Economy
India-Netherlands announce 17 outcomes, focus on semiconductors
India and the Netherlands elevated ties to a strategic partnership, with agreements spanning semiconductors, green hydrogen, defence cooperation and critical technologies
 "India-Netherlands announce 17 outcomes, focus on semiconductors")
India's 100 GW nuclear energy target requires ₹25 trn investment: TERI
TERI said India will need sustained annual nuclear capacity additions and policy support for SMRs to achieve its 100 GW nuclear energy target by 2047
 "India's 100 GW nuclear energy target requires ₹25 trn investment: TERI")
Statsguru: Skewed priorities in priority sector lending across districts
A report by the Economic Advisory Council to the Prime Minister has flagged sharp regional imbalances in priority sector lending and called for a more equity-focused PSL framework
 "Statsguru: Skewed priorities in priority sector lending across districts")
Labour codes, state shop laws create compliance grey zone for firms
Experts say overlaps between Labour Codes and state Shops and Establishments Acts may create compliance uncertainty for companies across working hours and leave rules
 "Labour codes, state shop laws create compliance grey zone for firms")
India, other oil buyers to negotiate transit corridors with Iran: Moody's
In a global report on geopolitical risks, Moody's said there is little prospect of a swift and durable settlement between the US and Iran and with it the full reopening of the Strait of Hormuz
 "India, other oil buyers to negotiate transit corridors with Iran: Moody's")
Weekly economy wrap: Gold duty hike, fuel shock test India's economy
India moved to conserve foreign exchange, contain prices and secure energy supplies as the West Asia crisis tested external accounts and growth forecasts
 "Weekly economy wrap: Gold duty hike, fuel shock test India's economy")
FTAs, lower import duties to boost India's FDI flows: ADB chief economist
During 2021-22, India attracted net Foreign Direct Investment (FDI) of $38.6 billion, which came down to $28 billion in FY23 and further fell to $10.2 billion in FY24
 "FTAs, lower import duties to boost India's FDI flows: ADB chief economist")
North America, NE Asia, Latin America make up over 35% of India's exports
The strongest momentum came from North-East Asia, where exports surged 21.6 per cent to $41.6 billion, raising the region's share to 9.4 per cent of India's total exports
 "North America, NE Asia, Latin America make up over 35% of India's exports")
CNG prices increased by Re 1 in Delhi-NCR, second hike in two days
CNG will now cost Rs 80.09 per kg in Delhi and Rs 88.70 per kg in Noida-Ghaziabad after the latest increase
 "CNG prices increased by Re 1 in Delhi-NCR, second hike in two days")
Govt imposes curbs on silver imports after sharp rise in shipments
The notification from the DGFT comes within a week of the government raising the duty on the import of the precious metal to 15 per cent from 6 per cent
 "Govt imposes curbs on silver imports after sharp rise in shipments")
Govt restricts 99.9% silver bar imports, permit now mandatory for category
Under the revised policy, imports of silver bars containing 99.9 per cent or more silver by weight, as well as other silver bars under specific HS codes, will now require authorisation
 "Govt restricts 99.9% silver bar imports, permit now mandatory for category")
Intra-Brics trade just 5% of global, shows huge potential: Commerce Secy
BRICS is a grouping of 11 developing countries - Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and the United Arab Emirates
 "Intra-Brics trade just 5% of global, shows huge potential: Commerce Secy")
Can India build a China-like super grid for its clean energy push?
China built its super grid over two decades through massive state investment and planning. Experts explain whether India can realistically replicate
 "Can India build a China-like super grid for its clean energy push?")
India, UAE sign six agreements on LPG and strategic oil reserves
India and the UAE signed six agreements covering energy, defence and shipping, while UAE entities announced investments worth $5 billion in India
 "India, UAE sign six agreements on LPG and strategic oil reserves")
OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses
Petrol now costs ₹97.77 per litre in Delhi, up from ₹94.77 a litre earlier, while diesel prices have been raised to ₹90.67 per litre
 "OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses")
India's exports at 4-year high, but bullion imports widen trade deficit
India's merchandise exports and imports recorded double-digit growth in April despite supply chain disruptions caused by the ongoing conflict in West Asia
 "India's exports at 4-year high, but bullion imports widen trade deficit")
Inflation prints: Wholesale, retail paths diverge amid West Asia turmoil
Over financial years 2017-2026, the volatility of WPI, measured by standard deviation, was almost three times higher than that of CPI, according to the rating agency
 "Inflation prints: Wholesale, retail paths diverge amid West Asia turmoil")
Steel import curbs delay implementation of India-UK free trade agreement
UK steel import curbs have emerged as a key hurdle delaying the operationalisation of the India-UK free trade agreement, officials said
 "Steel import curbs delay implementation of India-UK free trade agreement")
Voluntary consumption cuts better than sharp fuel price hikes: Officials
India is relying on voluntary fuel conservation and restrained price hikes to shield consumers from the impact of the ongoing West Asia energy shock
Datanomics: Why trade imbalance with Vietnam is a concern for India
Trade deficit with Vietnam widening since FY19
 "Datanomics: Why trade imbalance with Vietnam is a concern for India")