Page 125 - Economy

Indian economy likely grew solidly before Trump tariffs hit outlook

India's gross domestic product probably expanded 6.7 per cent in the three months to June, the first quarter of the financial year, according to the median estimate in a Bloomberg survey

'Cost of backing Putin': Senator Graham warns India on Russian oil import

India has come under increased scrutiny from Washington over its oil trade with Russia. The US, led by President Donald Trump, has imposed punitive tariffs of 50 per cent on Indian imports

India's economy resilient but US trade policies a risk: RBI bulletin

Average headline inflation, meanwhile, is seen remaining significantly below the central bank's target of 4 per cent this financial year, according to the RBI bulletin

Navarro backs Trump tariffs, says road to Ukraine peace runs through Delhi

White House adviser Peter Navarro has accused India of funding Moscow's war through Russian oil buys, defending Trump's 50% tariffs and warning that 'the road to peace in Ukraine runs through New Del

PM Modi to secure $68 bn Japan investment, boost AI, chip ties during visit

During PM Modi's visit to Japan, the two sides are also expected to step up plans on defense cooperation, with New Delhi focusing on transfer of technology and jointly developing military hardware

Gen-next economic reforms: Big ticket projects, slashed compliances

These include an ambitious push for big-ticket projects, projecting India as a destination for major investments, and slashing the compliance burden on enterprises and citizens

Tariff fix key to India-US trade deal negotiations, govt remains hopeful

Multi-pronged strategy in the works to help exporters

Tariff impact: Nomura cuts FY26 GDP forecast to 5.8% in worst-case scenario

Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said

Crude oil imports from Russia set to dip in Sep, Oct before rising again

Indian refiners have resumed tendering Russian oil purchases in the second half of August

Manufacturing, consumer goods lift India's July IIP growth to 3.5%

IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains

Headline inflation should continue to be the target, says BS poll

Economists back headline CPI as India's inflation target, stressing food's heavy weight in consumption and urging RBI to retain the 4% benchmark with the current tolerance band

Datanomics: Job patterns expose India's labour market fragilities

These fault lines indicate that while growth may remain steady, global shocks such as tariff hikes could magnify job losses

BS Infra Summit: Fossil fuels can't be eliminated, say industry experts

Industry experts say the country's green energy success depends on a long-term policy vision, targeted investments in infrastructure, and the development of domestic technology and financing solutions

Green energy aided by strong ecosystem, say industry representatives

India's renewable energy sector is growing fast but faces hurdles in financing, transmission, and storage, even as policy support and innovation drive progress toward 2030 targets

We're creating a system for shipbuilding in India, says Sarbananda Sonowal

First phase [of Vadhavan port] is expected to be completed by 2029 and second by 2037, says Sonowal

BS Infra Summit: Need a virtuous cycle of investments, says Gadkari

Financing and technology can overcome execution and road safety challenges to achieve national targets, says Nitin Gadkari

India must not give in to any 'bullying': MSIL's RC Bhargava on tariffs

On the domestic front, he said reducing GST on small cars could help counter the economic strain created by American tariffs

PMJDY turns 11 with 560 million accounts, ₹2.68 trillion deposits

PM Modi on Thursday said in his post on "X": "When the last mile is financially connected, the entire nation moves forward together

Centre planning support measures for exporters amid tariff shock: Official

The government is likely to include steps such as the rollout of an export promotion mission worth Rs 25,000 crore over six years, and a moratorium on export loans

CCI, MeitY to work together on competition and data protection issues

This was decided on Thursday in a high-level meeting of representatives of the Competition Commission of India (CCI) and the Ministry of Electronics and Information Technology (Meity)