Economy

Jharkhand's economy projected to grow 5.96% in FY27: Economic Survey

The survey claimed that the economic growth in the 2024-25 fiscal was 7.02 per cent, exceeding the national rate of 6.5 per cent

Studying US Supreme Court's tariff ruling, Trump's remarks: Govt

The Indian government said it is examining the US Supreme Court ruling against President Trump's tariffs and the 10 per cent duty under Section 122, even as trade deal talks continue

Explained: What Trump's 10% global import tariff reset means for India

From 50% duties to a temporary 10% levy, US tariff rules on Indian goods have shifted, lowering costs for now while leaving sectoral duties and trade deal negotiations largely unchanged

India-Brazil trade to cross $20 bn in 5 yrs in 'win-win' deal: PM Modi

PM Modi and Brazilian President Luiz Inacio Lula da Silva held talks in New Delhi, focusing on boosting trade, technology, energy cooperation and strengthening strategic ties between the two nations

India faces reduced 10% US tariff after Trump announces new global levy

With the new 10% global tariff, Indian goods to the US will replace the earlier 18% tariff set under the interim trade agreement framework

Near-term outlook favourable to sustain high growth, says RBI report

RBI's monthly report says India's near-term outlook remains strong, supported by benign inflation, fiscal consolidation and renewed FPI interest after trade deals with the EU and the US

India-US interim trade pact may be rolled out in April: Piyush Goyal

A USTR delegation is expected to visit New Delhi in late March to sign the interim India-US trade deal, as negotiators meet in Washington to finalise the legal text ahead of April rollout

Govt publishes handbook on employer compliance under Labour Codes

Labour Ministry releases a handbook outlining 23 compliance actions for employers under the four Labour Codes, offering clarity ahead of final rules expected by the end of the fiscal year

NITI Aayog seeks major overhaul of India's apprenticeship ecosystem

NITI Aayog has proposed a unified apprenticeship mission, stronger industry participation and targeted incentives to address fragmentation, low completion rates and uneven engagement across India

Finalised trade pacts will be operational this year, says Piyush Goyal

Rollout of seven schemes under the ₹25,060 crore EPM also announced

India's new GDP series likely to see overhaul of inflation metrics

India's revised GDP series will introduce major changes in inflation adjustment for consumption, investment and trade, shifting toward granular deflators and global SNA standards to reduce volatility

India must review US trade deal after SC tariff ruling, says GTRI

GTRI says the US Supreme Court's decision striking down Trump's global tariffs frees most Indian exports from reciprocal duties, prompting a reassessment of the new bilateral trade deal

Govt updates merchandise trade index base year to FY23 for better accuracy

Government revises the base year for merchandise trade indices from FY13 to FY23 to capture structural shifts in India's trade basket and align the indices with current macroeconomic realities

Oil PSUs utilise 81% of FY26 capex by Jan as expansion drive accelerates

India's state-run oil companies have spent Rs 1.07 lakh crore - 81% of their FY26 capex target - by January, driven by aggressive investments in exploration, production and refinery expansion

New I-T Act to enable AI-driven, rule-based tax system from April 2026

CBDT chief Ravi Agrawal said the new Income Tax Act, effective April 2026, will create a rule-based, AI-enabled tax ecosystem aimed at reducing disputes, improving certainty and enhancing compliance

Core infra sectors growth slows down to 4% in January: Govt data

Crude oil and natural gas output recorded negative growth in January

Private sector growth hits three-month high in Feb as new orders pick up

Companies recruit additional staff and scale up output as sales improve

Govt announces seven measures, credit assistance to help boost exports

These measures are part of the ₹25,060 crore export promotion mission. Out of 10 components of the mission, three have already been rolled out in January

India-US interim trade pact to be operationalised in April: Piyush Goyal

He also said that India's free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April

India, US to hold 3-day talks from Feb 23 to finalise leagl text for ITA

Under the interim trade pact, both sides would extend duty concessions to each other on a number of goods traded between them