Economy

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

Rupee extends rally for fifth consecutive session as crude, dollar soften

The rupee gained for a fifth straight session to close at 95.06 against the dollar as crude oil prices and US yields eased, while forward premiums surged on FERR-related unwinding

Current account deficit narrows to $5.2 billion in August: RBI data

The net deficit in the merchandise trade account declined to $26.6 billion in August from $27.6 billion in the same month last year

When India said 'no' at WTO: A stand that still protects food security

On World Food Day, a look at how India's refusal to clear a WTO trade pact in 2014 helped preserve public stockholding safeguards, protecting farmers and food security programmes

RBI should curb non-essential LRS outflows, scrutinise ODI: SBI Research

SBI Research has called for curbs on non-essential foreign exchange remittances and closer scrutiny of overseas investments to ease rupee pressure amid global uncertainties

Bank deposits hit record $3 trillion, boosted by dollar deposits scheme

India's banking system deposits reached a record ₹284 trillion in September, aided by the RBI's discounted dollar swap scheme, which attracted around $133 billion in inflows.

India's WPI inflation may breach 12%, retail 6% in October: Ind-Ra

India Ratings expects wholesale inflation to exceed 12 per cent and retail inflation to breach 6 per cent in October, driven by adverse base effects, weather conditions and rising energy prices.