Economy

Iran, India discuss boosting energy ties as trade prospects reopen: Report

Iran and the United States signed an interim deal, after which Washington issued a temporary license for the export of Iranian energy products

India plans to value its coal reserves in rupees: What does it mean?

MoSPI has proposed a framework to assign a monetary value to India's coal reserves. Here's what natural capital accounting means and why it differs from pricing coal

India, US very close to finalising trade deal, says Piyush Goyal

India and the US are nearing a trade agreement, with New Delhi seeking preferential terms to secure a competitive edge over rival exporting nations

India set to approve Geely-backed investment of $370 mn as China ties thaw

The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains

El Niño set to further disrupt India's $300 bn agricultural supply chain

A prolonged delay in monsoon rainfall is disrupting kharif crop planting and raising concerns over agricultural output amid the emergence of El Niño conditions

India, US end latest trade talks with no clarity on proposed interim deal

Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer reviewed key trade issues, but negotiations offered few signals on when an interim agreement may be concluded

10-year govt bond yield at three-month low as RBI eases rate worries

The benchmark 10-year bond yield fell 6 basis points to 6.80 per cent as RBI Governor Sanjay Malhotra's remarks eased rate-hike concerns

Nearly 70% fresh e-Shram registrations are women, shows govt data

The report said regardless of regions and the formal or informal nature of employment, women are over-represented in domestic work and own-use production, public administration, education and health

India-China border trade via Lipulekh Pass to resume after 6 years

India-China border trade via Lipulekh Pass resumes after six years, with the first batch of 26 traders set to enter Tibet on June 26

ADB offers assistance to develop industrial, logistics infra in West Bengal

ADB has proposed funding economic regions, logistics hubs, industrial corridors and tourism projects to accelerate infrastructure-led growth in West Bengal

Odisha plans engineering department overhaul as capex utilisation slows

The state is considering cadre reforms and restructuring engineering wings after manpower shortages hindered utilisation of one of India's largest capital expenditure allocations

Welfare bills, rising commitments drag 4 states from surplus to deficit

Karnataka, Telangana, Chhattisgarh, and Bihar saw revenue balances weaken between FY23 and FY25 as spending outpaced receipts: CAG

Mospi to launch India's first monthly services output index on July 14

The new monthly indicator will track short-term changes in services-sector output and serve as the counterpart to the Index of Industrial Production

Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P

The rating agency expects higher inflation, a possible RBI rate hike and slower economic growth amid energy market disruptions and below-normal monsoon conditions

West Bengal govt unequivocally pro-business, says FM Swapan Dasgupta

Finance Minister Swapan Dasgupta says the state will pursue a pro-business policy framework, revive industrial incentives and align more closely with the national economy

Odisha plans ₹50,000 crore maritime infra push with port, shipbuilding hub

The state plans a greenfield deep-sea port at Bahuda and a shipbuilding cluster near Paradip as it seeks to strengthen its strategic maritime position

India, US review trade pact progress, no clarity yet on interim deal

India, US wrap up ministerial talks on first phase of bilateral trade pact ahead of tariff deadline

CBDT readies strategy for meeting ₹26.97 trillion direct tax target

CBDT has drawn up a multi-pronged strategy to achieve its ₹26.97 lakh crore direct tax target, backed by strong early collections

Iran to accept oil payments in any currency: What it could mean for India

Iran's central bank said oil export payments are not limited to the US dollar, highlighting greater flexibility as negotiations with Washington move forward

Russia, India working to boost bilateral trade volumes: Kremlin spokesman

India and Russia aim to boost bilateral trade to $100 billion by 2030, strengthening their "privileged partnership" across key economic sectors