Page 127 - Economy & Policy News

India's GST cuts risk delay as states demand safeguards for revenue loss

Gross GST collections hit a record ₹22.1 trillion in fiscal year 2025, 9.4 per cent higher than a year earlier

India holds informal talks with US, rules out retaliation for now

While talks on a bilateral trade deal have been postponed, the two countries continue to communicate on critical issues, including defense and foreign policy

India's shrimp exports expected to fall 15-18% as US hikes tariff: Crisil

Lower revenues, coupled with the inability to pass on the tariff burden to customers, will erode the operating profit margin by 150-200 basis points

Govt to soon bring various measures to boost exports: Piyush Goyal

The government is working on support measures for exporters as the 50 per cent tariffs imposed by the US on Indian goods are expected to hurt certain labour-intensive sectors

Qatar wants to negotiate trade pact with India, says Piyush Goyal

He also assured exporters of all support to deal with the current global uncertainties at the trade front, which was caused due to unilateral actions of a country

Indian economy likely grew solidly before Trump tariffs hit outlook

India's gross domestic product probably expanded 6.7 per cent in the three months to June, the first quarter of the financial year, according to the median estimate in a Bloomberg survey

'Cost of backing Putin': Senator Graham warns India on Russian oil import

India has come under increased scrutiny from Washington over its oil trade with Russia. The US, led by President Donald Trump, has imposed punitive tariffs of 50 per cent on Indian imports

India's economy resilient but US trade policies a risk: RBI bulletin

Average headline inflation, meanwhile, is seen remaining significantly below the central bank's target of 4 per cent this financial year, according to the RBI bulletin

Navarro backs Trump tariffs, says road to Ukraine peace runs through Delhi

White House adviser Peter Navarro has accused India of funding Moscow's war through Russian oil buys, defending Trump's 50% tariffs and warning that 'the road to peace in Ukraine runs through New Del

PM Modi to secure $68 bn Japan investment, boost AI, chip ties during visit

During PM Modi's visit to Japan, the two sides are also expected to step up plans on defense cooperation, with New Delhi focusing on transfer of technology and jointly developing military hardware

Gen-next economic reforms: Big ticket projects, slashed compliances

These include an ambitious push for big-ticket projects, projecting India as a destination for major investments, and slashing the compliance burden on enterprises and citizens

Tariff fix key to India-US trade deal negotiations, govt remains hopeful

Multi-pronged strategy in the works to help exporters

Tariff impact: Nomura cuts FY26 GDP forecast to 5.8% in worst-case scenario

Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said

Crude oil imports from Russia set to dip in Sep, Oct before rising again

Indian refiners have resumed tendering Russian oil purchases in the second half of August

Manufacturing, consumer goods lift India's July IIP growth to 3.5%

IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains

Datanomics: Job patterns expose India's labour market fragilities

These fault lines indicate that while growth may remain steady, global shocks such as tariff hikes could magnify job losses

BS Infra Summit: Fossil fuels can't be eliminated, say industry experts

Industry experts say the country's green energy success depends on a long-term policy vision, targeted investments in infrastructure, and the development of domestic technology and financing solutions

Green energy aided by strong ecosystem, say industry representatives

India's renewable energy sector is growing fast but faces hurdles in financing, transmission, and storage, even as policy support and innovation drive progress toward 2030 targets

India must not give in to any 'bullying': MSIL's RC Bhargava on tariffs

On the domestic front, he said reducing GST on small cars could help counter the economic strain created by American tariffs

PMJDY turns 11 with 560 million accounts, ₹2.68 trillion deposits

PM Modi on Thursday said in his post on "X": "When the last mile is financially connected, the entire nation moves forward together