Tuesday, June 30, 2026 | 02:05 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Economy

CBAM explained: Why Europe's carbon tax matters for India's exporters

As carbon border taxes gain traction globally, India's MSME exporters face higher compliance costs and competitiveness risks in key markets such as the European Union

CBAM explained: Why Europe's carbon tax matters for India's exporters
Updated On : 30 Jun 2026 | 1:08 PM IST

China's factory activity returns to expansion on AI-driven demand surge

The official manufacturing PMI rose to 50.3 in June, exceeding market expectations and signalling renewed growth in the sector

China's factory activity returns to expansion on AI-driven demand surge
Updated On : 30 Jun 2026 | 9:48 AM IST

US-India trade deal nearing completion after 18 months of talks: Sergio Gor

US envoy to India was bullish about the bilateral relationship and cited the personal equation between US President Donald Trump and Prime Minister Narendra Modi which was driving the ties

US-India trade deal nearing completion after 18 months of talks: Sergio Gor
Updated On : 30 Jun 2026 | 8:20 AM IST

40-day oil buffer plan enters action phase with five new SPR projects

The West Asia crisis has intensified concerns over India's ability to withstand global oil supply disruptions

40-day oil buffer plan enters action phase with five new SPR projects
Updated On : 30 Jun 2026 | 7:41 AM IST

Datanomics: GST turns 9, collections see slower growth in recent years

GST enters its 10th year with slab reforms underway, but key sectors remain outside the tax net as revenue growth and tax-GDP gains trail expectations

Datanomics: GST turns 9, collections see slower growth in recent years
Updated On : 29 Jun 2026 | 10:51 PM IST

Mospi pushes harmonised data ecosystem to power citizen-centric governance

Statistics Secretary Saurabh Garg says harmonising administrative data across departments will improve interoperability, AI-driven analytics and evidence-based policymaking

Mospi pushes harmonised data ecosystem to power citizen-centric governance
Updated On : 29 Jun 2026 | 10:44 PM IST

India's industrial output growth hits five-month high of 5.1% in May

Industrial output growth rose to 5.1 per cent in May as electricity generation strengthened and the government adopted Output-PPI for the new IIP series

India's industrial output growth hits five-month high of 5.1% in May
Updated On : 29 Jun 2026 | 10:27 PM IST

Long road to 50 as govt moves fiscal anchor from deficit to debt-GDP ratio

A lower GDP base, subsidy pressures, geopolitical shocks and future spending commitments could make the Centre's goal of reducing debt to 50 per cent of GDP by FY31 significantly more challenging

Long road to 50 as govt moves fiscal anchor from deficit to debt-GDP ratio
Updated On : 29 Jun 2026 | 9:51 PM IST

Govt to add ₹30,000 crore to NIIF to catalyse foreign investments

The Centre's total commitment to the sovereign-anchored fund will rise to Rs 60,000 crore, supporting a new infrastructure fund and attracting global investors

Govt to add ₹30,000 crore to NIIF to catalyse foreign investments
Updated On : 29 Jun 2026 | 9:33 PM IST

Govt to lift curbs on petrol, diesel sales to commercial buyers from July 1

On June 12, the government had prohibited industrial and commercial consumers from purchasing petrol and diesel from retail outlets, directing them to source fuel from designated consumer pumps

Govt to lift curbs on petrol, diesel sales to commercial buyers from July 1
Updated On : 29 Jun 2026 | 8:50 PM IST

India, Saudi Arabia sign pact to deepen water management cooperation

The agreement, signed during Saudi Water Week in Jeddah, aims to promote collaboration on sustainable water management, irrigation systems and capacity building

India, Saudi Arabia sign pact to deepen water management cooperation
Updated On : 29 Jun 2026 | 7:56 PM IST

Goa is more keen on value tourism than volume tourism: Rohan Khaunte

Khaunte says Goa is keen on attracting high-spending travellers

Goa is more keen on value tourism than volume tourism: Rohan Khaunte
Updated On : 29 Jun 2026 | 6:46 PM IST

Wider fiscal gap unlikely to threaten India's rating, says Moody's

Moody's said higher energy prices may create temporary budget pressures, but India's improving fiscal position and commitment to deficit reduction should help preserve its investment-grade status

Wider fiscal gap unlikely to threaten India's rating, says Moody's
Updated On : 29 Jun 2026 | 1:57 PM IST

India seeks EU scrap export relief as curbs threaten trade pact gains

From May 2027, the ‌EU's revised waste shipment regulation is set to bar exports of non-hazardous waste to countries outside the OECD group of mostly developed economies

India seeks EU scrap export relief as curbs threaten trade pact gains
Updated On : 29 Jun 2026 | 12:01 PM IST

Weekly policy watch: PMI data, PM Modi's Seychelles visit in focus

India's policy focus this week will be on Prime Minister Narendra Modi's Seychelles visit, industrial output, PMI data and forex reserves

Weekly policy watch: PMI data, PM Modi's Seychelles visit in focus
Updated On : 29 Jun 2026 | 11:43 AM IST

A ChatGPT for Indian statistics? Mospi lays AI groundwork with new platform

The govt is building a common data platform to unify official economic statistics, with plans to develop it into an AI model that can answer queries using trusted official data

A ChatGPT for Indian statistics? Mospi lays AI groundwork with new platform
Updated On : 28 Jun 2026 | 11:30 PM IST

India to prioritise Qatar, Bahrain FTAs over GCC trade agreement

New Delhi expects bilateral negotiations with Qatar and Bahrain to move faster than GCC-wide talks, while also preparing to revive trade negotiations with Israel

India to prioritise Qatar, Bahrain FTAs over GCC trade agreement
Updated On : 28 Jun 2026 | 11:15 PM IST

Board of Trade meet on July 3 to discuss $2 trillion exports target

Piyush Goyal will chair the Board of Trade meeting on July 3 to discuss boosting exports to $2 trillion by improving FTA utilisation and cutting logistics costs

Board of Trade meet on July 3 to discuss $2 trillion exports target
Updated On : 28 Jun 2026 | 11:14 PM IST

US trade pact proposal more like one-sided market access: Ashwani Mahajan

Ashwani Mahajan says the proposed India-US trade pact has become a one-sided market access arrangement, with key differences persisting over agriculture, data and Russian oil

US trade pact proposal more like one-sided market access: Ashwani Mahajan
Updated On : 28 Jun 2026 | 11:02 PM IST

Monsoon challenge puts VB G RAM G's performance under the spotlight

As MGNREGA comes to a close, both critics and supporters keenly eye VB G RAM G's performance

Monsoon challenge puts VB G RAM G's performance under the spotlight
Updated On : 28 Jun 2026 | 10:53 PM IST