Page 128 - Economy

Are export sectors in the firing line? Markets brace for tariff fallout

From textiles and gems to auto parts and seafood, Indian exporters brace for shrinking US orders, job losses, and weaker earnings as Trump's tariff surge takes effect on August 27

Indian refiners to trim Russian oil purchases as higher US levies loom

State-run and private processors, including heavyweight Reliance Industries Ltd., are expected to buy 1.4 million-to-1.6 million barrels a day for October loading and beyond

Japan to unveil plan to invest $68 bn in India over 10 years in AI, chips

Japanese PM Shigeru Ishiba, who is scheduled to meet Prime Minister Narendra Modi on Friday, is expected to unveil plans to deepen the business ties between the two Asian countries

Trump administration issues notice to India as 50% tariff deadline nears

The Trump administration has issued a 50% tariff notice to India over Russian oil imports, tying it to a broader diplomatic push for ending the war in Ukraine

Draft rules for new I-T Act expected by year-end, says CBDT member

When the new law was introduced in Parliament on February 13, the government also set up a committee to draft the accompanying rules and forms

India-UK FTA to boost aluminium exports as carbon tariffs pose challenge

FTA could triple aluminium exports to the UK by 2030, while R&D collaboration may enable extraction of critical minerals from aluminium by-products

Commerce Secretary Sunil Barthwal to push FTA talks with EU in September

Finalising a trade deal with the trade bloc has been a key priority for New Delhi, and it has now become even more critical

Demand to reinforce steel MSMEs amid rising costs: Crisil SME Tracker

The production of long steel increased 8.7 per cent Y-o-Y in Q1FY26, with mid and small steel mills accounting for 72.4 per cent of this production

India, Fiji resolve to boost defence and maritime bilateral ties

PM Modi and Fijian PM Rabuka signed nine agreements and announced 17 new initiatives, with India pledging defence, maritime, and healthcare support to strengthen ties

Odisha govt approves new IT, electronics component manufacturing policies

The state cabinet meeting, chaired by Chief Minister Mohan Charan Majhi, this evening has approved the two policies

Proper data integration required to boost MSME lending, say bankers

Bankers highlighted the need for consent-based APIs and structured data to improve MSME lending, addressing working capital, technology, and credit guarantee challenges

Step up efforts to expand pension coverage: PFRDA Chairperson S Ramann

PFRDA Chairperson S Ramann called on banks, particularly private lenders, to step up efforts, improve persistency, and enhance financial literacy for broader pension coverage

Govt bond yields rise to five-month high ahead of large SDL supply

Benchmark 10-year yield closed at 6.60%, the highest since March, as higher SDL supply and Fitch's reaffirmation of India's BBB- rating weighed on sentiment

India, WFP to supply 200k tonnes of fortified rice for humanitarian needs

India and WFP signed a pact to supply 200,000 tonnes of fortified rice over five years from FCI warehouses to meet humanitarian food and nutrition needs globally

2.6 mn ineligible beneficiaries of Ladki Bahin scheme in Maha: Minister

The data of ineligible beneficiaries has been submitted to district authorities for physical verification, and appropriate action will be initiated on completion of the scrutiny

Chhattisgarh Pavilion gets massive response at Osaka Expo in Japan

The Pavilion weaves Chhattisgarh's cultural richness, industrial strength, and tourism potential

Govt to tap Amazon, Flipkart data in inflation revamp, launch index

The move could make India's retail inflation data more robust by accounting for prices on online platforms as their share in household spending rises

Fitch affirms India ratings at BBB- with stable outlook on robust growth

Strong demand and solid external finances support rating; high debt and fiscal gaps remain key constraints, Fitch says

India's $695 billion reserves can cover 11 months of exports: RBI Governor

RBI Governor Sanjay Malhotra said India's forex reserves at $695 billion can cover 11 months of imports, giving the economy a strong buffer against global shocks ahead of Aug 27 tariff deadline

With 100 fab plants globally, India needs a bigger share: SEMI's Manocha

The industry is going through a massive inflection point. Over the past decade, we saw strong growth in this industry because of the IoT (internet of things)