mumbai-Pune-Nagpur corridor before expanding nationwide
 "Govt plans flex-fuel sale at 5K pumps by 2027-end: Hardeep Singh Puri")
Agriculture needs dual approach to tackle El Nino, build climate resilience
El Nino is a natural phenomenon in the eastern Pacific Ocean that influences global weather patterns, including India's monsoon
 "Agriculture needs dual approach to tackle El Nino, build climate resilience")
India-US discuss trade, non-tariff measures; reaffirm commitment to BTA
Negotiators held four days of discussions on goods, customs, trade facilitation and economic security, while fresh US tariff proposals emerged during the talks
 "India-US discuss trade, non-tariff measures; reaffirm commitment to BTA")
India should audit existing FTAs to assess effectiveness: Report
After the trade deal, India's exports to the UAE have risen by $13 billion over the past four years, while imports have increased by $24 billion
 "India should audit existing FTAs to assess effectiveness: Report")
India considers budget cuts as oil price surge threatens fiscal targets
The government is wary of increasing borrowing beyond budgeted levels because additional debt issuance could push bond yields higher, officials familiar with the matter said
 "India considers budget cuts as oil price surge threatens fiscal targets")
Flex-fuel can help India cut oil imports, emissions: Maruti Suzuki CEO
A flex-fuel vehicle has an internal combustion engine that is designed to run on alternative fuel made by combing petrol with ethanol or methanol
 "Flex-fuel can help India cut oil imports, emissions: Maruti Suzuki CEO")
India should reassess FTAs, modernise investment screening: Report
The report also addresses the contested question about economic engagement with China amid strategic competition and manufacturing dependence
 "India should reassess FTAs, modernise investment screening: Report")
US trade body proposes 12.5% duty on India, others on forced labour gaps
The USTR move comes as India and the US work through an interim trade pact, raising compliance questions for exporters in textiles, apparel and other supply chains
PM Modi meets Citigroup Chair Jane Fraser, discusses investment plans
The Prime Minister and Citi Chair Jane Fraser discussed investment opportunities, capital flows, artificial intelligence and alternative energy as part of India's long-term growth agenda
 "PM Modi meets Citigroup Chair Jane Fraser, discusses investment plans")
Industry seeks faster disposal of high-value GST disputes, appeal relief
With GSTAT benches becoming operational, industry bodies have urged the government to fast-track large disputes and extend the June 30 deadline for filing appeals
 "Industry seeks faster disposal of high-value GST disputes, appeal relief")
El Nino's local impact may outweigh overall monsoon deficit, warn experts
Experts say the spatial distribution of rainfall and longer monsoon breaks could have a greater impact on farmers and rural livelihoods than the overall seasonal rainfall deficit
 "El Nino's local impact may outweigh overall monsoon deficit, warn experts")
US-India trade deal 99% complete, final talks under way: US envoy Gor
US Ambassador Sergio Gor said negotiators are working through the final technical and legal issues as both sides push to conclude the long-pending trade agreement
 "US-India trade deal 99% complete, final talks under way: US envoy Gor")
USTR proposes 12.5% extra tariff on India amid trade deal negotiations
The proposed tariff action, linked to a Section 301 investigation into forced labour import prohibitions, comes as Indian and US officials negotiate a bilateral trade agreement in New Delhi
 "USTR proposes 12.5% extra tariff on India amid trade deal negotiations")
OECD raises India's FY27 growth forecast, warns of energy-shock risks
The OECD has raised India's FY27 growth forecast to 6.3 per cent but cautioned that higher energy prices, inflationary pressures and supply disruptions could weigh on the economy
 "OECD raises India's FY27 growth forecast, warns of energy-shock risks")