Page 5 - Economy & Policy News

West Asia conflict highlights need for India to build natural gas reserves

Rising import dependence and supply disruptions amid West Asia tensions underscore the urgency for India to build strategic natural gas reserves and strengthen LNG storage capacity

Looming expiry of US sanctions waiver sets off scramble for Russia oil

Fears over the expiry of a US sanctions waiver pushed India's Russian oil imports to record highs as refiners raced to secure supplies

Losses pile up, oil marketing companies may hike retail prices of fuel

State-run oil firms face mounting under-recoveries as crude prices remain above $100 per barrel amid the US-Iran conflict and Strait of Hormuz disruptions

West Bengal's stalled infrastructure projects to get double-engine boost

Integration of Bengal into global supply chain one of BJP's election pitches

Indian consumers balancing aspirations with financial prudence: Report

The trend highlights the structural resilience of the consumer base, which continues to adapt to changing market conditions without compromising on long-term lifestyle aspirations

RBI and ECB renew cooperation framework with updated MoU in Basel

The updated MoU between the RBI and ECB will facilitate regular information exchange, policy dialogue and technical cooperation in areas of mutual interest

India got EU market opened for seafood through active talks: Goyal

India expanded seafood exports to the EU after steep US tariffs hurt shipments, helping fishermen and exporters offset losses from the American market

Central labour rules notified: What the new framework means for industry

Final Central Rules under the four labour codes shift India's labour reforms from policy to implementation, putting immediate compliance focus on employers

₹1 trn in 10 weeks: Cost of insulating India from global energy shock

Since the war broke out in the West Asia 10 weeks ago, state-owned oil marketing companies have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost

Weekly economy wrap: PMIs rebound, Cabinet push sharpens growth focus

Strong services activity, a manufacturing recovery and Cabinet approvals across rail, cotton, semiconductors and shipping shaped a week of growth signals and policy moves

Govt working on FTA utilisation plan to maximise benefits for businesses

The main Indian sectors that have received duty-free market access in these FTA partner countries include agriculture, textiles and apparel, gems and jewellery, leather and leather goods

EU-India partnership now at totally new strategic level: European envoy

The free trade agreement between the two sides has been billed as the "mother of all" trade deals

PMJJBY, PMSBY settle claims worth ₹25,160 cr since their launch in 2015: FM

These flagship schemes, which completed 11 years, aim to broaden the insurance and pension landscape by shielding citizens against life's uncertainties and fostering long-term financial resilience

US court ruling on Trump tariffs adds uncertainty to India-US trade talks

A US trade court struck down Donald Trump's 10 per cent global tariffs, adding fresh uncertainty to India-US trade negotiations and tariff policy

E-way bill generation rises 12% in April to fourth-highest level

E-way bill generation under the GST regime rose 12 per cent year-on-year in April, signalling sustained momentum in goods movement and economic activity

Rupee settles lower at 94.48 against US dollar in choppy trade

The rupee settled weaker against the US dollar amid renewed tensions in West Asia, while RBI intervention helped curb further losses in the domestic currency

Under-recovery of ₹30K crore per month on LPG and fuel sales: Govt

State-run oil marketing companies are facing mounting under-recoveries as retail fuel prices remain largely unchanged despite crude oil hovering around $100 a barrel

DPI inclusion gaps persist despite welfare gains: CEA V Anantha Nageswaran

Chief Economic Adviser V Anantha Nageswaran said India's digital public infrastructure has boosted welfare delivery, but gaps remain in inclusion and governance

India's forex reserves fall $7.79 billion amid decline in gold reserves

India's foreign exchange reserves declined to $690 billion in the week ended May 1, led by a fall in gold reserves and foreign currency assets, RBI data showed

India, Oman likely to discuss early FTA implementation on May 11

The agreement will provide duty-free access to 98 per cent of India's exports, including textiles, agri, and leather goods in Oman