Economy

Govt clears CoalSETU window to auction coal linkages for all uses, exports

This is the first time coal linkages are being opened without end-use restrictions. It is aimed at expanding access to domestic coal, improving resource utilisation and reducing import dependence

Rupee falls to new low as sentiment remains negative amid trade deal delay

The currency, Asia's worst performer in 2025, saw mild RBI intervention as FPIs sold over ₹14,000 crore in equities this month

Right time for mkt-linked DAP rates with minimal farmer impact: FAI chief

FAI chief S Sankarasubramanian says buying fertiliser assets abroad could keep value capture outside India; FY27 subsidy requirement may be lower as global prices are softening

RBI deputy governor warns of stablecoin risks, dismisses claims of utility

India is currently running a retail and wholsesale pilot for its central bank digital currency, which has about 7 million users

Retail inflation rises marginally to 0.71% in Nov on higher food prices

November CPI-based inflation: The food inflation in November stood at -3.91 per cent, marking an increase from -5.02 per cent in October

Piyush Goyal hosts Italy's deputy PM to boost strategic and economic ties

Goyal further noted that dinner also brought together top industry leaders from India and Italy, during which constructive discussions were held on new collaborations across multiple sectors

Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment

Datanomics: Better Russia ties likely to push shipbuilding sector

India's shipbuilding ambitions gain traction as Russia eyes joint polar-vessel production and HD Hyundai plans a Tamil Nadu shipyard, even as private yards outpace public ones

Rupee hits fresh low on outflows and US trade deal delay; bond yields ease

Rupee depreciated to a fresh all-time low as foreign outflows and uncertainty over the US-India trade deal pressured sentiment, while an RBI OMO purchase auction helped soften government bond yields

No hard stop set in India-US trade discussions, says Piyush Goyal

Piyush Goyal says India and US are negotiating a trade deal without fixed deadlines, stressing steady progress and mutual benefit as both sides work to resolve pending issues

Mexico imposes up to 50% tariff on imports from India and China

Mexico's decision to levy tariffs of 5-50% on over 1,400 products from India and other Asian nations has alarmed exporters already hit by US duties, with engineering goods and automobiles

India's crude oil loadings from Russia dip, but robust in December

Unless wider secondary sanctions are introduced, India is expected to continue sourcing from non-sanctioned Russian suppliers, say experts

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

Fitch says most Indian firms shielded from rupee swings through hedging

Fitch says most Indian corporates have natural hedges or strong FX cover on foreign-currency debt, though renewables, utilities and toll road operators remain more exposed to rupee weakness

Parl panel asks govt to scale up Bharat Small Modular Reactors platform

It has recommended that NPCIL, with the Department of Atomic Energy (DAE) and Bhabha Atomic Research Centre (BARC), fast-track the development and deployment of advanced indigenous reactors

Uttar Pradesh govt funnels 11 new FDI proposals worth ₹13,610 crore

The US, Japan, Belgium, the United Kingdom, Poland, and Singapore are among the state's key global investment partners

FinMin streamlines recruitment, result timelines for public sector banks

This systematic sequencing is designed to assist candidates in expressing their preferences promptly and making well-informed decisions

Donald Trump risks being 'president who lost India', warns US lawmaker

Sydney Kamlager-Dove issued the warning during a congressional hearing on the US-India Strategic Partnership, citing rising tensions over tariffs, visa fee hikes, and Trump's political grievances

Trade deal with India would enhance bilateral ties: US representative

US Representative Huizenga stressed that every American administration, whether Republican or Democrat, has strengthened ties, or certainly at least attempted to

India-US trade deal likely by March 2026, FY27 outlook strong: CEA

Chief Economic Advisor V Anantha Nageswaran's comments come amid a series of exchanges between the two sides to reduce trade barriers