Page 198 - Economy & Policy News

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

Indian economy to surpass Germany, Japan in 3 years: NITI Aayog CEO

Subrahmanyam further said India can become an education hub for the world as the single biggest advantage it has, keeping all other things aside, is its democracy

Shrimp exporters seek govt help ahead of US duty review on shipments

The exporters said that the formula of the US to calculate these duties is incorrect, and the Indian government should take up the issues with them bilaterally,

Indian exporters should temper euro, pound hedges as dollar faces pressure

With the dollar under pressure from tariff-driven outflows, downgraded US growth forecasts and shifting investor outlook, forex strategists are encouraging exporters to reassess their hedging strategy

Fitch cuts India growth estimates to 6.4% amid ongoing global trade war

Fitch also cut the world growth projections in 2025 by 0.4 percentage points and China and US growth by 0.5 percentage points

India set to become trusted bridge of connectivity via IMEC: Piyush Goyal

Goyal said that the IMEC is a powerful endorsement of the leadership and partnership of India, Middle East and East Europe

US cotton exports to India rise on lower prices, tariff uncertainties

Exports to India from February to April jumped to 155,260 running bales, from 25,901 shipped during a year ago period

Hope and disappointment: Why BIMSTEC is yet to realise its ambitions

Calls for an early conclusion to an FTA have gone nowhere in five years as members have not been able to reach a consensus over issues such as market access or a dispute settlement mechanism

Kerala logged highest inflation in March, Telangana lowest, shows NSO data

Only states with a population of more than 5 million, according to the 2011 census have been taken into consideration

Trade deficit with China nears $100 bn in FY25 amid dumping concerns

Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion

Andhra CM Naidu urges 50% share in central taxes from 16th Fin Commission

Andhra Pradesh's share in horizontal devolution is below its share in the national GDP and population, causing a 'fiscal disadvantage'

Moody's Ratings revises forecast of India's 2025 GDP growth to 5.5-6.5%

The revised growth forecast takes into account a scenario of 10 per cent universal tariffs and 145 per cent tariffs on China

India to expand trade ties with nations offering fair FTAs: Piyush Goyal

Piyush Goyal said that India is negotiating FTAs with different countries and regions, including the European Union (EU) and Oman

Tariff war: WTO projects merchandise trade volume to contract in 2025

India's exports in value terms grew 2.6 per cent in 2024, while imports rose 6.6 per cent during the calendar year

India could double US energy purchases this year to offset tariff threat

India's crude oil imports from the US hit a two-year high in April, with US market share tripling since February, as both nations work towards a trade deal to rationalise import tariffs

Goyal meets Starlink delegation; discusses future investment plans in India

Billionaire Mukesh Ambani's Reliance Jio in March announced a pact with Elon Musk's SpaceX to bring Starlink satellite internet services in India

India eyes ending import tax on US ethane and LPG in trade talks: Report

India levies import taxes of 2.5 per cent on ethane, mainly used as a feedstock for producing petrochemicals, and propane and butane