Economy

Belgian PM to focus on diamonds, defence, maritime ties during India visit

Bart De Wever's three-day visit will explore deeper trade and investment ties, defence and maritime cooperation, and opportunities from the India-EU free trade agreement

MoSPI defends GDP estimates, explains negative manufacturing deflator

Statistics ministry says faster rise in input prices than output prices led to negative manufacturing deflator, rejects concerns over revisions and discrepancies

India must review green finance norms to fund nuclear energy: NITI member

Abhay Karandikar says nuclear energy should get access to green finance, while India must build specialised skills and capacity to achieve its 100 GW target by 2047

Canadian pension fund La Caisse buys 24% in Altius for ₹12,100 crore

Investment comes ahead of Altius' planned transition to a publicly listed InvIT through an offering expected to raise around Rs 6,000 crore

India's economy can near $20 trn by 2046 if current growth pace holds: CEA

The economy doesn't need "heroic assumptions" to meet that target, Chief Economic Adviser V Anantha Nageswaran said

UP Higher Education Incentive Policy 2024: Key features, incentives, eligibility and implementation

The policy is a financial-incentive framework intended to encourage sponsoring bodies to establish new private universities in Uttar Pradesh

India-Sacu pact could reshape New Delhi's emerging-market trade strategy

The proposed preferential trade agreement could open new export markets, diversify critical mineral supplies and test whether calibrated deals with developing economies can complement India's recent d

Shun foreign holidays, avoid buying gold: PM Narendra Modi renews appeal

PM cites India's 7.8 per cent June-quarter GDP growth to renew his Swadeshi pitch, urging citizens to embrace self-reliance and sustain economic momentum

Datanomics: Falling prices give a boost to manufacturing's real growth

Manufacturing prices fell in Q1 even as real growth outpaced nominal growth, pointing to deflationary pressure unlike agriculture and services

India's sugar flip-flop highlights fault lines in agri trade policy regime

The decision to import 1 MT of raw sugar after allowing exports earlier in the season has revived questions over crop estimates, policy predictability and the cost of repeated trade interventions

Decoding DGFT's INR settlement rules and Customs re-export deadlines

DGFT's latest notification aligns INR export proceeds with foreign-currency realisation, while Customs clarifies when the six-month re-export clock begins

Manufacturing PMI falls to 5-year low in August amid sales slowdown

New orders and output expanded at their weakest pace in five years, while manufacturing employment contracted for the first time in two-and-a-half years

Net GST revenue receipt up 8.3% in August at ₹1.68 trillion, shows data

Import-related GST revenue surged 29 per cent year-on-year, outpacing domestic growth, while net collections rose 8.3 per cent to ₹1.68 trillion

Govt brings back duty on petrol exports from Sept 1, cuts levy on ATF

Diesel export duty rises to Rs 25 per litre and petrol attracts a Rs 1.5 levy, while the export duty on aviation turbine fuel falls to Rs 19 per litre

India's current account deficit widens to $4.2 bn in Q1 as trade gap grows

Balance of payments recorded a deficit of $8.1 billion in Q1FY27 as portfolio outflows weighed, compared with a surplus of $4.5 billion in the year-ago quarter

From crises to inflation: What RBI Governors' speeches tell us about policy

From Subbarao and Rajan's crisis-era outreach to Patel's reticence and Das' Governor's Statements, the RBI's communication has evolved alongside India's economic challenges

India's current account deficit widens to $4.2 billion in Q1: RBI data

Merchandise trade deficit at USD 86.1 billion in the April-June period of 2026-27 was higher than USD 68.9 billion in the first quarter of 2025-26.

India, Zambia resume talks on copper, critical mineral investments

Officials from India's Mines Ministry held preliminary talks with Zambia on August 26 as New Delhi seeks overseas sources of copper and other critical minerals

Weak monsoon threatens India's key crops, raises risk of food price rise

India faces below-normal rainfall in September after a 14% deficit through August, raising concerns over soil moisture and crops including rice, sugar cane and soybeans

Manufacturing PMI slips to 52.8 in August, weakest expansion in five years

India's manufacturing sector expanded at its weakest pace in five years in August as output and new orders slowed, while employment fell for the first time in two-and-a-half years