Economy

India's exports grow across regions, led by Africa, ASEAN in Apr-Aug

India's merchandise exports grew across key regions in April-August FY27, with shipments to Africa rising 47% to $26.19 billion and ASEAN exports surging 56% to $23.08 billion.

India-New Zealand FTA to boost New Delhi's trade diversification strategy

The trade pact, effective Tuesday, offers duty-free access to Indian exports, targeted tariff concessions and a $20 billion investment commitment as both nations aim to double trade by 2030

Indian refiners' fuel exports to West rise 43% amid Russian crude use

Reliance Industries Ltd's Jamnagar refinery in Gujarat supplied six of the seven cargoes unloaded at EU ports that month, despite the bloc's ban on fuel made from Russian crude

Delhi sets up DITI on lines of NITI Aayog, to act as premier advisory body

DITI will function as the Delhi government's premier advisory body for public policy, development strategy and institutional reforms, an official notification said

India to keep Russian oil imports near current levels after Trump waiver

India imported 1.82 million barrels per day of Russian crude in September, and Kpler expects October volumes at 1.8-1.9 million bpd after Trump waived sanctions and tariffs on major buyers

Trump's sanctions waiver offers India temporary relief, no certainty: GTRI

The think tank said the waiver offers temporary relief from threatened additional duties of up to 100% but leaves US free to revive the tariff threat, urging India to prioritise energy security

IIFCL, two Coal India units to list on D Street in FY27: Dipam Secretary

DIPAM Secretary Arunish Chawla said the "momentum" in stake sales and public offerings would continue in FY27

China's non-tariff walls a major export hurdle: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says China has denied market access to Indian products despite repeated requests, while calling for a review of India's trade pact with Asean.

Datanomics: India's capital productivity has declined in recent years

In its over 75-year journey since national accounts data has been available, the economy has delivered at least an eight per cent growth rate in seven years

India's GDP to grow 7.1-7.3% in FY27, pvt investment to revive: Deloitte

Deloitte India has raised its FY27 growth forecast from 6.5-6.8 per cent, citing sustained private demand and improving investment conditions, while flagging geopolitical risks.

PM Modi, Canadian foreign minister discuss concluding CEPA by year-end

The two sides discussed expanding trade and investment ties across energy, education, tech and security, with a Canadian trade mission to India as a step towards deeper Indo-Pacific engagement

India GDP to grow 7.1-7.3% in FY27 on private investment revival: Deloitte

However, geopolitical tensions, volatile energy prices and trade disruptions pose risks to the growth outlook, it added

India-US trade deal would be concluded at the earliest: Sitharaman

On trade with China, Sitharaman said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns

China's trade barriers remain a hurdle to closer bilateral ties: Sitharaman

Finance Minister said that Chinese non-tariff barriers are restricting Indian exports of generic drugs, beef, and vegetables, complicating efforts to strengthen trade and improve bilateral relations

Govt raises petrol export duty to ₹2.5/litre, cuts diesel duty to ₹8.5

The export duties ‌are currently reviewed every fortnight and adjusted in line ‌with movements ​in international crude ​oil and petroleum product prices

India's trade deficit widens to $30.21 bn in Sep from $26.86 bn in August

Merchandise exports jumped 23 per cent year-on-year to a four-month high of $44.40 billion, while imports rose nearly 11 per cent to $74.61 billion

Centre's net direct tax collection rises 13.2% to ₹13.38 trn till Oct 14

Gross direct tax collections stood at ₹16.03 trillion during the period, registering an annual growth of 14.89 per cent

India gains ground in cleantech manufacturing as supply chains diversify

Policy support, a large domestic RE market and the global push to diversify supply chains are drawing manufacturing investment to India, though batteries and upstream solar components need to catch up

India's current account deficit narrows to $5.2 billion in August: RBI data

India's current account deficit narrowed to $5.2 billion in August from $6.1 billion a year ago, while strong banking capital inflows helped the BoP post a $45.4 billion surplus

UP rooftop solar capacity reaches 3,000 Mw with over 900,000 installations

Uttar Pradesh has installed over 900,000 rooftop solar plants, taking capacity to 3,000 Mw, with daily additions of 9-10 Mw and an estimated 100,000 direct jobs created