Economy

India hits pause on US trade talks amid uncertainty over new tariff regime

India has postponed its trade negotiations with the US after the Supreme Court ruling on tariff powers, with both sides reassessing the interim deal's contours amid rising uncertainty

Greer says no countries have said they will withdraw from tariff deals

Greer, speaking on CBS's "Face the Nation" program, said he had already spoken with his counterpart from the European Union and would be speaking with officials from other countries

Economists split on unrevised WPI and impact on new GDP base-year series

As India shifts its GDP base year to 2022-23, economists are divided on whether the unrevised WPI base will distort real growth estimates, even as CPI has been updated to 2024

EU-India FTA opens doors to trade, AI, says Austria's State Secretary

Proll highlighted AI as a key future area of collaboration, calling it "the next step after digitalisation"

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

Of the ₹1.32 trn capex target for FY26, state-run oil firms have already spent ₹1.07 trn in the first 10 months

StatsGuru: Productivity gap continues to hinder India's MSME growth

MSMEs accounted for 48.58 per cent of India's merchandise exports in FY25

India delays trade talks after US SC rejects Trump tariffs: Report

The delay came mainly from the uncertainty over tariffs following Friday's judgment, the source added

India, US to reschedule chief negotiators meet on interim trade deal

The development is important following the US Supreme Court verdict against the earlier sweeping tariffs of the Trump administration

India rebalances crude slate as Saudi gains, Russian flows ease

During February 1-18, India's total crude imports averaged 4.85 million barrels per day (bpd), down 8 per cent from January's 5.25 million bpd, as flows from Russia cooled following US sanctions

Govt studying implications of US Court tariff ruling; Trump remarks

The US Supreme Court ruled that Trump exceeded his authority by imposing tariffs under the International Emergency Economic Powers Act (IEEPA), a 1977 law intended for national emergencies

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

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