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Economy

RBI Guv Malhotra signals lower rates for longer, trade deal growth boost

MPC keeps repo, stance unchanged; awaits new data series

RBI Guv Malhotra signals lower rates for longer, trade deal growth boost
Updated On : 06 Feb 2026 | 11:58 PM IST

₹9,200 cr scheme for development of water metro systems in the pipeline

Draft guidelines say vessels for ops to be procured via local shipyards

₹9,200 cr scheme for development of water metro systems in the pipeline
Updated On : 06 Feb 2026 | 11:30 PM IST

New policies in works for faster decision-making: Gadkari on Invit push

Kahi problemach nahi (there's no problem). The NHAI is economically sound, and it has an AAA rating, Union Road Transport and Highways Minister Nitin Gadkari said

New policies in works for faster decision-making: Gadkari on Invit push
Updated On : 06 Feb 2026 | 11:29 PM IST

India's imports from China dip in multiple sectors in 2024-25: MoS Prasada

On the other hand, the export of mobile phones has increased from ₹1,566 crore in 2014-15 to more than ₹2,05,017 crore in 2024-25

India's imports from China dip in multiple sectors in 2024-25: MoS Prasada
Updated On : 06 Feb 2026 | 2:42 PM IST

Despite Donald Trump's punitive tariff, India keeps importing Russian oil

India gets deep discounts on Russian crude and its exports of petroleum products to China have increased

Despite Donald Trump's punitive tariff, India keeps importing Russian oil
Updated On : 06 Feb 2026 | 11:55 AM IST

Russian oil tankers position close to India amid lack of clarity on US FTA

Officials of Indian refiners evaluating Russian crude alongside other grades from Brazil, Angola and UAE

Russian oil tankers position close to India amid lack of clarity on US FTA
Updated On : 05 Feb 2026 | 11:38 PM IST

Unspent ₹43,636 cr lies in states' SNA accounts despite higher allocations

More than Rs 43,000 crore remains unutilised in states' SNA accounts under major centrally sponsored schemes, even as Budget sharply raises allocations for education, water and nutrition programmes

Unspent ₹43,636 cr lies in states' SNA accounts despite higher allocations
Updated On : 05 Feb 2026 | 11:36 PM IST

India, GCC sign ToR to restart free trade talks after three-year pause

India, the six-nation GCC bloc have signed the terms of reference for a proposed free trade agreement, formally setting the stage for negotiations aimed at boosting trade, investment, strategic ties

India, GCC sign ToR to restart free trade talks after three-year pause
Updated On : 05 Feb 2026 | 11:35 PM IST

Trade deal: 18% US tariff to kick in after joint statement in 4-5 days

Goyal says first tranche of 'formal' pact by mid-March

Trade deal: 18% US tariff to kick in after joint statement in 4-5 days
Updated On : 05 Feb 2026 | 11:13 PM IST

Tariff cut puts Indian toys, games back in game in US: How it's faring

Renewed interest from US, EU and UK buyers after tariff cuts is positioning India as a key sourcing hub for global toy majors ahead of the Autumn-Winter 2026 season

Tariff cut puts Indian toys, games back in game in US: How it's faring
Updated On : 05 Feb 2026 | 10:46 PM IST

Venezuela long-standing energy partner, India open to crude sourcing: MEA

India said Venezuela has been a long-standing energy partner and New Delhi remains open to exploring crude supply options based on commercial merit, even as energy security stays the top priority

Venezuela long-standing energy partner, India open to crude sourcing: MEA
Updated On : 05 Feb 2026 | 9:37 PM IST

India, US to sign first tranche of formal trade agreement by mid-March

India and the United States are set to sign the first tranche of a formal trade agreement by mid-March, Commerce and Industry Minister Piyush Goyal said, following a joint statement expected shortly

India, US to sign first tranche of formal trade agreement by mid-March
Updated On : 05 Feb 2026 | 4:49 PM IST

'Commercial viability key': MEA says open to Venezuela, other crude sources

The MEA said India is open to sourcing crude from Venezuela and other countries based on commercial viability, adding that energy security for 1.4 billion people remains its top priority

'Commercial viability key': MEA says open to Venezuela, other crude sources
Updated On : 05 Feb 2026 | 4:39 PM IST

India, Gulf Cooperation Council sign terms of reference to begin FTA talks

Launch of FTA talks with the GCC would be a kind of resumption of the negotiations, as the earlier two rounds of negotiations were held in 2006 and 2008 between the two regions

India, Gulf Cooperation Council sign terms of reference to begin FTA talks
Updated On : 05 Feb 2026 | 2:45 PM IST

Why India is resetting GDP and CPI base years and what the change means

From shopping baskets to growth calculations, India is updating the base years for CPI inflation and GDP to reflect today's economy, a recalibration that will change headline numbers without altering

Why India is resetting GDP and CPI base years and what the change means
Updated On : 05 Feb 2026 | 2:21 PM IST

India, US likely to sign joint statement on trade deal in 4-5 days: Goyal

Commerce and Industry minister Goyal told reporters that a legal agreement for the first tranche of the pact is expected to be signed by mid-March

India, US likely to sign joint statement on trade deal in 4-5 days: Goyal
Updated On : 05 Feb 2026 | 1:50 PM IST

Ready to 'elevate' relationship with India, says US Ambassador Sergio Gor

Gor's comments follow a trade deal announcement between India and the US earlier this week, after almost a year of negotiations between the two countries

Ready to 'elevate' relationship with India, says US Ambassador Sergio Gor
Updated On : 05 Feb 2026 | 1:09 PM IST

India-US energy corridor talks focus on growth-driven energy priorities

The roundtable follows the February 2026 India-US trade framework, which identified energy and technology cooperation as core drivers of bilateral growth

India-US energy corridor talks focus on growth-driven energy priorities
Updated On : 05 Feb 2026 | 12:49 PM IST

India told Washington it wouldn't be bullied as trade talks resumed

India's national security adviser told US officials New Delhi would wait out Trump's term, even as it quietly worked to ease tensions and restart trade talks after months of tariffs and public insults

India told Washington it wouldn't be bullied as trade talks resumed
Updated On : 05 Feb 2026 | 9:33 AM IST

We framed this Budget on a larger plank, not based on any one incident: FM

The India-US trade deal, had it come a little earlier, would not have made the Union Budget any different, Finance Minister Nirmala Sitharaman said

We framed this Budget on a larger plank, not based on any one incident: FM
Updated On : 05 Feb 2026 | 6:02 AM IST