Economy

Why Sri Lanka is now an upper-middle-income country while India isn't

Sri Lanka has re-entered the World Bank's upper-middle-income group while India remains lower-middle income because the rankings are based on per capita income, not the size of the economy

El Niño threatens India's clean energy transition, may fuel coal reliance

India forecasts coal's share in nation's generation mix will fall to 64% by 2027 and 50% over next decade, but it remains at more than 70% even after drop in thermal power production last year

Can urban mining reduce India's dependence on overseas critical minerals?

As India pushes to recover critical minerals from waste, experts say recycling can strengthen supply security. But can it cut reliance on imports and overseas mining?

Act East: Ocean diplomacy at centre of PM Narendra Modi's 3-nation tour

Modi's visit to Indonesia, Australia, and New Zealand is likely to boost trade, defence and maritime security ties

Goyal, Jaishankar and Vaishnaw to visit Brussels for TTC talks with EU

Piyush Goyal says the Trade and Technology Council dialogue will complement the recently concluded India-EU free trade agreement, while India aims to conclude the Canada FTA within six months

15 vessels carrying urea, DAP, sulphur crossed Hormuz after US-Iran truce

The official statement said that of the remaining five vessels, three are carrying urea and one is carrying ammonia. All are scheduled to leave for India in the next few days

India's native black tiger shrimp stages comeback in premium export markets

India's indigenous Black Tiger shrimp has staged a strong export comeback, driven by disease-free breeding, improved farming practices and rising demand from China and Europe

India-UK trade pact set to spur growth in both nations: UKIBC chief

UKIBC chief Kishore Jayaraman acknowledged that some obstacles and challenges may yet come along the path of CETA implementation

Weekly economy wrap: Energy relief, slower PMI, monsoon concerns mark week

Fuel curbs were withdrawn and LPG prices fell as energy pressures eased, but softer PMI readings, a wider fiscal deficit and inflation risks kept policy concerns alive

Govt withdraws emergency gas curbs as LNG supplies normalise after crisis

The ministry said the situation has since improved, with a ceasefire in place, negotiations underway and maritime traffic through the Strait of Hormuz resuming

India-UK trade pact origin rules notified ahead of July 15 rollout

The finance ministry has notified rules for determining the origin of goods under the India-UK trade pact, clearing the way for the agreement's implementation from July 15

Industry leaders back E20 rollout, say years of testing found no concerns

Industry experts defended India's E20 rollout, saying the ethanol blending programme followed years of testing and consultations, with no major concerns found by automakers and research bodies

Assam's June GST collection jumps 15%, outpaces national average growth

The GST collection in June stood at ₹1,437 crore as against ₹1,255 crore in the same month last year

India-Peru FTA unlikely soon; Canada pact may close in 6 months: Goyal

India exported goods worth $1.4 billion to Peru during the last financial year, while imports stood at $8.87 billion, resulting in a trade deficit of $7.47 billion

Greater market access in China would strengthen ties: Indian Ambassador

India's envoy says wider access for pharmaceuticals and higher Chinese investment would benefit trade and improve overall relations between the two countries

India focuses on skilled mobility as NZ tightens immigration rules: MEA

MEA says India's priority is facilitating the movement of high-skilled professionals through trade agreements, ahead of PM Modi's visit to New Zealand

Datanomics: India sees trade deficit with Seychelles on aircraft imports

India's FY26 trade with Seychelles swung to a $267 million deficit as aircraft imports surged, despite 19 new agreements to strengthen defence, maritime security and infrastructure ties

PM Modi to launch ₹1 trillion projects in Rajasthan, Gujarat on Saturday

Prime Minister Narendra Modi will inaugurate a refinery-cum-petrochemical complex, a semiconductor facility and other projects worth about ₹1.06 lakh crore during his visit to Rajasthan and Gujarat

Kerala explores ₹60,000 crore high-speed rail, with partial public equity

The rail system may require about 1,000 MWh a day, which is equivalent to Rs 31.50 lakh worth of electricity being saved every day

GDP calculations get new yardstick with PPI deflator from June quarter

The move follows the latest IIP data set, which marked the shift from the WPI to the output PPI as the deflator for item groups where the output is collected in value terms