Page 174 - Economy & Policy News

Indian economy projected to grow at 6.5% in FY26, says CII president

He asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in the backdrop of increasing trade barriers

Govt to hold pre-emption right over oil, gas in emergency: Draft rules

A pre-emption right (or preemptive right) is the legal right of a party - often a government or existing shareholder - to purchase or claim a product, asset, or resource before it is offered to others

India-UK FTA a positive step; car prices unlikely to change: BMW, Mercedes

Last week, India and the UK sealed a landmark FTA that will lower tariffs on 99 per cent of Indian exports

India must ensure balanced, reciprocal terms in US trade deal: GTRI

A closer look reveals that while the UK has made sweeping tariff concessions to America, the US has offered far less in return, it added

Retail inflation slid further to 3% in Apr; easing room for RBI rate cut

In March, retail inflation stood at 3.34 per cent- the lowest since August 2019

'US-UK FTA can serve as launch pad for Indian firms to enter US mkt'

MEA's Dammu Ravi says Indian firms can leverage the US-UK trade pact to expand into American markets, but cautions on supply chain gaps and infrastructure hurdles

FM asks banks to stay alert, says financial system remains robust

Finance Minister asks banks to ensure uninterrupted banking, cyber vigilance and ATM cash flow amid India-Pakistan tensions; insurers told to speed up claim settlements

As US economy dips, why it means good business for India's exports

Surging trade deficit has had severest impact on America's GDP since 1947

India, Chile to begin negotiations for comprehensive trade deal in May

Two countries sign terms of reference to upgrade current agreement

India's forex reserves dropped by $2 billion to $686 billion: RBI

For the week ended May 2, foreign currency assets, a major component of the reserves, increased USD 514 million to USD 581.177 billion, the data released on Friday showed

India imposes 5-year anti-dumping duty on Chinese, Vietnamese solar glass

It has concluded in its findings that there is a substantial increase in the volume of dumped imports of the glass from these countries in absolute and relative terms

Basmati prices up on higher demand, not due to India-Pak tensions: AIREA

The trade has not been affected so far and the orders are being fulfilled smoothly, says AIREA president

India's April inflation sees near six-year low on easing food prices: Poll

Forecasts for the inflation data, set to be released on May 12 at 1030 GMT, ranged from 2.8 per cent to 4.0 per cent

Indian team to visit Washington to advance trade agreement with US

India and the US will hold further talks this month in Washington to finalise an early tranche of the bilateral trade agreement, aiming for mutual tariff concessions

Smartphones, electric vehicles off limits in India-UK free trade agreement

Government officials said that while the deal was concluded on Tuesday, implementation could take over 15 months

Free trade agreement fix: Liquor industry red flags UK maturation norms

According to the UK and European Union (EU) regulations, a spirit must be matured for a minimum of three years in wooden casks to be legally defined and sold as "whisky."

Rural demand for FMCG grows at a slower pace in March quarter: NielsenIQ

Demand for fast-moving consumer goods (FMCG) in rural India stood at 8.4 per cent in the March quarter, compared to 9.2 per cent in October-December of 2024

Govt clears revised credit guarantee scheme for startups, max cover ₹20 cr

This scheme would help provide the much needed collateral-free debt funding to startups, the department for promotion of industry and internal trade (DPIIT) said in a notification

UK unveils historic US trade deal at Tata Motors' Jaguar Land Rover factory

We are the first country to secure such a deal with the United States and in an era with global insecurity and instability that is so important, said Starmer

Centre closely monitoring food prices amid India-Pakistan tensions

The government won't hesitate to invoke the provisions of Essential Commodities Act, 1955 to check speculative activities, hoarding and black marketing, a senior official said