Page 111 - Economy

PM Narendra Modi to launch maritime initiative in Gujarat on Saturday

Prime Minister Narendra Modi will launch shipping and shipbuilding projects worth over Rs 7,870 crore on Saturday, including port upgrades and ship repair facilities

Explore infra for trading beyond $-₹ currency pairs: Malhotra to CCIL

RBI's Sanjay Malhotra urges CCIL to broaden forex, derivatives, and tech-driven services to aid rupee internationalisation

Tariff turbulence: Mass-market products feel the US tariff pinch

US tariff hikes choke Indian exports; apparel, textiles, auto parts and gems face slowdown as workers in NCR clusters fear job losses

India records lowest solar-plus-storage tariff at MP Morena project

The bidders included Acme Solar, Adani Renewable, AMPIN Energy, Apraava Energy, CEIGALL India, Dilip Buildcon, Engie, MB Power, NTPC Renewable Energy, Purvah Green, ReNew Solar, Serentica Renewables

Large ships get infrastructure status in boost to maritime industry

Move seen to ease financing woes of India's nascent shipbuilding industry

SME tracker: Global headwinds to slow down growth for ITeS MSMEs

In FY25, revenue grew an estimated 11 per cent in rupee terms to ₹4.4 trillion, supported by increased offshore workloads from cost-conscious global clients

India's forex reserves rise $4.7 bn to $703 bn, close to record high

Foreign exchange reserves climbed for the second straight week, led by gains in foreign currency assets and gold holdings, bringing the total near the $705 billion record

SDGs should take priority over climate targets, says CEA Nageswaran

India's Chief Economic Adviser Anantha Nageswaran has warned that India's climate goals must not undercut its economic aspirations

India leads global flex office market, to cross 100 mn sq ft by 2026: C&W

India has topped the global flex office maturity index, with Cushman and Wakefield projecting stock to cross 100 mn sq ft by 2026 on strong demand and operator expansion

R&I Japan upgrades India's credit rating to BBB+ with stable outlook

R&I Japan upgraded India's sovereign credit rating to BBB+ from BBB with a stable outlook, citing demographic dividend, resilient domestic demand and fiscal policy progress

India, New Zealand to hold next round of FTA talks in October 2025

The third round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded on September 19 in Queenstown, New Zealand

Retail inflation for farm and rural workers rises to 1.07% in August

The food index increased 1.39 points for agricultural labourers and 1.29 points for rural labourers in August 2025

Greek PM dials Modi, extends support for early conclusion of India-EU FTA

Modi and Mitsotakis also took stock of bilateral ties between India and Greece, especially in areas of trade, investment and defence

India's forex reserves rise by $4.7 billion to reach $702.97 billion

For the week ended September 5, foreign currency assets, a major component of the reserves, increased USD 2.537 billion to USD 587.014 billion, the data released on Friday showed

Only 2 in 10 consumers felt GST rate cut benefits in 2018-19, shows survey

Only 18 per cent of consumers say GST rate cuts in 2018-19 reached them; half blame brands and retailers for not reducing MRPs, while 78 per cent demand strict enforcement to pass on benefits

Japan's R&I upgrades India's currency rating to BBB+; outlook stable

R&I upgrade comes as RBI rate cuts, GST revamp and resilient domestic demand boost confidence in India's economic outlook

New GST reforms unlikely to put major burden on govt revenue: Crisil

Crisil said that govt has estimated the revenue loss at ₹48,000 crore, which is modest in comparison to last year's ₹10.6 trillion collections

Oyo parent Prism launches CheckIn app; targets luxury and premium stays

Oyo's parent firm is expanding into the premium segment with CheckIn app, which features hotels, homes, and holiday rentals. The existing app will continue to serve value-conscious travellers

Lower GST rates to ease tax burden, boost MSMEs, aid formalisation: Report

For rural households, the share of exempt and merit goods in their consumption basket is expected to rise sharply from 56.3 per cent to 73.5 per cent

RBI asks states to spread borrowings across tenures as bond yields surge

In a meeting this week with state government officials, the RBI advised states to spread their borrowing across the yield curve