Economy

India's 100 GW nuclear energy target requires ₹25 trn investment: TERI

TERI said India will need sustained annual nuclear capacity additions and policy support for SMRs to achieve its 100 GW nuclear energy target by 2047

Statsguru: Skewed priorities in priority sector lending across districts

A report by the Economic Advisory Council to the Prime Minister has flagged sharp regional imbalances in priority sector lending and called for a more equity-focused PSL framework

Labour codes, state shop laws create compliance grey zone for firms

Experts say overlaps between Labour Codes and state Shops and Establishments Acts may create compliance uncertainty for companies across working hours and leave rules

India, other oil buyers to negotiate transit corridors with Iran: Moody's

In a global report on geopolitical risks, Moody's said there is little prospect of a swift and durable settlement between the US and Iran and with it the full reopening of the Strait of Hormuz

Weekly economy wrap: Gold duty hike, fuel shock test India's economy

India moved to conserve foreign exchange, contain prices and secure energy supplies as the West Asia crisis tested external accounts and growth forecasts

FTAs, lower import duties to boost India's FDI flows: ADB chief economist

During 2021-22, India attracted net Foreign Direct Investment (FDI) of $38.6 billion, which came down to $28 billion in FY23 and further fell to $10.2 billion in FY24

North America, NE Asia, Latin America make up over 35% of India's exports

The strongest momentum came from North-East Asia, where exports surged 21.6 per cent to $41.6 billion, raising the region's share to 9.4 per cent of India's total exports

CNG prices increased by Re 1 in Delhi-NCR, second hike in two days

CNG will now cost Rs 80.09 per kg in Delhi and Rs 88.70 per kg in Noida-Ghaziabad after the latest increase

Govt imposes curbs on silver imports after sharp rise in shipments

The notification from the DGFT comes within a week of the government raising the duty on the import of the precious metal to 15 per cent from 6 per cent

Govt restricts 99.9% silver bar imports, permit now mandatory for category

Under the revised policy, imports of silver bars containing 99.9 per cent or more silver by weight, as well as other silver bars under specific HS codes, will now require authorisation

Intra-Brics trade just 5% of global, shows huge potential: Commerce Secy

BRICS is a grouping of 11 developing countries - Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and the United Arab Emirates

Can India build a China-like super grid for its clean energy push?

China built its super grid over two decades through massive state investment and planning. Experts explain whether India can realistically replicate

India, UAE sign six agreements on LPG and strategic oil reserves

India and the UAE signed six agreements covering energy, defence and shipping, while UAE entities announced investments worth $5 billion in India

OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses

Petrol now costs ₹97.77 per litre in Delhi, up from ₹94.77 a litre earlier, while diesel prices have been raised to ₹90.67 per litre

India's exports at 4-year high, but bullion imports widen trade deficit

India's merchandise exports and imports recorded double-digit growth in April despite supply chain disruptions caused by the ongoing conflict in West Asia

Inflation prints: Wholesale, retail paths diverge amid West Asia turmoil

Over financial years 2017-2026, the volatility of WPI, measured by standard deviation, was almost three times higher than that of CPI, according to the rating agency

Steel import curbs delay implementation of India-UK free trade agreement

UK steel import curbs have emerged as a key hurdle delaying the operationalisation of the India-UK free trade agreement, officials said

Voluntary consumption cuts better than sharp fuel price hikes: Officials

India is relying on voluntary fuel conservation and restrained price hikes to shield consumers from the impact of the ongoing West Asia energy shock

Datanomics: Why trade imbalance with Vietnam is a concern for India

Trade deficit with Vietnam widening since FY19

₹2,250 cr infusion may be enough for Axis Fin's growth needs for 3.5 years

Axis Finance's Rs 2,250-crore capital infusion from Axis Bank and Kedaara Capital is expected to support the NBFC's growth and delay upper-layer classification