Page 199 - Economy & Policy News

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

India's trade deficit with China hits record $99.2 bn on import surge

India's exports to China fell 14.5% to $1.5 billion in March from a year earlier, with total exports dropping to $14.3 billion in the 12-months period, data showed

India's organic product exports up 34.6% to $665.96 mn in 2024-25

The commerce ministry's arm APEDA has revised the NPOP's regulations to make it more farmer-friendly and help India achieve the USD 2 billion exports target for organic food products by 2030

SEA urges govt to lift ban on de-oiled rice bran exports to clear stock

Solvent Extractors' Association (SEA) on Wednesday urged the government to lift the export ban on de-oiled rice bran to allow clearance of surplus stock.

US is top trading partner of India in FY25; trade deficit with China widens

India's exports to the US grew by 11.6 per cent in 2024-25, rising to $86.51 billion, compared to $77.52 billion in 2023-24

India's trade deficit widens to $21.54 bn, exports see 0.7% growth in March

Imports witnessed 11 per cent growth year-on-year at $63.51 billion

India-US bilateral trade deal: In-person talks may begin by May-end

India is also looking at non-tariff barriers as well as tariff barriers in the agreement

JSW Group may invest Rs 50,000 crore in green steel for European market

"If the Indian industry can really buck up and rise to the occasion, we can be the real replacement for China," said Jindal while speaking at the centenary celebrations of Indian Chambers of Commerce

Retail inflation eases to 3.34% in March, lowest since August 2019

WPI-based inflation cools to a six-month low

Bank credit in India likely to grow at 12-13% in FY26: CRISIL Ratings

Tax sops, softer interest rates to support loan offtake

Rising US costs may shift China trade to India; govt forms monitoring cell

If any unusual surge is reported, the commerce ministry can take action such as imposing anti-dumping or safeguard duties

India much better placed to deal with Trump tariffs: ITC Chairman

When asked about the impact of such tariffs on the domestic industry, Puri said it will be difficult to say how it will evolve, but India will be much better placed in this

Retail inflation eases to 3.34% in March, lowest since August 2019

March food inflation fell to 2.69% in March from 3.75% in February -- the lowest level since November 2021

India and US just took the first big step toward a $500 bn trade goal

India and the US have finalised terms for the first phase of their trade deal, aiming to boost bilateral trade to $500 billion by 2030 and deepen strategic economic ties

India's trade gap widens in March as Trump roils markets with tariff war

The gap between exports and imports stood at $21.54 billion last month, the trade data showed Tuesday

India's wholesale inflation eases to 2.05% in March on food, fuel prices

WPI March 2025: WPI Food Index eased 4.66 per cent from 5.94 per cent the month earlier

As shipments resume, US buyers want Indian sellers to split tariff cost

Exporters say production and shipping products in three months remain a challenge for tailor-made products

Govt to set fresh target of 30% ethanol blending in petrol by 2030

Target of 20% blending already achieved in March this year

Goyal likely to visit Europe this month to boost trade, investment ties

The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The two sides signed the Trade and Economic Partnership Agreement (TEPA) in 2024