Economy

Centre seeks stakeholder views on medical devices exempt from GTE norms

Department of Pharmaceuticals invites stakeholder comments on proposed additions and deletions to the list of medical devices exempted from Global Trade Enquiry requirements

India's core sector growth slows to seven-month low of 0.5% in May

Coal output contracted 9.3 per cent in May, marking a 10-month low, while growth in petroleum refinery products slumped to a 42- month low of -8.7 per cent

Foreign currency inflows to support domestic liquidity: RBI's MPC member

The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya

World Bank approves $1.5 bn loan to support India's reforms, job creation

The programme builds on reforms undertaken in recent years, including tax simplification, trade integration, regulatory changes, and measures to improve the business environment

India's core sector growth slows to seven-month low of 0.5% in May

The expansion during the month under review is slightly down compared to April, when these sectors grew by 1.8 per cent

India seeks tariff advantage over peers in push to finalise US trade deal

New Delhi is seeking tariff concessions superior to those offered to competing Asian economies as it works towards finalising a bilateral trade agreement with the United States

OMCs' fuel marketing margins back above pre-conflict levels: Report

Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent West Asia conflict

Govt imposes anti-dumping duty on chemical imported from China, EU, US

The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier

Spending on experiences to outpace physical goods in India: Report

Indian households are expected to increase spending on experiences faster than physical goods through 2030, with hotel accommodation emerging as the fastest-growing category

Rural women need financial confidence, not just bank account access now

Financial literacy can help rural women move beyond account access to claim rights, detect fraud and lead family finances with confidence as migration reshapes rural homes

India pushing for preferential market access in US trade deal: Piyush Goyal

Commerce Minister Piyush Goyal said negotiations on the US trade deal are taking longer than expected due to a 50% tariff on Indian goods, while India continues to seek preferential market access

Decoded: What is 'sunset clause', why India may seek one in US trade deal?

Why is India considering a sunset clause in its proposed US trade deal? Here's what the provision means and how it could help New Delhi navigate tariff uncertainty

Weekly policy watch: PMI data, US trade talks, forex reserves in focus

India's policy calendar this week will track business activity, trade negotiations with the US and forex reserve trends amid global uncertainty

Upstream oil PSUs may see greater focus on exploration in evaluations

The oil ministry is considering increasing the weightage of exploration activities in the performance assessment of upstream oil PSUs to boost domestic hydrocarbon discoveries

Apprenticeship applications at six-year low in 2025 despite vacancies

Applications under the National Apprenticeship Promotion Scheme fell to a six-year low in 2025, exposing a widening gap between vacancies and candidate participation

India may seek sunset clause in US trade pact amid tariff concerns

India may seek an automatic review clause in its interim trade deal with the US, aiming to safeguard tariff concessions amid evolving American trade policies

Stir over Karnataka's AI city grows amid land acquisition concerns

Karnataka's ₹18,000-crore AI city near Bengaluru faces growing resistance as farmers oppose land acquisition, citing threats to livelihoods, agriculture and green cover

iPhones fuelled 47.24% surge in smartphone exports to US in April

India's smartphone exports to the US surged 47% in April, led by Apple, underscoring the company's continued push to expand iPhone manufacturing in the country

Draft satcom spectrum rules call for layers of security approvals

Draft spectrum rules mandate additional government clearance for satcom firms before public rollout, even after spectrum allocation

Shaping a fresh narrative as India-US ties enter a transactional phase

Modi and Trump's G7 meeting suggested India-US ties are entering a more transactional phase, with trade and trust taking centre stage