Page 169 - Economy & Policy News

India needs to try become indispensable like China: CEA Nageswaran

Kerala Governor Rajendra Vishwanath Arlekar, who presided over the event, said that 'Viksit Bharat' will be a reality by 2047 as asserted by Prime Minister Narendra Modi

Bihar Cabinet decisions: 6 new airports, MSP for chana, pulses, and more

Airports in six districts, MSP for chana, masoor and mustard, hotel on Patliputra Ashok land, SAP contract renewal, and river replenishment study among key decisions

Railways to build 100 MEMUs and 50 Namo Bharat trains for short trips

Railways to produce 100 MEMU and 50 Namo Bharat trains, launch cargo terminal in Manesar, and pilot advance charting to improve short-haul travel and logistics efficiency

India to lead global oil demand growth by 2030 on economic expansion: IEA

IEA report shows India will add 1 million barrels per day to global oil demand by 2030, driven by GDP growth, rising car use, industrial activity and clean fuel adoption

Vaishnaw inaugurates cargo terminal at Maruti Suzuki's Manesar site

The rail link was developed at a cost of ₹800 crore, with HRIDC contributing ₹684 crore and the remaining amount funded by Maruti Suzuki

Rising crude oil prices may weigh on India's current account deficit

Mildly affect growth, inflation, say economists

Iran-Israel war: Govt to meet stakeholders to assess trade impact

Commerce Secretary Sunil Barthwal said that the impact of the war on India's trade will depend on how the situation unfolds over a period of time

Jobless rate at 5.6%, women's work participation down in May, shows data

Unemployment in May rose to 5.6 per cent with youth and women most affected, while labour force participation fell to 54.8 per cent, latest PLFS data shows

Credit growth drops to 8.97% in May, lowest level in three years

Credit growth slows as banks tighten lending amid stress in microfinance and unsecured loans; deposit growth outpaces credit by 100 bps in May 30 fortnight

India aims to finalise early tranche of US trade pact before July 9

Absence of US Trade Promotion Authority may prolong broader BTA negotiations, but India hopes to secure early agreement on tariffs by July 9 deadline

WPI inflation falls to 14-month low in May as food, fuel prices dip

Prices of primary food articles (-1.56 per cent) declined for the second month in a row

Trade deficit narrows to $22 billion as shipments, imports contract

Despite overall decline in merchandise exports, shipments to US grew by 17%

Coal Ministry opens bids for 12th round of commercial coal block auction

In the 12th round, 38 bids were received for eight blocks. Separately, three blocks under the second attempt of the 11th round received one bid each

Uttar Pradesh targets 15 new industrial zones to push MSME growth

In total, 15 new MSME-centric industrial zones will be developed in 11 districts, including Aligarh, Firozabad, Kanpur Dehat, Prayagraj, Mirzapur, Lalitpur, Rae Bareli, among others

Early monsoon dampens fuel demand growth in June; diesel dips 4.8%

After two months of robust consumption growth, petrol demand slowed to 2.3 per cent to 1.4 million tonnes in the first half of June, sales data of three state-owned fuel retailers showed

Merchandise trade deficit narrows to $21.88 billion in May, shows data

Merchandise exports stood at $38.73 billion in May 2025, a 2.2 per cent decline from $39.59 billion a year earlier

Statsguru: Young India yet to tap demographic dividend, needs a policy push

Among the countries having demographic dividend, India is a noticeable exception that has not harnessed this human resource

Russian oil freight rates to India ease, EU curbs may reverse trend

The European Union has put forward a new sanction package against Russia over Ukraine and proposed to lower the Group of Seven nations' price cap on Russian crude oil to $45 a barrel from $60 a barrel

India's WPI inflation dips to 0.39% in May, lowest level in 14 months

WPI inflation eased to 0.39 per cent in May, a 14-month low, as prices of food, fuel, and primary articles cooled; core inflation also declined

ASICS to boost India sportswear production to 40% amid import restrictions

ASICS, which competes with global rivals including Nike, Adidas, and Skechers USA in India, plans to open three new franchise stores per month between now and the end of the year