Page 197 - Economy & Policy News

India-US trade pact's terms of reference includes about 19 chapters: Report

India's chief negotiator, Additional Secretary in the Department of Commerce Rajesh Agrawal, will lead the team for the first in-person talks between the two countries

India-US proposed trade pact's terms of reference include 19 chapters

To give further impetus to the talks, an Indian official team is visiting Washington next week to iron out differences on certain issues

Caught in Trump's tariff net: Andhra's shrimp farmers face global blowback

Trump's tariff shock hits Andhra's ₹35,000-crore shrimp industry, leaving farmers battling price crashes, export uncertainty, and long-term market disruption

Trade war 2.0: Why India must seize its global value chain opportunity now

As US-China tensions reshape global trade, India must reform tariffs, boost ease of doing business, and strike strategic FTAs to attract investment

Arvind Shrivastava named revenue secretary in major FinMin rejig

With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high frequency of changes at the top bureaucratic level

In transit: ₹2,250 cr mission to boost exports amid global uncertainties

Govt raises duty drawback rates for gold and silver jewellery

India's forex reserves climb for sixth straight week, now at $677.83 bn

This is the sixth consecutive week of a rise in the kitty. The overall reserves jumped by $10.872 billion to $676.268 billion in the previous reporting week ended April 4

Sitharaman to assess RRB consolidation as 'One state-one RRB' takes effect

According to sources, the Finance Minister is scheduled to hold a meeting with RRBs and review various issues including consolidation

China's fiscal revenue falls 1.1% in Jan-Mar 2025 amid ongoing tariff war

China's tax revenue fell 3.5% in the first quarter from the previous year, while non-tax revenue surged 8.8%, the ministry said

Oilmeals export dip 21% to Rs 12,171 cr in FY25; volume falls 11%

Bangladesh in spite of political turbulences become a largest importer of Indian oilmeals. India exported 7.42 lakh tonnes to Bangladesh in 2024-25

DGTR issues final findings in 13 anti-dumping cases mostly against China

The ministry also said that in addition to this, the Directorate General of Trade Remedies (DGTR) has started 11 investigations in March

India plans to set new nuclear regulator amid the entry of private sector

Amendments to the Atomic Energy Act are in progress to enable private sector involvement in nuclear energy sector, with strict oversight on the import, use, and disposal of nuclear fuel

India to navigate global disruptions with policy agility: FM Sitharaman

Speaking at the 150th anniversary celebration of the BSE, Sitharaman acknowledged the risks posed by "tariff wars" but expressed confidence in India's resilient economy

Retail inflation at 6-year low a result of govt efforts: Finance ministry

It said that this trajectory underscored the country's resilience and commitment to ensuring price stability without compromising on development goals

Hike minimum pension under EPS, complete evaluation by 2025: Panel

The EPS, which came into effect in November 1995, is administered by the Employees' Provident Fund Organisation

DBT saves ₹3.48 trillion, reshapes India's welfare delivery system : Report

With cumulative savings of Rs 3.48 lakh crore, DBT has drastically reduced leakages, curbing the misuse of funds that previously plagued welfare programs

India to send delegation to US next week for key bilateral trade talks

India's chief negotiator, Additional Secretary in the Department of Commerce Rajesh Agrawal is expected to lead the team for the first in-person talks between the two countries

India bets on policy agility to beat global supply chain woes: Sitharaman

The finance minister praised the resilience of India's financial markets amid global uncertainties and commended the growing confidence of retail investors

Rupee faces more pressure as weakening yuan raises depreciation risks

The Reserve Bank of India was ready to let the rupee weaken in line with the yuan after Donald Trump won US elections last year. The yuan has declined about 0.6 per cent against the dollar this month

Fitch cuts India's GDP projection by 10 bps to 6.4% as trade war escalates

Fitch says, excluding the pandemic, world growth rate to be the weakest since 2009