Economy

India-EU trade pact likely by year-end, operational in early 2027: Delphin

EU Ambassador Herve Delphin says legal vetting of the India-EU trade pact is nearing completion, with signing expected by year-end and implementation likely in early 2027

Net FDI quadruples to $6.58 billion in April 2026, shows RBI data

Gross FDI inflows rose 65 per cent year-on-year, while lower repatriation by foreign investors helped push net foreign direct investment sharply higher

Commerce ministry calls for govt-level talks on concerns over metal scrap

The ministry has sought engagement with the EU over its Waste Shipment Regulation amid concerns that restrictions on scrap exports could affect Indian industry

Four India-bound ships with 0.18 mn tonnes of fertilisers clear Hormuz

Four fertiliser ships have crossed the Strait of Hormuz after the US-Iran peace deal, easing concerns over supplies for India's agriculture sector

Russian oil imports may hit record high in June on discounts, supply curbs

Until June 20, Russia contributed to nearly 50 per cent of India's total crude oil imports in the month, showed data from maritime intelligence firm Kpler

India's core sector growth slows to seven-month low of 0.5% in May

Coal output contracted 9.3 per cent in May, marking a 10-month low, while growth in petroleum refinery products slumped to a 42- month low of -8.7 per cent

Guardrails cut MFI securitised pool overdues by 60%, says Crisil Ratings

Crisil Ratings says lending guardrails have improved portfolio quality and credit discipline, leading to a sharp reduction in overdue build-up in microfinance securitised pools

Outward remittances under RBI's LRS down 7.85% in April 2026: Bulletin

Decline in international travel-related spending amid geopolitical uncertainty weighed on outward remittances under the RBI's Liberalised Remittance Scheme

Four fertiliser ships clear Strait of Hormuz; head to Indian ports

The ministry said it continues to work closely with state governments, distribution agencies and cooperative networks to ensure fertiliser security remains "strong, stable and well managed"

Centre seeks stakeholder views on medical devices exempt from GTE norms

Department of Pharmaceuticals invites stakeholder comments on proposed additions and deletions to the list of medical devices exempted from Global Trade Enquiry requirements

Foreign currency inflows to support domestic liquidity: RBI's MPC member

The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya

World Bank approves $1.5 bn loan to support India's reforms, job creation

The programme builds on reforms undertaken in recent years, including tax simplification, trade integration, regulatory changes, and measures to improve the business environment

India's core sector growth slows to seven-month low of 0.5% in May

The expansion during the month under review is slightly down compared to April, when these sectors grew by 1.8 per cent

India seeks tariff advantage over peers in push to finalise US trade deal

New Delhi is seeking tariff concessions superior to those offered to competing Asian economies as it works towards finalising a bilateral trade agreement with the United States

OMCs' fuel marketing margins back above pre-conflict levels: Report

Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent West Asia conflict

Govt imposes anti-dumping duty on chemical imported from China, EU, US

The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier

Spending on experiences to outpace physical goods in India: Report

Indian households are expected to increase spending on experiences faster than physical goods through 2030, with hotel accommodation emerging as the fastest-growing category

Rural women need financial confidence, not just bank account access now

Financial literacy can help rural women move beyond account access to claim rights, detect fraud and lead family finances with confidence as migration reshapes rural homes

India pushing for preferential market access in US trade deal: Piyush Goyal

Commerce Minister Piyush Goyal said negotiations on the US trade deal are taking longer than expected due to a 50% tariff on Indian goods, while India continues to seek preferential market access

Decoded: What is 'sunset clause', why India may seek one in US trade deal?

Why is India considering a sunset clause in its proposed US trade deal? Here's what the provision means and how it could help New Delhi navigate tariff uncertainty