Economy & Policy News
From the brink and back: How the India-US trade deal finally shaped up
After months of tariff shocks, stalled talks and diplomatic sparring, India and the US finally stitched together a trade deal that reshaped bilateral ties
 "From the brink and back: How the India-US trade deal finally shaped up")
Outcome Budget data raises questions on returns from government capex
The Outcome Budget or OOMF is meant to link government spending to measurable results, but near-identical targets across years highlight gaps in assessing returns on public investment
 "Outcome Budget data raises questions on returns from government capex")
India-US trade deal: Labour-intensive, manufacturing jobs may see uptick
Department of financial services (DFS) secretary M Nagaraju said: "Dark clouds of uncertainty had lifted from the world economy and industry should now cheer up and heave a sigh of relief"
 "India-US trade deal: Labour-intensive, manufacturing jobs may see uptick")
RBI to start 3-day deliberations on interest rate from Wednesday
The decision of RBI Governor Sanjay Malhotra-headed six-member Monetary Policy Committee (MPC) will be announced on Friday
 "RBI to start 3-day deliberations on interest rate from Wednesday")
India's exports to get boost with US cutting tariff: FM Nirmal Sitharaman
Trump's steep 50 per cent tariffs last year dented Indian exports by raising landed costs, squeezing exporter margins, and eroding competitiveness in the American market
 "India's exports to get boost with US cutting tariff: FM Nirmal Sitharaman")
US tariff cut gives Indian medical devices an edge as China+1 gathers pace
US tariff cut lifts Indian medical devices; pharma steady, nutraceuticals seek clarity
 "US tariff cut gives Indian medical devices an edge as China+1 gathers pace")
Budget 2026 backs decarbonisation, clean energy supply chains
Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades
 "Budget 2026 backs decarbonisation, clean energy supply chains")
US-India tariff reset lifts engineering exports; auto components lead gains
India's engineering exports to the US are set to regain momentum after reciprocal tariffs were cut to 18%, with auto component makers expected to benefit the most
 "US-India tariff reset lifts engineering exports; auto components lead gains")
Falling Russian crude oil imports drag down pvt ports' growth to 2% in FY26
In comparison, central government-owned ports grew 9%
 "Falling Russian crude oil imports drag down pvt ports' growth to 2% in FY26")
Trade deal details being finalised; agri, dairy sectors protected: Goyal
Addressing a press conference, Goyal said India secured more favourable terms than several comparable countries that have entered into trade arrangements with the United States
 "Trade deal details being finalised; agri, dairy sectors protected: Goyal")
US tariff cut to boost India textile exports, double-digit growth seen
With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27
 "US tariff cut to boost India textile exports, double-digit growth seen")
Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement
Officials said the higher provisioning also means that the Food Corporation of India might not have to rely on borrowing or any other means in FY27 to fund its shortfall
 "Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement")
India-US trade deal could boost FY27 growth by 20-40 basis points
Economists say the India-US trade deal could lift FY27 GDP growth by 20-40 basis points by boosting exports and reducing uncertainty, though risks from imports remain
 "India-US trade deal could boost FY27 growth by 20-40 basis points")
No clarity yet: Kremlin on India halting Russian oil imports after US deal
Kremlin spokesman Dmitry Peskov said Russia is closely examining US President Donald Trump's comments on ties with India and, as of now, has not received any statements from New Delhi
 "No clarity yet: Kremlin on India halting Russian oil imports after US deal")
'Dark clouds of uncertainty lifted': DFS secretary on India-US trade deal
Secretary of the Department of Financial Services M Nagaraju urged industry leaders to be cheerful about the India-US trade deal
 "'Dark clouds of uncertainty lifted': DFS secretary on India-US trade deal")
India-US trade in context: How it compares with the EU, China and others
India and the US have announced a trade deal to ease tariffs. Here's how the India-US trade relationship compares with India's major partners and the world's largest trade corridors
 "India-US trade in context: How it compares with the EU, China and others")
India-US trade deal positive for labour-intensive sectors : Moody's
Moody's said the trade deal will reinvigorate India's goods export growth to the US, which remains the country's largest goods export market
 "India-US trade deal positive for labour-intensive sectors : Moody's")
'An important and positive first step': USISPF on US-India trade deal
A BTA between the two nations would deliver meaningful benefits for businesses, workers, and consumers in both countries, while strengthening supply chains and economic resilience, it added
US trade deal could push India's growth above forecast: CEA Nageswaran
Nageswaran's bullishness was echoed by Indian markets, with the rupee posting its biggest gain in more than three years and stocks jumping the most since 2021 on Tuesday
 "US trade deal could push India's growth above forecast: CEA Nageswaran")
India's rice exporters hope to boost shipments to US after tariff cut
Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent
 "India's rice exporters hope to boost shipments to US after tariff cut")