Page 135 - Economy & Policy News

US slaps steep tariffs on Indian goods, exports set to fall from Wednesday

The new duties will apply from 12:01 am EDT on Wednesday (9:31 am IST), it showed. Exceptions are shipments in transit, humanitarian aid, and items under reciprocal trade programmes

Safeguard duty on steel: More than a safety net, but is it enough?

Can the safeguard duty on steel be more than a safety net, and is it enough when other countries are also stepping up to protect their interests?

Ease of doing business: Multiplexes seek GST reforms on movie tickets, F&B

Multiplexes want GST reforms on tickets and F&B, along with single-window clearance, to make cinema more affordable and help boost screen growth to 10 per cent annually

Apparel makers urge govt to fix 5% GST on all garments, end duty issues

The apparel industry has sought a flat 5% GST across all garments to prevent under-invoicing, grey market activity, and inverted duty structure under the proposed GST reforms

RBI asks banks to monitor 'high risk' fund flows coming from Pakistan

It named Pakistan as "high risk" jurisdiction from an arms financing perspective and cited Indian investigations into arms financing but did not go into detail about their findings

Rewriting retirement: A new window has opened for pension subscribers

The government has opened a one-time window for employees under the Unified Pension Scheme (UPS) to switch back to the National Pension Scheme (NPS), reshaping retirement choices for millions

From July 2017 to Diwali 2025: India's evolving GST journey explained

As PM Modi promises a fresh round of GST reforms, here's a look at how India's biggest tax reform began in 2017 and how it has shaped the economy over the years

MSMEs must focus on quality, competitiveness, and global integration: Govt

MSMEs contribute over 30 per cent to GDP and 45 per cent to exports, but leaders stress quality, innovation and Industry 4.0 adoption to boost competitiveness and global integration

Tirupur, Noida, Surat exporters halt production amid high US tariffs: FIEO

Looking at the current emerging scenario, he urged that there is a need for immediate government support, which includes a push for interest subvention schemes and export credit support

Only a third of nearly 33K registered FPOs financially viable: Icar body

Average equity capital support for FPOs at 45 per cent of optimal levels; credit access only 37 per cent of optimal levels, a paper by an Icar body shows

Are export sectors in the firing line? Markets brace for tariff fallout

From textiles and gems to auto parts and seafood, Indian exporters brace for shrinking US orders, job losses, and weaker earnings as Trump's tariff surge takes effect on August 27

Indian refiners to trim Russian oil purchases as higher US levies loom

State-run and private processors, including heavyweight Reliance Industries Ltd., are expected to buy 1.4 million-to-1.6 million barrels a day for October loading and beyond

Japan to unveil plan to invest $68 bn in India over 10 years in AI, chips

Japanese PM Shigeru Ishiba, who is scheduled to meet Prime Minister Narendra Modi on Friday, is expected to unveil plans to deepen the business ties between the two Asian countries

Trump administration issues notice to India as 50% tariff deadline nears

The Trump administration has issued a 50% tariff notice to India over Russian oil imports, tying it to a broader diplomatic push for ending the war in Ukraine

India-UK FTA to boost aluminium exports as carbon tariffs pose challenge

FTA could triple aluminium exports to the UK by 2030, while R&D collaboration may enable extraction of critical minerals from aluminium by-products

Commerce Secretary Sunil Barthwal to push FTA talks with EU in September

Finalising a trade deal with the trade bloc has been a key priority for New Delhi, and it has now become even more critical

Demand to reinforce steel MSMEs amid rising costs: Crisil SME Tracker

The production of long steel increased 8.7 per cent Y-o-Y in Q1FY26, with mid and small steel mills accounting for 72.4 per cent of this production

India, Fiji resolve to boost defence and maritime bilateral ties

PM Modi and Fijian PM Rabuka signed nine agreements and announced 17 new initiatives, with India pledging defence, maritime, and healthcare support to strengthen ties

Odisha govt approves new IT, electronics component manufacturing policies

The state cabinet meeting, chaired by Chief Minister Mohan Charan Majhi, this evening has approved the two policies

Proper data integration required to boost MSME lending, say bankers

Bankers highlighted the need for consent-based APIs and structured data to improve MSME lending, addressing working capital, technology, and credit guarantee challenges