Page 3 - Economy & Policy News

'Indian exporters must upgrade product standards to benefit from UK FTA'

Experts said that the govt should conduct an outreach programme in different parts of India to inform the domestic industry about the Comprehensive Economic and Trade Agreement between 2 nations

'Centre prioritising energy security by shifting towards coal gasification'

Union Minister for Coal and Mines G Kishan Reddy said that more than 35 companies will be starting coal gasification activities in India within two months

India-EU FTA to be signed by Dec, implemented from Feb-Mar next year: Goyal

Under the India-EU FTA, about 93 per cent of Indian shipments will enjoy duty-free access to the 27-nation bloc, while imports of luxury cars and wines from the EU will become less expensive

Exports rise 15% during Apr-Jun 14 despite global uncertainties: Goyal

Goyal said that despite 50 per cent tariffs imposed by the US, India's exports in 2025-26 recorded healthy growth

India seeks US tariff edge over rival nations before enacting trade pact

The issue currently pending is that our duties need to be lower compared to those of competing nations, said Piyush Goyal

India boosts Russian, UAE oil purchases in June ahead of Hormuz reopening

India imported an average of 2.66 million barrels per day of crude oil from Russia in June, through June 19, compared to 1.91 million bpd in May

A stock trader's guide to navigating risks of rare 'Super El Niño'

A high probability of a "Super El Niño" heading into 2027 may drive up temperatures in some parts of the world, sending power demand surging, hurting crop yields and reigniting inflationary pressures

El Nino is a global crisis, keeping close watch on situation: Piyush Goyal

Goyal said the government is prepared and focused on safeguarding farmers' interests. "If a water crisis arises, all necessary steps to tackle it will be taken," he assured

India must invest in deep tech, not rely on global trends: Neelkanth Mishra

He was speaking at the 15th convocation ceremony of the Indian Institute of Technology Gandhinagar (IITGN)

Crude oil import bill surged 81.5% in May on elevated energy prices

India's crude oil import bill rose sharply in May as higher global energy prices outweighed stable import volumes amid supply disruptions linked to the West Asia crisis

Minutes of June MPC meet: Members wary of generalisation of inflation

RBI Monetary Policy Committee members highlighted risks of inflation becoming broad-based and stressed uncertainty around growth and prices due to the West Asia conflict

Over 7 million employed under Viksit Bharat Rozgar Yojana: PM Modi

Prime Minister Narendra Modi said the employment-linked incentive scheme has generated nearly 7 million jobs and expanded social security coverage for first-time workers

Crisil SME tracker: Road MSMEs under EPC may retain their margins in FY27

Increased allocations for highways and rural roads are expected to drive demand for MSMEs engaged in EPC projects

Cestat ruling: Stock brokers may get clarity on delayed payment charges

Experts say the Tribunal's ruling on delayed payment charges could provide greater certainty to stock brokers on the tax treatment of financing-related charges

Crude surplus may widen Russian discounts as supplies rise post-ceasefire

Indian refiners expect Russian crude discounts to widen as additional supplies from Iran and West Asia enter the market following the US-Iran ceasefire agreement

PM Modi to launch Rs 25,016 cr coal gasification project in Odisha

The project will house India's first commercial-scale coal-to-ammonium nitrate facility and is aimed at boosting energy security and reducing import dependence

India's forex reserves decline $9.98 bn to $671.62 bn as gold assets shrink

The decline comes after forex reserves had already slipped in the previous week, RBI data showed

MPC Minutes: Need to stay watchful on inflation, says RBI governor

The Reserve Bank of India (RBI) on Friday released the minutes of meeting of the Monetary Policy Committee (MPC) held during June 3-5

Why El Nino could become India's next growth and inflation challenge

With rainfall turning weaker and El Nino risks rising, India could face pressure on farm output, food inflation, rural demand and overall economic growth in FY27

Direct tax collections rise 15% to ₹5.21 trillion till June 17 in FY27

Net direct tax collections rose to ₹5.21 trillion as strong growth in non-corporate taxes and advance tax payments offset modest growth in corporate tax receipts