Page 112 - Economy

Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak

The rupee fell to 88.13 per dollar after the US Fed's hawkish 25 bps cut, ending a four-day rally, as bond yields rose on selling by dealers and supply-demand mismatch

FMCG companies can drive growth by leveraging brand equity: Report

Worldpanel by Numerator says FMCG firms must leverage brand equity to expand into high-growth categories and win new consumers

India will not allow rerouting of domestic goods from UAE to US, says Goyal

He said that if Indian goods come to UAE and are sent to other Asian countries or African nations, or other parts of the region, declaring that they are made in India, it will be a very welcome step

Rajasthan govt plans new strategy to further raise mining

According to a mines department official, a "concrete strategy", which includes aspects like recovery of dues, is being developed

Govt should ensure policy gains do not evaporate in opaque tractor markets

The government can ensure trade accountability by making it mandatory for dealers to display MRPs for all models along with prices under GST 1 (12-18 per cent) and GST 2 (5 per cent)

Tariff issue with US may be resolved in 8-10 weeks: CEA Nageswaran

CEA V Anantha Nageswaran said India and the US could resolve their tariff dispute within 8-10 weeks, as both sides hold talks and look to improve ties

EU unveils new agenda for India, but energy ties with Russia cast shadow

The EU said its closer partnership with India is increasingly becoming vital in the wake of shifting geopolitical realities and that it is imperative for the two sides to strengthen economic growth

'Hoped for more progress' in talks with India, says EU trade chief

The EU's key interests include cars, wines and spirits, and agriculture -- areas considered sensitive by India, and are still under negotiation

GST 2.0 promises relief on many fronts, but unfinished agenda persists

Despite the sweeping rate and slab reductions, several issues remain unresolved and need to be tackled in the next round of reforms to make GST more viable for businesses, say experts

Power sector CO2 emissions down for only second time in half a century

The power sector accounts for over half of India's total emissions. CO2 emissions from power generation added up to around 724 million tonnes (mt) in H1 2025

GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman

The finance minister also said the GST revenues grew to ₹22.08 trillion in 2025 from when it was introduced

Govt notifies revised CGST rate schedules, effective September 22

The Finance Ministry has notified revised CGST schedules covering seven categories of goods, effective September 22, with States set to issue matching SGST notifications

Private capex revival in India expected only next year: S&P Global

According to S&P Global's assessment, the persistent uncertainty is delaying private investment decisions, and causing volatility in capital flows, financial markets, and currency exchange rates

Exports to rise 6% this year, will end year on positive note: Goyal

Commerce Minister Piyush Goyal said India's exports would grow 6% this year, despite the US' 50 per cent tariffs, adding FTAs with the EU and UAE were progressing to boost trade

PM to lay foundation stone of NTPC's 2,800 MW nuclear project in Rajasthan

Prime Minister Narendra Modi will lay the foundation stone of NTPC and NPCIL's 2,800 MW Mahi Banswara nuclear project in Rajasthan, marking NTPC's nuclear entry

India's exports projected to rise 6% in 2025, says Piyush Goyal

Underscoring the country's strong performance in global trade despite challenges, the minister said discussions on free trade agreements (FTAs) were advancing with several countries

India can spark second Green Revolution with more agri R&D: CIMMYT chief

CIMMYT chief Bram Govaerts says India can drive a second Green Revolution by investing in agricultural research and global partnerships as the farm sector faces new challenges

Steel secy warns EU carbon border rules could hit India's exports to Europe

The CBAM is designed to impose a carbon price on imports from countries with lower environmental regulations

Govt unlikely to raise export duty soon on low-grade iron ore, pellets

The government has been considering raising the export duty to between 20 per cent and 30 per cent, from zero now

No direct impact of US tariffs on domestic industry, says steel secy

India does not import much steel from the US. So, the steel trade between India and the US is not very direct, he said