Economy

India's trade deficit with China likely to hit $150 billion in FY27

India's trade deficit with China hit a record $83 billion in April-October, as a 31% rise in imports outweighed export growth

Delhi's last 48 villages go urban, opening new real estate frontier

Delhi's decision to urbanise its remaining 48 rural villages could create new property markets near Gurugram, but experts say zoning, land pooling, infrastructure and approvals hold the key

Our welfare schemes are investments for more GST: Mallu Bhatti Vikramarka

Deputy Chief Minister Mallu Bhatti Vikramarka outlines Telangana's $1 trillion economic ambition, infrastructure push and welfare-led growth strategy

In UP, BJP reaches for repair kit ahead of Assembly polls to retain power

With the Assembly elections approaching, the BJP is recalibrating policies, expanding welfare outreach and courting restless voter constituencies to retain power

The political battle over future of Keralam's infra investment fund board

Once hailed as the state's visionary off-budget salvation for roads and schools, the board - 10 years on - is under the lens as the new government panel exposes its heavy debt burden

Policy support, exporter resilience drive strong Oct trade performance: CII

India's goods exports increased 45 per cent to $49.47 billion in October, compared to $34.11 billion in the same month last year

India-US trade deal nearing finish line, may be sealed soon: Jaishankar

Last month, US Secretary of State Marco Rubio said in Mumbai that both sides are very close to firm up the trade deal

Ficci calls for comprehensive India-Africa trade framework to boost ties

Ficci Secretary General Anant Swarup said that with bilateral trade reaching $93.6 billion in 2025-26, the economic relationship between the two regions has acquired a significant scale

Energy prices pushed exports, imports to record highs in October

Merchandise imports hit a record $89.35 billion in October, while exports surged 45 per cent to $49.47 billion; the trade deficit widened to $39.88 billion

Rate hikes may not tame supply-led inflation: CEA V Anantha Nageswaran

CEA V Anantha Nageswaran says supply shocks will dominate the global economy, making monetary policy less effective and placing greater responsibility on fiscal measures

India-US deal may be inked after Washington settles its tariff framework

India awaits US tariff framework before signing interim trade deal; Washington assures New Delhi of a comparative tariff advantage over competitors

Rupee weakens to 94.25/$, 10-year bond yield rises as crude prices surge

The rupee settled at 94.25 against the dollar, while the benchmark 10-year bond yield rose six basis points to 7.31 per cent amid higher crude prices and a firm dollar index

India needs sector-wise accounts to measure knowledge economy: MoSPI panel

MoSPI panel proposes a federated framework to measure India's knowledge economy, with dedicated accounts for AI, research, human capital and other knowledge-based sectors

Datanomics: Milk & milk products saw price pressures before latest hikes

Liquid milk inflation crossed 4% in September, while paneer prices rose over 5.5% in October, indicating mounting price pressures even before leading dairy brands announced price hikes

MSME body seeks sectoral export studies to boost free trade agreement gains

Industry body urges market-specific studies across 10 priority sectors and upgrades to testing facilities to help smaller exporters overcome compliance barriers and benefit from FTAs

India imports over half its edible oil, faces food risks: NITI Aayog VC

Addressing an event here, Lahiri said India meets more than half of its edible oil needs through imports, and imports are estimated at 17 million metric tonnes, valued at about $20 billion

India's fuel demand to keep rising through 2034 despite EV adoption

Fuel demand from road transport will peak at more than 2.5 million barrels a day in eight years before gradually declining, according to BloombergNEF's India Electric Vehicle Outlook 2026

India's Oct merchandise trade deficit rose to one-year high of $39.88 bn

The deficit topped the $32.25 billion forecast in a Reuters ​poll and widened from $30.21 billion in September

Banks raise deposit rates after RBI's Oct repo hike; lending rates inch up

Major lenders have increased fixed deposit rates on select tenures following the RBI's 25-basis-point repo rate hike in October, while lending rates have also begun to rise

Retail inflation breaches RBI's 6% upper limit at 2-yr high of 6.09% in Oct

A sharp rise in food prices and broad-based increases across CPI divisions pushed retail inflation to 6.09 per cent in October, raising expectations of another RBI rate hike