Page 204 - Economy & Policy News

MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra

MMRDA is the Maharashtra government agency responsible for preparing a regional infrastructure development plan for the MMR

IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%

In FY24, the company and the InvIT recorded toll revenue of Rs 5,169 crore. The revenue growth in FY25 is significantly above the national Y-o-Y toll revenue growth of 12.5 per cent

India's growth trajectory remains strong, says FM Nirmala Sitharaman

"Our government remains committed to continued reforms, maintaining macroeconomic stability, and ensuring that growth benefits every section of society," she said

India's best interests will be kept in mind while inking trade pacts: Goyal

Declining to divulge the exact contours of the ongoing trade talks with the US, Goyal said India is in talks with many countries

More R&D, easier labour laws needed to counter Trump's tariffs, say experts

Providing more incentives to Indian industry to blunt the impact of the tariffs is unlikely to help, as will be any retaliatory measures; instead, lowering duties on intermediate goods will do more go

Dubai offers Indian companies a low-tariff launchpad into emerging markets

Mohammad Ali Rashid Lootah added that with strong trade ties that go back to the age of the spice and silk routes, both the countries can collaborate to meet the growing demand in emerging markets

India's domestic demand big magnet amid US trade tariffs, says Sitharaman

The world has seen depressed growth for over several years; earlier, it was low interest for long and now it's going to be low growth for long

Regulatory easing to support 10.8% credit growth in FY26: Icra

The recent announcements of liquidity injections by the RBI are likely intended to nudge a faster transmission of rate cuts, the rating agency said

FIEO seeks 5% interest subvention as high US tariffs delay export payments

The organisation urged the government to immediately announce a 5 per cent interest subvention to ease the looming liquidity crunch

Piyush Goyal calls for 'economic nationalism' to boost local supply chains

The Minister's comments come as India positions itself as a viable manufacturing alternative amidst shifting global trade patterns

Rupee erases 2025 gains, logs steepest single-day fall in 26 months

The domestic currency erased all of its gains for the year, registering a 0.2 per cent depreciation in the current calendar year so far

Trump tariffs: Shipments to US likely to shrink 6.4% in 2025, says GTRI

The contraction will be led by a drop in exports of fish and crustaceans, which may fall by a fifth

Indian firms in FDI-ban sectors can issue bonus shares to existing NRIs

The move is set to give much-needed clarity to companies in the tobacco sector that have been seeking clarification regarding the issuance of bonus shares, experts said

Jaishankar discusses early conclusion of BTA with US Secretary of State

This development comes as the country has been negotiating a BTA with the US in order to avoid hefty reciprocal tariffs

Lenders add 25K beneficiaries under Tarun Plus category of Mudra Yojana

As many as 24,557 new borrowers took loan under the Tarun Plus category amounting to Rs 3,790 crore in a short period of four months during FY25

Trump tariffs: Govt sets up working group to monitor possible import surge

Additionally, concerned officials have been directed to hold a series of bilateral meetings with the identified 20 countries such as Australia, Brazil, China, and France for pushing India's exports

Experts call for faster India-US trade talks to unlock market potential

They also said that the pact is critical for India to address long-standing non-tariff barriers in sectors like chemicals, telecom equipment, and medical devices

India's exports to US may decline by $5.76 bn due to high tariffs: GTRI

However, it added that India's competitive position in select product segments may help cushion some of the losses

Finance ministry to study EPFO, global models for UPS investment plan

The UPS was approved by the central government in August last year to provide a guaranteed pension to retirees with a minimum of 25 years of service

US buyers rethink India orders as Trump's reciprocal tariff woes bite

Buyers are reassessing existing orders, with some seeking discounts. They are also exploring the best possible sources for imports, given the varied but steep reciprocal tariffs, exporters said